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New construction strengthens in August BLS jobs report

The July housing market has been deeply impacted by low inventory, which landed a one-two punch on existing-home and pending home sales. But the August 2017 Employment Situation Summary from the Bureau of Labor Statistics (BLS) signaled there may be some help on the way. The report shows that total non-farm payroll employment rose by 156,000 […]

New study reveals the top place sellers want listings promoted

Save My Spot Are you keeping up with tech trends in your market? Results from a recent NAR poll show that over 40% of sellers are expecting YOU to get their listing to show up on this site… Tune in for this educational webinar to find out which one — and gain insight into conversion […]

Feel like quitting real estate? 11 ways to bounce back

When Realtor Erin Brumleve is worn out with real estate, she turns whatever is bugging her into a ditty and sings it to her team. “Yesterday’s song went like, ‘Sometimes clients really love it when a real estate agent apologizes … even if it’s not their fault,’” she commented in Inman Coast to Coast. “It […]

A month in review: The July housing market

Every month, economists release a number of indices, reports and analyses of the housing market, and it can be difficult to keep up with them all. Thankfully, the National Association of Realtors (NAR) recapped the month in its new Housing Minute monthly video series. July sales dipped 1.3 percent to a SAAR of 5.44 million […]

Texas leads the way in WalletHub’s best real estate markets list

Beyond country music, world-famous barbecue and one-of-a-kind hospitality, you’ll find the nation’s best real estate markets in Texas — the cities of Frisco, McKinney and Allen took the top three spots WalletHub’s 2017 list. WalletHub analysts compared 300 small-, mid- and large-sized cities across 21 indicators of housing market strength and attractiveness that include factors such […]

$128M acquisition puts Ellie Mae closer to ‘first true digital mortgage’

Agents and brokers know that one of the most painful parts of a real estate transaction is one that continues to be mired in paperwork: obtaining the mortgage. In the hopes of addressing that problem, mortgage finance firm Ellie Mae is spending $128 million in cash to acquire Velocify, a lender lead management platform that […]

What experts say Hurricane Harvey communities need most

There is a feeling in the real estate industry that writing a check isn’t enough when it comes to giving — that you have to physically do something to truly make a contribution. But this week, the Houston Association of Realtors and Giveback Homes both stressed that monetary donations are what’s needed most to help […]

Labor Day deals: 20 real estate closing gifts you won’t want to miss

What’s more stressful than buying the perfect gift for your mom on Mother’s Day? Buying a closing gift for a client! There’s plenty of things to consider such as the price, how the gift will fit your buyer or seller’s needs and making sure it’s memorable enough to serve you well down the line when […]

Marketing materials made easy: Compass releases new agent tool

In March, Compass released Compass Collections, a proprietary collaborative search tool that enables buyers to “organize, monitor, discuss and collaborate” with their agents on a number of properties they’ve picked. The tool aimed to reduce confusion and streamline the search process, saving precious time in a housing market where new listings are being swept up quick. […]

Decline in July pending home sales reflects affordability issues

July’s Pending Home Sales Index (PHSI), a monthly forward-looking indicator measured by the National Association of Realtors (NAR), declined 0.8 percent to 109.1 in July from a downwardly revised 110 in June and declined 1.3 percent year-over-year — the fourth year-over-year hit the index has taken within the past five months.   “With the exception […]

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