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Median Price Existing Homes Less Affordable Than New Homes in Q2
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 of a new home in Q2 was $412,300 vs. the…
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2 Dallas neighbors top the list of best real estate markets in America - CultureMap Dallas
Mauricio Umansky’s 5 tips for making brokerage decisions
The Importance of Diverse Data Sets
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 needs of MLSs, particularly when it comes to property data. Flood maps, for example,…
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Thoughts on Leadership: Insights From the Evolution of the Paralympic Games
Three weeks ago, in my blog titled “Going for Gold,” I delved into the Olympics, capturing the essence of competition and camaraderie. Building on that theme, this week I want to explore the upcoming Paralympic Games. As we look forward to these games, they provide another dimension to our understanding of sportsmanship and resilience. As…
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Tips for a Smooth Move After a Summertime Home Sale
Would you like excellent moving tips for the summer? Moving after selling your home in the summer can present unique challenges and opportunities. The warm weather, peak moving season and specific logistical considerations all play a role. My guide will teach you to manage these factors effectively to ensure a seamless transition. I will provide…
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Offerpad CEO on the company’s 4% solution for real estate agents
Existing-Home Sales Up for the First Time in Months
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 existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—increased 1.3% from June…
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How Population Changes Impact U.S. Real Estate - Seeking Alpha
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a current average of 6.46%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.46%, down from last week when it averaged 6.49%. A…
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Existing-Home Sales Inch Up But Prices Keep Soaring - Bankrate.com
Inside Real Estate, RE/MAX, LLC extend software partnership
Elon Musk signals foreclosure on former home of Gene Wilder
Laying Out the Roadmap to Success in Real Estate’s New Era: ‘Get Comfortable Operating in the Gray’
Above, Ryan Schneider and Sue Yannaccone With Aug. 17 in the rearview mirror, real estate professionals are now navigating a new era of real estate—one they’ve been preparing for since the NAR practice changes came about as a result of last year’s legal settlement. In an effort to help agents and brokers transition into this…
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