Sales of newly built single-family homes fell in April—a time that is usually the bustling springtime home buying market. But builders remain upbeat and are quick to point out that sales are still near a post-recession high, regardless of the latest drop.Sales of newly built, single-family homes dropped 1.5 percent in April, reaching a seasonally adjusted annual rate of 662,000 units, the U.S. Commerce Department reported Wednesday.“Builde
Blame it on the low inventory of available property: Total existing-home sales failed to gain traction in April, according to the National Association of REALTORS® latest housing report, released Thursday.Total existing-home sales—which are completed transactions that include single-family homes, townhomes, condos, and co-ops—decreased 2.5 percent to a seasonally adjusted annual rate of 5.46 million in April. Sales are now 1.4 percent below
Tackling a project to spruce up a property’s outside may be a wise investment for both residential and commercial property owners, according to the National Association of REALTORS®’ and National Association of Landscape Professionals’ 2018 Remodeling Report: Outdoor Features. The outdoors doesn't require a major overhaul to see a strong return either financially or in homeowner enjoyment.The outdoor project that produces the most subst
A growing number of single-family homes are being built with the intention to rent. While the numbers make up a small portion of the market, the single-family built-to-rent market is on the rise, according to Robert Dietz, chief economist of the National Association of Home Builders.Construction starts for built-to-rent homes totaled 37,000 over the last four quarters, compared to 33,000 over the prior four quarters. On a one-year moving average
Thanks to a strengthening economy and increased competition for skilled labor, many businesses are looking for ways to improve their offices for greater comfort, profitability, and efficiency. Whether you’re a broker hoping to spruce up your company’s space or a commercial pro in the office sector, there are several trends you don’t want to miss next time you rethink an area dedicated to workers. Cicero’s Development Corp, a general contr
House flipping activity surged to an 11-year high this year, with more than 207,000 homes flipped, according to ATTOM Data Solutions, a real estate data firm. But the key is knowing where to be and when. “The sweet spot for successful home flipping is finding the neighborhoods just emerging as the next hot neighborhoods in a city,” says Daren Blomquist, a senior vice president at ATTOM Data Solutions. The firm says the average profit for a
HomeServices of America Inc., the company owned by billionaire Warren Buffet, has acquired the Ebby Halliday brand. The acquisition includes Ebby Halliday, REALTORS®; Dave Perry-Miller Real Estate; and William Trew Real Estate. The brand boasts more than 1,700 agents in over 30 offices. Its affiliates, Home Team Mortgage and Texas Premier Title, are also included in the deal.Ebby HallidayDespite the acquisition, the Ebby Halliday brand will rema
iPro currently deals throughout the states of California, Texas, Florida and New York. We continue to strive and broaden opportunities for real estate professionals and consumers. Visit iprore.com for the latest information and links.Click here for information on becoming a salesperson.
Insights on the up-and-coming ASEAN marketAs technology weaves a more connected global web, U.S. real estate brokerages and agents have new opportunities to grow their businesses by participating in emerging overseas markets.In addition to amping their overseas dealflow, brokerages and agents get the chance to grow their brands by engaging in these developing regions.Effective connections and targeted knowledge are critical for U.S. real estate c
The National Association of REALTORS® has announced it will be launching a new top-level internet domain, .realestate, later this year. The new domain will be available to members of NAR starting in September, and then offered to the general public in late November.Real estate professionals and firms will be able to market properties, geographic areas, and their personal brands using the .realestate web address. NAR members who already have an a
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