The consumer advocates of the National Association of Exclusive Buyer Agents (NAEBA) warn that separating buyer agent commission from real estate practice will harm homebuyers. It is a misguided attempt to lower overall fees to consumers. Instead, it will lead to...
Buying a home in a historic city comes with many perks, and a few risks as well. Whether it's the founding of America in cities like Boston and Philadelphia or the Wild West in San Antonio and Santa Fe, there is a city that fits every type of search for a blast from...
Pending Home Sales, which measure signed contracts on existing homes, fell 1.2% in March, though this was stronger than the 1.8% decline expected. Sales are now down 8.2% year over year. There is no doubt that higher interest rates could be impacting demand, but this...
Many consumers know that the off-season is typically the best season for bargain shopping. In most US markets, the off-season for home buying is the winter, particularly during the holidays and in the first quarter of the new year. However, winter home buying creates...
A few months ago, my clients and I attended an almost perfect home inspection. They were purchasing a classic 1940s Cape Cod that had been meticulously maintained. The only issue the home inspector found was a loose faucet in one of the bathrooms. Most home...
A post settlement occupancy agreement happens when sellers and buyers agree to allow the seller to stay in the house after settlement. This can happen for a variety of reasons. Sometimes, sellers need to stay in a home to finish out the school year. Other times...
Not every year is the same, but there's a pattern. First, though, I want to remind you that it takes about five weeks to close on a house, once you have an accepted offer. Here, I am talking about when you get your offer accepted, not when you close. So, for example,...
The end of winter signals the beginning of the busy real estate season and the National Association of Exclusive Buyer Agents (NAEBA) is renewing an effort to educate buyers about the various choices for agent representation in the home buying process. While most...
**This is the first in a new series we are offering on local market conditions. All articles will be written by a NAEBA member in that market area. We hope that this will help you further understand your local market as well as other markets in the area. As always,...
Hot, Hot, Not During the first three months of 2014, Bethesda had a hot market with 130 Single Family Homes (SFH) and 46 condos sold. There was a tremendous feeling that we were already in a full-blown Spring Market. It felt like a great beginning to a hot, hot year....
ORLANDO median home prices climbed 24% in 2013, as short sales dropped 33% and foreclosures dropped 11%. Normal sales went up 42% as the Central Florida housing market rebounds better than any other large city in Florida. Overall, home prices are on the rise which...
Seattle Property Market Well, it is official - last year Seattle was the fastest growing city in the US. From July 1, 2012 to July 1, 2013, Seattle grew by 2.8 percent — the highest rate among the 50 most-populous U.S. cities. Seattle added nearly 18,000 residents and...