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Women in charge of home-buying process
(
WASHINGTON
) – A Harvard study released by the Home Builders says women control 91
percent of home buying and remodeling decisions, suggesting there has
never been a better time to court women as clients.
The study,
“The Trillion Dollar Woman,” notes that single women already are the
second-largest demographic of new home buyers.
Study
author Tara Nicholle-Nelson said she wrote the book for women consumers,
but says it should be useful for other real estate professionals as well.
“Women
hold the purse strings when it comes to these major home buying decisions,
and this book will make them better educated, more confident consumers in
the process,” she said. The study is available at:www.BuilderBooks.com
for $24.95.
Women have more advanced degrees than men
(WASHINGTON)
– According to the U.S. Census Bureau, 33 percent of women age 25 to 29
have bachelor’s degrees, compared to 26 percent of men in the same age
range.
The Bureau
also reported that adults with advanced degrees earn four times more than
those with less than a high school diploma.
Workers 18
and older with a master’s, professional or doctoral degree earned an
average of $82,320 in 2006, while those with less than a high school
diploma earned $20,873.
Most expensive blocks in
America
(
NEW YORK
) – Forbes Magazine and home data provider Reply.com have released a
list of what they believe are the most expensive blocks in 10 of the
nation’s largest cities. Here is the list:
--
Boston
,
Louisburg Square
on
Beacon Hill
.
--
Chicago
, between
Willow
, Howe, Burling, and Orchard streets.
--
New York City
, between Madison Avenue,
Fifth Avenue
,
70th St.
, and 69th Streets.
--
Dallas
,
Turtle Creek Boulevard, south
of Lover's Lane.
--
Houston
,
Willowick Road
and
Knollwood Street, south
of the River Oaks Country Club.
--
Los Angeles
, where
Carolwood Drive
meets
Hanover Dr., west
of
Angeles Drive
.
--
San Francisco
, Broadway between Vallejo, Lyon, and Broderick.
--
Seattle
,
Lake Washington Boulevard
between East Denny
Laine Place
and
Howell Place
.
--
Miami
,
Leucadendra Drive, north
of
Arvida Parkway
.
--
Washington
,
D.C.
,
Woodland Drive, N.W.
, between McGill Terrace and
Rock
Creek
Park
.
Movers want to be close to family (and Hillary
Clinton)
(PARSIPPANY
, N.J.) – An ERA Real Estate survey of homeowners age 50 and over
indicates that 1 in 5 plan to move in the next five years, and 3 out of 4
believe it’s important to be near family members. The survey also found
that if given a choice, most people would rather have Oprah than Donald
Trump as their agent, and they’d prefer Hillary Clinton as a neighbor
over Rudy Giuliani.
According
to the annual survey, 3 of 4 of those surveyed said it was important to be
near their family when considering a next move. Also, 43 percent said
nearness to family and work would be a consideration in their home
purchases. Further, when considering buying a new home, 43 percent would
purchase a home to be closer to work or family.
Of those
considering moving in the next five years, 65 percent would most consider
a single-family home, and only 11 percent said they were interested in
moving into a condo or apartment.
The survey
also asked which presidential contender most would want to have as a
neighbor. The results were:
-- Hillary
Clinton, 21 percent.
-- Fred
Thompson, 13 percent.
-- John
Edwards, 12 percent.
-- Barack
Obama, 12 percent.
-- Rudolph
Giuliani, 10 percent.
-- John
McCain, 8 percent.
-- Mitt
Romney, 6 percent.
Boomers retiring later
(WASHINGTON)
– A Brookings Institute analysis of Census Bureau
numbers shows that Americans between the ages of 55 and 64 are postponing
retirement because they have good paying jobs that they enjoy.
The report
also says, however, that same group is having a harder time retiring
because of money siphoned off in divorces and lower number of current
marriages.
The report,
“Mapping the Growth of Older America: Seniors and Boomers in the Early
21st Century,” found that 57.6 percent of heads of households in that
age range were married in 2005, compared with 62.8 percent in 1990 and
65.8 percent in 1980.
In
addition, 39.2 percent of male heads of households and 40.2 percent of
female heads of households were professionals and managers in 2005, up
from 23.3 percent and 23.6 percent, respectively, in 1980.
NAR membership abstract in brief
Taken from the 2007 Realtor report on income, race, education and list of
other factors involving NAR members.
NAR technology report in brief
Taken from NAR's 2007 report on membership use of technology in their
business and its growing influence.
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An honest look at what new real estate agents can expect.

What you need to know to get into this growing business.
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