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Are All-Cash Buyers Dominating NYC Real Estate Market?

Are All-Cash Buyers Dominating NYC Real Estate Market?

by Rick Grant | Mar 3, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New real estate data and reporting recently revealed that nearly a third of U.S. homebuyers are sidestepping a mortgage and purchasing property via cash-only transactions, according to Redfin. This is a trend that is suddenly dominating big cities like Atlanta, Ga.,...
Real Estate Agents Graduate From Industry Training Program

Real Estate Agents Graduate From Industry Training Program

by Rick Grant | Mar 3, 2023 | Real Estate Agent Tools, Real Estate News, WRE News Exclusive

A number of industry professionals have graduated from the T3 Fellows program, a customized training course designed to prepare real estate brokers to succeed in a changing market.   Across the T3 Fellows program, each broker and team owner follows a...
Understanding the 1% rule for real estate investors

Understanding the 1% rule for real estate investors

by Third Party | Mar 3, 2023 | Real Estate Agent Tools, Real Estate News

Source: Yahoo! —  Thinking of investing in real estate? Before buying an investment property, you need to make sure that it will generate at least enough money to cover your monthly carrying costs — and, ideally, more. That’s where the 1 percent rule comes into...
Black real estate developers get rare access to big capital through Philadelphia program

Black real estate developers get rare access to big capital through Philadelphia program

by Third Party | Mar 3, 2023 | Industry Updates, Real Estate News

Source: CNBC —  Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts...
HOW TO FIND COMPS IN REAL ESTATE

HOW TO FIND COMPS IN REAL ESTATE

by Third Party | Mar 3, 2023 | Real Estate Agent Tools, Real Estate News

Source: Ris Media —  How much is a house worth? Knowing the value of a home can be crucial when buying or selling. The location and market trends will be very important, but they aren’t everything. What decides how much your house is worth are the real estate...
INSIGHT: US housing market to hit demographic wall by 2030s

INSIGHT: US housing market to hit demographic wall by 2030s

by Third Party | Mar 3, 2023 | Real Estate News, U.S. Housing Market

Source: ICIS —  CHARLOTTE, North Carolina (ICIS)–Demographics will weigh heavily on the long-term outlook for the US housing sector as a much smaller Gen Z population reaches prime home-buying age in the first half of the 2030s, according to an ICIS analysis....
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