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How to sidestep a tax bomb when selling your home

How to sidestep a tax bomb when selling your home

by Third Party | May 19, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: CNBC —  With soaring prices and record home equity, you may expect a profit from selling your property. But the windfall may trigger an unexpected tax bill next April.  While home profits dipped slightly, the typical single-family seller still scored a...
Americans are more stressed about money than ever, and it’s hurting our mental health

Americans are more stressed about money than ever, and it’s hurting our mental health

by Third Party | May 19, 2022 | Industry Updates, News/Current Events

Source: CNBC —  Americans are more stressed about money than they’ve ever been, according to the American Psychological Association’s latest Stress In America Survey. “Eighty-seven percent of Americans said that inflation and the rising costs of everyday goods...
Homebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year

Homebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year

by Third Party | May 19, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Redfin —  61% of home offers faced bidding wars in April—down from 63% a month earlier and 67% a year earlier—as surging mortgage rates prompted buyers to drop out. Riverside, CA and Atlanta saw the biggest annual declines. Nationwide, 60.7% of home...
Rental Market Tracker: Growth in Asking Rents Slows for the 1st Time in a Year

Rental Market Tracker: Growth in Asking Rents Slows for the 1st Time in a Year

by Third Party | May 19, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Redfin —  Rents rose 15% year over year in April, down from March’s 17% increase. Still, Austin, Portland and South Florida saw rents surge more than 30%. The median monthly asking rent in the U.S. increased 15% year over year to a record high of $1,962...
FOUR WAYS REAL ESTATE TEAM LEADERS CAN OVERCOME LEADERSHIP LONELINESS

FOUR WAYS REAL ESTATE TEAM LEADERS CAN OVERCOME LEADERSHIP LONELINESS

by Third Party | May 18, 2022 | Industry Updates, Real Estate Agent Tools

Source: RisMedia —  As rewarding as it can be to lead your own real estate team, it can be lonely at the top. You may be surrounded by people, but they may not be able to fully appreciate the unique challenges of leading a team. You can quickly start to feel...
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