Existing home sales increased strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S. regions saw sales gains, while the Northeast remained unchanged from last month. Total existing home sales are completed transactions that include single-family homes, town-homes, condominiums and co-ops. […]
Existing Home Sales Jump Read More »
Monthly rental payments for both single-family homes and multifamily apartments are now rising at the fastest pace in nearly a year, according to Zillow. The median monthly rent in February came in at $1,472, an increase of 2.4 percent compared with February 2018. For the typical renter, this means about $400 more a year. Of
Rents Move Higher Making Owning more Attractive Read More »
Real estate is a competitive industry, which means that finding some way to set yourself apart from your fellow agents can occasionally feel like a lost cause. An effective real estate promotion is just a matter of putting a unique spin on a tried-and-true technique. Just a small change can return major results. There are
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Pending home sales rebounded strongly in January, according to the National Association of Realtors®. All four major regions saw growth last month, including the largest surge in the South. The Pending Home Sales Index is a forward-looking indicator based on contract signings. It increased 4.6 percent to a reading of 103.2 in January which is
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In yet another sign of a stable and even vibrant housing market, more and more homeowners are current on their mortgage payments. According to Black Knight Inc.’s First Look at January 2019 mortgage data, mortgage payment delinquencies continued to improve with a 3.45% drop month-over-month and a 12.93% decline year-over-year down to a rate of only 3.75%
Mortgage Delinquency Rates Continue to Drop Read More »
There isn’t a lot American millennials wouldn’t do to have a chance at owning a home some day. According to a survey of 500 millennials conducted by OnePoll, nearly half of millennials would swear off Instagram forever, and one in four would be willing to spend a week in jail, if it would help them
Millennials Would Do Anything To Own A Home (Literally) Read More »
According to the Bureau of Labor Statistics, if you’re over 50 you’re in the fastest growing part of the workforce. By 2024, about a quarter of the workforce will be over 55 and 13 million workers will be 65 and older. With the striking increases in longevity in the past 50 years, workers in their
A Real Estate Career over 50 Read More »
Sales of new single-family houses in the United States jumped 16.9 percent from the previous month to a seasonally adjusted annual rate of 657 thousand in November of 2018. It is the strongest reading since March 2018, supported by higher sales in the South, the Midwest and the Northeast. New Home Sales in the United
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More millennials are pursuing homeownership now than ever before. The national homeownership rate rose to 64.4 percent in the third quarter this year—an increase of half a percentage point over a year ago, according to the U.S. Census Bureau. That’s largely attributed to the rise in new, first-time home buyers. Five trends to expect from millennials
Millennial Real Estate Trends Read More »
Not just a Career, this is a Business You are an independent contractor. You are in business for yourself. Even the IRS has created a special category that recognizes these facts. Unfortunately, all of those doubts, fears, and insecurities that go along with starting out in a new business with your only income dependent on
Real Estate Is Not Just A Career It Is Your Business Read More »
