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Puerto Rican agents seek help and opportunity from U.S. mainland

As the real estate community of Puerto Rico still assesses the damage of homes post Maria, a number of the island’s 600 Realtors and around 7,000 agents are thinking about temporarily leaving for the U.S. mainland or other places. Eduardo Santos, President, Puerto Rico Association of Realtors “Many of our agents are talking to other […]

Ex-Realtor targeted first-time buyers in wire fraud scheme

Hazelton, Pennsylvania-based real estate agent Ignacio Beato has been sentenced to four years and three months in prison for conning buyers out of more than $750,000 in a wire fraud scheme. The scheme, which ran from December 2013 to March 2015, according to court documents, involved Beato claiming to be a listing agent who had […]

Real estate daily market update: October 6, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, October 5 Freddie Mac Primary Mortgage Market Survey shows highest average 30-year fixed mortgage rate in six weeks 30-year fixed-rate mortgage (FRM) averaged 3.85 percent with an average 0.5 point for the week ending October […]

Alaska agent recovering from Vegas shooting

Rob McIntosh Robert (Rob) McIntosh, an agent with Century 21 Gold Rush in North Pole, Alaska, had a date next weekend with his broker-owner, Mike VanSickle in the Bahamas for the Century 21 top agent retreat. Instead he will be in Las Vegas continuing his strong recovery from approximately four bullet wounds, surrounded by his family […]

Hurricanes take their toll on new construction, inventory

The Bureau of Labor Statistics (BLS) report for September has revealed that the real estate industry will have to wait a while longer for inventory relief. Summaries from July and August showed impressive growth in the residential construction sector, giving economists a glimmer of hope that an inventory increase was on the way, but Hurricanes Harvey and […]

Wanderlust meets adventure in Sherwin-Williams’ color of the year

Step aside taupe, Sherwin-Williams’ 2018 Color of the year is … Oceanside SW 6496. Courtesy of Sherwin-Williams That’s right, folks. The paint company’s choice isn’t a neutral, or the ever-popular periwinkle blue, or one of the trendy shades of grey we’ve seen all over Pinterest. It is a complex, deep color that offers a sense […]

Surprise, surprise: California is the most expensive place to buy a home

Homes along the United States’ most popular coasts are known for their beautiful waterfront views, salty breezes and — you guessed it — sky-high prices. So it comes as no surprise that the five most expensive states for homeowners happen to be right along the ocean. Move inland and you’ll typically see a pretty hefty […]

Uber for renters: App brings on-demand apartment showings to NYC

Starting with the Big Apple, founder of Cribitt Stephen Steiner is trying to do for renters what Hobizbo, Curb Call, AgentPair, and HouseCall are already doing for homebuyers: connect them with agents for on-demand showings via mobile app. Stephen Steiner The company is keen on getting agents onboard early: it will cover the licensing fee for any new […]

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