The recovering housing market is helping to create more jobs for real estate agents across the country.
“Real estate agents have definitely weathered quite a financial storm over the past few years, but right now, rates are between 2 percent and 3 percent and inventory is low, making it a real estate agent’s dream as new homes hit the market and are getting multiple offers in the first week,” Heidi Golledge, chief executive of CareerBliss, told Forbes. “Right now, it is a seller’s market, so the real estate agent’s cost of advertising and marketing is very low and commissions are high. Happy times.”
It appears as if most of the real estate openings are cropping up in California. A recent survey found top housing markets in San Jose, San Francisco, Ventura, Sacramento, San Diego and Los Angeles.
According to Redfin’s “Fastest Real Estate Markets” report, there are 26 percent fewer homes for sale across the U.S. now than there were in April of last year. In addition, advances in technology are making it easier for people to view homes with agents and make offers within hours.