Feds expanding investigation into all-cash deals
The Treasury Department’s Financial Crimes Enforcement Network is significantly expanding its investigation into whether foreign buyers are using shell companies to buy U.S. real estate,...
Category : Industry News
Study finds earlier homeownership boosts financial picture in retirement
A new study by the Urban Institute found delaying homeownership can negatively impact overall financial health in retirement. Those who purchased their first home when...
Amazon HQ2 is announced; how will it impact Seattle’s housing market?
Amazon’s office expansion in Seattle, coupled with the local job market and high cost of living for HQ2 locations, means the HQ2 isn’t likely to...
More Americans are using real estate brokers than ever before
A recent study found a full 90 percent of consumers use brokers to buy and sell their homes, which is a survey high. 91 percent...
New analysis identifies Spokane as top city locals don’t want to leave
According to a recent analysis by realtor.com, Spokane, Wash. is the U.S. city where most locals plan to stay put. It’s also the city that...
Good news for Seattle home buyers: more sellers are dropping asking price
This winter, more sellers are dropping their asking price to lure buyers, who may be able to negotiate the price down further. 22 percent of...
Single female home buyers now account for nearly a fifth of all home sales
According to a recent study from the National Association of Realtors, single female home buyers are on the rise; they now outnumber their male counterparts...
John L. Scott representatives attended 2018 REALTORS Conference & Expo
John L. Scott’s Chairman and CEO, J. Lennox Scott, was one of the John L. Scott representatives who attended the 2018 REALTORS Conference & Expo...
Report: Homeowners are earning an average of $61K at resale
In the third quarter of 2018, homeowners sold for an average of $61,232 more than the original purchase price of their home, which is the...
Study: Real estate income doubles after first year
Though it can be tough for rookie brokers to get their business off the ground at first, a recent study indicates brokers with 1-3 years...