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Global economic growth will add 43,000 more people to the list of ultra-high net worth individuals by 2023. That’s good news for the luxury real estate industry in the U.S. and elsewhere, as sales and price growth have plateaued in recent years.
Experts warn of misleading listing photos Has photo retouching gone too far? Some brokers and buyers think so, according to a feature in The Wall Street Journal this week discussing the growing popularity of dead-simple photo editing tools used
Real estate is a field that traditionally counts more women among its ranks than men; the 2018 National Association of Realtors Member Profile found that 63 percent of all NAR members were female last year. Yet when it comes
American homeowners have a vested interest in the U.S. economy, and by association, so do real estate agents. The size and scope of the housing market, itself just one piece of the world’s largest economy, makes this a difficult
Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the
The U.S. Census Bureau is renewing its push to stimulate innovative technological developments through the use of its own data. The Opportunity Project (TOP), a collaborative effort between government agencies and private tech firms, continues to build upon initiatives
The tech landscape is experiencing another transition as big data and predictive analytics take on a more significant role in how real estate professionals approach the housing market in their area.
Homeownership rate posts eighth-consecutive quarterly gain The newest estimate of U.S. homeownership rates, released Feb. 28 by the Census Bureau, showed that more Americans have become homeowners in the last two years. As of the fourth quarter of 2018,
The first evidence that homebuyers are reacting to favorable market conditions came in the National Association of Realtors’ latest Pending Home Sales report. According to NAR’s index of pending home sales activity, contract signings grew 4.6 percent in January
One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered a
On Tuesday, Feb. 26, the Senate Banking Committee voted to confirm Mark Calabria as the new head of the Federal Housing Finance Agency. Assuming he makes it through the full Senate vote, which has yet to be scheduled, Calabria
Early May named the best time to list a home Plenty of Americans are getting anxious about the arrival of spring, particularly those who are homeowners looking to sell in the near future. As it turns out, spring may
Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economist expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes
U.S. homebuilders haven’t seen quite the same gains as the broader real estate market in recent years, but signs are beginning to point in the industry’s favor this year. A new report from LEK Consulting and Wells Fargo’s U.S.
Changing tides in the national real estate market are leading to the most widespread inventory increases seen in at least five years. According to data collected by Zillow, for the first time since 2014, the U.S. housing market posted
Millennials face fewer housing choices as seniors age in place More senior citizens around the U.S. are choosing to age in place rather than sell their homes and move to a retirement community, and those decisions could be
