New rules from National Association of Realtors settlement set to take effect
The landmark settlement could change the way homes are bought and sold through the real estate industry.
homebuyers
If you recently sold your home, you might get part of your realtor fee back
A settlement by the National Realtors Association promises to change the way real estate agents are compensated. It could spell an end to 6% commissions, which are higher than people pay elsewhere.
DOJ says First National Bank discriminated against Black, Latino borrowers in North Carolina
First National Bank of Pennsylvania discriminated against Black and Latino homebuyers in North Carolina for a period of at least four years, the Justice Department said Monday, the latest in a long list of banks who have been caught redlining.
Triad housing market: How we got here and where we're headed
New data shows the super-charged COVID-era housing market beginning to cool off in many regions across the country, including the Carolinas.
Adjustable rate mortgages can be cheaper but risky. Here's what you need to know
With mortgage rates up sharply, many more homebuyers are turning to adjustable rate loans. These can be more affordable, at least at first. But they come with a big risk. Is it worth it?
Zillow will stop buying and renovating homes and cut 25% of its workforce
The company disclosed Tuesday that it lost about $304 million in the third quarter after purchasing homes at higher prices than it now expects to sell them.
Out Of Whack: Lack of Homes For Sale Sends Prices Surging, Frustrates Buyers
Sales of existing homes fell 6.6% in February from the month before. Meanwhile, prices are up 16% over the past year, giving homeowners about $2 trillion more in equity and widening the wealth gap.
1st-Time Homebuyers Are Getting Squeezed Out By Investors
The pool of smaller, affordable starter houses is low. And the market for these first-time home purchases is increasingly being driven by investors who help push prices out of reach.
Some Mortgage Deals Are In Limbo As Government Shutdown Drags On
Furloughed workers can't refinance or buy homes without the ability to verify their income. For a recently divorced couple, it means continuing to live together until financial issues are resolved.
As Millennials Get Older, Many Are Buying SUVs To Drive To Their Suburban Homes
Having put off buying cars and becoming homeowners, America's largest demographic is starting to make big-ticket purchases.