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Renters: Results from the Zillow Consumer Housing Trends Report 2023

Zillow Market Reports

In other CHTR 2023 reports, we examine the general US population, buyers, and sellers more closely. As we will detail throughout the report, there are several notable differences by renter tenure. Who are renters? The typical [3] US renter is 39 years old. What characteristics do they consider important in a rental?

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Number of Black first-time homebuyers falls to 3%

Real Trends

That’s a 19% increase in 11 years, as compared to the national growth rate of 7%. The NAR report also found that as a group, the share of first-time homebuyers dropped to a record low of 26% from 34% last year, and off the peak of 50% in 2010. ” The Hispanic population reached 62.5 million in 2021, up from 50.5

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‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers

Realtor.com

And that has a deep, long-term impact on wide swaths of America, since homeownership is traditionally how generations have catapulted themselves into the middle class, as their properties appreciate in value over time. Many of these problems took root generations ago. million loan applications in 2019. Only about 5.5% of Asians, 9.3%

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6 Emails to Send to Clients to Drive Repeat & Referral Business

The Close

After coaching agents for the past 11 years, I’ve noticed two common beliefs that agents have that cause ineffective marketing: The first is they want to provide value to their entire database, and second is they don’t want to come across too “salesy.”. 1 What is the difference between an appraisal and inspection?

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New Construction Buyers: Results from the Zillow Consumer Housing Trends Report 2023

Zillow Market Reports

Additional Data Sources Unless otherwise specified, estimates in this report come from the Consumer Housing Trends Report (CHTR) 2023, and year-over-year comparisons also use data from CHTR 2018, CHTR 2019, CHTR 2020, CHTR 2021 and CHTR 2022. Survey Methodology Research Approach In order to gain a comprehensive understanding of U.S.

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Miami Real Estate Records 4th Best Sales Year Ever 11 Years in a Row

Realty Biz

South Florida real estate is different from many U.S. South Florida real estate is different from many U.S. For instance, 80% more New Yorkers exchanged their driver's licenses for Miami-Dade ones from Q4 2020 to Q3 2022 (5,355) versus the average annual number of license exchanges observed from 2016-19 (2,967). compared to 3.7%

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Guest Blog: “Vacant Homes & Empty Minds”

Toronto Realty Blog

Failure to file on time generates fine of $250, while a false declaration could lead to a penalty of up to $10,000 plus back taxes. 5 months owner occupied plus 2 months vacant plus 5 months being renovated, would still be classified as a vacant dwelling and require a tax payment since no single use lasts the minimum six months).