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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 […]

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 […]

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 […]

Infographic: How much is it to rent a one-bedroom in Chicago?

Zumper recently examined May’s median rent prices of one-bedroom homes in Chicago this summer. Here are its findings: Since May 2015, the price of one-bedroom units in Chicago decreased 4.4 percent, while two-bedroom units increased a slight 0.8 percent. Near North Side fetched a median price of $2,100 for one-bedroom units in May and was Chicago’s most expensive neighborhood to rent […]

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 […]

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 […]

Luxury listing: historic Lafayette house in Alexandria

This historic manor in Alexandria, Virginia, once hosted French General Marquis de Lafayette during his grand tour of America at the invitation of President James Monroe in 1824. Despite hundreds of years passing, the house has still kept its elegance, with double parlors, pine flooring and a spacious library on the upper level. PreviousNext The home is […]

Podcast: Sit or sell? 5 secrets to selling fast

You want a sale, and so does the seller. So, why are you often accused of only wanting to price the home to pad your pocket faster? It’s all about how you present your case. Pricing a home to sell can feel like a tug-of-war with the seller, but it doesn’t have to be. Change […]

4 WeChat insider tips to gain and convert Chinese clients

China gets criticized in the West for banning sites such as Twitter, Facebook and Google. What is often overlooked is that the country’s homegrown internet companies are often more popular, more profitable and more innovative than their counterparts in the U.S. While Statista reports that Twitter has 320 million users and Instagram 400 million, China’s […]

Freddie Mac releases San Francisco market indicator

Freddie Mac released it’s monthly Multi-Indicator Market Index (MiMi) last week, measuring housing activity on a national and state scale and providing relative data for the top 100 metro areas in the nation. MiMi ranks each state and city based on four indicators: purchase application rate, which is based solely on applications for single-family homes in the […]

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