Housing subsidies are going to wealthy homeowners at nearly twice the rate of low income rentersThe United States government spends nearly twice the amount on housing subsidies that favor the rich over the section 8 housing program for low income Americans, a new report finds—$71 billion compared to $29.9 billion in 2015, the report from the website Apartment List found.Credit: Apartment ListAs the country heads towards a likely partisan deba
Looks like haunted houses don't scare off all buyers, according to realtor.comThis Halloween, consider mentioning any (friendly) ghosts and goblins that may have taken up residence in one of your listings — as it turns out, more than half of buyers are open to living in a haunted house.In September, realtor.com conducted a Haunted Real Estate survey where 1,000 respondents shared their opinions on living in a home with a “few extra guests.”
Listing descriptions are your opportunity to grab potential buyers’ attention, don’t mess it upKey Takeaways Avoid vagueness, writing in caps, misspellings, grammar mistakes and repetitions. Be brief, use lists and bullets and create a compelling call to action.First impressions are critical in real estate. You only get one shot to impress sellers enough to hire you and one chance to put the home on the market.A crucial aspect of marketing a
Don’t just throw spaghetti at the wall -- create value with your messageKey Takeaways Make sure your online marketing plan is in sync with your overall business goals, and be consistent.In today’s ever-changing, digital marketing landscape, you have to have an online presence, or you’ll get passed by.But not knowing where to start and feeling like you have to do it all to be successful leaves many real estate agents frustrated and intimi
Many of the nation’s premier urban meccas come at a steep price to home buyers and renters. But researchers at realtor.com® have pinpointed affordable alternatives to the country’s hottest locales.They uncovered budget-friendly counterparts to some of the nation’s most expensive metros, referring to them as “metro matchups.” They are places comparable to urban meccas in many ways but whose housing prices largely remain below $350,000.
Builders are paying more for new-home lots, and those expenses will be passed on to home buyers. Single-family lot prices remained at record levels last year, with half costing $45,000 or more, according to a National Association of Home Builders analysis of Census Bureau data. It’s the second consecutive year that lot prices have been at record highs; the previous record was in 2006, during the housing boom, when lots averaged $43,000.Rising l
Baby boomers say they want to move to a home that has a multicar garage and that’s near their grandchildren, according to the latest Del Webb Baby Boomer Survey, sponsored by national home builder PulteGroup Inc. The age at which baby boomers expect to retire is getting younger, down from 65 in 2013 to 63.7 in 2017, according to the survey of more than 1,000 adults between the ages of 50 and 65. Thirty-eight percent say they plan to purchase a
Single-family rentals are the fastest-growing segment in the housing market, outpacing owner-occupied single-family homes and all multifamily housing, according to the Urban Institute. Single-family rentals now account for 35 percent of the country’s 44 million rental units.That figure is likely to increase, according to a panel of experts hosted by the Urban Institute’s Housing Finance Policy Center. Changing demographics and housing market
Areas of California affected by wildfires may have an inadequate supply of emergency housing for victims because those markets were already facing severe inventory shortages, industry experts warn. The fires have torn through Northern California’s wine country, destroying thousands of homes and businesses. In particularly hard-hit Santa Rosa, rents are already among the highest in the country. Inventory shortages and skyrocketing home values th
Family members of Arkansas real estate agent Beverly Carter, who was murdered in 2014 after being kidnapped from a rural property outside Little Rock, have brought a wrongful death and negligence lawsuit against her brokerage, Crye-Leike. The family alleges that the company failed in its duty to properly train Carter to avoid life-threatening situations in the course of her real estate work. Carter is survived by her husband and two sons, though
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