The real estate industry was transformed by the arrival of the internet and disrupted by the digital era. However, there has been one constant throughout the technological advancements—the value of data. Fifty years ago, only investors with access to the top real estate brokers could make the best investment decisions because only expert brokers... Read More »
Overview of the Evolving Real Estate Technology Landscape As the years go by, the real estate industry increasingly relies on technology. According to the National Association of Realtors’ (NAR) most recent 2021 Real Estate in the Digital Age Survey, a staggering 97% of homebuyers used the Internet to guide their home search at the time the... Read More »
ATTOM’s latest year-end 2022 Property Tax report shows that property taxes for 87 million U.S. single-family homes has increased by 3.6% from $328 billion in 2021, to $339.8 billion in 2022. Moreover, the average tax on single-family homes in the U.S. increased by 3%, reaching $3,901 in 2022, after a 1.8% increase the previous year. The effective... Read More »
ATTOM’s Q1 2023 Single-Family Rental Market report lists the best U.S. markets for buying single-family rental properties in 2023. The report analyzed single-family rental returns in 212 U.S. counties with a population of at least 100,000 and sufficient rental and home price data. According to the report, the average annual gross rental yield on... Read More »
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