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For a growing number of homeowners, retirement isn’t some distant idea anymore. It’s starting to feel very real.According to Realtor.com and the Census, nearly 12,000 people will turn 65 every day for the next two years. And the latest data shows as many as 15% of those older Americans are planning to retire in 2026. And another 23% will do the same in 2027. If you’re considering retiring soon too, here’s what you should be thinking about.
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New listings surged nationwide in February, but the Northeast remained a stark outlier thanks to a historic snowstorm that effectively sidelined sellers—at least temporarily. Across much of the U.S., home sellers charged into the market in February, driving new listings up 2.4% year over year, totaling 362,180 new homes going on sale, and fueling a 10% surge […] The post New Listings Boom Nationwide—Except in Storm-Struck Northeast appeared first on MJ Agostini.
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As median U.S. home sale price rose 3% year over year to $420,846 in August, ‘sticker shock’ is pushing buyers to pull out of agreements Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal […] The post Buyers are getting cold feet as mortgage rates exceed 7%: Redfin appeared first on MJ Agostini.
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Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to […] The post Why It Makes Sense To Move Before Spring appeared first on MJ Agostini.
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If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure […] The post Why You Shouldn’t Fear Today’s Foreclosure Headlines appeared first on MJ Agostini.
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If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a […] The post The 3 Factors That Affect Home Affordability appeared first on MJ Agostini.
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Non-conforming mortgages have hit their highest share of originations since the 2008 housing crash. Here's what's driving the surge, why most analysts aren't panicking and what agents need to know.
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Compass didn't create off-market selling, Compass International Holdings Chief Economist Mike Simonsen writes. It created the first innovative, structured alternative to something the industry was already doing.
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Realtracs has rescinded its June 8 deadline, saying negotiations over its direct listing feed with Zillow are "active and productive."
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May closed sales hit a near four-year high, but pending contracts tell a different story. Here's what the latest Redfin and Freddie Mac data say about where the market is headed.
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While agents Intel surveyed in May were divided on how listings should be shared, they weren't concerned about their own ability to compete.
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James Dwiggins and Keith Robinson sit down with luxury's Shelton Wilder to answer the question, "What happens when relentless ambition becomes its own addiction?"
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Instagram launched a $3.99-per-month subscription this week, and it's not the only platform putting features behind a paywall. Here's what changed, what it means for your marketing and whether any of it is worth paying for.
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When the news is gloomy and the crowd goes silent, Darryl Davis writes, the real estate professional who keeps reaching out is the one who gets heard.
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Location, location, location may no longer be the cardinal rule of real estate when it comes to finding a market that's both attractive and affordable.
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The best social media marketing, Jimmy Burgess writes, is coming from agents who have figured out how to create content that resonates with the people they actually want to serve.
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From a 217 percent ROI on lawn care to the longevity habits of centenarians, outdoor space is reshaping what buyers want — and what agents should know before advising clients.
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Digital strategy and emerging tech like AI are reshaping the way real estate professionals get deals done.
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A top Federal Reserve official is sounding the alarm on inflation — and Friday's jobs report may have just turned up the volume.
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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
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Anne Marie DeCatsye doesn't see Canopy's expansion as an effort to create a national MLS, but a sign that the old MLS model is under pressure.
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With so much information readily available online, the sales pitch for creating a luxury listing's value proposition, one that's centered on the story and the lifestyle, has never been stronger, new Inman contributor Fritts Causby writes.
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Star Compass agent and social media savant Andrew Jevin shares how agents can show up more authentically online.
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ERA President Alex Vidal interviews award-winning broker-owner Mark Cenci about his decades in the business and the lessons he's learned.