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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. It was the highest share of all-cash transactions recorded since 2014. Meanwhile, in September, one-third of U.S.

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Could online mortgage lenders reduce discrimination against Black homebuyers?

Housing Wire

The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price. An encouraging trend should not be mistaken for a solution.

Mortgage 498
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Through the eyes of the single-family rental lobby

Housing Wire

housing supply is dwindling once again as homes continue to fly off the market at record prices,” said Jeremy Sicklick, CEO of real estate data analytics firm HouseCanary. In assessing blame for a high-demand, low inventory housing market, one finger is pointed at companies that purchase single-family homes as an investment.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. million real estate agents. A profitable division.

Business 360
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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. Both his firm’s transaction and agent count grew by 39%. “We

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5 Interesting Energy Corridor Real Estate Trends

Houston Properties

For questions, advice, Energy Corridor TX real estate recommendations, or off-market MLS listings, contact Paige Martin, head of the Houston Properties Team and rated as the best Keller Williams Memorial realtor the last four years. "The 5 Interesting Energy Corridor Real Estate Market Trends. Get PDF Now.

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Southampton Houston Real Estate Trends

Houston Properties

Homebuyers benefit from the help of the best Southampton Houston realtor who knows how to navigate the neighborhood, its deed restrictions, and non-MLS inventory. 5 Key Southampton Houston Real Estate Market Trends. The Best Houston Realtor to Sell Your Home. 5 Key Southampton Houston Real Estate Market Trends.