I’m working on a new weekly email featuring my thoughts on the industry and more. Check out last week’s here (“Pocket listing + dual agency = home sale horror story”). Send me feedback at brad@inman.com. And if you would like this in your inbox every Friday, sign up here: (function() { var qs,js,q,s,d=document, gi=d.getElementById, ce=d.createElement, […]
It would be awfully tempting for an overly confident real estate industry to put on a cape of invincibility right now and do nothing. Home prices are sky high, the unemployed down to a sliver and quiet markets have been stable just long enough for agents and brokers to relax. But threats lurk in the […]
How long should a franchisor hold onto an agent’s personal information after that agent has left the franchisor for different pastures? That’s a question many former Keller Williams agents are asking themselves after they received notice last week that a “security incident involving the personal information of some of current and former associates” could have […]
Opendoor, an “iBuyer” that makes quick offers on homes and can close in days, is gearing up to expand to Orlando and Tampa, Florida. The expansion will mean squaring off in new markets against competitor OfferPad and Zillow Instant Offers, an iBuyer marketplace that includes OfferPad but excludes Opendoor. Opendoor, which has raised more than $300 million […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Friday, July 21 Mortgage Rates Move Lower 30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for the week ending July 20, 2017, down from last week when it averaged 4.03 percent. A […]
In June, HGTV teamed up with Leading Real Estate Companies of the World and Luxury Portfolio International for its 2017 Ultimate House Hunt. The month-long showcase and contest featured the world’s most beautiful homes across eight categories, such as “Modern Masterpieces” and “International Homes.” “Each year we look forward to joining with HGTV and working with […]
Who got hired or promoted this week? Here’s our weekly rundown. From last week: Lizete Alves Nestio, a real-time marketing and leasing management platform, has announced that Lizete Alves joins the firm as its business development and partnerships director. In this role she will be responsible for solidifying the firm’s partnerships and integrations, and managing […]
Check Inman every day for the daily version of this market roundup. Day-by-day market activity: Friday, July 21 Mortgage Rates Move Lower 30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for the week ending July 20, 2017, down from last week when it averaged 4.03 percent. A year ago at this […]
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! July […]
Selling privately can be tempting for entrepreneurial sellers who believe it takes little effort to offload their rapidly appreciating home, and FSBO sales are perhaps even more tempting in these low inventory conditions, with homes flying off the market like hotcakes. Even so, according to the National Association of Realtors’ (NAR) 2016 Profile of Home […]
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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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