Expensive mortgages, rents and other housing expenses are already challenging for many Americans. But facing things alone presents a bigger challenge for single individuals, according to a report released Wednesday by Redfin. The report from the Seattle-based real estate brokerage highlighted household capabilities for handling mortgage and rent payments. The report used data from a…
"Şubat 5, 2025" Arşivleri
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Recent natural disasters — such as the LA wildfires — show that climate change risks can shift the real estate and mortgage industries on a dime. And these changes could be extremely costly. According to a new study, climate-induced shifts could significantly lower property values over time. But this could have a double-edged effect, depending…
Today, the Census Bureau reported the homeownership rate at 65.7%. Are we becoming a renter nation like many people are saying? Let’s look at the data. Household formation Let’s first talk about household formation. I have a simple model (even more appropriate before Valentine’s Day). My American housing demographic model shows that Americans: Rent Date…
The formula for success in real estate couldn’t be more straightforward. Do simple things every day — and do them 10% better than the average agent. Fancy fails. Simple scales. Why only 10% better and not 60% better? Let’s not sugarcoat reality. Seventy percent of Realtors in your market are terrible at their jobs. They…