The multifamily sector has seen a frenzy of apartment construction over the last decade, but it’s single-family homes that were the fastest growing type of rental between 2007 and 2016, according to a new study by RentCafe. Over the last decade, single-family rentals rose by 31 percent, while the multifamily sector grew by 14 percent. In net gain, the growth makes up 3.6 million units versus 3.2 million units added, respectively.Single-family r
President Donald Trump has threatened to impose a tax on steel and aluminum from China and other countries. Both sides have threatened to impose tariffs on multiple products. In reaction, the stock market has been volatile. But will the trade disputes leave Chinese buyers skittish about U.S. real estate?“At this point, most Chinese buyers are cautiously optimistic,” Carrie Law, CEO of Juwai.com, a Chinese international real estate website, to
A jury in California ruled that a Coldwell Banker real estate agent did not breach his fiduciary duty in a case involving discrepancies in a home’s reported square footage. The case stems from a dispute that arose after Hong Kong millionaire Hiroshi Horiike purchased a Malibu mansion for $12.25 million in cash in 2007. Chris Cortazzo, the listing agent, provided Horiike with a flier that stated the home had 15,000 square feet of living space
Austin, Texas, ranked number one for the second year in a row as the top place to live in the United States, according to new rankings released by U.S. News & World Report. The magazine ranks the 125 largest metros based on affordability, employment prospects, and quality of life each year.“When deciding on a place to settle down, it’s important to understand that where a person lives can impact their well-being,” says Kim Castro, execu
More generations are living under one roof together. A new analysis from the Pew Research Center shows that households with two or more adult generations hit an all-time high in 2016, using the most recent census data available for the analysis.The number of multigenerational households rose to an all-time high of 20 percent—or 64 million—of the U.S. population in 2016.The multigenerational household trend appears to be growing across nearly
If you want to get more prospects on your website this spring, you may want to take a closer look at your promotional efforts online. Forbes.com columnist Brad Keys recently offered a few of the best strategies for 2018 in getting more traffic to your website, including:1. Use hashtags.On your social media posts, make sure you include a proper hashtag to help promote it. “People have become increasingly picky about the content that they consum
You know those classic unsolicited emails from scammers posing as a Nigerian prince or a long-lost cousin? The ones with dreadful grammar, five different fonts, and three type colors? In some ways, we can consider those the good ol’ days of phishing scams, because they were quite easy to identify as false.Today, email scams are much more sophisticated, explained Katie Johnson, NAR’s general counsel and senior vice president of legal affairs
Police say they are continuing to get active new leads even seven years after a 27-year-old real estate agent was fatally shot at a model home in West Des Moines. Ashley Okland’s murder is still an open case, and no arrests have been made.“We just keep getting leads on it,” Lt. Anthony Giampolo with the West Des Moines Police Department told KCCI-8 News. “Maybe by reminding someone, maybe someone will say something that they know [can] he
When Bob Goldberg was named NAR CEO in 2017, it was with a pledge to move the association boldly into the future while honoring the successes of the past. Today, the association took a symbolic step, announcing the evolution of the iconic REALTOR® brand. The trademark “block R,” launched in 1973, will be transformed beginning this June into a three-dimensional logo.The new brand retains a comforting familiarity, employing the blue color pale
The Realtors Property Resource®, a real estate data and analytics platform, hit a record number of users in March, the National Association of REALTORS® announced. RPR is a subsidiary of NAR.The number of RPR users surged to a record 178,000, a 16 percent increase from a year ago. RPR webinars posted a 135 percent increase in registrations, and average attendance per webinar rose by 158 percent. The number of new accounts created in the first
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
