Commissions are up, but so is the competition for housing brokers in Atlanta
Commissions are up, but so is the competition for housing brokers in Atlanta
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As Atlanta's spring housing market kicks into gear, home sales fell to their lowest level in years.
As Atlanta's spring housing market kicks into gear, home sales fell to their lowest level in years.
Home prices have continued their seemingly inexorable rise, despite Americaβs housing market purportedly being in the throes of a correction, a slowdownβwhatever you want to call it. Itβs defying what many experts predicted and, just maybe, conventional wisdom. Buyers canβt afford these higher prices on top of higher mortgage interest rates. Deals are falling through. Bidding wars are drying up. Six-figure offers over the asking price are going the way of the dinosaurs. So how is it poss...
Home prices have continued their seemingly inexorable rise, despite Americaβs housing market purportedly being in the throes of a correction, a slowdownβwhatever you want to call it. Itβs defying what many experts predicted and, just maybe, conventional wisdom. Buyers canβt afford these higher prices on top of higher mortgage interest rates. Deals are falling through. Bidding wars are drying up. Six-figure offers over the asking price are going the way of the dinosaurs. So how is it poss...
Analysis and Data
Housing Inventory Rises, But So Do Prices
Sarah Wolak
Jun 02, 2022
Home inventory increased for the first time in three years but the median national home price climbed to an all time high of nearly half a million dollars.
KEY TAKEAWAYS
Housing stock reached its first annualized...
Analysis and Data
Housing Inventory Rises, But So Do Prices
Sarah Wolak
Jun 02, 2022
Home inventory increased for the first time in three years but the median national home price climbed to an all time high of nearly half a million dollars.
KEY TAKEAWAYS
Housing stock reached its first annualized...
Weβve become accustomed to tales of a fiercely competitive real estate market. Although that competitiveness has eased in recent weeks as interest rates rise, properties are as expensive as ever. As a result, the competition isnβt ending with the traditional housing market.
Competitors are spilling out of the homebuying market and into rental spaces! As NPR reports, housing needs are so extreme that practices typical for buying a property are becoming more and more common for a...
Weβve become accustomed to tales of a fiercely competitive real estate market. Although that competitiveness has eased in recent weeks as interest rates rise, properties are as expensive as ever. As a result, the competition isnβt ending with the traditional housing market.
Competitors are spilling out of the homebuying market and into rental spaces! As NPR reports, housing needs are so extreme that practices typical for buying a property are becoming more and more common for a...
In recent years Single Tenant Triple Net Leased (STNL) investments have become very popular investments.Β Β This was partially due to higher yields and relatively lower risk associated with alternative investments, whether in the bond/mutual fund market, or other types of real estate.Β These types of investments are characterized by longer lease terms typically between 10-20 years, with options for the tenant to stay at the location for another 10-20 years.Β This, as well as stable positiv...
In recent years Single Tenant Triple Net Leased (STNL) investments have become very popular investments.Β Β This was partially due to higher yields and relatively lower risk associated with alternative investments, whether in the bond/mutual fund market, or other types of real estate.Β These types of investments are characterized by longer lease terms typically between 10-20 years, with options for the tenant to stay at the location for another 10-20 years.Β This, as well as stable positiv...
For many people, buying a house is the largest purchase they will ever make. It can take anywhere from a few months to several years to save up a down payment, and most mortgages are financed for 15 to 30 years. Even seasoned real estate investors have to spend time securing funding before buying a property. This begs the question: why are houses so expensive? The average price of a house has changed dramatically over the last few decades. This trend is a result of changing economic factors, ris...
For many people, buying a house is the largest purchase they will ever make. It can take anywhere from a few months to several years to save up a down payment, and most mortgages are financed for 15 to 30 years. Even seasoned real estate investors have to spend time securing funding before buying a property. This begs the question: why are houses so expensive? The average price of a house has changed dramatically over the last few decades. This trend is a result of changing economic factors, ris...
Real estate
commissionsare sometimes split among numerous persons. The
commission in a typical real estate transaction is divided into
four parts:
The listing agent is the agent who obtained the listing from
the seller.
Listing brokerβthe broker who hires the seller's listing
agent.
Buyer's agentβthe person or company who represents the
buyer.
Broker of the buyer's agentβthe broker who employs the buyer's
agent.
Real estate
commissionsare sometimes split among numerous persons. The
commission in a typical real estate transaction is divided into
four parts:
The listing agent is the agent who obtained the listing from
the seller.
Listing brokerβthe broker who hires the seller's listing
agent.
Buyer's agentβthe person or company who represents the
buyer.
Broker of the buyer's agentβthe broker who employs the buyer's
agent.
Since weβve been gone for so long, I thought Iβd start back up with somewhat of an overview post. Letβs just take a look at whatβs going on in the Seattle-area (King County) housing market recently. One of the biggest topics on everybodyβs mind lately is home prices, so letβs start there. The median price of single-family homes sold in King County in February was $857,750, up 14% from a year earlier. As you can see, prices are down slightly from the all-time high of $871,000 back in...
Since weβve been gone for so long, I thought Iβd start back up with somewhat of an overview post. Letβs just take a look at whatβs going on in the Seattle-area (King County) housing market recently. One of the biggest topics on everybodyβs mind lately is home prices, so letβs start there. The median price of single-family homes sold in King County in February was $857,750, up 14% from a year earlier. As you can see, prices are down slightly from the all-time high of $871,000 back in...
New home sales are back to 1996 levels already. So, when we have a month where demand picks up, it can move the needle in a big way.Β
The post New home sales are up 28% β but donβt believe the hype appeared first on HousingWire.
New home sales are back to 1996 levels already. So, when we have a month where demand picks up, it can move the needle in a big way.Β
The post New home sales are up 28% β but donβt believe the hype appeared first on HousingWire.