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Housing inventory down 25% from 2 years ago, analysis shows

The supply of homes for sale this spring is so depleted that one of the nation’s valuation firms predicts that the inventory drought will reduce total home sales this year as shortages drive up prices and buyers fail to find properties they can afford, according to the latest analysis from Pro Teck Valuation’s Home Value […]

Kids illustrate fair housing, and the results are amazing

A person snoozes in bed and dreams of an inviting place to call home. Boys and girls of different countries, represented by their flags, join hands in front of a modest house with a red roof. A cityscape features diverse faces smiling from the windows of their apartment buildings. Real estate regulations don’t exactly conjure the […]

Behind the sale of the late Agnes Moorehead’s Beverly Hills home

Beverly Hills has a certain mystique that surrounds it — it’s one of the most coveted and well-known ZIP codes in the world thanks to lush estates inhabited by Hollywood stars, first-class dining and shopping, and a hit TV show that bears its name. One of the most famous homes in Beverly Hills is a […]

Is Trump’s tax plan good for homeowners? Nope, says NAR

President Donald Trump released his tax reform plan today, which will result in what the White House is calling the “biggest tax cut” in history. In response, the National Association of Realtors (NAR) had this to say in a statement: “Major reforms are needed to lower tax rates and simplify the tax code but shouldn’t […]

Real talk: Zillow Group’s new brand, ‘millennial worship’ and Upstream

Reposted from VendorAlley with permission from Greg Robertson. If you ask Wiktionary, to swim upstream means “to opt for a difficult course of action when a simpler alternative is available.” And if you ask Rob Hahn and Greg Robertson, real estate’s Upstream venture is a prime example of doing things the hard way. Here, Hahn […]

What the 15-percent foreign buyer tax has done for Canadian (and American) real estate

In August 2016, anyone from a country other than Canada who was closing on a house in Vancouver (or elsewhere in British Columbia) was slapped with significant sticker shock when the government unveiled a 15-percent tax on real estate sales to foreign buyers. Like foreign investors in any area, many of those sales were for high-end properties, and […]

Ask the experts: How digital workflows sharpen a brokerage

DocuSign innovators discuss how digital transformation will help you close faster than the competition Independent experts and real estate brokerages around the country agree: getting rid of paper and going digital is a win-win for savings and earning power. Not only can it save time, storage and supply costs, it empowers agents and engages clients […]

6 simple steps for agents to increase personal safety

As Realtor and safety expert, Paula Monthofer says it’s a jungle out there. And unfortunately, real estate agents are some of the easiest targets; they’re both visible and eager to be kind and available to every potential client that comes their way. Here are some of Monthofer’s simple and effective tips for increasing personal safety, […]

Daily market update: April 26, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, April 26 Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey Mortgage applications increased 2.7 percent from one week earlier The Refinance Index increased 7 percent from the previous week The seasonally adjusted Purchase Index decreased […]

Zillow Group’s Homeownership cost tool included?

How much is a “transaction-ready” buyer worth? Real estate giant Zillow Group may find out when it relaunches the newest addition to its portal arsenal, Last month, Zillow Group announced it would revamp the domain as a consumer search portal targeting millennial homebuyers. Now, multiple sources have confirmed that Zillow Group plans to incorporate a […]

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