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Listing Data Can Come Up Short

by Lew Sichelman | Jun 30, 2022 | Industry News, Opinion, Residential Real Estate

Three out of four homebuyers start their house hunt online. But if that’s the extent of your search, you could be missing out on any number of places that fit your parameters.

Signs Are Still Silent Salespeople

by Lew Sichelman | Jun 23, 2022 | Industry News, Opinion, Residential Real Estate

Some sellers have a good reason for not wanting one. But for most people, “For Sale” signs are a 24-hour marketing tool that shouldn’t be ignored, even as house hunts mostly start online.

What’s on the Other Side of the Fence?

by Lew Sichelman | Jun 16, 2022 | Industry News, Opinion, Residential Real Estate

You can’t pick your neighbors. You can pick your neighborhood, though, and it is a good idea to give that as much thought as the house itself.  

Hurricane Season Is Here Already. Are You Prepared?

by Lew Sichelman | Jun 9, 2022 | Industry News, Opinion, Residential Real Estate

The Atlantic hurricane season is upon us – it runs from June 1 to Nov. 30 – and it could be a big one. One agency is predicting almost two dozen named storms and six to 10 hurricanes.

Signs Point to Housing Slowdown

by Lew Sichelman | Jun 2, 2022 | Industry News, Opinion, Residential Real Estate

Owners who are just now putting their homes on the market appear to be an optimistic bunch. Whether they are too hopeful remains to be seen, but the signs are pointing to a slowdown that could stop the march of ever-higher prices.

Buyers Have Alternatives as Mortgage Rates Rise

by Lew Sichelman | May 26, 2022 | Banking & Lending, Industry News, Opinion, Residential Real Estate

Rising mortgage rates are sidelining many would-be homebuyers. But there are two ways to meet the challenge.

Mortgage Market Opens for Gig Workers

by Lew Sichelman | May 19, 2022 | Banking & Lending, Industry News, Opinion, Residential Real Estate

Fannie Mae and Freddie Mac shut many self-employed buyers out during the pandemic. But now, those rules are gone and some lenders, perhaps sensing a grand opportunity to boost market share, are targeting gig workers directly.

Agent Fees Are Negotiable? Yeah, Right

by Lew Sichelman | May 12, 2022 | Industry News, Opinion, Residential Real Estate

As far as the listing agent goes, commissions are negotiable – at least in theory. In practice, though, they hardly ever are, according to a hard-hitting report from the Consumer Federation of America.

Stopping ‘Legal’ Tax Lien Thievery

by Lew Sichelman | May 5, 2022 | Industry News, Opinion, Residential Real Estate

Deborah Foss is a 67-year-old grandmother who survives on a small fixed income from Social Security. She has several medical conditions, including chronic lymphocytic leukemia, COPD and neuropathy. Why did state officials take her house away?

Homebuilder Incentives on the Horizon

by Lew Sichelman | Apr 28, 2022 | Industry News, Opinion, Residential Real Estate

Short-term interest rate buy-downs and free or discounted upgrades may soon be coming to a housing market near you.

Homebuying Frenzy Continues Despite Obstacles

by Lew Sichelman | Apr 14, 2022 | Industry News, Opinion, Residential Real Estate

Wits’ End would make an appropriate name for a new subdivision in today’s wild housing market. While there’s not yet such a place on the map, many would-be buyers are quickly running out of patience.

The Quest for More Square Footage Continues

by Lew Sichelman | Mar 31, 2022 | Industry News, Opinion, Residential Real Estate

In the hunt for more space, houses are being built larger, with more amenities packed both inside and outside their walls. Last year, the average new house was 2,561 square feet.

Post-Surfside Rules Create Condo Financing Problems

by Lew Sichelman | Mar 24, 2022 | Industry News, Opinion, Residential Real Estate

Buyers in some buildings may soon be finding it difficult to secure financing because of new rules regarding deferred maintenance, structural issues and underfunded reserve accounts.

New Ways to Build Take Center Stage

by Lew Sichelman | Mar 17, 2022 | Industry News, Opinion, Residential Real Estate

Houses made out of Lego blocks? How about affordable homes built from 3D printers? All of these ideas and more have moved off the drawing board and into the marketplace.

These Days, Buyers Must Be Careful

by Lew Sichelman | Mar 10, 2022 | Industry News, Opinion, Residential Real Estate

Amid a white-hot housing market, over 100,000 rookies have joined the real estate industry to cash in on what they think is an “easy money” market.

These Days, Buyers Must Be Careful

by Lew Sichelman | Mar 3, 2022 | Industry News, Opinion, Residential Real Estate

Amid a white-hot housing market, over 100,000 rookies have joined the real estate industry to cash in on what they think is an “easy money” market.

Take Equity Without Refinancing

by Lew Sichelman | Feb 17, 2022 | Banking & Lending, Industry News, Opinion, Residential Real Estate

With loan costs rising to their highest levels in more than two years, time may have run out on many homeowners thinking about refinancing. But could they turn to HELOCs to pay for things like renovations, instead?

Sell Now, Buy Later One Option for Homeowners

by Lew Sichelman | Feb 10, 2022 | Industry News, Opinion, Residential Real Estate, This Month's Issue

For homeowners thinking about cashing in on today’s blistering housing market, the situation has become something like a cat chasing its tail. 

Green Sometimes Raises Red Flags When It’s Cash

by Lew Sichelman | Feb 3, 2022 | Industry News, Opinion, Residential Real Estate

Roughly 1.21 million residential real estate sales were likely processed without any money laundering reporting. FinCEN wants to put a dent in that figure, and has named Boston as a region of concern.

Triple Whammy Slows Homebuilders

by Lew Sichelman | Jan 20, 2022 | Industry News, Opinion, Residential Real Estate

Homebuilders are an optimistic bunch. That’s not the case now, though, and hasn’t been for months.

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