Commercial realtors saw their income surge in 2017



Real estate agents in the commercial sector are benefiting from a substantial increase in gross income and sales volume, according to new data from the National Association of Realtors. The NAR’s latest 2018 Commercial Member Profile shows that the median gross annual income for members hit $150,000 in 2017, up from $120,999 the year before. […]

When it comes to making money, experience is everything



Rookie real estate agents often have a tough time getting their businesses going, but a new study says it’s worth hanging in there. According to the 2018 Real Estate Agent Income Guide, a study conducted by pre-licensing firm Real Estate Express, most new agents double their income in the second year of doing business. Those […]

Home equity is growing, but homeowners refuse to tap into it



With home prices continuing to rise, homeowners are becoming increasingly “equity rich”. But that hasn’t tempted many to take advantage of the situation, as the number of home equity lines of credit stays flat.

Rental prices increase across the U.S. as demand continues to grow



Apartment listing service RentCafe.com has updated its monthly rent report , showing that the national average rent has increased 2.9 percent in June to cross the $1,400 mark.

Median home prices reach all-time high, NAR says



Home buyers can expect to pay more than ever this summer, as the median existing-home price for all housing types hit an all-time high of $264,800 in May according to the National Association of Realtors.

New home prices fall, but good luck finding one!



Buyers who’re seeking a brand new home are benefiting from lower prices on newly constructed properties, according to a report by Realtor.com.

Sellers spend an average of $18,000 to sell their homes



Selling a home in the U.S. costs an average of $18.342 according to a new study on the hidden costs of selling carried about by Zillow and Thumbtack.

Zillow study shows rents less affordable in minority areas



Monthly rent is a bigger financial burden for people living in predominantly black or Hispanic neighborhoods than it is in white neighborhoods

Down payments needn’t be a drag on first-time buyers



The vast majority of first-time home buyers say a lack of funds for a down payment is the main reason why they’re yet to make a move in the property market, but many don’t realize that not everyone needs to pay 20 percent down to move forwards.

Nationwide home prices likely to surpass pre-crisis levels in 2017



There’s good news in store for homeowners as 2017 kicks into gear – home prices were felt across the nation over the last year, and experts from CoreLogic say that trend is likely to continue for some time to come.

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