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An Irish immigrant to the US who is now a real estate broker shares his opinion on what makes the MLS model work so well.

In this edition of RealTrending, Steve Murray, senior advisor to RealTrends, shares his thoughts the shifting market, the only real key to real estate success and the shift in how investors are valuing brokerage firms.

Beringer Capital, a North American private equity firm specializing in the media, marketing services, and technology sectors, today announced that it has acquired real estate media company Inman Group.

Real estate investors purchased 67,943 U.S. homes in the second quarter of 2021, the highest quarterly figure on record, according to Redfin. To break it down, investors bought a record $48.5 billion worth of homes in the second quarter.

Sales success can come in many different ways, but there are fundamental actions real estate professionals can take to boost their chances of being on top.

Due to an increase in housing inventory, existing home sales increased in June, jumping 1.4% from May to a seasonally adjusted annual rate of 5.86 million.

Realogy, the real estate and relocation services company, looks to boost its leadership with the appointment Caitlin McCroy to steer the company’s industry relations function.  

RealTrends Market Leaders ranks the top residential real estate firms in over 160 different metropolitan areas based on 2021 RealTrends 500 brokerage rankings.

Market conditions in the United States are overall good, but certain midwest, northeast, and Florida counties are considered at risk for pandemic-related market problems, such as foreclosure spike and underwater homeowners, according to a recent report by CoreLogic. 

Big city life isn’t for everyone. With significant savings, hard-working people want to see their money working for them in this wild, wild west of a housing market. The world is still recovering from a pandemic and people have made notable lifestyle changes. Fewer people need to live close to their jobs and don’t miss the congestion of large metropolitan areas.