ATTOM released its Q1 2023 Single-Family Rental Return Market report, showing an increase in returns on single-family rentals. Rents are growing faster than home prices in most of the U.S. and faster than wages in two-thirds of the markets analyzed.
Black Knight is one of only six vendors approved by Fannie Mae to support their new home valuation option: value acceptance plus property data.
The Realtor.com® February Rental Report shows a decline in rent affordability, with February marking the seventh consecutive month of single-digit rent increases for 0-2 bedroom units and accelerated rent growth for two-bedroom units after 12 months of slowing.
According to the National Association of REALTORS® (NAR), existing home sales increased 14.5% month over month in February but fell 22.6% year over year. Meanwhile, inventory remains low and higher mortgage rates are keeping sellers on the sidelines.
The 2023 Remodeling Impact Report: Outdoor Features by NAR/NALP revealed the contrast between REALTOR® recommendations for improving a home’s curb appeal and homeowners’ assessment of the emotional impact of each project.
A new Redfin report for February 2023 shows the first annual drop in home prices since 2012, with sales in San Jose and Austin falling 12 times faster than the national average.
The NAHB/Wells Fargo Housing Market Index (HMI) rose two points to 44, marking the third consecutive monthly increase in homebuilder sentiment levels.
A new Redfin report shows a rise in seller concessions — with 45% of sellers providing incentives for buyers, with a record 13% of sales involving both price cuts and concessions.
According to Realtor.com, the best time to sell property in 2023 is April 16-22, which offers the best combination of market conditions, as long as sellers prepare for listing with calculated repairs, valuable updates, and effective marketing tactics.
Here are the top 20 most competitive rental markets, according to the Rental Competitivity Report by RentCafe. while the rental landscape has shown some improvement compared to a year ago, rental competition has significantly increased in the nation’s largest rental hubs.
OpenAI GPT-4, the newest iteration of OpenAI’s Large Language Model, is arriving this month. And it’s multimodal, presenting yet another challenge to one of its most publicized rivals, Google’s Bard.
Here are 10 skills every real estate agent needs to develop to build trust, grow their business, and succeed in the industry.
