By Tracey Hawkins In recent months, there has been a spate of crimes against real estate agents, including murder, armed robbery, shootings and alleged racial profiling incidents. On the eve of September—Real Estate Safety Month—it's important to note that male real estate professionals were the target of these recent crimes. Prior too these recent incidents,...
Michael Alderson, 66, of Anaheim, California, was shot and killed on August 7 amid an alleged dispute involving siblings and their home’s sale. “Based upon the preliminary investigation, it is believed that the shooting was related to a family dispute pertaining to the upcoming sale of the residence,” Huntington Beach Police Capt. Tim Martin said. “A group...
It’s hard to believe the COVID-19 pandemic has been a fixture of everyday life since March 2020. While much of the U.S. has returned to some semblance of “normalcy,” highly infectious variants such as Delta threaten to curb back some of the newly-gained momentum, and a huge swath of the industry is concerned, according to new RISMedia survey results. RISMedia...
In today’s real estate market, one generation stands apart in their desire to move into a renovated home: millennials. It’s unsurprising that more than one-third of the generation who grew up with Instagram and Pinterest are more likely to seek out an upgraded home compared to other generations. This data is according to a recently released survey of more than...
By Jordan Grice This year’s spring market was one for the history books as price spikes for single-family homes persisted in May. According to the most recent S&P CoreLogic/Case-Shiller Indices, home prices saw a 16.6% gain in May, up from 14.8% in April. The price surge marked the second consecutive month of record-setting performance, according to experts. All...
Commentary by NAR President Charlie Oppler As a small business owner and president of the National Association of REALTORS® (NAR), I want to set the record straight on misconceptions by some about the real estate industry. Commissions for real estate agents and brokers are negotiable. Always have been. Always will be. Let’s put that on the table right now. Like...
Black homeownership rates have dropped dramatically over the past 15 years, from 48% in 2005 to approximately 45% in 2020. According to the Biden administration, student loan debt is a major contributing factor. Through the Department of Housing and Urban Development (HUD), President Biden plans to address this issue head-on. In June, The Wall Street Journal first...
A White House infrastructure bill could reach the Senate as early as July 19, according to multiple House and Senate Democratic sources. While the language of the bill is still in the works and will be up for debate, a White House Fact Sheet released at the end of last month included the following targets: – Modernize and expand transit and rail networks across...
By Lizzie Weakley If you're reading this right now, you're digging for information. Right now, there are millions of people doing the same thing. The internet is a dominant tool of our times, and thus it shapes markets. Real estate markets are no different. The internet has the highest ads leading to inquiries than all other advertising mediums. Some five million...
By Jordan Grice The red-hot housing market has been the shining light in the nation’s post-pandemic recovery. But, real estate experts say it’s only a matter of time before the urban rental market follows suit. “From what I’ve read, the apartment market is recovering,” says Gay Cororaton, senior economist and director of Housing & Commercial Research...
