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Santa Monica: An unexpected haven for first-time buyers

Housing Wire

But local real estate professionals would beg to differ. Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. They spook easier.

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Real estate industry is in flux after shocking guilty verdict in commission lawsuit trial

Housing Wire

It found the National Association of Realtors , HomeServices of America and Keller Williams guilty of collusion to maintain high commission rates. billion in damages, many questions still remain about what this means for the real estate industry, as the defendants still await Judge Stephen Bough’s final judgment.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

Many Massachusetts real estate schools offer online courses. After completing an approved course of study, you’ll be able to sit the state real estate exam. Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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Mortgage rates are projected to decline, but will that entice buyers?

Housing Wire

While mortgage rates have been trending lower, rates are still higher than 12 months ago, but some experts anticipate that the downward pressure on rates will provide opportunities for buyers. For the buyer of a median-priced home, these lower prices translate into a $9,800 savings on a 20% down payment. Rents are more expensive.

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How to minimize tenant turnover using online property management tools

Housing Wire

It can even prevent you from selling your investment property because potential buyers don’t want to deal with the hassle of constantly finding new tenants. Every landlord or property manager deals with tenant turnover whether they own one condo, a slew of single-family homes, multiple apartment complexes, or even commercial buildings.

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This Best Kept Secret Helps New Real Estate Agents Find Clients

McKissock

New real estate agents may find it difficult to establish themselves as a local expert in real estate—especially when they’re competing against seasoned professionals. One often-overlooked way to gain experience and insight into a local real estate market is to help renters seeking new apartments.

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Is FOMO Fueling the Real Estate Market?

Empire Appraisal Group

Is FOMO Fueling the Real Estate Market? Source: Is FOMO Fueling the Real Estate Market? Florida Realtors. Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot. . By Amber Randall.