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Protecting Homeowners: Indiana Passes Legislation Against Predatory Real Estate Practices
The American Land Title Association (ALTA), in collaboration with AARP Indiana and the Indiana Land Title Association (ILTA), commends the Indiana General Assembly for the passage of House Bill (HB) 1222, aimed at safeguarding homeowners from the predatory practice of filing unfair real estate fee agreements, known as Non-Title Recorded Agreements for Personal Services (NTRAPS). […]
Insights into the Spring Housing Market Amidst Higher Mortgage Rates
Despite spring not officially commencing, early signs indicate a bustling spring housing market, despite persistent high mortgage rates. According to the Mortgage Bankers Association’s data, mortgage applications for home purchases surged by 11% last week compared to the previous week, albeit remaining 8% lower than the same period last year. The average interest rate for […]
Addressing Affordability Challenges: Seller Concessions and Buyer Struggles in Today’s Real Estate Market
In February, the Seattle-area housing market showed signs of increasing activity as it approached the traditionally busy spring season. With a limited supply of homes for sale, both pending and closed sales, along with median home prices, rose in most Seattle-area counties compared to January, according to data from the Northwest Multiple Listing Service. While […]
Seattle-Area Home Prices Show Strength in February
Market Activity Overview In February, the Seattle-area housing market continued to exhibit robust activity, driven by increasing pending and closed sales, along with rising median home prices. These trends were observed across most counties in the region, indicating a strong start to the spring season. Factors Influencing the Market The uptick in market activity can […]
Navigating the Metro Denver Housing Market This Spring
As the Metro Denver housing market transitions from winter to spring, it is displaying signs of vitality, characterized by an increase in both new listings and closings. This upturn in activity, especially in the affordable price segment ranging from $200,000 to $350,000, is seen as a positive development that may alleviate the affordability challenges faced […]
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