Strong buyer demand this spring is pushing home prices up at double the rate of increase in income growth, The Wall Street Journal reports. The median price of an existing home for all housing types was $236,400 in March, up 6.8 percent from a year ago, when it was $221,400, according to the National Association of REALTORS®. Incomes, meanwhile, increased 3 percent in February from a year earlier, according to the Labor Department."Bolstered by
For the first time in a decade, more new households chose to buy a home rather than rent one in the first quarter of 2017, according to Census Bureau data. About 854,000 new households purchased a home—more than double the 365,000 new households who chose to rent. New homeowners have not outpaced new renters since the third quarter of 2006.The overall homeownership rate in the first quarter of 2017 was 63.6 percent, down slightly from 63.7 perc
Twenty-three percent of real estate professionals say they faced closing delays for a transaction in March, and 7 percent say the sale contract was terminated altogether, according to the REALTORS® Confidence Index, which is based on responses from more than 2,500 REALTORS® nationwide. Clients who had trouble obtaining financing was the most common reason for delays, respondents to the survey say, followed by appraisal issues.Though it remains
"That's All Right" is a song written and originally performed by blues singer Arthur Crudup. It is best known as the first single recorded and released by Elvis Presley. Presley's version was recorded on July 5, 1954, and released on July 19, 1954 with "Blue Moon of Kentucky" as the B-side. It is #113 on the 2010 Rolling Stone magazine list of the "500 Greatest Songs of All Time".iPro Real Estate was founded on the idea of building a better livi
Marrying old-school approaches with today’s hottest tech tools is a win-win for your businessKey Takeaways The one thing that is always in demand with homeowners is a home valuation, but agents can go above and beyond by providing an equity checkup to potential clients.Do you know what the No. 1 listing lead generation strategy is that works better than Facebook ads, SEO or anything else you can do? Almost everyone uses it, but now you can turn
As a real estate professional, there will always be more to learn. The actual act (and art) of selling a home isn’t too hard. It’s everything else you need to do to have a successful career in real estate that proves more difficult.Think about it. Even if you have the most amazing brokerage support in the world and the deepest network of experts to assist you, you still have to understand, manage, and work toward mastering: Business mana
iPro Real Estate was founded on the idea of building a better living with champion service. We focus on incorporating and mastering the latest technologies and procedures keeping you above the crowd. Our team of professionals set a stronger standard of business, abide by a strict code of ethics and give superior service.AGENT PROFILE SYSAll the great benefits are conveniently accessible in the online agent profile system.TRANSACTION MGMT New and
Making room for kids just takes a little creativity.When “Hart of Dixie” star Jaime King purchased her first home in Beverly Hills at 24 years old, she immediately felt at home.So when she and her husband, Kyle Newman, had their first son, they decided to update the home they love to make room for their growing family.A reimagined garage Looking to create both a play space and guest suite, Jaime and Kyle separated their garage into three sect
With perfectly framed views of Griffith Observatory, the flapper-era mansion includes many personal touches.King of the Nerds Chris Hardwick and his wife, Lydia Hearst, have a unique home style described by Chris as “Victorian gentleman serial killer.” Their 8,240-square-foot home is full of one-of-a-kind details, and he invited us in to see them.Source: zillow.com
Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments.Lenders can offer a wide dispersion of rates, up to 50 basis points or 0.5 percent, after controlling for factors like the borrower’s down payment and credit score. That could be the difference between a 3.5 percent versus a 4 percent mortgage rate, according to a recent study by two economists at the Consu
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
