Meet the 2 agents on California’s gubernatorial recall election ballot

California is on the cusp of a historic moment. The Golden State is preparing for its second-ever gubernatorial recall election in the state’s history, in which voters will decide whether or not Governor Gavin Newsom (D) should be recalled from office, and if so, who should replace him. 2003 was the only other year in … Read more

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Institutional investors have been making a comeback in 2021. During the second quarter, investors purchased 67,943 U.S. homes, the highest figure on record (since at least 2000), according to new data released … Read more

How to get the most out of your real estate investment

The housing market remains steadfast, with no sign of slowing down in the near future. According to a recent report by Redfin, the median home sale price increased 17 percent year over year. The property that was purchased a year ago for $350,000 is now worth $409,500. Although interest rates remain low, they don’t make … Read more

Working with investors? 5 key skills to master

Although they’re lucrative to work with, investors come with their own set of challenges. And unlike working with homeowners, representing investors requires a different set of skills. Here are a few you need to master. I’ve been a real estate investor for over a decade and only relatively recently became an agent as well. As … Read more

Amid housing shortage, investors double down on prefab startups

High material costs and skilled labor shortages have led to renewed optimism for nontraditional construction startups, accoring to a new Crunchbase report. The report, released Tuesday, said that residential construction startups have raised more in the opening months of this year than they did over the entire span of 2020. Roughly $1.5 billion has flowed … Read more

America’s Hottest Neighborhoods: Willow Glen in San Jose, California

Published in association with San Jose, California, hasn’t shied away from making headlines recently. The city that’s host to a number of big tech players like PayPal, Zoom and Adobe was named the No. 1 city for small businesses by Biz2Credit in early May. It was also the No. 1 metro where millennials made up … Read more

The New Normal: What if specialization is the answer?

Post-COVID buyer needs are changing, creating new opportunities for agents who are willing to specialize. What segments stand to gain in the new normal? Dive into Part 5 of Inman’s New Normal series. This is the fifth installment in “The New Normal,” a multistory Inman series exploring what’s returning to normal after the pandemic fades … Read more

Pulse: How you’re advising investors on potential 1031 changes

Property investors rode a wild wave during the pandemic, with the short-term rental market stopping, then restarting, and property prices in many second home markets soaring. What does the future hold for new second-home owners and for managers of more robust property portfolios? We’ll explore that and more, all May long, at Inman. As you … Read more

Property sale in Rhode Island first in the nation to be paid in Dogecoin

Kyle Seyboth, the Century 21 agent who topped Real Trends + Tom Ferry’s The Thousand rankings in 2020 for individual transaction sides, recently represented a client in the sale of a vacant plot of land in Providence, Rhode Island. It might have been a pretty typical sale, but for the fact that the seller only … Read more

Pulse: How are you advising investors on potential 1031 changes?

Property investors rode a wild wave during the pandemic, with the short-term rental market stopping, then restarting, and property prices in many second home markets soaring. What does the future hold for new second-home owners and for managers of more robust property portfolios? We’ll explore that and more, all May long, at Inman. With President … Read more

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