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.
The top 3 most and least affordable metro areas in the U.S.
November 15, 2018 by
Mortgage rates comparison website HSH.com has just published a new analysis showing the required annual salary needed to afford a median priced home in the nation’s top 50 metro areas. There’s good news for anyone living in Pittsburgh, Oklahoma City and Cleveland, which were rated as the top three cheapest metro areas for those looking
SmartAsset study reveals cities where rents are getting cheaper
November 18, 2016 by
Rents are increasing across the nation due to the inability of many potential home buyers to secure a mortgage, or so you thought.
Realtors Get an Income Bump, reports NAR
May 22, 2014 by
With a rise in sales and home prices, Realtors are seeing a boost to their incomes. The median gross income of a Realtors rose 9.6 percent in 2013, averaging $47,700 in 2013 compared to $43,500 in 2012.
Affordable Homes Falling Farther Out of Reach for Californians
November 15, 2013 by
While increasing home prices are encouraging for homeowners and sellers, a rising number of Californians are unable to join the ranks of homeowners as prices continue to fall out of reach, according to the California Association of Realtors. Just 32 percent of Californians could afford a median-priced, existing single family home in California during the
