Current Real Estate Statistics That You Should Know

in real •  6 years ago 

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In real estate, success stems from industry niche industry knowledge.

That said, if you're a budding real estate investor and you want to get one step ahead of the game, here are some current real estate-based stats you should know about - sourced by yours truly...

In 2017, 5.51 million existing homes were sold in the U.S. alone. (nar)

At present, there are around two million active real estate licenses in the U.S. (Arello)

By the year 2020, the real estate industry will account for up to 22% of commercial drone use. Wow. (Autel Robotics)

By the end of this year, interest rates are expected to increase by between .25% and .5%. (The Street)

At the end of 2018, experts expect the U.S. economy to expand at an average rate of 2%. (USA Today)

House listings that have aerial photographs sell 68% quicker than properties with standard images. (Record Bee)

Now you know that facts - get out there and make it happen.

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budding real estate investor

interest rates are expected to increase , so sad