It depends who you ask – and estimates vary widely. Five reliable sources, including realtor.com, say the housing shortfall ranges from 1.7M to 7.3M homes.
What should your day look like if you want to find success in real estate? Here’s an example, complete with the must-do activities.
Four ways to put your passion into action and increase your brand awareness in your market at the same time.
Florida Realtors: Single-family sales fell 15% year-to-year, median price up 2.1% to $405K, inventory at a 2.7-months’ supply. 1Q 2023 housing data saw similar trend.
An increasing percentage of investors lost money on a home sale or two. In Fla., Jacksonville saw a greater share of investor losses while three S. Fla. cities saw less.
Show your local market expertise to buyers and sellers with custom reports and graphics using free Florida Realtors® SunStats® data.
Microsoft’s Bing AI ChatGPT is similar to a virtual assistant you don’t have to pay. It can have human-like talks with clients and keep an agent organized.
U.S. sales are “highly sensitive to changes in mortgage rates” says NAR Economist Yun. March inventory rose a meager 1% and prices were down 0.9%.
NAR: Warehouse, land and storefront demand rose since 2021 but resulted in fewer CRE purchases. Where legal, landlords report fewer addendums banning use.
Lenders are skittish due to a bank run and higher interest rates. As a result, they raised the bar for loan approvals to businesses and homeowners.
