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A generation ago, real estate commission rates were typically around 6 percent of a home’s sale price. But the average real estate commission rate has gone down in recent years to just under 5 ...
From record-high mortgage rates to limited supply, the housing market has changed significantly over the past few years. If you are hoping to buy or sell your home this year, it is important to...
The fire-sale, which lured international buyers as far as the Middle East, has helped to revamp the local economy with an influx of 20 million euros (around $21.8 million,) says Cacioppo.
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
Luxury Real Estate [ edit ] The word itself luxury derived from the Latin luxus , and associated with real estate, indicates today in Italy, a category of properties of particular value and of high historical and artistic value.
Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...
Mortgage Points "Mortgage points can also be negotiated and be a big cost savings for the buyer," Herman said. "If the seller pays part of the mortgage and if the property is worth over a million ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g. in the case of conveyance one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...