According to a new report by Point2, the number of millionaire U.S. homeowners—as well as the number of millionaire homeowner households—have more than quadrupled from 2017 to 2022.
According to a new Redfin report, home prices are not falling in any U.S. metro for the first time since July 2022. In related news, the national median monthly mortgage payment climbed 15% year over year, reaching an all-time high.
The actual house from the hit series “Full House” is up for sale with images of its modernized interior available for all to see. But folks on Instagram are sharing their thoughts on the aesthetic that, for many, falls far short of what they remember from the show.
In this week’s BAM interview, Byron Lazine spoke with Latter & Blum CEO Lacey Conway on some big questions circulating among real estate professionals—including those on the NAR settlement. And the conversation gave us plenty to think about.
Realtor.com®’s March 2024 Rental Report shows a $5 annual drop in the median U.S. asking rent to $1,722—up $14 from the previous month.
According to a new survey from Clever Real Estate, prospective buyers need to earn at least $119,769 annually to afford a median priced home at $332,494 with a 10% down payment. That income is $45,000 more than the median U.S. household income.
A new ATTOM report shows a quarterly and annual drop in profit margins from home sales in 89 (or 66%) of the 134 U.S. metros analyzed. Sixty-three of those metros reported annual increases in seller profit margins.
New York-based Douglas Elliman is the latest real estate firm to settle, agreeing to pay $7.75 million within 30 days of the proposed settlement’s preliminary approval, followed by two additional payments of $5 million each over the next three years.
Jordan Cohen is the number one RE/MAX agent six years in a row, author of The Agent’s Edge, and a legend in the BAM community. He joined us on BAMfest for a fireside chat with Byron Lazine, where he shared several scripts worth adding to your toolbox.
According to new Zillow research across 26 major U.S. metros, a majority of respondents (57%) say they have experienced housing discrimination. But only 42% say fair housing policies impact them and their families.
DJae Melee, aka Jason Palermo, who opened for BAMfest on April 17th, made a special announcement this week on Instagram. And it’s a big deal for any agent hosting open houses.
Charles “Todd” Hill, former star of HGTV show Flip It to Win It, has been sentenced to four years in jail for real estate fraud and ordered to pay restitution amounting to nearly $10 million to his victims.
