With COVID turning everything upside down it seems that more and more people are leaving the big close knit cities and heading to the suburbs. Now that more people have the ability to work from home location is less of an obstacle. The outskirts of town are also in high demand.
There are a lot of new builders and the production of new build homes has grown a lot. The demand is high due to the all time low interest rates. These new builds are popping up all over the place in Texas and open up the market even more.
I hope this was helpful to you!
Great question! Based on current average salary and both the lowest and highest 10 percent earners the top 3 states to sell real estate are:
1. New York
These numbers are based on overall average salary, the salary of the lowest 10% of agents and the salary of the highest 10% of agents. However, salary is just one thing to look at since cost of living varies from state to state and county to county. For example, in New York, agents in New York City will make more than an agent outside of Buffalo, but the cost of living is higher, meaning more of that higher salary will go to things like housing and transportation.