
The Biggest Barriers to Homebuying for Millennials
A new report from Real Estate Witch shows high interest rates are the number one barrier to homeownership for millennials, followed by high home prices and saving for a down payment.

A new report from Real Estate Witch shows high interest rates are the number one barrier to homeownership for millennials, followed by high home prices and saving for a down payment.

In the first BAM webinar of 2024, Toronto real estate team leaders Tom Storey and Emma Pace shared three free lead sources, starting with a 4-question email Tom gets great results with every year.

Welcome to the BAM list of 11 personal habits that help real estate agents make more money. Because every habit has the potential to either propel you forward or hold you back.

The Real Brokerage announces two new programs for real estate teams and brokerages—Private Label and Pro Teams.

United Van Lines released their 47th Annual National Movers Study, showing where (and why) Americans move.

Lance Lambert, founder of ResiClub, appeared on last week’s Knowledge Brokers Podcast to discuss, among other things, the ‘silver tsunami’ theme in real estate and Meredith Whitney’s projections on housing supply in 2024.

A new Redfin report shows the U.S. asking rent dropped for the third consecutive month, falling 0.8% year over year in December 2024 to $1,964. By region, asking rents rose in the Midwest and Northeast; they fell in the West and South.

Zillow released its top 10 list of the hottest real estate markets for 2024, and Buffalo, New York sits at number one, followed by Cincinnati, Columbus, and other relatively affordable U.S. metros.

This week in BAM brings our first 2024 BAM event announcement, the ‘silver tsunami,’ a notable drop in NAR membership, two of the best ads for Instagram, 4 tips for mastering time management, how to leverage social media for geographic farming, and more.

Kansas City real estate agent Kyle Talbot posted an Instagram Reel on Kansas City neighborhood stereotypes, featuring AI-generated images. And his audience is asking for more.

Membership for the National Association of Realtors (NAR) fell by more than 17,000 from November to December 2023 and ended the year with a loss of over 26,000 members—the first annual drop since 2012.

A new Redfin report shows just 16% of homes listed in 2023 were affordable for the typical homebuyer—the lowest share on record, down from 21% in 2022. Affordability is expected to improve in 2024 as mortgage rates drop and supply increases.