More Homes to Hit the Market Soon? Owners Say They Are Eager to List
Forty-six percent of would-be sellers plan to list in the next three months, especially Generation Z (31%) and millennials (38%).
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NAR Adopts Changes to MLS Policy
The changes ensure disclosure of compensation offered to buyer agents, ensure listings are not excluded from search results based on the amount of compensation offered to buyer agents and reinforce that buyer brokers do not represent their services as free. The changes take effect Jan. 1, 2022.
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Number of Equity-Rich Homes Increases
Thanks to continuing rising home prices, more mortgaged homes are considered equity-rich, while the percentage of homes considered seriously underwater has fallen.
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Where is the Office?
A proper real estate office is one devoted to conducting real estate transactions, where transactions can be conducted in privacy and the name on the brokerage license is displayed prominently in a permanent fashion outside of the office. It is important to remember that only a broker can establish a real estate office, including branch offices.
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Earn Fair Housing CE at Triple Play
The Triple Play Realtor® Convention and Trade Expo will offer several three-hour fair housing courses, which are approved for required Pennsylvania CE, in addition to other Pennsylvania-approved CE.
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Home Sales Remain Steady in Pennsylvania, Median Price Dips from Summer High
We’re seeing home prices remain strong despite a small dip the last two months. The median price hit the highest in June at just over $203,000 this year and has leveled off since then.
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What to Expect in Design Trends in 2022
“There are many ways to add the newest trends to your home without a complete renovation,” said Laurel Vernazza, home design expert at The Plan Collection. The Plan Collection predicts that curves, not-so-white kitchens, maximalism, biophilic design, the color black and nature are going to be popular in 2022.
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Realtors® Volunteer to Assist Charitable Organizations
“Realtors® are always looking for ways to help their communities and those in need. These activities are indicative of the important role Realtors® play in communities,” said PAR President Christopher Raad.
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Sellers See Profit Margin Spike as 2021 Nears End
With a nearly 48% profit margin, sellers are reaping the benefits of the market.
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What Gives Homebuyers Anxiety About the Process
Nearly half of adults said they are not confident in their knowledge of the homebuying process.
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