Nearly two-thirds of renters—about 64 percent—say they plan to move to a different city before settling down, according to rental website ApartmentList.com. So where are they leaving from and going to?Apartment List surveyed about 24,000 renters and analyzed data from 50 of the largest metros across the country. Renters in the priciest cities, such as New York, San Francisco, Denver, and Austin, Texas, indicated the most eagerness to move. Th
Median home prices in the second quarter eclipsed a record high set in 2016, jumping 6.2 percent year over year as the inventory crunch continues to push property values higher, according to the National Association of REALTORS®.The national median price for an existing single-family home was $255,600, up from $240,700—the previous high—in the second quarter of 2016, NAR reported Wednesday. Prices for single-family homes rose in 87 percent o
It’s been a year since Baton Rouge, La., experienced catastrophic flooding due to heavy rains. According to the Federal Emergency Management Agency, 83,000 homes damaged by the flooding were eligible for disaster assistance, with each household receiving an average of $13,100 to make repairs and $3,800 to replace essential household items.Some residents are still recovering, says John Dickson, president of flood insurance provider NFS Edge. He
How to connect with the largest group of first-time homebuyersKey Takeaways Millennials are the future of real estate, and they are tech-savvy. Real estate agents should connect with millennials where they can be reached -- social media.It seems that the housing market is experiencing a major shift that is sure to impact the future of real estate for at least another 10 years.As of 2016, millennial first-time buyers have surpassed Gen Xers and
Buyers will find it easier to get a home loan using these tipsThe real estate business is booming, and with a scarce supply of starter homes on the market, competition between buyers is fierce. To get loans quickly, potential homebuyers need to keep an eye on their finances and credit.Below, you will find nine general tips that will help ease the process of acquiring a home loan by improving credit scores.1. Always pay on timeNo lender likes
iPro currently deals throughout the states of California and Texas with new offices in New York and Florida. We continue to strive to broaden opportunities for real estate professionals and consumers. Visit www.iprore.com for the latest information and links.Click here for information on how to become a salesperson
Approach this demographic with caution, and show consideration for their situationKey Takeaways Develop a strategy that accounts for the unique circumstances these prospective clients are facing, and approve all marketing with care to avoid missteps.As far as devastating life events go, divorce ranks no. 2, second only to the death of a loved one. As a result, it is typically a very emotional experience, and certainly isn’t the time for others
If an interior designer walked through the front doors of your listing, what would their first impression be?Give the house an interior designer spot test before opening it up to buyers. Realtor.com® offers a few tips from behind a designer’s lenses in a recent article :Traffic flow“The first thing I notice is whether or not the furniture placement promotes good flow of traffic,” says Lorelie Brown, a Showhomes franchisee in Charl
Foreign buyers continue to outspend domestic buyers in the U.S.From April 2016 to March 2017, properties purchased by foreign buyers had a median price of $302,290. That is 30 percent more than the median purchase price of $235,792 for all existing homes sold in the U.S. during that period, according to the National Association of REALTORS®’ 2017 Profile of International Activity in U.S. Residential Real Estate.In a further examination of ave
The inventory of for-sale homes has struck a 20-year low. And while economists and the public cry for more inventory, many builders are pressed to meet demand. A labor and subcontractor shortage in the building industry has worsened over the past year, according to the National Association of Home Builders/Wells Fargo Housing Market Index survey of single-family builders.Builders reported widespread shortages for each of the 15 occupations su
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
