by | Aug 22, 2024 | Industry News, Latest News, National, News |
The National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q2 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home. The median price...
by | Aug 22, 2024 | Best Practices, Industry News, Latest News, Lead Story, National, News, Tech, Technology |
The real estate industry is overflowing with turnkey software that’s exactly the same across every installation. While this is often fine at the agent and, to an extent, broker levels, a “one size fits all” strategy isn’t robust enough for the...
by | Aug 22, 2024 | Industry News, Latest News, National, News, Premier |
Sales of existing housing inventory in the U.S. reversed course in July, posting an increase after four months of decline. This data comes courtesy of the National Association of REALTORS®’ (NAR) monthly update on existing-home sales. The report showed that total...
by | Aug 19, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
As the son of an immigrant family that now owns multiple homes, Luis Molina—a real estate agent with eXp Realty in Long Island—understands the significant influence immigration plays on the housing market. His team recently helped a buyer who immigrated to the U.S....
by Beth McGuire | Aug 16, 2024 | Industry News, Latest News, National, News |
The construction of new U.S. homes fell to a 16-month low in July, according to the Census Bureau and the Department of Housing and Urban Development (HUD) on Aug. 16. Factors likely influencing the result are Hurricane Beryl, an oversupply of new houses and high...