CoreLogic today released its Home Price Index (HPI) and HPI Forecast data for December 2017, which boasted 6.6 percent year-over-year growth. December is the fifth consecutive month with year-over-year increases measuring more than 6 percent. Gains were modest month-over-month at 0.5 percent. CoreLogic CoreLogic chief economist Dr. Frank Nothaft says rising income matched with consumer […]
Should homebuyers and sellers working on transactions now worry after the Dow dropped 1,175 points yesterday, marking the worst single stock market day since 2011? No, not unless the six-and-a-half years since the 2011 plunge have worried you. They have turned out just fine. The primary cause of this tumble? Markets that go straight up […]
The stock market has been on a roller-coaster ride since late last week, with a historic one-day plunge in trading, and a ripple effect that struck the rest of the globe Tuesday. But most economists will tell you the historic highs over the past two years were bound to result in a correction of sorts […]
Houzz, the successful tech platform for architecture and all things home design, announced Tuesday the acquisition of interior design business management startup IvyMark in a move that has catapulted it further into the business side of home design. IvyMark’s software provides a variety of tools, including project management, furniture delivery scheduling, product clipping from vendors, and […]
For the the heavily regulated real estate industry to see significant adoption of blockchain–the underlying system that powers popular cryptocurrencies such as Bitcoin and Ethereum–there needs to be reassurance that these new technologies are legal, secure, and above-board. That’s why Fifth Wall Ventures, an L.A.-based venture capital firm focused on real estate technology and which […]
If you’re not putting time and energy toward giving your clients an amazing experience they won’t soon forget, you’re not putting yourself in a position to grow your business down the road. Having said that, however, not all clients are worth going the extra mile for. In fact, some clients aren’t worth working with at […]
In survey after survey, frustrated first-time buyers rank getting qualified for a mortgage among the top barriers that keep them from owning a home. After years of limited options, buyers with less than good credit but the commitment to improve will finally get a break. Despite conventional wisdom to the contrary, lending standards for mortgages […]
As a real estate agent, you run into many different types of clients: first-time homebuyers, downsizing retirees, relocating families and the often-dreaded investor clients. I’m sure every agent can remember the first few calls they got from investors. Someone wanting to buy multiple properties a month? Paying cash for all purchases? Easy commissions, right? I’ll […]
It’s been said time and again by economists, housing experts and real estate professionals alike a boost in residential housing starts is the key to meeting high buyer demand and slowing home price growth, which is currently at 6.6 percent year-over-year. Historically and presently, home prices are highest on the West and East Coasts and are […]
Former Keller Williams CEO Chris Heller will join loanDepot’s new brand mello Home as CEO, the company announced Wednesday. Mello Home is a new platform and vertical from loanDepot, under parent company LD Holdings. The platform launched at Inman Connect NY 2018 in late January and expands loanDepot’s lending focus to match pre-approved buyers with […]
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