The National Association of Realtors (NAR) Realtor Code of Ethics has existed in this industry for over a century. First adopted in 1913 as a set of guiding principles, the Code of Ethics has evolved to become the standard to which all real estate agents are held. While it’s been revised over the years to […]
What First-Time Home Buyers Need to Know
Buying a home isn’t as easy as setting up a showing and writing an offer. If you are considering purchasing a home, you’ll need to do some legwork first. Here’s what first-time home buyers need to know before beginning their home search. What First-Time Home Buyers Need to Know Before Making an Offer Current […]
5 States Facing Low Housing Inventory in 2022
The American housing market was already struggling with low housing inventory before the pandemic hit in 2020. But labor shortages, an exodus out of the cities and into suburbs, and lower interest rates during the pandemic meant more buyers and even fewer homes. One report found a 23% drop in available homes in June 2021, […]
Unsellable Homes: 7 Factors that Make a Home Harder to Sell
When it’s time to sell or refinance your home, many factors contribute to the property’s value: location, age of the house, and the condition of the home’s interior and exterior, for instance. Many of these issues can be addressed before closing, giving you a better chance of selling your home at a higher price. But […]
The End of the Eviction Moratorium: What Does it Mean for Real Estate?
Looking back, it seemed to happen overnight. One day, it was business as usual in America. The next day, the country was in lockdown, with businesses shutting their doors and millions of Americans out of work. Panic set in: how would tenants pay their rent? How would landlords and homeowners pay their mortgages? Enter the […]
Real Estate Market Trends: Summer 2021 Recap
What a difference a year makes! In the summer of 2020, many real estate professionals nervously watched as a pandemic slowed the nation to a crawl. Some worried the real estate market might take a massive hit. One year later, the real estate market is booming. Home prices are soaring. Inventory is at an all-time […]