2024

New York Single Family Home Market Up by Double Digits

According to OneKey® MLS (which covers southern regions of New York State such as Long Island, NYC and Westchester County), the regional, single-family, closed median sale price was $650,000 in February 2024, a year-over-year 10.5% increase over the price of $588,500 from February 2023.  Further details: For condominiums, OneKey MLS reported a closed median sale… The post New York Single Family Home...

Webinar Recap: Paths to Profitability—Rock-Solid Growth Strategies

In the latest RISMedia webinar—“Fundamentals of Success in 2024”—panelists Rick Haase, president of United Real Estate and chief operating officer of United Real Estate Group, and Lennox Scott, the third-generation chairman and CEO of John L. Scott Real Estate, discuss what brokers can do to continue to grow their businesses in 2024 and remain profitable… The post Webinar Recap: Paths to...

HomeServices Targets New Trial Date; Keller Williams Charts Path Forward

HomeServices, as the last remaining defendant still fighting the two oldest and most advanced commission lawsuits, will likely have an outsized say in the timing of a potential trial—and appears to have settled on a date. According to a filing in federal court on Monday, March 25, the company is aiming for a trial starting… The post HomeServices Targets New Trial Date; Keller Williams Charts Path...

Consumer Confidence Sees Little Change in March

Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January’s two-year high. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55,” said Dana… The post Consumer Confidence Sees Little Change in March...

Case-Shiller: Home Prices Continue to Trend Upward In January

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6% annual gain in January, up from a 5.6% rise in the previous month. The data released March 26 shows that three out of the 20 major metro markets reported month-over-month price increases. The 10-City Composite showed… The post Case-Shiller: Home Prices Continue to Trend Upward In...

The Best Time to Sell Is Fast Approaching

For those looking to sell their homes and maximize on profit, the time to do so is just around the corner. In fact, according to a new realtor.com® report, the week of April 14 – 20 is shaping up to be the best time to sell and maximize ROI in 2024.  After looking at seasonal… The post The Best Time to Sell Is Fast Approaching appeared first on...

KW Profit-Sharing Cuts Violate Contracts, Former Agents Claim

Three former Keller Williams agents are suing the company over a recent change to its profit-sharing program, claiming that recent changes to profit-sharing programs that reduce payments to certain agents violate contracts—and the law. Robert E. Hill, David L. Bueker and Jerri L. Moulder filed seemingly separate, class-action lawsuits in three different federal courts within… The post KW Profit-Sharing...

What Are the Benefits of a Modular Home?

Built in sections at a factory and assembled on-site, modular homes offer a unique blend of efficiency and customization. Their popularity stems from their ability to provide affordable, durable and sustainable housing options. We will examine the various benefits of modular homes and highlight why they are becoming a preferred choice for many. If you… The post What Are the Benefits of a Modular Home?...

Dynamic Boston Team Hones in on Bilingual Service

Above, Peggy Pratt Born and raised in Boston, the bilingual daughter of Colombian immigrants, Peggy Pratt was managing a bar by the time she was 18, adding food service to bolster profits and giving customers what they wanted. Unbeatable service is still the life-long goal for Pratt, who leads by example, vaulting her five-person Boston… The post Dynamic Boston Team Hones in on Bilingual Service appeared...

Home Prices Have Massively Outpaced Inflation

Inflation and home prices: two large barriers for Americans in living their dream lives. While they both are very present issues, one has had a much stronger impact due to its drastic growth rate. Home prices have risen 2.4x faster than inflation since the 1960s, according to a new analysis from Clever Real Estate. To… The post Home Prices Have Massively Outpaced Inflation appeared first on...

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