Compensation Revolution in Real Estate: Will 2023 deliver long-overdue reforms & BILLIONS in consumer savings? “What if buyer and seller real estate commissions are decoupled?” That recent question on LinkedIn was first asked & answered 31 years ago when Steve… The post Compensation Revolution in Real Estate: Will 2023 deliver long-overdue reforms & BILLIONS in […]
NAR Forecasts 4.78 Million Existing-Home Sales and Stable Prices in 2023 The National Association of Realtors predicts that in 2023, 4.78 million existing homes will be sold, prices will remain stable, and Atlanta will be the top real estate market to watch. The forecast was made by Lawrence Yun, NAR chief economist and senior vice
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2023 Housing Market Forecast Comparisons We love looking at predictions and try to feature as many as we can. That being said Today’s infographic form Keeping Current Matters takes a look at housing market predictions from 8 different notable sources – covering quite a few proverbial bases. So, what does 2023 have in store the
Renters More Likely Than Homeowners to Spend >30% of Income on Housing Citing data from the most recent American Community Survey, the U.S. Census Bureau says over 19 million U.S. renter households spent more than 30% of their income on housing costs in 2021. The ACS says households are considered cost burdened when they spend
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2022 Wins for Propy As we close out a year of drastic market turbulance, Propy is proud to share some grand steps forward in the world of real estate. We are filled with gratitude for the community unwavering support! Your trust has enabled us to spread our mission far and wide while re-engineering real estate
RentCafe’s 2022 Year-End Report In their 2022 Year-End Report, Rentcafe reminds us that 44 million American households live in rental homes across the fruited-plain – the highest level in half a century. So, what were the hottest rental markets in 2022? To find out, RentCafe.com analyzed the 135 largest markets in the U.S. where data
Realtor.com: Will 2023 be the Year of the Homebuyer? As we approach 2023, it’s time for the prognostications and predictions for what the housing market will bring in the coming year. Just like clockwork, Realtor.com has come out with their annual forecast where they say that, while homebuyers & renters hoping for some financial relief
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Fed Hikes Short-term Rates Once Again, Two Inflation Reports Show Signs of Improvement On a recent episode of Real Estate News for Investors, Kathy Fettke discusses the Fed hiking short-term rates once again, two inflation reports show signs of improvement, and a video game called “The Tenants” showcases the job of a landlord. “A new
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Propy X Seen Haus: Merging the Physical + Digital Worlds Here at Propy, we’re always looking for ways to innovate and push the boundaries of what’s possible. Our overall goal is to drive innovation and our vision of the future of real estate technology to the next level. Our roadmap for 2023 is focused on
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Foreclosure Completions Increase 64% Annually in November ’22 According to ATTOM Data’s latest U.S. Foreclosure Market Report, there were 30,677 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions). This figure was up 57% from one year ago but down 5% from October. In addition, they report that REOs represented 3,770 U.S.
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