The real estate market is evolving, with millennial buyers now comprising the most active demographics of home buyers for the sixth consecutive year, according to research from the National Association of Realtors®. These buyers are often attracted to the character and price of older homes being sold by downsizing baby boomers, creating opportunity for home […]
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In the realm of real estate, most brokers and home buyers often prioritize big things like the location of the property, says Kelli Howison of Windermere Real Estate. However, there are a lot of other factors that are involved in how buyers choosing property—especially when they factor in the needs of their children. So if […]
Italy Sotheby’s International Realty and Concierge Auctions Announce Strategic Alliance Two notable real estate leaders, Italy Sotheby’s International Realty and Concierge Auctions, have embarked on a strategic alliance in which Concierge Auctions will be the preferred auction provider to Italy Sotheby’s International Realty, which, in turn, will be Concierge Auctions’ main reference for the Italian […]
Homes.com research reveals striking demographic shifts in home purchase patterns. Generation Z, 18- to 24-year-olds who are entering the age bracket for first-time homebuying, is the first generation in American history with a preference for buying homes in culturally diverse neighborhoods, according to a recent Homes.com survey.
A recent study finds that median home prices have increased at four times the rate of household incomes since 1960. Another study finds the share of first-time homebuyers in the number of total sales has dropped from 50% in 2010 to 33% in 2018.
Redfin, Opendoor Partner in Phoenix and Atlanta A new partnership between tech-powered brokerage Redfin and iBuyer Opendoor will bring a collaboration of sorts in Phoenix and Atlanta. Buyers in those markets can now request an Opendoor offer through Redfin’s site and mobile apps.
Phil Barru
Delivering Good, Old-Fashioned Customer Service David Flory, team lead for The Flory Team at RE/MAX Professional Group in Cypress, Texas, shares the strategy that earned him a spot on the REAL Trends + Tom Ferry The Thousand.
Commissions are Leading Consumer Complaint of Homebuying Process ShelterZoom, a blockchain-powered real estate platform, surveyed more than 1,000 U.S. consumers to determine the leading reasons for dissatisfaction. Real estate commissions top the list.