Remove Buyers Remove Development Remove Open Houses Remove Realty
article thumbnail

Brokerage uses VR to get consumers inside houses that haven’t been built yet

Housing Wire

Urban District Realty , a Washington, D.C.-based This project has been in development for just over a year, and now gives potential homebuyers the chance to tour a home that hasn’t been built yet with its virtual reality technology. based brokerage, announced last week the launch of its custom real estate listing system, PROJETO.

Brokerage 544
article thumbnail

The ‘double-edged sword’ of dual licensing

Housing Wire

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 best real estate schools in Massachusetts for 2024

Housing Wire

Freedom Trail Realty School Best real estate schools in MA for career support Overall Rating: 4.9 out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5.

article thumbnail

7 Essential Steps to Sell your Home this Fall

Lamacchia Realty

Selling your home during the autumn months presents new opportunities, such as leveraging a cozy home atmosphere and reaching motivated home buyers looking to settle in before the holidays. Projects like these are typically inexpensive and don’t require a whole lot of time and are very attractive to potential buyers.

article thumbnail

Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Inventory rises when more sellers are listing than buyers are buying.

article thumbnail

Price Adjustments and the 2023 Market

Lamacchia Realty

Now, a year and a half later, with rates up to 8%, buyer affordability is significantly diminished. Coming from the frenzied pandemic market where inventory was at historically low levels , sellers are holding the line and buyers are still the ones competing in this market. In the graphic to the right, you can see this more clearly.

article thumbnail

Price Adjustments in this New Housing Market

Lamacchia Realty

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.