Posts Tagged home selling

Seller’s Regret – The Cost of Selling a Home Without a Real Estate Agent

House with for sale sign out front

It’s not a requirement for homeowners to use a real estate agent when buying or selling a home. However, the industry expertise and personalized assistance can be well worth the commission and fees associated with hiring these valued professionals. Still, many homeowners and home buyers choose to go it alone. Homeowners who choose to sell their property without the assistance of a licensed, knowledgable real estate agent may experience “seller’s regret” once they realize how much less they get for their property, according to a report from REALTOR® Magazine, the official publication of the National Association of REALTORS® (NAR).

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New Home Sales Pace Hits 10 Year High

newly built modern home

The pace of newly built, single family home sales hit a record high for September, rising 18.9 percent to a seasonally adjusted annual rate of 667,000 units from an upwardly revised August reading, according to data from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This significant gain in new home sales helped push new home sales to its highest pace in a decade. 

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More Homeowners Are Saying Now is a Good Time to Sell

Nice new green home.

As home prices continue to climb, consumer sentiment appears to shift further in favor of selling. According to Fannie Mae’s August National Housing Survey (NHS), net positive responses to whether it’s a good time to sell rose 8 points while the good time to buy sentiment fell 5 points. The month prior, that sentiment fell 7 points. Mortgage News Daily reported on the latest NHS results, noting that, at 18 percent, the good time to buy sentiment set its second new low record in as many months and is down 16 percentage points from August 2016.

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