Keeping up with important industry news and trends isn’t always easy for real estate professionals. That’s why we’ve compiled this roundup of stories and reports that will likely affect your business.
Whether you’re focusing on generating more leads, making a name for your business, or just want to keep up with your competitors, knowing the following news items will help you stay ahead of the curve.
Read on for all the important real estate news that your customers will be talking (and asking you) about!
NAR Study Finds Housing Prices Remain on the Rise
The National Association of Realtors® shared its 1-minute roundup of the February housing market. There was a lot to report on in that one minute, including a 5.3% year-over-year increase in the median single-family sales price.
Rising prices was a trend overall, with increases seen in 92% of markets. Even with these booming prices, NAR reports that there were 1.52 active listings in February, a 9.5% increase from last year.
Despite all this, tight inventory conditions and weakening …