Dispelling the Myth of the 20 Percent Down Payment
Since hitting a low point of 63 percent in 2016, the homeownership rate has rebounded, largely driven by millennial households purchasing their first homes. Many surveys, like one by Bank of the West, indicate that millennials are no different from previous generations—they view homeownership as a main tenet of the American Dream. Yet, millennial homeownership rates continue to […]
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The U.S. Is Going Green: The Top 10 States With LEED-Certified Residential Homes
Living an eco-friendly life is a priority for many U.S. homeowners, and so LEED (Leadership in Energy and Environmental Design) certifications are rapidly growing in popularity. What does it mean to be certified? According to the U.S. Green Building Council (USGBC), green building means “designing, constructing and operating buildings to maximize occupant health and productivity,” […]
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Larry Rideout: A Luxury Leader in the Northeast
Vitals: Gibson Sotheby’s International Realty Years in Business: 13 Size: 17 offices, 300 agents Regions Served: Eastern Massachusetts 2018 Sales Volume: $2.4 billion 2018 Transactions: 2,350 www.gibsonsothebysrealty.com Larry Rideout—chairman and founder of Gibson Sotheby’s International Realty—has been in the real estate game since 1984. Starting out as an agent, Rideout went on to become the […]
Introducing Generation Z: Part 1
Move over millennials, there’s a new buyer in town. Generation Z buyers are the newest group to hit the market. Even though they are the first group that has never known a world without technology, their buying trends may be a bit surprising. While many may believe that this generation will turn more to technology […]
ERA’s Local Market Understanding Translates Into Global Growth
While ERA Real Estate was founded in the United States, it has become a global brand. Today, the company has a presence in 34 countries and territories throughout the Caribbean, Europe, Africa, Asia and the Middle East. In 1981, it became the first real estate network to franchise outside North America with the opening of […]
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6 Health and Wellness Trends in High-End Real Estate
The luxury lifestyle isn’t just about looking great anymore. It’s about feeling great, too. Of course, the world’s affluent still want jaw-dropping properties with inspiring views, but they’re also looking for more substance. In today’s fast-paced world, they also want homes that can challenge them physically, calm them mentally and keep them centered. As a […]
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Staying Focused and Working Hard
In the following interview, Phil Sheridan, CEO of Berkshire Hathaway HomeServices Gulf Properties in Dubai, discusses the firm, the local market, and more. Region Served: United Arab Emirates Years in Real Estate: 20 Number of Offices: 1 Number of Agents: 20 Please describe some of the current trends you’re seeing in your market. One of […]
5 Things Retirees Should Do With Their Credit
(TNS)—Whether or not you’re one of the 147 million consumers affected by the 2017 Equifax data breach—which resulted in a Federal Trade Commission settlement of up to $700 million—retirees need to stay vigilant about their credit profiles, experts say. That may seem counterintuitive, particularly to those who pay off their homes, cars and other debt […]
NAR’s C2EX Program Wins National Learning Award
NAR PULSE—NAR’s Commitment to Excellence (C2EX) program has been selected as a 2019 Learning! 100 award winner, joining past winners such as Amazon, AT&T and the American Heart Association. This award honors organizations for fostering a culture of professional growth, innovation and organizational performance. Encourage your agents to join the 26,000-plus members who are working […]
High Cost of Housing Cuts Into Food, Utilities Study Says
(TNS)—More than a third of Americans have been forced to cut spending on essential items like food and utilities to afford housing, according to a Freddie Mac study. About 42 percent of renters and 33 percent of homeowners have had to reduce the money spent on essentials to cover the cost of housing during the […]
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