While homeownership is declining across the United States, the drop is even more precipitous in some of America’s largest cities, according to a new report. Source: click here
After a disappointing March where only 103,000 jobs were created, this month’s U.S. Bureau of Labor Statistics employment situation report is back on the upward track — although it’s still nowhere near February’s explosive growth in the construction, retail, manufacturing, mining and business services. The report shows that total non-farm payroll employment rose by 164,000 jobs last […]
Caitlin McCrory, MLS manager of the National Association of Realtors for the past 20 months, is joining online brokerage Redfin as its head of industry relations. Caitlin McCrory McCrory will be the first person at Redfin to be dedicated full time to industry relations, Redfin spokesperson Alina Ptaszynski told Inman via email. McCrory will work closely […]
With home prices rising for 70 consecutive months, homebuyers are in desperate need of a reprieve. For those unwilling or unable to wait for home prices to cool in their area, a move to another state with dropping home prices and a more affordable cost of living may be the perfect solution. According to Trulia’s […]
Every month, economists release a number of indices, reports and analyses of the housing market, and it can be difficult to keep up with them all. Thankfully, the National Association of Realtors (NAR) recapped the month in its new Housing Minute monthly video series. March existing-home sales increased 1.1 percent to a seasonally adjusted annual […]
Inman Select was launched to provide real estate agents and brokers with a reliable, specific source for the news and information they need to thrive in the real estate industry. And it’s helped hundreds of real estate professionals identify areas for improvement, plan and execute change and stay on top of rapid industry shifts as legal […]
Now that a little time has passed since the announcement by Zillow that it will be “collaborating” on the purchase and sale of properties using its Instant Offers platform (currently being tested in Las Vegas and Phoenix markets), I’ve had the chance to think about what it might mean for organized real estate. Source: click […]
There is undeniable polarization happening in the U.S. luxury property market right now — well-positioned, high-end homes either sell quickly in the first few days, or they languish, says Laura Brady, president of luxury real estate marketplace Concierge Auctions. Source: click here
Many people are attracted to the wide world of real estate because of the flexible hours and unlimited income potential. However, according to the National Association of Realtors (NAR) the median gross income of Realtors was $42,500 in 2016. Source: click here
Keller Williams agents closed 213,071 transactions for a total of $62.7 billion in sales in the first quarter of 2018, according to the company’s latest earnings report. Those totals mark a 4.8 percent increase in transactions and 10.7 percent increase in total sales over last year’s first quarter. Source: click here
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