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30 March 2018

Real Estate Roundup – March 30, 2018

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All the news you need to know to be an industry expert.

4 Essential Questions You Should Ask before Joining a Real Estate Team
The efficiency and success of a real estate team is undeniable. However, joining one is a monumental decision that must not be taken lightly. Better Homes and Gardens Real Estate 43° North Broker/Owner Jeff Martel offers valuable insight on how to make the transition an effective one.

US Home Prices Post 6.2% Annual Gain in January
U.S. home prices posted another big gain in January, pushed higher by a shortage of homes for sale. The 6.2 percent January gain nearly matches the 6.3 percent December figure, which had been the fastest 12-month growth in almost three years. However, the increase in house prices is easily outpacing wage growth and inflation.

New Tax Law May Encourage Home Rentals
The new tax law brought welcome news for short-term renters and is likely to entice even more people to rent in shorter intervals.

Buyer’s Enthusiasm Falls to Two-Year Low as Market Challenges Bite
Even though consumers are growing increasingly optimistic about their personal finances, many are not echoing this sentiment when it comes to buying a home or qualifying for a mortgage. The latest Housing Opportunities and Market Experience survey from the National Association of REALTORS® finds that 68 percent of consumers believe they are capable of purchasing a home – the lowest level in two years.

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