Real Estate

Economists Weigh in on the Future of First-Time Buyers

RisMedia Consumer News - February 15, 2024 - 12:48pm

Although we’re in the midst of a market correction, the future of the housing market is still up in the air—with many questions centering around first-time homebuyers.  While there are still individuals embarking on the journey of first-time homeownership, it’s less than what we’ve seen in the past. Recent data from the National Association of…

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Categories: Real Estate

Questions to Ask a REALTOR® When Getting Divorced

RisMedia Consumer News - February 12, 2024 - 4:29pm

Divorce can be challenging and emotional, and one of the significant decisions couples often face is selling their house. Selling a house during divorce can complicate an already difficult situation. That’s where hiring a REALTOR® with divorce experience comes in. Divorcing couples can navigate the home-selling process far more efficiently with a pro in their…

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Categories: Real Estate

When and Why Prospective Buyers Should Get a Property Survey

RisMedia Consumer News - February 8, 2024 - 4:17pm

Purchasing a home is a significant investment. It’s crucial to ensure that you clearly understand the property boundaries and potential issues that may affect your ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one and what it entails.…

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Categories: Real Estate

Questions to Ask a Real Estate Agent When Buying a House: A Comprehensive Guide

RisMedia Consumer News - February 5, 2024 - 4:36pm

Buying a house is one of the most significant financial decisions ever. Finding the right real estate agent to guide you through the process is crucial. There are many excellent reasons to have a buyer’s agent. Whether you’re a first-time homebuyer or a seasoned investor, interviewing a REALTOR® effectively can make all the difference in…

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Categories: Real Estate

New Data Offers Cautious Optimism for Spring Home-Buying Season, Mortgage Market

RisMedia Consumer News - February 5, 2024 - 3:10pm

As the sluggish 2023 housing market retreats farther from view, new industry data points to reasons to be cautiously optimistic about the upcoming spring home-buying season. Thanks to lower mortgage rates as of late, affordability pressures have eased. The share of income needed to buy a median home in the U.S. decreased by nearly 5…

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Categories: Real Estate

Consumer Sentiment Continues to Gain Momentum

RisMedia Consumer News - February 2, 2024 - 1:06pm

The latest Survey of Consumers from the University of Michigan finds that consumer sentiment in January remains relatively rosy, suggesting optimism about the economy as the new year gets underway. The Index of Consumer Sentiment, calculated by surveying consumers, currently sits at 79, a substantial increase both month-over-month (69.7 in December 2023) and year-over-year (64.9…

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Categories: Real Estate

5 Expert Tips for a Faster Home Sale

RisMedia Consumer News - February 1, 2024 - 1:34pm

Selling a house can be a significant undertaking. For many homeowners, the desire to sell a house fast is a top priority. When relocating, downsizing, or having other reasons for a speedy sale, implementing effective strategies can make a substantial difference. Whether selling a stigmatized property or a glamorous mansion, the home sale process can…

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Categories: Real Estate

Consumer Confidence Hits Two-Year High

RisMedia Consumer News - January 30, 2024 - 12:43pm

Consumer confidence increased 6.8 points to 114.8 in January, the third consecutive month of increases and the highest reading seen since December 2021, according to the latest data from The Conference Board.  “January’s increase in consumer confidence likely reflected slower inflation, anticipation of lower interest rates ahead and generally favorable employment conditions as companies continue…

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Categories: Real Estate

How to Find The Best Listing Agent When Selling a House

RisMedia Consumer News - January 29, 2024 - 4:46pm

Selling a home is a significant undertaking. Choosing the right listing agent can make a world of difference in the success of your real estate venture. It becomes exceptionally crucial for a first-time seller to know the importance. Finding the best listing agent involves careful consideration, research, and a thoughtful interview. You will learn strategies…

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Categories: Real Estate

Milestones Homeowner Platform Sees Sign-Up Surge

RisMedia Consumer News - January 23, 2024 - 4:41pm

Milestones, a portal for homeowners to manage their experience (from buying to selling), has seen a 513% increase in sign-ups. Milestones’ centralized hubs offer access to essential documents, home service providers, home improvement suggestions, timely and seasonal home maintenance tasks and reminders, wealth-building insights, and more. With a white-label approach, Milestones assists real estate brokerages,…

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Categories: Real Estate

Blooming Success: Essential Tips for Selling a Home in the Spring

RisMedia Consumer News - January 22, 2024 - 4:11pm

Spring is a season of renewal and blossoming flowers and a prime time for the real estate market. As nature awakens, so does the housing market. It presents the best opportunities for those looking to sell their homes. We will explore expert spring home selling tips, taking advantage of the season’s vibrant energy and heightened…

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Categories: Real Estate

Consumer Sentiment Soars in January

RisMedia Consumer News - January 19, 2024 - 12:43pm

Consumer sentiment grew an astounding 13.1% in January, following a sharp increase in December, according to data from the University of Michigan. “Consumer sentiment soared 13% in January to reach its highest level since July 2021, showing that the sharp increase in December was no fluke. Consumer views were supported by confidence that inflation has…

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Categories: Real Estate

Comprehensive Tips For First-Time Sellers

RisMedia Consumer News - January 18, 2024 - 4:00pm

Selling a home for the first time can be daunting, filled with uncertainties and questions. However, the process can be smooth and thriving with the proper knowledge and strategic planning. We will showcase valuable tips and advice for first-time homesellers. The information will cover essential aspects to ensure a profitable and stress-free home sale. Accurate…

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Categories: Real Estate

Top Home Selling Mistakes to Avoid

RisMedia Consumer News - January 15, 2024 - 4:24pm

Selling a home can be complex and challenging. Avoiding the common pitfalls is essential for successful sales. There are many things prospective sellers should know before listing their homes. Maximum Real Estate Exposure provides numerous insights based on years of experience. We will cover the top home-selling mistakes that sellers often make and provide valuable…

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Categories: Real Estate

The Best Methods for People to Choose a REALTOR®

RisMedia Consumer News - January 11, 2024 - 3:35pm

Buying or selling a home is a significant financial and emotional undertaking. Choosing the right real estate agent can significantly impact the outcome. A systematic approach is essential when choosing a REALTOR® with numerous agents available. We will examine the best methods for picking a real estate agent, drawing insights from expert advice and exploring…

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Categories: Real Estate

Consumer Price Index Continues Slow Rise in December

RisMedia Consumer News - January 11, 2024 - 12:49pm

Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses in rate hikes from the Fed, economists feel that this reading reflects the Fed’s sentiments that interest rates will not see any decreases soon. The Consumer Price Index saw a 0.3% increase in its December…

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Categories: Real Estate

Frequently Asked Questions About Home Appraisals

RisMedia Consumer News - January 8, 2024 - 3:54pm

One of the most essential steps when buying a house or refinancing your existing home is the appraisal. Appraisals can make or break a real estate transaction. Appraisers have significant power in the role they perform for a mortgage lender. After all, their word is gospel. Given their importance, they must be accurate with their…

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Categories: Real Estate

Can You Break Up With Your Buyer’s Agent?

RisMedia Consumer News - January 8, 2024 - 10:26am

Buying a home is a significant life decision, and choosing the right buyer’s agent is crucial to ensuring a smooth and successful transaction. However, there are instances where the relationship with your buyer’s agent may not work out as expected. You may find yourself contemplating the need to break up with them. We will explore…

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Categories: Real Estate

What Are Seller Concessions in Real Estate?

RisMedia Consumer News - January 4, 2024 - 3:47pm

When buying or selling a home, you must remember various financial considerations. One such aspect is seller credits, which can play a significant role in real estate transactions. Seller credits, or concessions, are essential for buyers and sellers to understand. They are financial incentives homesellers offer buyers as part of the closing process. We will…

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Categories: Real Estate

What to Do With Your Home If You Buy a Second Property

RisMedia Consumer News - December 28, 2023 - 4:02pm

The decision to buy a second property brings a host of considerations, and one of the most crucial among them is whether to sell or rent your existing home. This dilemma requires careful evaluation of financial, emotional and strategic factors to ensure that the choice aligns with your goals and circumstances. We will explore renting…

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Categories: Real Estate
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