A lot of consumers have a very gloomy outlook about the market due to news of mass layoffs, high inflation, and rising credit card debt, according to a new survey that shows 41 percent of Americans believe the housing market will crash next year. The survey was conducted on more than 2,000 American consumers by…
More Than 40 Percent of Americans Expect the Housing Market to Crash Next Year: Survey
False Advertising In The MLS, Or Anywhere, Is Illegal
Dear Monty: I told the selling agent that the home on the MLS (multiple listing service) is falsely listing the square footage. They are advertising 1,650 square feet of livable space, but I checked with the township, and they state the house is 1,446 square feet. I put in an offer based on the actual…
Home Listings Rise in June While Prices Begin to Drop, Demand Reaching ‘Breaking Point’
The U.S. housing market seems to be cooling off as the tight inventory situation shows signs of reversal, according to data from real estate listings website Realtor. In June, the number of real estate listings increased by 18.7 percent compared to the same time in 2021, according to a June 30 news release by the…
Five Options to Sidestep Dealing With a Relative
Dear Monty: We are planning on selling our home soon. My wife’s sister has a son that is a real estate agent. We do not want to use him, but we know that it may sour our relationship with her sister if we do not. We are wondering if you may have some suggestions. Monty’s…
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