Virtual broker eXp Realty has another record...
by By Cordilia James on 2021-05-06 at 10:10 PM
eXp Realty started 2021 off real strong. Revenue at the virtual brokerage increased 115 percent to $583.8 million in the first quarter of 2021, the company reported during a Thursday earnings call. Its net income increased a whopping 3,348% to $4.8 million, compared to $100,000 during the same period last year. Meanwhile, gross profit increased to $53.5 million, compared to $28 million in the […]
Miami Heat’s Victor Oladipo buys non-waterfront...
by By Katherine Kallergis on 2021-05-06 at 10:00 PM
Miami Heat player Victor Oladipo scored a Miami Beach spec home for $7.8 million, The Real Deal has learned. The deal marks a record for a non-waterfront home in Miami Beach. The previous record was $6.5 million for a nearby Hibiscus Island home in February as well as for a North Bay Road home in April. Oladipo, whose full name is Kehinde Babatunde Victor Oladipo, bought the 6,900-square-foot, […]
Converting to cash: Payday lender flips his...
by By Jordan Pandy on 2021-05-06 at 9:30 PM
Payday lender W. Allan Jones flipped his waterfront home in Palm Beach for $41.7 million, four months after buying it for $26.1 million. Jones Lakeland LLC, a Tennessee company headed by Jones, sold the property at 320 Island Road to PB Island Dreams LLC, a Delaware corporation. The buying entity is in care of New York-based law firm Kleinberg, Kaplan, Wolff & Cohen. Jones is the founder and […]
Why Waiting to Buy a Home Could Cost You a Small...
by KCM Crew on 2021-05-06 at 10:00 AM
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. […]
Are Interest Rates Expected to Rise Over the Next...
by KCM Crew on 2021-05-05 at 10:00 AM
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have […]
4 Big Incentives for Homeowners to Sell Now
by KCM Crew on 2021-05-04 at 10:00 AM
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market […]
‘Make a list of what you absolutely need’:...
on 2021-05-07 at 12:07 AM
‘Make a list of what you absolutely need’: Local realtor gives advice on the current bidding wars of home buying WTNH.com […]
'It's a Carolina gold rush' | Realtor explains...
on 2021-05-07 at 12:03 AM
'It's a Carolina gold rush' | Realtor explains why the Triad's housing market is deadlocked WFMYNews2.com […]
Realtor Jason Coleman's take on the Triad housing...
on 2021-05-07 at 12:01 AM
Realtor Jason Coleman's take on the Triad housing market WFMYNews2.com […]