Why Dual Agency in Real Estate Is Bad For Buyers and Sellers



What is Dual Agency and How Does it Work? There are lots of things in a real estate transaction that a layman has no idea about. Most people do understand the basics of representation. For example a “seller’s real estate agent” represents a seller and a “buyer’s real estate agent” represents a buyer. Pretty simple […]

Repair & maintenance costs top buyers’ list of biggest regrets



Younger homeowners more often say they rushed through the buying process and have regrets about their mortgage, likely resulting from the challenges young buyers face entering today’s expensive housing market. Still, homeowners of all ages are, for the most part, happy with their home purchases, a recent Zillow survey shows. The Zillow Housing Aspirations Report […]

Single Agent Dual Agency Fails Buyers and Sellers of Real Estate



Dual Agency Does Not Benefit Consumers When most people buy or sell a home, they pick a great real estate agent they feel comfortable with. Quite often the agent is chosen for various reasons including the following: A recommendation from a friend or relative. You saw an online review or a Google search. You noticed […]

Housing inventory grows, advantage shifts to buyers



After falling for nearly four consecutive years, housing inventory has turned a corner.

Chinese interest in U.S. real estate grows



Chinese have ranked as the top foreign buyers of residential homes in the U.S. for six straight years. Traditionally, Chinese buyers have mostly focused on buying higher-end homes, but these days they’re increasingly looking at low-priced properties as well, the National Association of Realtors says. Up until recently, most Chinese buyers have snapped up million-dollar […]

Adjustable-rate mortgages grow more popular in expensive markets



More buyers are opting for adjustable-rate mortgages in order to cut costs amid rising interest rates, new data from CoreLogic shows. They’re doing so even as the potential savings between a fixed-rate mortgage and an ARM get narrower. According to Freddie Mac data, the average rate on both a 30-year fixed rate mortgage and a […]

Zillow lists its top 10 markets for buyers this winter



After years of competitive bidding wars and rising prices, a new study from Zillow shows it might finally be a good time to buy a home in many U.S. markets. Zillow researchers looked at three factors to determine which of the largest U.S. housing markets are becoming more buyer-friendly and found that some previously prohibitively […]

New owners can expect to pay $40,000 in fees to buy a home



Buying a home is one of the most expensive transactions someone will ever make, and home shoppers can expect to spend $40,000 on average in one-time fees on the typical U.S. home, according to a new analysis from Zillow company RealEstate.com and Thumbtack, an online service that matches customers with local professionals. For first-time buyers, […]

Ten Seller Deliveries at a Commercial Real Estate Closing



When buying a house, the seller typically will sign a deed and hand over the keys. However, commercial real estate transactions are usually more complicated, and most sellers of commercial properties have more deliverables. Buyers who do not get these items from sellers at the closing may find themselves trying to track down the sellers’ […]

As trade war rages on, Chinese keep buying U.S. real estate



Despite rising tensions between China and the U.S. resulting from a new trade war launched by President Donald Trump, Chinese investors are still drawn to the U.S. real estate market, experts say.