Scarcity buoyed March new home sales; builder pressures mount

New home sales at the onset of the spring selling season were higher than a year ago, but homebuilders continued to ramp up incentives and price discounts to maintain sales activity. As a result, new home prices fell to their lowest point in nearly five years during March.  There were countless head

New Jersey real estate teams merge and join eXp Realty

Sharif Hatab moved his Team Sharif Sells operation to eXp Realty from Berkshire Hathaway HomeServices FOX & ROACH, Realtors and merged with Peter Boutros’ Stunning NJ Homes to launch the Unify Real Estate Team in New Jersey, the company announced on Tuesday. eXp Realty, the cloud-based brokerage sub

How Mortgage Rate Buydowns and Builder Incentives Can Make New Construction More Affordable

One of the first things home shoppers learn is that the price they see on real estate listings is nearly always negotiable. And that same flexibility exists when buying a newly built home, too, in the form of builder incentives. Builder incentives are promotions offered by developers that, much like

Zillow, Realtor.com team up to broaden pre-market home access

Zillow and Realtor.com are joining forces to display Zillow’s pre-market Preview listings on both portals, extending early access to for-sale homes to buyers across the two largest U.S. real estate search sites, according to an announcement on Tuesday. Beginning this summer, homes entered as Zillow