Your clients may one day live in a battery-powered home, and that’s getting closer to reality for homeowners in New York, California, Massachusetts, Hawaii, Vermont, and Arizona. Many municipalities in those states are revamping their electrical grids and turning to batteries to make them more efficient. But the average homeowner likely won’t notice the change. Most plans call for batteries to be tucked into a sort of neighborhood junction bo
One of the biggest segments of new renters is empty nesters ages 55 and up, as multifamily developers reconsider their original focus on millennials. Between 2009 and 2015, the number of renters older than 55 increased 28 percent, or 2.5 million—the largest uptick of any age group, according to data from rental listing site RENTCafé. Meanwhile, the number of renters ages 34 and younger rose just 3 percent during the same time period.“Loweri
The city of Austin, Texas, has been named the “most changed” in the country over the last decade, with the most dynamic transformations to its housing market, incomes, crime rates, and economy compared to any other large U.S. metro, according to a new analysis by MagnifyMoney, a subsidiary of LendingTree. In fact, several Texas cities topped the list of most evolved economies and housing markets in the last 10 years.MagnifyMoney analyzed dat
Listen to your clients, and give them what they ask forKey Takeaways It’s basically about being considerate of your clients’ needs; respond, show up on time, listen and be a good agent.The last thing you want to do is upset your real estate clients. Satisfied clients refer more business your way, and happy clients go a long way in making your job more enjoyable.If you’ve ever sensed annoyance, anger or frustration in your client’s demea
Towns in Texas, Michigan and Colorado offer affordability and lifestyle perksRealtor.com has announced its 2017 hottest ZIP codes, and 10 Texas, Colorado, Michigan and California towns dominated the list.Realtor.com analyzed 32,000 ZIP codes based on the time it takes properties to sell and how frequently homes are viewed in each ZIP code. Homes in each of the markets in this year’s top 10 list sold in an average of 21 days — 29 days faster t
Networking and building relationships are the core of a satisfying real estate career, and the more people you meet, the more confident you will becomeWhen the market slows what’s a new real estate agent to do? The answer is simple: Embrace the down time and revamp your career. This is the perfect time to optimize your efforts by planning, polishing your presentation tools and implementing systems.Here’s a list of the top nine activitie
White-glove service, a trusted brand, top-notch amenities -- a look inside a new LA hotel residence projectLuxury real estate agents may have recognized the growing demand for hotel residences that offer turnkey, highly serviced, amenity-rich lifestyles.The increasing popularity of hotel residences give agents more choices when hunting for a condominium or lock-and-leave home for on-the-go clients, whether they’re looking for a first home, seco
WeChat is China's most popular app, and U.S. agents should check it outLOS ANGELES — The number of international buyers of U.S. properties has grown in recent years — up to a record 284,455 residences sold for $153 billion in total between March 2016 and 2017, according to a recent report from NAR.And the largest chunk of that spending came from Chinese buyers, who paid a whopping $31.7 billion for U.S. residences. Clearly, luxury listing
Following three consecutive months of declines, existing-home sales ticked up in September from the previous month—but ongoing inventory shortages, coupled with recent hurricanes, muted any annual gains, the National Association of REALTORS® reported Friday.Total existing-home sales, which include single-family homes, townhomes, condos, and co-ops, increased 0.7 percent to a seasonally adjusted annual rate of 5.39 million in September, 1.5 per
Home buyers in different regions of the U.S. pay vastly different prices per square foot. The median price per square foot on a new single-family home ranges from $81 to $150 across the country, with the highest being in New England, according to a National Association of Home Builders analysis. The Pacific Division of the country has the second highest median price, at $138 per square foot. On the other hand, the lowest median prices can be foun
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