The job market is at what economists consider full employment, home prices keep rising, and wages are showing signs of growth. Good news for real estate, right? If you’re a millennial hoping to buy your first home, maybe not. Supply and demand are huge factors in the housing market, and right now there’s an imbalance […]
August’s Pending Home Sales Index (PHSI), a monthly forward-looking indicator measured by the National Association of Realtors (NAR), declined 2.6 percent to 106.3 in August from a downwardly revised 109.1 in July and declined 2.6 percent year-over-year — the lowest reading since January 2016 (106.1). “August was another month of declining contract activity because of […]
The rumba, paso doble, salsa — Latin night on Dancing with the Stars was all about getting sexy on the dance floor and showing some spray-tanned skin. Drew Scott of Property Brothers fame, the only real estate contender left on the show after Barbara Corcoran’s elimination Monday, brought his game face and hairless man flesh, […]
What’s it like to be the CEO of a company celebrating its successful IPO? Redfin’s Glenn Kelman would tell you it feels exactly the same, and that his desire to stay focused on improving a business model that remains flawed hasn’t changed a bit. “I still worry that we’re going to show up late for […]
Ivan Zavala, the CEO of Puerto Rico’s largest brokerage and past president of the Puerto Rico Association of Realtors, is urging the National Association of Realtors (NAR) to lobby for the repeal of the Jones Act, a marine law dictating that all goods being delivered between U.S. ports be carried by American-owned and operated ships. In […]
Before the parsing, pissing and politicalization of President Trump’s nine-page tax reform proposal gets hot and heavy, here are some essential features that might help or hurt real estate. You can read the entire plan here. You can find a good rundown here from Business Insider. Warning: much of the proposal is still somewhat vague. For […]
Tax rates for agents and brokerages could significantly decrease and the mortgage interest deduction (MID) could become ever more elusive to homeowners under a tax reform plan unveiled Wednesday by Congressional Republicans and the Trump administration. In what could be a boon for some real estate companies and a potential bust for homeowners, the proposal […]
Alex Doubet is CEO and founder of Door, a Dallas-based brokerage that charges consumers a flat rate of $5,000 per side. The idea for his startup, which launched in 2015, sparked from a conversation with his mom, who in his mid-20s told him a story that he couldn’t shake. After coming away with 53 grand […]
Renting offers the safe haven of having a landlord and not having to worry about damage, repairs, paying off your 30-year loan or yard work. But being a homeowner has the allure of the American dream, building equity and wealth and owning something of your own. Making the jump from renting to owning is a […]
Calling buyer leads is a daunting task. People are often resistant to being on the phone and will say whatever it takes to hang up. And they definitely don’t want to be sold to. As a real estate agent, if you focus on nurturing the lead rather than building a relationship, you’ll lose the rapport […]
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