How Big Is an Acre? A Guide for Homebuyers

You’ve been searching online and found a few homes that meet your criteria of three bedrooms and two bathrooms. But as you read the listing descriptions that indicate one house is on 0.23 acres and another has a lot size of 8,730 square feet, you’re baffled by what these numbers actually represent. Your digital assistant…

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How to Sell a House By Owner in North Carolina

When the time comes to move, some tenacious homeowners in North Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 —…

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What’s the Average New York Real Estate Commission Rate?

Most real estate agents in New York get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home…

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Q1 2023 – State of the Market Mega-Thread – Revenge of the Doomers!

Observations, rants, theories, speculation on future market movement, experiences, offer heartbreak, buyer fatigue, seller drama, mortgage drama, appraisal drama, anecdotes, new construction builder shenanigans, rate predictions, frustration with seller listing price strategy, crystal balls, and so on, that you may not feel warrant their own threads, but you want to get it off your chest.…

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Selling my house where my neighbor wants “dibs”

I have a small house (around ~$100k value) that I’ll be selling shortly. My neighbor has asked me on numerous occasions to let him know if I will be selling because he wants to buy it for his daughter, etc. (Unrelated, but said neighbor has also helped out a lot by doing things like mowing…

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Despite U.S. Economic Slowdown, Industrial Sector Remains Strong

Port Markets Command Highest Lease Rental Premiums According to the CommercialEdge latest U.S. industrial market report, despite elevated levels of new supply coming online over the past few years, the continued demand for industrial space is keeping market fundamentals healthy across the U.S. The national average rent for in-place leases stood at $7.12 per square…

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