Real Estate News - Page 13

Referrals are vital to any agent’s career. In fact, according to new data, 17 percent of all real estate agents earn anywhere from $20,000 to $50,000 thanks to agent-to-agent referrals every year.

Data shows that less than home sellers got an average of 7 percent more than their asking price in the last five years. But those who did additional construction before listing? They got three times that.

Keller Williams has become the latest big name brand to join the iBuying game. This month, the national real estate brokerage launches its Keller Offers program, looking to compete with Opendoor, Offerpad and other iBuyers in certain markets.

Home sellers may not be making the bank they were last year, but sales profits are still going strong, historically speaking. According to new data, the average seller saw a 31.5 percent return on investment last quarter — amounting to $57,500 in profits.

The national homeownership rate held steady last quarter, hovering around 64 percent. According to one expert, it’s poised to rise even more thanks to an influx of young buyers.

If homebuyers want another sign the market has turned in their favor, last month’s showing activity is the proof. According to new data, home showings were down significantly in March — especially on the West Coast.

Real estate investors looking to increase profits this year may want to head inward. According to new data, the Midwest region is home to the nation’s three best cities for residential investments.

A new report spotlights the best counties for claiming a single-family rental home. It also shows that typical rental yields and profit margins are up.

The shortage of affordable housing is a dire and growing concern for rural communities, driven by the shifting economy and lapsing federal subsidies.

Things are looking up for homebuyers on the West Coast. According to new data, the historically hot coastal markets are finally cooling down — and buyers are having an easier time snagging those dream homes.

Homeownership among Hispanic Americans is on the rise. According to a new report, Hispanic homeownership rose to 47.1 percent in 2018 — its highest point since 2010. It also marks the biggest annual gain in homeownership for the cohort in 13 years.

Looking for a place to put down roots for your growing (or future) family? Apparently, Indiana is the place to do it. According to a new ranking, the state claims the nation’s two best cities for families.

American homebuying power has reached its second-highest point in the last 20 years. According to a new analysis, the average buyer can now afford a home priced as high as $391,037.

Home flipping is once again a major force in the housing market. According to new data, it accounted for more than 10 percent of all home sales last quarter — nearing all-time high levels.

It looks like Generation Z is coming at homeownership faster than Millennials have taken to it. Though many Millennials aren’t buying homes until their 30s, according to a new survey, more than half of Gen Zers plan to buy a home in the next five years — when they’re only 24 to 28.

If you’re holding out hope that home prices will start to decline, you might be in luck. According to new data, the chance of dropping prices is up — especially in the high-cost markets on the West Coast.

Want a home that improves in value? Then you might want to buy near a legal marijuana dispensary. According to new data, dispensaries can boost home values by $22,000 or more.

The latest tax law changes may catch homeowners off guard when filing their 2018 returns. Here is what you need to know about 2018 taxes for homeowners.

The emerging generation is as much interested in home buying as any generation before. Fueling the enthusiasm is a new menu of affordable mortgage programs.

Properties taxes increased by 4 percent nationwide last year, but the upward trend wasn’t unilateral. In fact, according to new data, some cities saw property tax rates as low as 0.35 percent last year.