We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, May 31 Pending home sales once again hindered by inventory Inventory is down 9.0 percent from a year ago, causing a constraint on buyer demand. April’s PHSI, which is based on contract signings, dipped to […]
With more than 20 years working with brokerages, associations and MLSs under his belt, Matt Cohen, chief technologist at Clareity Consulting, has seen the ever-changing shifts in real estate technology firsthand. A sought-after speaker on the topics of security and data, Cohen will take the stage during Inman’s Hacker Connect event on Monday, August 7, to get hands-on with attendees who […]
For the second month in a row, the three-year inventory drought punished sales in April, driving them down on every national market report. This happened despite a demand so strong that prices soared and time on market decreased as homes sold at record pace. Sales fell from 2.3 percent to 4.6 percent on a monthly […]
The concept of human-to-artificial intelligence interaction isn’t anything new. Software developers and engineers have been toying with different interfaces for decades. While their use has been primarily limited to the IT sector, recent advancements in technology have made them increasingly popular across all customer-centric industries, including real estate. Now, prospective homebuyers can use chatbots to assist […]
Whether you’re talking romance or real estate — relationships are tough. Even when the real estate market is booming, it can be a treacherous field to navigate: Good leads can turn into bad flakes, loyal clients can dump their agents and, even if a client and agent make it far together, sneaky agents are always […]
At the end of the first quarter, inventories fell to their lowest levels since the beginning of the recovery and fell to a 3.8 months’ supply by the end of March. By April, tight supplies reached a point where they started crippling sales, which fell 2.4 percent. On a national basis, the total supply improved […]
If you’re a real estate broker or agent, your Facebook friends list is probably full of other agents, both in your local market and across the country. And if that’s the case, your feed is full of client photos and videos. Clients looking at houses. Clients considering houses. Clients signing contracts. Clients holding sold signs. I recently […]
I just love it when a check comes in the mail a few weeks or months after I referred a friend, family member or client to a Realtor in another market. I try my very best to find the perfect match. Sometimes I even turn leads away (insert gasp here) with instructions on how to […]
Boston Logic, a provider of real estate brokerage software, has gulped down customer relationship management system (CRM) Propertybase, marking the first in a series of planned acquisitions. Boston Logic CEO David Friedman declined to disclose terms of the deal, other than to say that Propertybase will retain all of its employees. Boston Logic became Providence […]
We’re officially in the countdown stretch for Inman Connect San Francisco (ICSF), and there might be some questions you’ll be mulling over again and again (and again) until the day arrives — questions like: Who’s attending? Who’s speaking? What’s the agenda? Who are the sponsors? There’s one tool that will help you keep tabs on […]
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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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