New-Home Sales Slide 0.4 Percent
For the third month straight, new-home sales slipped, according to the Commerce Department’s December report. The Breakdown New-Home Sales (Annual Rate): 694,000 -0.4 percent month-over-month (Dec. 2019/Nov. 2019) +23 percent year-over-year (Dec. 2019/Dec. 2018) For-Sale Inventory: 327,000 Months’ Supply: 5.7 Average Price: $384,500 Median Price: $331,400 What the Industry’s Saying “New-home sales were effectively flat in December, after downward […]
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New Retirement Rules Could Help Boost Your Savings: 5 Things to Know
(TNS)—The rules of the retirement game just saw a sizable overhaul in Congress, giving a nod to the reality that many Americans can’t afford to quit working. The changes aren’t massive enough to put to rest concerns about an upcoming retirement crisis where some forecast a growing gap between the haves and have-nots. Even so, […]
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Staying Ahead of the Competition
Joseph Madaio Co-Owner/Broker Sal Carola Co-Owner/Broker Robert Coppolino Co-Owner/Broker Brokerage: RE/MAX Elite Based In: Brooklyn and Staten Island, N.Y. Region Served: New York metropolitan area Years in Real Estate: Joseph: 35; Sal: 16; Robert: 16 Number of Offices: 4 Number of Agents: 100 You are three equal partners in your RE/MAX brokerage. How is your […]
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Women in Real Estate: Yale Report Underscores Wide Gender Gap in Home-Buying Trends
The real estate playing field isn’t level for women and men, a new study shows. A recent report by Kelly Shue and Paul Goldsmith-Pinkham of the Yale School of Management, “The Gender Gap in Housing Return,” with data from CoreLogic, analyzed over 50 million home sales between 1991 and 2017. Results indicated there are significant […]
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Existing-Home Sales Track Up 3.6 Percent
To cap off 2019, existing-home sales tracked up, according to the December National Association of REALTORS® report this week. December’s adjusted annualized rate of sales totaled 5.54 million, climbing 3.6 percent month-over-month and 10.8 percent year-over-year. Across all house types (single-family, condo, co-op and townhome), the median price was $274,500—a 7.8 percent increase year-over-year, according […]
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How Your Online Content Nurtures Relationships in the Luxury Market
In 2020 and beyond, having a clear understanding of how digital marketing can grow your business will be vital to your success. Adapting to real estate market trends in the luxury market like these can ensure your longevity as an agent or broker and make it easier for clients to find you. However, there’s still […]
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2020 Real Estate Newsmakers: The Luminaries and the Trendsetters
Accomplishments in business. Charitable contributions. Daring leadership. Out-of-the-box thinking. Over the course of the past year, RISMedia’s 2020 Real Estate Newsmakers contributed to the housing industry in numerous ways, bettering their communities, consumers and larger sphere, across eight categories: Achievers, Crusaders, Futurists, Influencers, Inspirations, Luminaries, Trailblazers and Trendsetters. Here, we showcase their stories. Merri Jo […]
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Encourage Your Agents to Invest
NAR PULSE—The Center for REALTOR® Financial Wellness is here to help with resources related to real estate investing. Topics include: REIT, 1031 exchange basics, investing risks and saving strategies. Tell your agents to log in today and start ensuring their future financial security. Eye-Catching Savings Make Agents Smile Are your agents taking advantage of the […]
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2020 Real Estate Newsmakers: The Inspirations and the Trailblazers
Accomplishments in business. Charitable contributions. Daring leadership. Out-of-the-box thinking. Over the course of the past year, RISMedia’s 2020 Real Estate Newsmakers contributed to the housing industry in numerous ways, bettering their communities, consumers and larger sphere, across eight categories: Achievers, Crusaders, Futurists, Influencers, Inspirations, Luminaries, Trailblazers and Trendsetters. Here, we showcase their stories. Scott Furman […]
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Celebrating 40 Years: RISMedia’s John Featherston Reflects
(Above) Scenes from my desk during the company’s early days Editor’s Note: In 2020, RISMedia is commemorating our 40th year, and celebrating our incredible milestone with photos, stories and more, in Real Estate magazine and on RISMedia.com. We extend our gratitude to our partners for their steadfast support, and to you, our readers, for allowing […]
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