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Brooklyn sales prices move higher in Q2, report says

A new quarterly report from Ideal Properties reveals a slight temperament in Brooklyn sales prices between the first two quarters of 2016. Nonetheless, both Brownstone and North Brooklyn grew 2.3 percent in price compared to the same period last year. Brownstone’s residential properties sold for an average $1.361 million in Q2, while median prices sold […]

Silver Hill Funding hopes to fill America’s small-balance lending niche

Silver Hill Funding (SHF) underwrites small balance commercial mortgages, a niche business that is gaining traction and popularity for developers across the country. And as the economy returns to pre-housing crisis levels, SHF is opening its doors to service borrowers nationwide and looking to partner up with local banks. SHF typically originates loans in the […]

Why podcasts should be your next marketing venture

Are you building a business that is attracting clients, or are you still chasing clients? The stereotypical “chase business” is the stockbroker who calls you during dinner pitching a hot new stock. An attraction business is one that delivers such great value that people will stand in line during a rainstorm to work with you […]

Silver Hill Funding hopes to fill America’s small-balance lending niche

Silver Hill Funding (SHF) underwrites small balance commercial mortgages, a niche business that is gaining traction and popularity for developers across the country. And as the economy returns to pre-housing crisis levels, SHF is opening its doors to service borrowers nationwide and looking to partner up with local banks. SHF typically originates loans in the […]

Why the world needs bots — and humans, too

Bots — they’re everywhere. You can’t read anything without reading about the latest bot craze. But why now? Why are companies like CNN, Wall Street Journal and potentially Zillow investing in this tech, and what does any of it mean for you as a real estate agent or broker? To start, what exactly is a bot? A bot […]

Why downsizing helps the rental market

Here in Contra Costa, our real estate market is currently fueled by two things: technology and seniors. In many parts of the country, technology and senior-centric real estate is becoming more than a trend. As a real estate broker, I have found that Generation X is more prone to rent a home right now than […]

Moving with kids: What real estate agents should know

Red Oak Realty agent Corey Weinstein was recently helping a married couple — toddler in tow, pregnant with their second child and living on the East Coast — find a home in the San Francisco Bay Area. “Coming here to look at properties was a real challenge,” said Weinstein. “I knew generally what they wanted […]

Gap between appraiser/homeowner opinion of value grows to almost 2%

The saying goes that you have to see something to believe it — well, homeowners all over the country are seeing home prices skyrocket and believe that their home, too, should be worth more than they paid for it. According to the latest Quicken Loans Home Price Perception Index (HPPI), those perceptions are off by about […]

AREA, founded by members of real estate dynasty, is latest real estate tech accelerator

Here’s one sign investors are hot for real estate tech: A new real estate accelerator found and recruited one startup off social media. John Henry, program director of real estate tech accelerator AREA, said he’s “proactively sourcing” startups. He uncovered Spacio, an app designed to help agents milk open houses for more leads, by surfing Twitter. Spacio is one of six startups to […]

Roofstock expands to Miami and Los Angeles

Thanks to technology, RoofStock allows real estate investors to manage their holdings similar to portfolio investments — and now it’s eyeing various markets across the country. The website that lets investors purchase tenant-occupied, single-family rental homes is now listing homes in Miami and Los Angeles. “Miami represents a natural extension of our Florida presence, and has been a market characterized by […]

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