Against insufficient inventory and mounting prices, international sales are sliding, according to the National Association of REALTORS® (NAR) 2018 Profile of International Transactions in U.S. Residential Real Estate, an annual survey.
Foreign home purchases sank 21 percent from April 2017 to March of this year, and, a considerable...
RISMedia's 2017 Real Estate CEO Exchange
With the competition demanding first-rate service, and convenience no longer a “nice to have,” the brokers who are enduring—and flourishing—are looking within. How are they adapting to changing consumer needs? At RISMedia's 2018 Real Estate CEO Exchange, held in New York City this September,...
At the height of real estate season, the homeownership rate ticked up.
According to Census data, the homeownership rate has risen to 64.3 percent—a departure from the first quarter of 2018, when the homeownership rate was 64.2 percent, as well as the second quarter of 2017, when the...
Home Partners of America Creates New Homeownership Opportunities for Consumers While Creating New Business Opportunities for Agents
Not surprisingly, renting skyrocketed in the U.S. in the wake of the housing crisis—and whether it's due to continued financial restrictions, misinformation about options or other reasons, a decade later, a large swath...
Mortgage rates roused this week, with the average 30-year, fixed mortgage at a 4.54 percent rate, up from 4.52 percent the prior week, according to Freddie Mac's Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage rate was 4.02 percent, up from 4 percent the prior week, and...
During the summer months, agents often look for new ways to build their business. According to a 2017 NAR study, FSBO listings made up 8 percent of home sales in the previous year. While this doesn't seem like a large amount, if you consider that over 90...
From digital open houses to artificial intelligence (AI) platforms to bitcoin cryptocurrency, new technologies are taking over the real estate industry by storm and accelerating the pace of business. With tech-savvy millennials representing the largest group of homebuyers, it is important to power up your career by staying on...
(TNS)—When Tom Alsani heard about plans for a tiny-home community in St. Petersburg, Fla., he got so excited he immediately wanted to know more.
“Right now I have a house with three bedrooms, but the kids are gone and I'm trying to downsize,” says Alsani, a quality-control inspector for furniture...
The following information is provided by the Center for REALTOR® Development (CRD).
NAR has been administering its annual Profile of Home Buyers and Sellers survey since 1981. The survey has grown from 59 to 131 questions, and gives us great insight into the trends, wants and...
In city cores, commuting from farther out takes time, but can save thousands, according to an analysis newly released by Zillow.
In Boston, there is a 13.4 percent difference in home prices, typically, between the center of the city and locales 15 minutes out—the highest rate of savings,...