Canadian buyers are taking a breath as they wait to see where prices will land as the market normalizes, according to the Engel & Völkers 2022 Mid-Year Canadian Luxury Real Estate Market Report, a residential property analysis covering the markets in Halifax, Montréal, Ottawa, Toronto, and Vancouver.
Homeward Founder Tim Heyl talks about new trends in financing, why teams aren’t competition for brokers and innovation in the real estate industry.
In 2021, Langhauser’s team closed 198 transaction sides for a total of $65.2 million in sales volume, making them the No. 163 ranked small team in the 2022 RealTrends +Tom Ferry America’s Best rankings. The team is also No. 6 small team by transaction sides in the state of Maryland.
There’s no doubt about it – the housing market is slowing down. Pending home sales fell 8.6% in June from the prior month, according to data released Wednesday by the NAR.
As an agent, you have your own vision and goals, and many times those are aligned with a brokerage, but not in all cases. Those goals may also change, so it’s on you as an agent to determine when it’s time to move on.
Pandemic homebuying hotspots with steep home price appreciation are the most susceptible to a housing market downturn if the U.S. enters into a recession, according to a recent report from Redfin.
A new HUD report shows the sales pace for new homes slowed 8.1% from May in June, reaching a pace on par with that of April 2020.
As independent contractors, agents are not compensated for their gas expenses. To cope with high prices, some are consolidating showings, relying on virtual tours and help from colleagues.
For the first time since 2017, the national average commission rate ticked up slightly from 4.94% in 2020 (based on 2020 data) to 5.06% in 2021 (based on 2021 data). RealTrends has been tracking this information since 1991.
Luxury brokerage The Agency is exclusively representing fractional homeownership company Sonhaus in all of its sales and distribution in North America.
