A new Redfin report shows homebuyers now need a household income of $115,000 to afford a median-priced home. That’s roughly $40,000 more than the typical U.S. household earns.
Brock Johnson shared the news in an IG Reel: business accounts can now be verified on Instagram. For $25 a month, businesses and brands can get the blue checkmark, plus imposter protection, improved security, and 24/7 access to the Instagram help desk.
On day one of the Sitzer/Burnett trial, jury selection took several hours as lawyers for both sides reduced a jury pool of around 80 to nine. And a pro-plaintiff Wall Street Journal article published the day before could make it difficult for jurors to avoid external bias.
On Monday, October 16, the Biden-Harris Administration released data on its investment in housing affordability and announced new initiatives to further support homeownership and make it accessible to more Americans.
Byron Lazine and Tom Toole hosted a business planning webinar and provided free downloadable planning tools to help you create an effective business and life plan for 2024.
This week in BAM (October 9–13), we have rapport-building tips, a script to use with seller/buyers this fall, a NAR timeline, PR lessons from NAR’s response to allegations, a hidden sales superpower, lagging Instagram Reels, and a little-known hack for Instagram bios.
A new report from StorageCafe shows an increase in state-to-state migration and highlights the ten states with the highest net migration rate. Four of those are in the Mountain West region, with Idaho at number one.
Here’s a timeline of recent events and changes facing the National Association of Realtors® (NAR), along with its reactions.
Housing market updates from Zillow and Redfin show a decline in home values from August to September, an uptick in annual price growth, and a slight increase in active listings as elevated mortgage rates drive buyers away from the market.
A survey from Realtor.com and Censuswide shows one third of prospective homebuyers are moving in with relatives to save for a home. Buyers are also choosing to live with or near family, with the majority of those citing childcare costs as a primary reason.
In last week’s Knowledge Brokers Podcast, Byron Lazine and Tom Toole worked on a script to present to homebuyers who could buy their next home with cash if they sold their home today.
A recent Forbes article shows the average annual income by state for real estate agents, highlighting the ten states where agents earn the most on average, the ten where they earn the least, and seven states where annual income rose more than 20% in one year.
