WEATHER ALERT
New real estate agent commission rules in effect.
Read full article: New real estate agent commission rules in effect.A major antitrust settlement involving the National Association of Realtors went into effect over the weekend. And if you’re in the market to buy and sell a home, the changes could have an impact on the transactions.
Local real estate company transforms Roanoke through community engagement
Read full article: Local real estate company transforms Roanoke through community engagementWhen we think about the community we live in, many of us envision similar things, but most can agree: At the heart of a community is the people who live and work there.
‘Home Alone’ house on sale for 2nd time since iconic movie was filmed
Read full article: ‘Home Alone’ house on sale for 2nd time since iconic movie was filmedLocated on 671 Lincoln Avenue in Winnetka, Illinois, the house hit the market over the weekend for the second time since the 1990 film was released.
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits
Read full article: Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuitsA real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide.
Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuits
Read full article: Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuitsReal estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions.
Metros where homes are selling for the most under asking price
Read full article: Metros where homes are selling for the most under asking priceThere are still metro areas where homebuyers find homes selling below the asking price, especially in markets that recorded large price growth over the last few years.
An old high school gym turned into a home? You’ll have to see listing to believe it
Read full article: An old high school gym turned into a home? You’ll have to see listing to believe itOne portion of the house has the original basketball court and bleachers, while another portion was renovated into elements of what typical homes have, such as a kitchen, bathroom and bedrooms.
Southwest Virginia husband and wife realtor team sentenced for fraud
Read full article: Southwest Virginia husband and wife realtor team sentenced for fraudThe couple, Jessee DeLoach and Natasha DeLoach, both pleaded guilty to wire fraud in February 2022, and on Friday, the DOJ said they were both sentenced to 15 months in federal prison.
25 best places to live in Virginia rankings for 2022 has no love for Southwest Virginia
Read full article: 25 best places to live in Virginia rankings for 2022 has no love for Southwest VirginiaDo you live in one of Virginia’s best places? If you’re don’t live in Northern Virginia or near Richmond, the answer is no according to one company.
How the government is addressing housing issues
Read full article: How the government is addressing housing issuesAs part of an initiative to create more affordable housing and an increased inventory of homes, President Joe Biden recently announced his administration wants to make single-family homes less available to investors.
How did the housing market get so crazy? These 4 reasons help break it down
Read full article: How did the housing market get so crazy? These 4 reasons help break it downIt’s been a strange time, living through a global pandemic. What first might have come as a surprise, is the housing boom that followed -- and the fact that things have stayed red hot.
Report: Inventory, sales of new homes show slight increase in July
Read full article: Report: Inventory, sales of new homes show slight increase in JulyThere are understandable concerns from homebuyers about inventory and sky-high prices, but there might have been recent some encouraging news to help alleviate those worries.
Your wild home-buying, selling stories: These 17 help paint the picture
Read full article: Your wild home-buying, selling stories: These 17 help paint the pictureWe’ve all heard about it by now: Houses are selling like crazy (and they have been for quite some time now), interest rates have been at all-time lows, and it seems like everywhere you turn, you learn of another wild real estate story.
You paid HOW much over asking? Tell us your wild housing market stories here
Read full article: You paid HOW much over asking? Tell us your wild housing market stories hereWe’ve all heard about it by now: Houses are selling like crazy (and they have been for quite some time), interest rates have been at all-time lows, and it seems like everywhere you turn, you learn of another wild real estate story.
5 ways to make your home more environmentally efficient, sustainable
Read full article: 5 ways to make your home more environmentally efficient, sustainableThere’s often no place like home, although that sentiment can sometimes fade when a house starts to rack up energy bills and breaks down in places over the course of time.
Roanoke home sales increase amid pandemic
Read full article: Roanoke home sales increase amid pandemicROANOKE, Va Despite the pandemic, home sales across the Roanoke Valley have been increasing by the day. The real estate industry has a major across the economic footprint across the Roanoke Valley as well as the United States, Roanoke Valley Association of Realtors President Walter Grewe said. Grewe says because historically low interest rates are causing an increase in demand, the average price of homes in Roanoke is rising by the day. In July we saw an 18% increase in average sale price, our average sale price was somewhere in the 270s so that equates to roughly $40,000 Grewe said. Other factors contributing to the increase include the recent need for accommodations to work and learn from home during the pandemic.
Hard times hitting home? Here are ways to avoid foreclosure amid pandemic
Read full article: Hard times hitting home? Here are ways to avoid foreclosure amid pandemicDuring a time in which some people are being furloughed or have lost their jobs altogether, the reality of foreclosure can become a scary thing.
Ready to tackle home improvement projects now that you finally have some time? 5 tips
Read full article: Ready to tackle home improvement projects now that you finally have some time? 5 tipsMore time at home has turned into more of an opportunity to do various home improvement projects, although that sometimes can be dangerous. Scott Frankel, co-president of Frankel Building Group in Texas, offered five tips for those who are currently attempting or about to start home renovation projects while quarantined. They aren’t things that are going to necessarily wow your neighbor, but they need to be done.”Don’t bring in outside workers. It’s a real easy way to throw your back out or slip off of a ladder.”Clean out items you don’t need anymore. “When you go to a professional and you say that this is what you want to do, your ideas are organized,” Frankel said.