Improving Your Business

Stories, articles and advice aimed at improving your business

How Do American Driving Habits Affect Real Estate?

Although it’s still far from its pre-recession peak, car transportation is up There has been a significant increase in the number of Americans driving, according to a report released by Doug Short of Advisor Perspectives. The report looked at the estimated

Baby Boomers Breaking the Mold

Downsizing is a natural progression in housing we’ve come to expect of older generations, such as the aging Baby Boomers, whose preference for high square footage is diminishing as their children leave the nest and retirement sets in. But

Pew Trust: American Finances on Uncertain Footing

The economy continues to recover, but Americans’ finances are still stuck in the mud A surprisingly large share of Americans are in a precarious financial state, according to a new, detailed study from The Pew Charitable Trust. For its study,

The 10 Things Homebuyers Want From Their Neighborhood

The quality of the neighborhood is the No. 1 thing homebuyers consider when choosing their next home, according to the 2015 Profile of Home Buyers and Sellers from NAR. Homebuyer considerations, though, differ substantially as household composition changes, and

Study: Some of the Best Teachers in the U.S. Work in Lexington Public Schools

Lexington Public Schools has some of the best teachers in the U.S., according to a new analysis from Niche. Basing its rankings on student and parent reviews of teachers, teacher salaries, teacher absenteeism, teacher tenure and student-teacher ratio, Niche rated

Single Female Homebuyers’ Fluctuating Share of the Housing Market

According to NAR’s 2015 Profile of Home Buyers and Sellers, single women made up 15 percent of the overall homebuying market, as opposed to single men, who only made up 9 percent of the market. In 2013, single women

The 5 Big Compromises Homebuyers Make

What compromises are homebuyers willing to make? All homebuyers make some sort of compromise, but according to NAR’s 2015 Profile of Home Buyers and Sellers, what they ultimately concede differs considerably based location and economic means. Here are the

The Evolution of the Single-Family Home
The Top 10 Reasons Consumers Bought Homes in 2015

Why did U.S. consumers decide to buy homes in 2015? That question was one of many that NAR’s 2015 Profile of Home Buyers and Sellers tackled, and the results were many and varied – especially when the consumers’ disposition

6 Facts about the Homes Consumers Purchased in 2015

Single family? Condo? 2,000-plus square feet? What defined the homes consumers bought this year? For our latest story in our continuing series on NAR’s 2015 Profile of Home Buyers and Sellers, we’re taking a detailed look at the homes

Mortgage Customer Satisfaction Jumps in New Report

The mortgage process doesn’t often top the list of things people like to do, but as far as dealing with banks and moneymen go, customers are more approving of the mortgage process now than any other time in the

5 Things You Need to Know About NAR’s Upstream Initiative

NAR and RPR push forward with Upstream initiative The National Association of Realtors and Realtors Property Resource have made an agreement with UpstreamRE LLC to develop a cross-industry platform for real estate data entry, collection and distribution for real

The 6 Characteristics of Homebuyers in 2015

What does the typical homebuyer look like in 2015? Earlier this week, we reported on first-time homebuyers, and how they are now at their lowest market share since 1987. That information came courtesy of the 2015 Profile of Home Buyers

6 Important Facts about First-Time Homebuyers

First-time homebuyers continue to lose market share in today’s housing market First-time homebuyer share has dropped to its lowest level in 27 years, with just 32 percent of all existing-home sales going to first-time buyers in 2015. That was one

4 Eye-Opening Trends in How Americans Use Technology

What forms of technology are most popular with American adults? Sixty-eight percent of U.S. adults now own a smartphone, up from 35 percent in 2011. Tablet ownership has soared to 45 percent. And in the last 11 years, cell phone

Millennials Will Give Up Urban Living – With Conditions

What will it take for Millennials to leave urban areas? The incentives must be strong, a new survey finds For Millennials, the name of the housing game is “space” – and not just any space, but rather, space with a

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