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Real estate daily market update: November 30, 2017

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, November 30 Freddie Mac Primary Mortgage Market Survey 30-year fixed-rate mortgage (FRM) averaged 3.90 percent with an average 0.5 point for the week ending November 30, 2017, down from last week when it averaged 3.92 […]

Home values nationwide to see sharp declines from GOP tax plan

Home values in California could plunge by more than $56,000 and owners there could be exposed to $30,000 in new capital gains taxes under a House tax proposal that would cap the mortgage interest deduction at $500,000 and alter tenure requirements, new data indicates. The brunt impact of the so-called “Tax Cuts and Jobs Act” […]

Cheat sheet: A cultural guide to December holidays

I grew up in a strict, religious Greek Orthodox family. We went to service every Sunday (and on holidays) unless we were bleeding from the eyeballs. Trying to explain my religious upbringing caused a lot of confusion among those unfamiliar with the Eastern Orthodox faith; throughout the years, I have been asked many bizarre questions: […]

Cloud MLX interface now free for agents of nation’s largest MLS

For years the real estate industry has been talking about offering agents an MLS “front end of choice” — or alternative interfaces for agents to input and search for listings — and on Wednesday the biggest multiple listing service in the country made it happen for its more than 85,000 members. Starting Wednesday, all members […]

Inventory uptick, slower price growth expected in 2018

2017 has been a tough year for buyers, but according to realtor.com’s 2018 predictions, help is finally on the way in the form of slower home price appreciation and 7-percent growth in single-family housing starts. “Next year will set the stage for a significant inflection point in the housing shortage,” said realtor.com Director of Economic […]

Rising rents are making it harder to save for a home

It’s getting harder for younger generations of renters to save to buy their own home, with rising rents gobbling up more and more of their income.  Meanwhile, homeowners are finding their monthly mortgage payments are coming down. According to new Zillow research, affordability is worsening for renters as stagnant incomes and rising rents are costing […]

Connect/Reflect: These are my people!

Katie Lance is no stranger to Inman Connect New York, which will be here before we know it (January 22-26, 2018 at the Marriott Marquis Hotel, Times Square). We recently got the opportunity to spend some time with Katie and asked her what advice she’d give new attendees, what she’s learned over the years and […]

Connect/Reflect: Don’t be afraid to ask questions

If you’ve been a regular at Connect over the years, you’re sure to have seen Bill Lublin. CEO of Philadelphia’s largest Century 21 firm, Bill has been a speaker, moderator, attendee, and all-round facilitator of great discussions at Connect for many year. We recently got the opportunity to pick Bill’s brains on what makes the […]

Imprev wants to make marketing simple for every agent

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Imprev is a marketing services platform for listings, agents and brokerages. Platforms: Browser; companion iPhone app Ideal for: Any size office or team looking to consolidate marketing tools Top selling points Stand-alone listing pages Multiple CRM […]

Get an outside perspective to kick 2018 into high gear

When everyone in real estate is doing the same thing, there’s a huge opportunity to differentiate your business — but there’s also a risk of alienating your clients when you do. So when you get a chance to hear from people who’ve taken that risk and are thriving as a result, it pays to listen […]

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