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Apartment Occupancy Rate at a Record High - 95% of Units are Now Occupied.
The number of apartment dwellers nationwide is nearing a record, as 95 percent of units are now occupied, according to rental data from RealPage, a real estate analytics firm. But supply isn't keeping up with demand: 86,431 units were added nationwide in the last quarter, but RealPage analysts say the demand was closer to 175,645 units.
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Global Is the New Local
Yesterday's Eastern, Western and Southern European immigrants are today's Hispanic and Asian immigrants. The Irish, Italian, German, and other immigrants from the late 1800s and early 1900s melded into our society and are now second-, third-, and fourth-generation Americans buying and selling real estate.
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Don't Be a Cybercrime Statistic
Since few if any brokers and agents would work without a computer or smartphone, industry pros need to address the threat head-on, NAR attorney, Jessica Edgerton said, speaking at the Emerging Business Issues & Technology Forum at the REALTORS® Legislative Meetings in Washington, D.C. According to Juniper Research, the annual cost of data breaches through cybercrime is expected to reach $2.1 trillion globally by 2019.
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How Seasoned REALTORS® Can Stay Competitive in a Millennial Market
The demographics of America have changed. Millennials are now the largest generation in the U.S. They make up the largest portion of the labor force, according to the Pew Research Center, and also a big segment of the home-buying and -selling market. Thirty-four percent of homebuyers and 18 percent of home sellers are millennials, according to the National Association of REALTORS®.
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Renovations That Cause Neighborhood Feuds
Homeowners doing renovations can develop feuds with their neighbors if they're not cognizant of how work on the project affects the rest of the neighborhood. After all, one homeowner's upgrade could be another downgrade. Realtor.com® recently ticked off common home improvement spats.
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