The real estate roller coaster continues as the National Association of Realtors‘ (NAR) Pending Home Sales Index (PHSI) slides to its lowest level in a year. “The significant shortage of listings last month along with deteriorating affordability as the result of higher home prices and mortgage rates kept many would-be buyers at bay,” said NAR […]
Warren Buffett Chris Goodney/Bloomberg In Warren Buffett’s 2016 investor letter released this past weekend, the folksy tycoon called out HomeServices of America (HSA) and said to expect more acquisitions. The company had $225 million in earnings last year, up from $191 million in 2015. HSA is part of Berkshire Hathaway Energy. “HomeServices may appear out […]
Alliance / Shutterstock.com Tax time is already upon us, and next season will be here before we know it. A real estate agent’s tax return is complicated enough, so don’t let poor record-keeping or murky expenses make the end of winter harder than it already is. Avoid these seven wrong turns when filing your taxes […]
We’ll add more market news briefs throughout the day. Check back to read the latest. National Association of Realtors’ Pending Home Sales for January 2017: The Pending Home Sales Index decreased 2.8 percent to 106.4 in January from an upwardly revised 109.5 in December 2016. January’s index reading is 0.4 percent above last January, but it is […]
Waiting in a grocery line a few weeks back, I stood behind a woman as she wrote a check. Scary.In the wire fraud age, consider the risk of giving up your name, address, bank routing and account numbers on a piece of paper passed around like a sex worker in the Patpong red light district […]
“Every 20 years or so, our lives are transformed by a powerful technology” that moves from the hands of a few to the hands of many. Adrienne Meisels, CEO and founder at myPlanit, talks about what to expect with the next big shift…. Source: click here
No rings have been exchanged yet, but two Texas MLSs are considering tying the knot.The Austin Board of Realtors and the San Antonio Board of Realtors have announced that they are in talks to merge their multiple listing services.More MLSs and associations are likely to consolidate this year, which could mean several benefits for agents […]
Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. We missed you last week! February 17 Frank Martell CoreLogic announced that COO Frank Martell is stepping in as CEO while current CEO Anand Nallathambi takes a medical leave of absence. This week’s new hires February 21 Garrett Derderian Stribling & Associates, a New […]
While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping every week’s noteworthy deals that didn’t make it into print (and some that did) for your perusal. We missed you last week! zipLogix […]
Check Inman every day for the daily version of this market roundup. 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 | Credio Average Home Equity Loan […]
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SAN ANTONIO/SOUTH TEXAS AREA: Atascosa, Bandera, Bexar, Comal, Dimmit, Guadalupe, Karnes, Kendall, Kinney, La Salle, Live Oak, McMullen, Medina, Uvalde, Zavala, Zapata
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