June 19, 2017
Institutional investors, who made it difficult for home buyers to compete for properties after the housing crash, are now being priced out of major markets. But a new force is stepping in to take their place—and it’s not making the real estate landscape any easier for everyday buyers.
Some home builders are turning away from undeveloped land in far-suburban and rural areas and targeting places once considered urban blight.
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The real estate industry desperately needs relief from the tight housing supply, says NAR chief economist Lawrence Yun.
Homeowners nationwide have doubled their equity since 2009. But the increases in home values—which lead to higher prices—make it harder for prospective buyers to break into homeownership.
“In more markets than ever before, the million-dollar mark is the new benchmark for that green lawn and white picket fence,” says a realtor.com® economist.
View a chart of home-price expectations in your state over the next 12 months, according to the last REALTORS® Confidence Index.
There are several local resources you can use to generate buzz about your real estate expertise, and it won’t cost you anything to get the word out.
When an unrepresented seller is resistant to working with you, figure out what’s driving their hesitation and solve that problem in a practical manner. Try these steps to convert FSBOs without giving them a sales pitch they don’t want.
A strong, economically vibrant town center can do wonders for your real estate business. Learn how you can support local business owners and those who own commercial property on Main Street.
Take a look at topics brokerage owners should include and where to start when drafting your own.lder text.
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