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Home prices in DC continue to climb up, CoreLogic says

CoreLogic’s June report finds that loan refinancing doesn’t make sense for a lot of current homeowners in the U.S. Forecasts predict mortgage rates will increase this year, so CoreLogic used its data to determine refinancing conditions, mortgage denial rates and the overall health of the housing market throughout the nation. As of May 12, 2015, the […]

Luxury listing: custom craftsman in McLean

This custom home in McLean, Virginia features a stone-wrapped fireplace and vaulted ceilings for a spacious yet warm atmosphere. The house also comes with a gourmet kitchen, library/office and master suite for an extra layer of privacy. PreviousNext jQuery(document).ready(function(){jQuery(“#ism-slideshow-1”).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);$(“#ism-slideshow-1”).on(“slid.bs.carousel”, function () {jQuery(this).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);});}); The home’s price has recently been reduced to $2.275 million and […]

Why Facebook groups are the worst place for agents to get advice

“Does anyone have success with open houses? What should I do to increase attendance?” “I’m just getting my real estate license and wondering which brokerage firm is best?” “My buyer didn’t get his mortgage because he lost his job and he didn’t tell anyone. How do I get his deposit back?” These are the kinds […]

S&P/Case-Shiller: Spring home prices keep racing full speed ahead

Wise men say that what goes up must come back down, but home prices still haven’t gotten the memo. New monthly numbers from the S&P/Case-Shiller Home Price Index indicate that home prices are still rising, with no sign of slowing down anytime soon. April 2016’s national index is 178.69, a 5 percent year-over-year increase from April 2015 […]

Redfin assigns ‘Opportunity Scores’ to properties in partnership with ‘The Opportunity Project’

EMBARGOED UNTIL 8:00 AM EST In partnership with a White House initiative, Redfin has unveiled property ratings designed to help consumers pinpoint homes that offer short, low-cost commutes to lots of jobs. Redfin’s “Opportunity Scores” are meant, in part, to promote economic mobility, though whether they actually do may be a matter of debate. Redfin assigns “Opportunity Scores” to properties based […]

How sellers can catch the first-time buyer wave this summer

The spring real estate market has been one of the busiest in nearly a decade, with homes moving the fastest since the start of the housing recovery, and asking prices reaching record highs. As the summer market heats up, first-time homebuyers are expected to make significant contributions to the already-impressive buyer pool, catapulting demand higher than […]

Why using Snapchat for more than marketing is beneficial

Dustin Brohm of SearchSaltLakeCity.com joins Homesnap’s Gayle Weiswasser to talk about using Snapchat to create both marketing content and fun social media to build a strong set of followers — who can easily turn into clients — without making them feel pressured. Dustin Brohm is an Inman contributor, Salt Lake City Realtor and the founder of SearchSaltLake.com. […]

Daily market update: June 28, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest.   Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio   Home equity rates: Average Home Equity Loan Bank Rates by State | […]

Podcast: 4 reduction rules for when the price is wrong

Your sellers insisted on a higher list price — and now the home is just sitting. How do you get the much-needed price reduction without being shown the door? Before the sellers gets the chance to fire you, make sure you’re not the one committing real estate malpractice by not communicating with them. Remember. When […]

7 trends that will make or break traditional real estate

Nearly all business outlook reports now have a section for an increasingly powerful market segment: the millennials. Young adults born between the early 1980s to the early 2000s are included in this segment otherwise known as Generation Y. Millennials are self-expressive, innovative and receptive to new ideas and ways of living. The rapid speed of […]

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