16 Key Questions to Ask a Buyer’s Agent



With recent changes in the NAR settlement now requiring buyer agreements before viewing homes, selecting the right buyer's agent has become more crucial than ever. Choosing an experienced agent can significantly impact your home-buying experience and financial outcome. To help you make an informed decision, we’ve outlined 16 important questions to ask when hiring a buyer’s agent. These questions are designed to ensure you choose an agent with the right expertise, availability, and local knowledge. Whether you’re researching potential agents or preparing for interviews, these insights will guide you in finding a professional who can effectively support your home-buying goals and secure your investment.

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How Policy Changes Are Influencing Housing Prices and Affordability

Understanding the current real estate landscape requires a look at how government policies are impacting housing affordability, grocery pricing, and rent control. Each of these factors significantly influences the market and affects both buyers and sellers. This discussion examines why a proposed $25,000 tax credit may not address the housing crisis, how price controls on groceries could lead to shortages, and the potential issues with rent control policies. Additionally, it explores the effects of recent government intervention in real estate, particularly how these changes might affect first-time homebuyers and who stands to benefit the most.

Why a $25,000 Tax Credit Won’t…

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Q2 Huntsville Housing Market Report

 

The Huntsville housing market's Q2 data reveals several key trends that indicate shifts in both sales activity and pricing dynamics. While overall sales remain relatively flat, there are notable fluctuations within specific price points, suggesting varying levels of demand across the market. New construction continues to play a crucial role, with a significant portion of sales attributed to these properties, reflecting builders' efforts to address ongoing supply challenges. Additionally, the increase in inventory and days on market hints at a more balanced market approaching, even as interest rates and inflation influence buyer behavior. As Huntsville's population grows, these factors collectively shape the…

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Is The American Dream Still Possible?


CNBC recently ran an article stating that 41% of Americans believe the American Dream is impossible to achieve now. I'm very saddened by this, but unfortunately, I'm not surprised. Housing costs due to inflation in large cities have significantly impacted affordability.

However, with a housing affordability score close to 100, I think Huntsville is different. I don't believe it will stay this way for long, but I do think there’s a window of opportunity for Millennials and first-time homebuyers to realize the American Dream in the Rocket City. I want to know your opinion for an upcoming YouTube video. We’ll be giving away a $50 Amazon gift card to a lucky winner for completing this quick survey!

Take the…

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Effects of Rent Control Policies on Housing Supply and Quality



As the affordability crisis in the US deepens, discussions around rent control are gaining traction. President Biden's proposed rent control agenda seeks to address rising rents by capping increases at 5% annually. While this may appear to be a solution for tenants facing steep rent hikes, many economists argue that such measures could lead to unintended consequences, including a decline in housing quality and a reduced supply of rental units. This article examines the potential impact of rent control on both tenants and landlords, as well as the broader implications for the housing market. It also explores the underlying causes of the affordability crisis and the role that deficit…

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Sneak Peek Listings for August 2nd




117 Morland - $380,000

117 Morland, Huntsville, Alabama 35824

3 Bed | 2 Bath | 2,117 sqft

Talk to an MC Agent today for more info or call 256-270-9393

175 Hollington - $230,000

175 Hollington Drive, Huntsville, Alabama 35811

3 Bed | 2 Bath | 1,179 sqft

Talk to an MC Agent today for more info or call 256-270-9393

 

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NAR Settlement Changes: What’s Different for Buyers and Sellers



The recent changes resulting from the NAR Settlement are set to reshape various aspects of real estate transactions. Buyers and sellers should prepare for updated procedures and adjustments in how fees are handled. This includes the introduction of new requirements for buyer agreements and modifications in how buyer agency commissions are managed. Understanding these updates will be crucial for navigating the evolving real estate landscape.

Effective Dates for NAR Settlement Changes

As part of the proposed $418 million settlement in the NAR lawsuit, there will be a few changes for both buyers and sellers in the Tennessee Valley. You might be wondering when these changes will go into…

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