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Friendly residents ranks as top neighborhood draw

Schools, amenities, home price trends — these might seem like the sort of neighborhood features that would matter most to homebuyers. But while those factors are important to aspiring homeowners, “friendly neighbors” actually tops the list of selling points, according to a new survey. Half of respondents to Berkshire Hathaway Homeservices’ latest homeowner sentiment survey said that friendly […]

Minority middle-class families are being priced out of homeownership: Redfin study

When metro areas across the country are booming with economic growth, that should be a good thing for real estate sales — spurring homeownership because jobs are plentiful. However, according to new research by Redfin — “Priced Out: The Housing Affordability Gap In America’s Largest Metros” — “no metro area gets a trophy” when it […]

‘Aggressive’ deadline set for thorny MLS merger in Colorado

Colorado’s two largest multiple listing services — REcolorado and Information and Real Estate Services (IRES) — have signed a letter of intent to merge, the MLSs announced in nearly identical blog posts Wednesday. The agreement appears to signal a thawing in months-long tension. After IRES rejected its surprise multimillion-dollar buyout offer in January, REcolorado cut off […]

Miami Association of Realtors partners with RealConnex

The Miami Association of Realtors (MIAMI) is seeking to help its 46,000 members uncover new business opportunities through a partnership with “real estate deal-making platform” RealConnex. RealConnex is a global networking and transaction-management platform that facilitates collaboration on real estate deals (mostly commercial) between lenders, investors, property owners, brokers and real estate advisers. The partnership highlights a push by some […]

Daily market update: June 1, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, June 1 ADP National Employment Report Private-sector employment increased by 253,000 from April to May, on a seasonally adjusted basis. Freddie Mac: 30-Year Fixed Mortgage Rate Moves Lower 30-year fixed-rate mortgage (FRM) averaged 3.94 percent with an […]

Homes with this color bathroom sell for $5,400 more: Zillow

A $50 gallon of blue paint can result in a huge return on investment for homeowners, according to Zillow‘s 2017 Paint Color Analysis study. Homes with bathrooms painted in a powder blue or periwinkle shade sold for an average of $5,400 more — the highest sales premium of all colors analyzed. When it comes to […]

Crazy Sh*t In Real Estate: You never know what you’re walking into

Reposted with permission — show notes and credits here. In this episode, Leigh interviews Sean Moore, a former police officer who made a career switch to full time real estate 12 years ago. Even though crazy stuff happens in real estate all the time, this police officer’s buyer’s experience is one of the most unbelievable […]

Open houses vs. private showings: What’s better for the client?

As real estate agents, we need to focus on what’s best for the client without losing focus of the ultimate goal — selling the listing. We can do this by holding open houses every weekend until it’s sold. Private showings are still effective, but they were much more popular before the internet became such a dominant source […]

3 lessons I learned when I broke up with my apartment

Moving is hard, even when you’re a real estate professional. As the president of my own real estate company, I watch people buy and sell homes every day. I understand that any real estate transaction can be an emotional process; it can signify a new beginning, a drastic change or an ending to an important […]

Listing Bits: The Upstream ‘pivot’ that should be called a ‘180’

I had a chance to sit down with Mike Wurzer again at National Association of Realtors (NAR) Midyear to discuss the recent announcement about UpstreamRE not being, well, upstream anymore. // This was recorded before NAR announced the details of additional funding. The first step of problem-solving is to assign blame, right? That seems to […]

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