Luxury Home Sales Plateau After Pandemic Upswing
South Fla. sales of single-family homes priced $1M and up have basically remained stagnant since 3Q 2021 – but still higher than pre-pandemic levels.
Higher Interest Rates May Help Housing Market
For buyers, higher interest rates mean less home for the money. But the market may benefit if those rates create a better balance between the number of buyers and sellers.
Top Emerging Tech Trends Impacting RE Industry
Over $31B was invested in RE tech firms in 2021. Looking ahead, metaverse and blockchain technology may have a significant effect on the future of real estate.
Asian American Homeownership Rates Rebound
Homeownership rates for Asian Americans were at 61.2% in 4Q 2021. Home sales have grown the most among millennial and female Asian Americans.
Spring, Summer Yield Best Days to Sell a Home
ATTOM: May, June and July offer seller premiums of 10% or more above market value. The top 15 best days to sell are in the month of May.
What Rebounding Birth Rates Mean for Housing
Having a baby is often a leading housing decision, prompting new families to buy a home or desire a larger home, according to NAR research.
Great Resignation Leads to Real Estate Rush
Google searches: From Jan. 2021 to Jan. 2022, the top trending career search entry was “how to become a real estate agent.” The profession draws job seekers.
Why Home Buyers Face Higher Mortgage Rates
The Fed’s 0.5% increase in a key interest rate this week is an aggressive move to slow inflation. But borrowing money to buy or fix up a home will cost more.
NAR Housing Forecast: Expect Market Uncertainty
Chief Economist Yun told Realtors at Legislative Meetings this week that 2022 has thrown curveballs like “record-low inventory and unyielding inflation.”
Build Your Business with Video Marketing
Video helps Realtors form connections via social media, which has about 4.62B active users globally. Studies show listings with videos get 403% more inquiries.