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This first-time homebuyer program is like winning the lottery

USA Real Estate News-Inman - Thu, 2024-03-07 17:10
California to use lottery system to allocate $220 million in "Dream for All" shared appreciation loans that cover down payments for first-time homebuyers.

Biden proposes $5K tax credit for first-time buyers in SOTU address

USA Real Estate News-Inman - Thu, 2024-03-07 16:58
The set of new housing initiatives also includes a one-year tax credit of up to $10,000 to households that sell their starter home. NAR applauded The President's commitment to aiding the industry.

Biden set to propose $5K tax credit for first-time buyers

USA Real Estate News-Inman - Thu, 2024-03-07 16:58
The President will reveal a set of new housing initiatives during the State of the Union address on Thursday that will include a tax credit of $5,000 per year for two years to first-time homebuyers and a one-year tax credit of up to $10,000 to households that sell their starter home.

Pacaso, Serena & Lily offer luxury listing along Florida’s ’30A’

USA Real Estate News-Inman - Thu, 2024-03-07 16:19
Second home solution Pacaso has shares available in a new luxury six-bedroom home along Florida's sought-after 30A corridor.

Best time to list a home? With high mortgage rates, it’s tough to tell

USA Real Estate News-Inman - Thu, 2024-03-07 16:01
The peak of the spring homebuying season may have shifted to later in the year, at least in some markets, according to new analysis by Zillow.

Baird & Warner at center of latest commission lawsuit filed in Illinois

USA Real Estate News-Inman - Thu, 2024-03-07 15:38
Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant.

5 Must-Use Real Estate Negotiation Tactics

USA Real Estate News-RISMedia - Thu, 2024-03-07 14:57

The ability to negotiate successfully enhances an agent’s reputation, fosters client satisfaction and contributes to long-term success in the competitive real estate world.  Let’s explore five must-use techniques to improve your negotiation skills and facilitate better deals, getting you more “yeses” at the closing table. Keep communication on the phone or in person Although digital…

The post 5 Must-Use Real Estate Negotiation Tactics appeared first on RISMedia.

4 Metrics Buyer Agents Can Use to Quantify Their Value

USA Real Estate News-RISMedia - Thu, 2024-03-07 14:48

The value of buyer agency remains under a microscope, with each successive commission lawsuit asserting more explicitly that buyer representatives are underworked and overpaid. While most consumers are not closely following these developments, with another trial scheduled for later this year and the increased chance of a forced “decoupling” of compensation, buyer agents everywhere need…

The post 4 Metrics Buyer Agents Can Use to Quantify Their Value appeared first on RISMedia.

Single Women Homebuyers Redefining Market Norms and Trends

USA Real Estate News-RISMedia - Thu, 2024-03-07 14:38

Women are a dominant force in the U.S. real estate industry, comprising 62% of REALTORS®. Moreover, single women are the second-largest group of buyers after married couples. Therefore, it’s fitting that we celebrate how women impact the real estate market during Women’s History Month. According to the 2023 National Association of REALTORS®’ Profile of Homebuyers…

The post Single Women Homebuyers Redefining Market Norms and Trends appeared first on RISMedia.

Challenges and Limitations of Price Per Square Foot in Real Estate Valuation

USA Real Estate News-RISMedia - Thu, 2024-03-07 14:34

Price per square foot emerges as a foundational metric within real estate, offering a rudimentary gauge for assessing property values. By dividing a property’s price by its total square footage, PPSF yields a figure that ostensibly facilitates direct comparisons across diverse properties. Its appeal lies in its simplicity, allowing a quick snapshot of value to…

The post Challenges and Limitations of Price Per Square Foot in Real Estate Valuation appeared first on RISMedia.

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