You’ve been searching online and found a few homes that meet your criteria of three bedrooms and two bathrooms. But as you read the listing descriptions that indicate one house is on 0.23 acres and another has a lot size of 8,730 square feet, you’re baffled by what these numbers actually represent. Your digital assistant…
When the time comes to move, some tenacious homeowners in North Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 —…
Most real estate agents in New York get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home…
According to national property broker Redfin, new listings of homes for sale fell 22.4% nationwide from a year earlier during the four weeks ending April 23, 2023, one of the biggest declines since the start of the pandemic. Homeowners are staying put because they want to hang onto their low mortgage rates–this week’s average 30-year…
According to a new report from CBRE, lab vacancies increased across the top 13 U.S. life sciences markets in the first quarter of 2023, providing relief for companies that had found little available space in recent years. Average vacancy of 6.7% in the first quarter marked an increase of 170 basis points from a year…
According to the National Association of Realtors, pending home sales decreased in March 2023 for the first time since November 2022. Three U.S. regions posted monthly losses, while the South increased. All four regions saw year-over-year declines in home sales transactions. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based…
Based on ATTOM’s newly released first-quarter 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales across the United States decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation. The drop-off in typical profit margins, from 48.7 percent in the fourth quarter of…
Nestled in the eastern part of Washington state, Spokane, WA is a city renowned for its natural beauty, cultural attractions, and vibrant community. From the stunning waterfalls of Spokane Falls to the peaceful wilderness of Dishman Hills, living in Spokane offers a wealth of beautiful places that are sure to delight visitors of all ages…
Are you curious about moving to Virginia and are finding yourself thinking, “is Woodbridge, VA a good place to live?” Well, you’ve come to the right place. In this Redfin article, we’ll explore the 9 pros and cons of living in Woodbridge, so you can get a better sense of what life is like there. …
Are you a homeowner in Sarasota looking to improve your home’s comfort and value? Look no further! There are various remodeling projects that can add functionality, beauty, and resale value to your Sarasota home. Whether you live in a charming bungalow in Gillespie Park or a modern beachfront condo on Siesta Key, there are home…