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The single-family highest level starts since 2007
But the pullback in completions points to the challenges facing homebuilding Single-family housing starts continued their seven-month climb in November, coming in to the highest level since 2007, according to the Census Bureau. Housing starts rose 1.2% in November compared to October and are up 12.8% year over year to a seasonally...
A 10-Year low on Manhattan rents
New York City rents have fallen farther this year than they did during the Great Recession, according to a report released today by real estate listings site StreetEasy.  Manhattan rents fell 12.7%, compared to dropping 10% around the recession that started in 2008, with the median asking rent reaching a 10-year low of $2,800 in November.
The year of the tech-enabled agent will be 2021
Learn how real estate tech is playing a role in the current housing boom 2020 was a year that forced a number of industries to modernize and adopt technologies that had been otherwise underutilized. For the housing economy in particular, tech helped to solve many of the challenges that COVID presented and allowed...
Builder confidence falls after successive months of record highs
The South, West and Midwest all continued to climb, though the Northeast struggled in December After three successive months of record highs, the National Association of Home Builders and Wells Fargo Housing Market Index measuring builder confidence fell four points to 86 in December. Though the index fell from it’s 35-year series high, it is still the fourth month...
Housing market in 2021 based on experts prediction
The housing market has been on fire this year with record-low mortgage rates and a sudden wave of relocations made possible by remote work. Home prices have continued to push new boundaries as buyer demand continues to surge. As we near the end of 2020, here’s a look at the expectations of real estate experts for 2021.
Luxury homes listing platform launched by Forbes
Forbes Global Properties is an invitation-only platform for homes $2 million and up A new, invitation-only home listing platform hit the web last week. Forbes launched a luxury home listing platform which the company says will capitalize on its audience and “connect, inform, and inspire high-net-worth potential homebuyers and sellers” about properties for sale around...
Tips on how to turn real estate into a fortune
Hundreds of courses claim to help you turn real estate into a seven-figure income, yet so few of them deliver on those promises. Real estate investors and agents will tell you that selling homes and properties isn't all that hard once you sort out the details. These experts have been working in the industry for so long...
Choices for investing in real estate - without flipping or renting
For real estate investors just starting out, one of the biggest misconceptions is that the only way to invest or make money is through flipping or being a landlord of single-family properties. That misconception likely draws from the countless infomercials, banner ads and social media feeds by real estate gurus inviting potential real estate...
Real Estate Agents becoming Virtual Sales Experts?
The emergence of Covid-19 pushed real estate agents into the great unknown of what home sales would look like for 2020. But by now, houses are selling at a faster rate than they did last year, according to data released by the National Association of Realtors. What has also accelerated is the use of virtual tours, remote sales and...
NAR: Remote work is not permanent
NAR's Chief Economist and other experts share their housing market predictions for 2021 Since the pandemic caused many employers to shift employees to remote work – some indefinitely – homeowners have left cramped spaces in large cities and retreated to more suburban and rural areas with bigger homes at a lower cost. At the National...
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