One third of Realtors say they've faced some type of safety threat in the field, according to NAR's latest Member Safety Report. In response, NAR is making it easier for members to alert each about potential threats through a new Realtor Safety Network.
According to New York Federal Reserve Bank economists, capital costs after the 2017 Tax Cuts and Jobs Act appear to have increased from 1% to 5% for homes if the amount borrowed for financing exceeds $750K – one variable leading to the current slowdown
A 34-year-old Illinois firefighter bought his first house right out of college and now owns and manages 93 rental properties with an eight-figure total value. He does all rehab work and says his wife, a real estate agent, is the key to his success.
While not assured, the Florida Legislature appears closer to finalizing property insurance assignment-of-benefits reform this year after failing to do so in previous sessions. The sponsor of a Senate bill says it's now in agreement with the House.
Thanks to rising home prices and a limited inventory of homes at the entry level, 60% of first-time buyers will consider a home that needs TLC – and many would spend more than $20,000 on the renovation, according to a realtor.com survey.