Rising home prices and lender costs helped drive up homebuyers’ closing costs by 13.4 percent in 2021, to an average of $6,905, according to an analysis released Thursday by CoreLogic’s ClosingCorp. That figure includes transfer tax fees, which are often the biggest single component of closing costs and are based on a home’s sales price. […]
It’s not just record-high home prices and fast-rising mortgage rates that homebuyers have to worry about. They can’t seem to catch a break as the closing costs they pay to complete the purchase of their homes have also been increasing. Average closing costs shot up 13.4% in 2021, according to a recent report from CoreLogic’s […]
One month after the Biden administration announced its $86 million five-point plan to combat racial discrimination in the lending and appraisal industries, the Department of Housing and Urban Development has released its own equity action plan that outlines how the department will enforce Biden’s agenda. One month after the Biden administration announced its $86 million […]
Technology is key to smoothing out all of the friction points of the real estate transaction, according to two company executives at Inman Connect New York. Inman events are the best way to connect, learn and grow. Don’t miss the next one, August 3-5 at Inman Connect Las Vegas! Get your ticket now for the […]
Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? As the Federal Reserve has continued to increase mortgage rates over the last few months, online real estate portal and research firm Zillow on Wednesday issued a downward revision of anticipated […]
From slow appraisals to MLS interfaces falling behind agents’ needs, a few tech companies are eyeing solutions for brokerages, according to panelists at Inman Connect New York. Inman events are the best way to connect, learn and grow. Don’t miss the next one, August 3-5 at Inman Connect Las Vegas! Get your ticket now for […]
A 109-acre property highlighted by a jaw-dropping glass, concrete, and wood dwelling in Big Sur, CA, has come on the market for $35 million. This grand getaway overlooking the Pacific Ocean has surfaced as the coastal town’s most expensive listing. It is one of the last creations by architect Mickey Muennig, whose organic designs dot […]
Inman events are the best way to connect, learn and grow. Don’t miss the next one, August 3-5 at Inman Connect Las Vegas! Get your ticket now for the best price. In 2013, Inman News publisher Brad Inman laid out a vision for an easier and faster real estate transaction that would be just as easy and […]
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers. Anatoli Styf / Shutterstock.com As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy […]
Are You Interested in West Eleventh Residences Miami?Talk to our luxury condo experts so we can help you reserve your West Eleventh Residences Miami home.
Are You Interested in ONE Park Tower by Turnberry?Talk to our luxury condo experts so we can help you reserve your ONE Park Tower by Turnberry home.
Are You Interested in Diesel Wynwood Condominium?Talk to our luxury condo experts so we can help you reserve your Diesel Wynwood Condominium home.
Are You Interested in Five Park Miami Beach?Talk to our luxury condo experts so we can help you reserve your Five Park Miami Beach home.
Are You Interested in Cipriani Residences Miami?Talk to our luxury condo experts so we can help you reserve your Cipriani Residences Miami home.
Are You Interested in Bentley Residences Miami?Talk to our luxury condo experts so we can help you reserve your Bentley Residences Miami home.
Are You Interested in Baccarat Residences Brickell?Talk to our luxury condo experts so we can help you reserve your Baccarat Residences Brickell home.
Are You Interested in Aria Reserve Miami?Talk to our luxury condo experts so we can help you reserve your Aria Reserve Miami home.
Are You Interested in 888 Brickell Dolce & Gabbana | Miami?Talk to our luxury condo experts so we can help you reserve your 888 Brickell Dolce & Gabbana | Miami home.
Are You Interested in 600 Miami WorldCenter?Talk to our luxury condo experts so we can help you reserve your 600 Miami WorldCenter home.
Are You Interested in HUB MIAMI RESIDENCES?Talk to our luxury condo experts so we can help you reserve your HUB Miami Residences home.
Are You Interested in WALDORF ASTORIA RESIDENCES?Talk to our luxury condo experts so we can help you reserve your Waldorf Astoria Residences home.