Skip to main content

The Best Market for Real Estate Agents Is…

Phil Hall
Apr 24, 2019
Photo credit: Getty Images/dibrova

Real estate agents on the prowl for financially lucrative opportunities will do best in Seattle, according to a new study released by WalletHub.
The new study analyzed more than 170 cities with 19 key indicators including sales per agent to annual median wage for real-estate agents to housing-market health index. Seattle topped the list, followed by Salem, Ore., San Francisco, Oakland, San Jose, Denver, Fremont, Calif., Boston, Washington, D.C., and Phoenix. At the bottom of the list, Brownsville, Texas, was named the worst market.
WalletHub reported that Modesto, Calif., had the most homes sold in the past year per real-estate agent, with 106.48, while Houston had the fewest at 7.25. San Francisco had the highest median house price at $927,400, and Detroit had the lowest at $42,800. New York City was home to the highest annual median wage for real-estate agents, $79,810, while Fort Smith, Ark., saw the lowest at $28,130. But New York City also had listings with the most days on the market at 160, while Oakland had the fewest at 41 days. And Memphis had the highest share of home flips, 12.76 percent, with Albuquerque, N.M., recording the lowest at 1.35 percent.

Apr 24, 2019
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022