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USA Property

Canadian brokerage featured on reality TV enters the US market

RARE’s entry into the U.S. market is led by company founder Adam Stern, who has more than 20 years of experience in the real estate industry. He has overseen more than $12 billion in sales and trained more than 4,000 agents across 16 offices. “We’re thrilled to bring RARE to South Florida because the future of the brokerage business belongs to bold, entrepreneurial agents,” Stern said. “For years, the top 10% of agents have dominated the industry, yet traditional brokerages have failed to truly reward them in a real way....
USA Property

Rising property taxes are forcing retirees out of some states

John Burns data scientist Ian Kennedy created the chart. According to Kennedy, the areas in dark red represent regions where property taxes exceed 2% of a home’s value. Conversely, property taxes in the beige regions account for less than 0.5% of a home’s value. “Property taxes are a huge expense, especially for retirees. We see a lot of retirement outmigration from the states in dark red on this map,” said John Burns, founder and CEO of JBREC. According to the analysis, the highest property tax rates are on the East...