In real estate, a concession is anything that makes a property or deal more attractive to buyers. Things like offering to help with closing costs, or repairs are considered concessions.
Maybe a few backyard renovations are in store, and in the process, you’ve noticed your neighbors’ hedges have grown onto your property. This may be considered an encroachment. Let’s look at what exactly this means for you as a homeowner and what it means when it comes to real estate...
So, instead of changing the status to conditional, they will mark it as pending in the multiple listing service (MLS). In some real estate markets, a contingent home might have its days on the market continue to increase as if it were still active for sale. Instead of the market time c...
Thomas Shuler share their views on the possible impact of the results of the 1996 Presidential and congressional elections on the real estate industry. Wilkins claims that the re-election of Pres. Clinton is probably good for housing because his opponent Bob Dole had intended to scrap the Dept....
What does "climate" mean in this context?The real estate climate is always a seller's market. 查看翻译 S_u_N_s_H_i_N_e 2024年8月29日 英语(美国) in this context, "climate" means the current situation or condition. So, "the real estate climate" refers to the current state of th...
What Fewer People Will Mean for Real Estate 来自 EBSCO 喜欢 0 阅读量: 16 作者: Plattner, Robert H 摘要: Discusses the implication of the declining population growth on real estate business in the United States. Factors that contributed to the decline in the country's reproduction rate; ...
What Does "Status Active" Mean in Real Estate? Tips A property that's listed with an "Active" status is available for sale, without any pending contracts or contingencies. Status Active Subcategories "Active" status may be further broken down into subcategories. "Active Contingent" means the ...
Danielle Hale, chief economist for real estate information company realtor.com, explains that market value is based on the expectation that the property would sell during the period the value is calculated. “When people think about home values, they often mean, ‘This is the...
Below grade in real estate is a term that describes a space that is below ground level. Learn about why this term matters when in the real estate market.
“Plus, you can move in much faster and start building equity right away.” While some builders have recognized the demand for starter homes and are trying to meet it, Jordan says it’s not happening quickly enough. “Even if the supply is increased, it doesn’t necessarily mean those ...