The US Sun

PROSPECTIVE homeowners are facing a change to the house-viewing process with new contracts being rolled out in weeks. A new system will be introduced to force those looking for a new home to sign with a realtor before viewing any properties. From August 17, buyers will have to sign a mandatory agreement due to a […]

New rule for Americans wanting to buy a home from August 17 – with extra document and risk of additional charges

When it comes to the NAR settlement—based on a survey that was done with BAM and 1000watt—77% of sellers are willing to offer buyer agent compensation outside of the MLS. They’re willing to adapt to new rules. What that means is you have to be ready to...

How to Explain 4 Positives of Offering Buyer Agent Compensation to Sellers

In dollar terms, the typical buyer’s agent commission is $15,377 per deal, up marginally since January due to rising home prices. The typical U.S. home seller pays a 2.55% commission to the real estate agent hired by their home’s buyer, according to an analysis of MLS data by Redfin, the technology-powered real estate brokerage. That’s down from an average of 2.62% in January.

Typical Buyer’s Agent Earns 2.55% in Commission, a Rate That Has Declined Since the NAR Settlement Was Announced in March, Redfin Reports

On Tuesday, August 6, 2024, the Consumer Federation of America (CFA) published a Consumer Alert on the new Realtor rules and practices that will go into effect on August 17 due to the NAR settlement. CFA makes three recommendations to buyers and sellers to help them with the rule changes....

CFA Urges Buyers and Sellers to Negotiate Commissions as Dollar Amounts

Salt Lake City, UT

Deseret News

Starting Aug. 17, new rules require clear compensation terms and buyer agreements in real estate deals.

Understanding the $418 million NAR settlement and how it will affect the housing market

Tampa, FL

Business Insider

In almost all of the largest US cities, more home sellers are cutting their asking prices than at the same time last year.

Home sellers are getting more desperate in these 10 cities — and that's good news for buyers

Charlotte, NC

Fox Business

A new report published by Realtor.com found that the share of available home listings that saw a price cut in July rose to the highest level in two years.

Home prices are finally starting to fall – and they dropped the most in these 3 cities

Kiplinger

If you have auto insurance, you’ve probably considered changing car insurance companies at some point. When is it a good idea, and when should you stay put?

Car Insurance Rates Are Rising. Should You Switch Providers?

Delaware State

CBS Denver

The best state to retire in the U.S. is also one of the smallest, according to a new ranking. Based on its high marks for affordability, access to high quality health care, overall well-being and other categories, Delaware, known as the "First State," earned the top spot in Bankrate's annual ranking of the best states to retire in the U.S. In 2023, the state ranked No. 2, behind Iowa. "While you might not think of Delaware as a typical retirement haven, it has many strong selling points for retirees," Bankrate analyst Alex Gailey told CBS MoneyWatch. Bankrate ranked states based on their scores...

This state was named the best place to retire in the U.S.

Mental_Floss

Trying to find an affordable house in Vermont or New Jersey is tough right now, but those aren’t the only states in the U.S. where home prices are on the rise.

10 States Where Home Prices Are Rising the Fastest

- Advertisement - The recent surge in COVID-19 infections in California, including Los Angeles County, has led to a shortage of medications at pharmacies in Los Angeles Koreatown. According to the federal Centers for Disease Control and Prevention (CDC), the recent surge in COVID-19 cases has been driven by the...

COVID-19 surge in LA County leads to medication shortages in Koreatown

Fortune

Renters are getting better deals on apartments now, but asking rents are still considerably higher than pre-pandemic. For years, it’s felt as if rent has gotten out of control. And that’s partially true, considering median rent prices are more than 21% higher today than they were in 2019. But rents are starting to drop ever so slightly.

Renters finally get some good news as power begins to swing away from landlords

Indiana State

It hasn’t been quite so easy to sell a house in 2024. High mortgage rates are making buyers pause. Nearly a third of homes stayed on the market for more than 30 days across the entire U.S. as of July 2024, according to Realtor.com data reviewed by Cash For Home, a company that arranges cash offers.

How long will it take to sell a home? It depends on the state where you live.

New York City, NY

MarketRealist

Earlier this year, the "tiniest apartment in Manhattan" available to rent for $1,200 a month made headlines.

This balcony with a bed is listed for rent at $244 per week; landlord calls it a 'sunny room'

Arizona State

Phoenix, AZ

GOBankingRates

Finding a place to live that's both safe and doesn't break the bank can be tricky at best. But don't worry! GOBankingRates spoke to real estate experts who have the inside scoop on the Arizona towns...

I’m a Real Estate Agent: These 4 Arizona Cities Are Safe and Affordable

Social Security retirees could be on track for a COLA above 2.7%. This will be the first time since 1992 that the COLA has been above 2.6% for four consecutive years. We won't have an official answer on the COLA until October, but early signs point to a big increase.

Social Security's COLA Could Break a 32-Year Record in 2025. Will It?

Wisconsin State

The Motley Fool

Ever wonder what the average home costs in your state? Well, wonder no more -- we've got your answers here.

This Is How Much the Average American Home Costs by State

CBS News

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  Thanks in large part to the elevated rate environment, the cost of buying a home has vastly increased over the last several years. In turn, more and more buyers have been priced out of the market — at least temporarily. After all, today's mortgage rates are over two times as high as they were during the pandemic when rates below 3% were available to many buyers. And when you add in the other complicating factors, like an uptick in home...

As mortgage rate cuts loom, here's how much homebuyers could save

California State

Modesto, CA

While we adhere to strict editorial guidelines, partners on this page also provide us earnings. When Joan Van Kuren of Modesto got a notice from her insurance company stating they would not renew her home insurance policy, she was shocked to learn why. California insurance provider CSAA — part AAA’s insurance company — stated they discovered a “substantial increase in hazards” piling around her home.

California woman who spent over $200K remodeling her home is dropped by insurer over drone-captured images of ‘clutter’ and debris — what you can do if your insurer threatens to fire you

Apple Valley News Now

After years of saving, Jordyn Carias and her partner purchased a home for the first time last month. To find a place that didn’t break the bank, she said, they had to go smaller.

New homes are getting smaller. That could be big news for first-time buyers

NewsBreak

New NAR rules set to ease real estate negotiations and potentially lower commission

- Advertisement - The National Association of Realtors (NAR) will implement changes to its real estate transaction commission rules starting on August 17. Earlier in March,...

New NAR rules set to ease real estate negotiations and potentially lower commission

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