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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. Sellers, homebuyers turned to real estate agents for help The vast majority of buyers still used an real estate agent to purchase their home.

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Opinion: Real estate agents must embrace a non-traditional housing market

Housing Wire

Looking back to the 2005 and 2006 real estate peak, lofty home prices reached a then staggering-sounding high of $230,200 in July 2006. Today’s landscape is quite different from that of 50 or even just 10 years ago. Or, they are going back to renting!

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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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A record year for real estate brokerage firms

Housing Wire

The 2021 real estate market was one for the ages: record low interest rates and housing inventory gave way to record high home prices and sales. of all Realtors. Agents with RT500 firms had an average of 7.9 transactions per agent. The average number of agents per RT500 firm was 1,138, up from 1,025 last year.

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Why is the El Paso housing market so hot right now?

Housing Wire

But the virus has had anything but a negative impact on real estate in El Paso. According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Interest rates were so low, at 2.5%

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

Lamacchia Realty

We are excited to announce that Heidi Matusik has received the Quarterly Production Award from the Mid-State Association of REALTORS®! Heidi is the second REALTOR® to qualify for this type of distinction since Lamacchia Realty opened its first Connecticut office in Southington last December.

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Lamacchia Realty Announces Top Producing REALTORS® for March 2024

Lamacchia Realty

has released its “Top Producing REALTORS®,” for March 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Earlier last year, Shauna was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list.