Real Estate

New Luxury Apartment Amenity: COVID-19 Antibody Testing

NAR Daily News Magazine - May 12, 2020 - 1:00am

Owners and property managers of apartment buildings are reimagining what they offer tenants due to the pandemic.

Categories: Real Estate

Sellers Holding Eager Buyers Back as States Reopen

NAR Daily News Magazine - May 12, 2020 - 1:00am

Home buyers are reemerging, requesting to view homes in person, but sellers are spooked by the risks of contracting COVID-19.

Categories: Real Estate

NAR: Healthy Q1 Home Price Gains Won’t Slow Down

NAR Daily News Magazine - May 12, 2020 - 1:00am

Strong housing demand and low inventory will keep prices from collapsing amid the COVID-19 pandemic, says Chief Economist Lawrence Yun.

 
Categories: Real Estate

Carbon Monoxide: Potential Hazard

Daily Real Estate News - May 11, 2020 - 4:36pm

It’s worthwhile to address a potential hazard that arises with use of fuel-burning appliances such as furnaces and water heaters: carbon monoxide. Carbon monoxide (CO) is an odorless, colorless gas produced by the combustion of fuels such as natural gas, oil, and propane in devices including furnaces, water heaters and stoves. These items are designed to vent the CO to the outside, but harmful interior levels of CO can result from incomplete combustion of fuel, improper installation, or blockages, leaks or cracks in the venting systems. Very high levels of CO can lead to incapacitation or death, with victims sometimes never having been aware they were being poisoned.

Homeowners can take action against potential carbon monoxide poisoning by taking the following steps:

– Never use a gas stove or oven to heat the home, even temporarily.

– Have all fuel-burning appliances professionally inspected annually, preferably before the start of the cold weather season when heaters and furnaces are first used.

– These appliances include gas stoves and ovens, furnaces and heaters, water heaters and gas clothes dryers.

– All such devices should be properly installed and vented to the outside.

– If repairs are necessary, have them performed by a qualified technician.

– Always use the proper fuel specified for the device.

– Have flues and chimneys for gas fireplaces inspected regularly for cracks, leaks and blockages that may allow a buildup of CO to occur.

– Do not start a vehicle in a closed garage or idle the engine in the garage even when the garage door is open.

– Gasoline-powered generators and charcoal grills must never be used indoors.

– Purchase a CO detector (either battery operated, hard wired or plug-in) and follow the manufacturer’s instructions for proper location and installation.

-Installation of working CO detectors in residential properties is now required by law in most states.

– Learn what to do if the CO alarm activates. If anyone in the home experiences symptoms such as fatigue, dizziness, blurred vision, nausea, or confusion, everyone should leave immediately and seek medical attention. If no symptoms are felt, open doors and windows immediately and shut off all fuel-burning devices that may be potential sources of CO.

Enjoy the comfort and safety of home all year long.

For more information, please visit www.pillartopost.com.

The post Carbon Monoxide: Potential Hazard appeared first on RISMedia.

Categories: Real Estate

Commercial Real Estate Recovery Possible Later This Year

NAR Daily News Magazine - May 11, 2020 - 1:00am

REALTORS® can help drive creative repurposing of commercial space as economy begins to reopen.

From the virtual 2020 REALTORS® Legislative Meetings, April 27-May 15

Categories: Real Estate

Proposed MLS Policy Would Ensure Brokers Receive Their Own Listing Data

NAR Daily News Magazine - May 8, 2020 - 1:00am

The move would close a loophole on an otherwise widespread practice.

Categories: Real Estate

Realogy, Amazon Pause Partnership, Blaming COVID-19

NAR Daily News Magazine - May 8, 2020 - 1:00am

“In a COVID world, bluntly, it didn’t make sense to continue that pilot,” Realogy’s CEO said during its earnings call Thursday.

Categories: Real Estate

More iBuyers Are Reemerging With Instant Offers

NAR Daily News Magazine - May 8, 2020 - 1:00am

After a month-long hiatus, additional instant offer firms are stepping back in to purchase homes, using contact-free processes.

Categories: Real Estate

SBA Disaster Loans Capped at $150K, Limited to Agriculture

NAR Daily News Magazine - May 8, 2020 - 1:00am

The Economic Injury Disaster Loan program is now limiting both the amount and recipients it will consider for the emergency loans.

Categories: Real Estate

Mortgage Rates Hover Near All-Time Lows

NAR Daily News Magazine - May 8, 2020 - 1:00am

Borrowing costs have stayed at or near record lows for five consecutive weeks.

Categories: Real Estate

More Than a Quarter of Properties Are Equity-Rich

NAR Daily News Magazine - May 8, 2020 - 1:00am

Many homeowners have built up wealth in their homes. Owners’ balance sheets remained strong in the first quarter across the U.S., a new report shows.

Categories: Real Estate

A New Era of Virtual Hearings for Pro Standards Enforcement

NAR Daily News Magazine - May 7, 2020 - 1:00am

Rather than waiting for offices to reopen, REALTOR® associations are conducting timely, safe, and efficient ethics hearings through Zoom.

From the virtual 2020 REALTORS® Legislative Meetings, April 27-May 15

Categories: Real Estate

What Property Managers Can Do If Tenants Can’t Pay

NAR Daily News Magazine - May 7, 2020 - 1:00am

In many areas of the country, landlords are prohibited from evicting tenants who are experiencing financial hardship due to the COVID-19 pandemic. Take these steps if you’re losing rental income.

From the virtual 2020 REALTORS® Legislative Meetings, April 27-May 15

Categories: Real Estate

How Offices Are Preparing for Workers' Return

NAR Daily News Magazine - May 7, 2020 - 1:00am

From smartphone-operated elevators to contactless coffee machines, businesses are trying to eliminate major touchpoints to help deter coronavirus spread in the workplace.

Categories: Real Estate

How Each Home Sale Adds to the Economy

NAR Daily News Magazine - May 7, 2020 - 1:00am

NAR calculated the total economic impact that real estate–related industries can have on state economies. See how your state fares in this interactive map.

Categories: Real Estate

Another Strong Week for Mortgage Applications

NAR Daily News Magazine - May 7, 2020 - 1:00am

Amid record-low mortgage rates, applications for home purchases increased 7% this week, following a 12% uptick last week, the Mortgage Bankers Association reports.

Categories: Real Estate

Homeowners Are Preparing to List After the Pandemic

NAR Daily News Magazine - May 7, 2020 - 1:00am

A new NAR survey shows that about 77% of potential sellers are readying for a move once stay-at-home orders are lifted.

Categories: Real Estate

As Forbearance Confusion Persists, Help Set Owners Straight

NAR Daily News Magazine - May 6, 2020 - 1:00am

At the REALTORS® Legislative Meetings, speakers offer guidance for homeowners in need of mortgage protection.

From the virtual 2020 REALTORS® Legislative Meetings, April 27-May 15

Categories: Real Estate

Study Reveals the Best Months to Sell a Home

NAR Daily News Magazine - May 6, 2020 - 1:00am

Over a nine-year period, these dates may offer the best opportunities for homeowners to sell at a premium, researchers say.

Categories: Real Estate

Metros Ranked By Lowest APR Mortgage Offerings

NAR Daily News Magazine - May 6, 2020 - 1:00am

Mortgage rates have fallen to record lows, and low APRs are helping potential home buyers net even more long-term savings. Find out where the greatest opportunities are.

Categories: Real Estate
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