NAR: Median Realtor Income Grew Last Year
Tweet Realtors(r) were busier and making more money in 2012, marking the second year of improvement following nine years of decline, according to the 2013 National Association of Realtors (NAR) Member Profile. Paul Bishop, NAR vice president of research, says housing market growth has boosted real estate professionals’ earnings. “The median gross income of a Realtor rose to $43,500...
Read MoreMany Renters Spend Half of Income on Housing
Tweet The newest edition of the Center for Housing Policy (CHP)’s annual Housing Landscape report finds that severe housing cost burdens among working renter households have risen for the third consecutive year. Housing Landscape 2013 explores the latest American Community Survey data from 2011, showing that 26.4 percent of working renters spent more than half of household income on...
Read MoreThe Next Generation Brokerage
Tweet The REAL Trends team is at the Gathering of Eagles conference in Denver. There are some great speakers offering vital business advice. The first session featured Sherry Chris, CEO of Better Homes and Gardens. Here are a couple interesting facts gleaned from her session: In the next generation brokerage: 1. Office space as it exists doesn’t need to be the same. The...
Read MoreStudy: Couples Buy Houses Together Before Wedding Day
Tweet Should couples wait until marriage? Times are changing, and a new study from Coldwell Banker Real Estate LLC uncovered that about one in four married couples between the ages of 18 to 34 purchased their first home together before their wedding date, compared to 14 percent of those ages 45 and older. According to the survey, 35 percent of all married couples purchased their first...
Read MoreSteve’s Sign of the Times: Raising the Level of Your Game
Tweet Ten years ago I was honored to play in a Senior PGA Pro-am golf outing. Our pro was Lanny Watkins, who turned out to be a gentleman and superb striker of the ball. In other words, he beat me like a drum. A member of the group asked Lanny, “How are guys going to handle Tiger?” Woods was then on a tear winning major after major. Watkins had this to say: “I hear the...
Read MoreTop U.S. Cities Searched By Global Buyers
Tweet Realtor.com® recently released data regarding the top countries (outside the U.S.) where consumers are the most engaged on Realtor.com® & Realtor.com® International. The data highlights the markets within the U.S. that are most popular amongst these global consumers throughout March 2013. • Canada: Las Vegas, Fort Lauderdale, Orlando, Detroit, Naples • U.K.: Los...
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