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Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. It also prevents sellers from accepting offers if they are informed in advance that the buyer intends to forgo an inspection. A home inspection is an important step in buying a property.

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New Florida condo laws aim to add transparency for buyers

Housing Wire

These reforms included provisions requiring “ milestone inspections ” of older buildings, which were supposed to be completed by the end of 2024, and SIRS to determine how much money should be saved for future major repairs. These inspections were for certain older buildings that are three stories or higher.

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Redfin says the LA wildfires impacted $50B worth of homes

Housing Wire

About 11,000 residential properties totaling $51.7 The report, released on Thursday, uses data from the Los Angeles City Council , which provided a list of 11,125 residential parcels inspected after the wildfires. billion in value in Los Angeles were impacted by January’s wildfires , according to a new report from Redfin.

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Home inspector sees interaction from baby boomers, aging in place and reverse mortgages

Housing Wire

home equity based on different estimates its easy to see the potential impact that such a large cohort has on a variety of different businesses, including home inspections. Cook also feels like reverse mortgage professionals are potentially great partners for home inspection businesses.

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MBA: Home equity debt rose 10% in 2024 — signaling it as a ‘product of choice’

Housing Wire

With close to $35 trillion of homeowner equity in residential real estate and many homeowners locked into low-rate first mortgages, HELOCs and home equity loans have become the product of choice for many homeowners,” said Marina Walsh , MBA’s vice president of industry analysis. The remaining 3% utilized alternative valuation methods.

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Eight startups selected for NAR’s REACH tech program

Housing Wire

The annual initiative which aims to advance innovation in the real estate sector focuses on scaling companies that provide digital solutions for the residential and commercial real estate markets.

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14 lucrative jobs in real estate with high earning potential

Housing Wire

Real estate agent License or education required: Yes Average national salary: ~$86,000 Job description: The fundamental duties of a real estate agent are to assist individuals with buying, selling and renting residential and/or commercial properties. Its essential to research the strategy you prefer to make sure it aligns with your goals.