Existing Home Sales were up 0.7% in September instead of dropping as expected. That’s good news. First-time homebuyers accounted for 29% of sales.
For the luxury homebuyer in New York, a charging station for their Tesla, big play areas for their kids, and living like they’re “at a hotel” rank highest on the list. Thanks to overseas buyers, the hot spots of New York are expanding outside of the Manhattan area and buildings are getting taller to accommodate interest.
In a recent report from the National Association of Realtors, strong people skills were identified as the most important trait to be a successful real estate agent. Other characteristics noted for success: self-motivation and negotiation skills.