Real Estate News

<span style="font-family: arial, helvetica, sans-serif;">The real estate world is always changing and so is the real estate news that comes from those changes. ERA Liberty Realty will keep you up to date on changes within the real estate community here within our real estate blog. Look for the category of Real Estate news for more!</span> <span style="font-family: arial, helvetica, sans-serif;">Everyday, the real estate commission, lending institutions, and other places involved with the market make changes. Firstly, the real estate commission makes changes to the contracts and the rules in with real estate agents must follow. They are always updating contracts to be as clear and precise as they can be. This will help buyers, sellers, and agents alike understand the terms within the binding contract. </span> <span style="font-family: arial, helvetica, sans-serif;">Secondly, lending institutions, aka banks, are changing rates. This means the Annual Percentage Rate. The APR is how quickly your loan interest will accrue. The higher the APR the more in interest you must pay. Depending on the economy at the time, the interest rates can be lower or higher. Check with your preferred bank when buying a home to see what rates they can offer you. </span> <span style="font-family: arial, helvetica, sans-serif;">Lastly, other real estate news can mean technology in the field, new companies popping up, or new practices that realtors are adopting. Technology in the real estate field changes just as much as the market. The tech has to evolve as the market does. Agents are finding new ways to market homes, gather new leads, and present to sellers differently than 10 years ago. </span>