Why do long-time homeowners rent when they can afford to buy? For more and more older adults, it’s simple: less responsibility with more money to spend.
NAR’s 2023 Member Profile finds a Realtor’s typical sales volume rose to $3.4M (2022) from $2.6M via 12 transactions – and 76% will stay at least two years.
Sellers love drone photography – and by extension, an agent who offers it. If owners are interviewing several RE agents, it could make a difference.
The money helps “root out housing discrimination,” says HUD, going to local-state governments that enforce rights equivalent to those under the Fair Housing Act.
Politics can hurt home sales if a neighbor’s yard flag pushes views offensive to a potential buyer – but flags can help if buyers agree.
In 2022, only Texas saw more homebuyers using private mortgage insurance (PMI) than Fla., where 76,451 buyers (57%) relied on PMI to buy a home.
Google’s system could get listings and other ads in front of a wider – yet also targeted – audience of potential buyers and sellers.
Due to limited supply and strong demand, sales of rental housing for college students hit a record high of $22.9B in 2022.
People need a roof over their heads, making “home” a life necessity – and also, on the side, a good investment. As a result, buying sooner is better than later.
Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that.
