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 […]
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
Re/Max Holdings, Inc. the public parent company of real estate giant Re/Max generated $52.6 million in revenue in the first quarter of 2018, an 11 percent increase over the same time period in 2017, according to its Q1 2018 earnings report released today. Source: click here
Walmart wants its website to be comforting and helpful, just like its stores. The retail giant outlined the philosophy behind a website redesign debuting this week to emphasize what’s popular at your Walmart location in a piece in Fast Company Design. “Walmart.com is not just a national e-commerce retailer, but actually an extension of your […]
Sound off: What do you think of the National Association of Realtors’ proposal to raise annual dues for its 1.3 million members? The trade group’s 2019 budget proposal calls for a $35.5 million jump in annual spending for political advocacy, a transaction management platform for members and other initiatives. To pay for the increase, NAR […]
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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