MLS mergers can be troublesome and even the smoothest can take years to fully roll out. But one newly merged MLS has gone from idea to reality in seven short months. Connecticut MLS (CTMLS) and the Greater Fairfield County CMLS first started merger talks in December 2016. They legally consolidated and became SmartMLS on April […]
A cozy one-story ranch with a freshly painted and decorated nursery. Three bedrooms and at least two bathrooms. A bouncing baby girl (we hoped!). Barbecues in the spring with friends to celebrate our new home. These were all the things I envisioned for my life at the start of my homebuying experience. Like many first-time […]
About a year and a half ago, real estate agent Ronnie Burnham was looking for a tool that would both help him reach more homebuyers and give him an edge over other agents in his market. Ironically, he found that tool being offered at no additional cost to all the members of his MLS, the […]
As of 2016, 71 percent of non-homeowners believe student loans are hindering their ability to buy, and more than half of those borrowers believe student loan debt will keep them from buying a home for at least another five years. WalletHub recently published its 2017 “States with the Most and Least Student Loan Debt” list, […]
While home prices continue to rise at breakneck speed, average rent growth has slowed to 0.1 percent month-over-month and 2.6 percent year-over-year. In dollar amounts, that results in a meager $1 increase in rent from June to July. Renters in New York and Texas experienced the largest decreases in monthly rent, a much-needed reprieve for […]
After a string of less-than-stellar jobs reports earlier this summer, it seems that things are turning around for buyers just in time for the beginning of the fall buying season. The July 2017 Employment Situation Summary from the Bureau of Labor Statistics (BLS) shows that total non-farm payroll employment rose by 209,000 jobs last month and that […]
Affordability continues to be an issue across the U.S., especially in densely populated large metropolitan areas such as New York City, Washington, D.C., San Francisco, Los Angeles and Seattle. The majority of studies about affordability focus on numbers, percentages and ratios, but don’t particularly explore the real-life ramifications for those who are bearing the brunt […]
At least three more New York City brokerages have joined an industry boycott of Zillow Group — though some agents at firms participating in the revolt are apparently breaking ranks. Warburg Realty, Kleier Residential and Tungsten Property said they had stopped feeding listings to StreetEasy and other Zillow Group-owned sites and had adopted an industry-operated listing […]
Save My Spot The social media landscape is constantly changing with new platforms, trends, influencers … and even mo’ mentions. Learn the keys to harnessing that conversation to your advantage, whether you’re a large brand or a local real estate agent. This webinar will show you how agents and brokerages alike can improve their social […]
This week’s news is mostly a tale of misinformation. But first, some reliable data. July payrolls released this morning grew by 209,000, enough to stop cold a decline in mortgage and other long-term rates and roughly double the monthly gain, which would stabilize the unemployment rate at today’s 4.3 percent — either stop hiring, or […]
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