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Typical homebuyers made $107,000 annually, used a real estate agent in 2023: NAR survey

Housing Wire

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. The report is an annual survey of homebuyers and sellers who closed transactions between July 2022 and June 2023.

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‘Silver tsunami’ could have a bigger impact on 2024’s housing market: analyst

Housing Wire

And the peak in existing home sales was 2005 when you had around 7 million transactions.” That’s what I think is invariably going to happen because you’re going to have more seniors, the silver tsunami, selling and there are fewer buyers so the give is going to be lower home prices.” homeowners.

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Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this.

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The Similarities Between 2007 and Today

Appraisal Buzz

Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. Prices were escalating quickly, and buyers were purchasing in a frenzy for fear of being left behind and not being able to get their foot on the property ladder. This is no different than ignoring declining trends.

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Heidi Matusik Receives Quarterly Production Achievement from the Mid-State Association o REALTORS®

Lamacchia Realty

Heidi is a stellar real estate agent who, since 2005, has been helping her clients buy and sell homes with ease and friendliness. Her consistent sales numbers with both buyers and sellers aligns with her consistent efforts to go above and beyond for her clients.

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What 5% mortgage rates mean for the housing market?

Housing Wire

Inventory falling again in 2022 created more forced bidding wars, which frustrates buyers, keeps potential sellers from wanting to list, and creates stress for real estate agents doing a lot of work with nothing to show for it. We will see if we get some more buyers with the seasonal rise in inventory every year.

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Lamacchia Realty Announces Top Agents for June 2021

Lamacchia Realty

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties.

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