In the high-stakes world of real estate, the ability to spot a fake seller can mean the difference between a lucrative transaction and a costly mistake. There’s a rising occurrence of scammers impersonating property owners to profit from selling real estate they do not own. Below are some warning signs that should serve as a…
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The number of U.S. households will grow over the next 10 years, but at a much slower pace than over the last 30 years. According to a new report from the Joint Center for Housing Studies (JCHS) of Harvard University, household growth is projected to increase by 8.6 million (or about 860,000 annually) between 2025…
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As the new year gets underway, average 30-year mortgage rates continue to trend up, moving upwards from their average last week of 6.91% to 6.93% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “In the first full week of the new year, the 30-year fixed-rate mortgage remained…
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The Federal Reserve (Fed) has predicted that inflation will continue to slow in 2025, albeit at a slower pace than originally anticipated, with new concerns over policies proposed by the incoming Trump administration, as expressed in the latest Federal Open Market Committee (FOMC) minutes for its meeting on December 17 – 18. In the discussion…
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“Trust is not a transaction.” As the industry waves goodbye to a year of historic changes (and turmoil), no one is more eager to turn the page than the National Association of REALTORS® (NAR). Facing what seemed like a neverending cascade of challenges—from the earth-shaking consequences of the commission lawsuit saga to deeper questioning of…
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