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Housing
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News
NAR says Ukraine conflict will have no direct impact on U.S. real estate market
By
Mike Wheatley
| March 9, 2022
Housing
,
News
Rising heating bills shock Americans
By
Mike Wheatley
| March 7, 2022
Rising heating bills this winter have left many homeowners in shock. The increased cost of fuel such as gas has made heating bills jump by anything from 5% to 50% this winter. The increased costs were anticipated, with federal agencies warning last fall that a big jump was expected. Still, in some regions, heating bills […]
Housing
,
News
Russia – Ukraine war threatens to impact U.S. housing affordability
By
Mike Wheatley
| February 27, 2022
Russian President Vladimir Putin ordered his military forces to invade Ukraine this week and the conflict has made headlines around the globe. Experts say financial markets across the world will likely feel the impact of what’s said to be the largest military operation in Europe since World War II. In the U.S., experts say the […]
Housing
,
News
Maine looks to attract young home buyers with student debt relief
By
Mike Wheatley
| February 25, 2022
Lawmakers in Maine are considering a proposal that would allow up to $40,000 in student loan debt forgiveness for first-time home buyers. The proposed Maine Smart Buy Bill will pay off student debts of between $5,000 and $40,000 over a period of five years, so long as the buyer lived in the home they purchase […]
Housing
,
News
Predators using 'quiet title' laws to seize people's homes in the Midwest
By
Mike Wheatley
| February 17, 2022
Opportunists are believed to be exploiting a little-known “quiet title” laws in Iowa and other states in the Midwest to seize control of people’s homes and sell them without their knowledge. Worse still, they’re mostly targeting immigrants who are unlikely to know how the laws work. Iowa Public Radio reported on the case Natalia Esteban, […]
Housing
,
News
,
Real Estate Agents
Real estate pros reject sugarcoating for more brutal honesty
By
Mike Wheatley
| February 9, 2022
With the COVID-19 pandemic and the rise in virtual tours, more people are buying more homes “sight unseen” and that has prompted some real estate agents to be much more honest in their descriptions of listings. As buyers increasingly turn to video tours, agents need to act as their eyes, ears and noses when showing […]
Home Buying
,
Housing
,
News
Rising rents pushing lifelong renters to buy
By
Mike Wheatley
| February 6, 2022
The pressure of rising rents is pushing more people to consider homeownership, but not because they’re particularly interested in becoming a property owner. Rather, it’s being seen as a way of reducing their living expenses. The Wall Street Journal reported that average monthly rents rose more than 14% year-over-year in December. Some cities, including Austin, […]
Home Sales
,
News
More than half of all existing homes sold above asking price in May
By
Mike Wheatley
| June 1, 2021
Redfin survey finds that 51% of homes sold above their list price in May
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