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Can you afford the American dream on your salary?

Can you afford the American dream on your salary?

| Inman | No Comments

What exactly does it take to turn a renter into a buyer? Real estate professionals mull over this question often, coming up with ideas ranging from touting the personal pride of homeownership to the financial upside of building wealth and equity. Unfortunately, a willing renter isn’t the only requirement for the transition into homeownership: the American dream comes with salary requirements too. According to HSH.com, buyers offering a 10 percent down payment on a national median-priced home ($254,000) would need to make $63,941.21. The minimum salary drops to $55,390.57 for buyers putting down 20 percent …

North America will lead world in new housing construction through 2021

North America will lead world in new housing construction through 2021

| Inman | No Comments

Meanwhile, the study also notes that China and India will drive 43 percent of all new housing development, continuing a streak …

Announcing the first round of speakers for Inman Connect New York 2018

Announcing the first round of speakers for Inman Connect New York 2018

| Inman | No Comments

Imagine charting a course through a landscape that’s constantly changing and shifting around and beneath you. That’s what it feels like sometimes to operate in the real estate industry — there are so many new tools and business models in addition to the traditional tried-and-true methods that it’s hard to know which way to turn …

Real estate daily market update: November 20, 2017

Real estate daily market update: November 20, 2017

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All the latest real estate market news …