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Welcome to San Francisco, where a destroyed home is still worth $800K

Property values in San Francisco are some of the highest in the nation, and price growth in the city by the Bay has outpaced the rest of the country by 260 percentage points over the past 40 years. The market is now overvalued to the point where a small home in ruins is being priced […]

Amazon wants the keys to your home

Amazon’s steady encroachment into every corner of our lives has reached a new phase: now Jeff Bezos and co. want the keys to our homes. Amazon this morning announced a new service, the plainly-named Amazon Key, which invites Amazon Prime subscribers to install smart locks on the doors to their houses or apartments, which delivery […]

Real estate agent uses self-defense training to escape assault

Sherri Hinkel On Friday Oct. 20 real estate agent Sherri Hinkel met 26-year-old Micheal Beat, who said he was a potential homebuyer, at one of her listings near Pacific Springs Golf Course in Omaha, Nebraska. Hinkel had spoken with Beat on the phone several times before and looked him up online. Nothing struck her as […]

Home sales up 18.9 percent to 667,000

Good news for the housing market: sales of single-family homes rose by 18.9 percent in September, to 667,000 new houses sold, according to new stats released today from the U.S. Census Bureau and HUD (U.S. Department of Housing and Urban Development). This number is 18.9 percent higher than the revised rate of 561,000 in August […]

Why are existing-home sales underperforming?

Existing-home sales as measured by the National Association of Realtors are underperforming the rate supported by current market conditions, according to First American’s latest Potential Homes Sales model. The gap between actual existing-homes sales and their potential for the month of September is an estimated 453,000 sales or 7.8 percent, “due to supply constraints caused […]

Beloved Beverly Hills Realtor Ambra Bisconti dies suddenly

Beloved Beverly Hills Realtor and member of the Inman community Ambra Bisconti has died this week after experiencing a heart attack Saturday night. A large turnout from the local real estate community is expected at the funeral for the Hilton & Hyland agent, said Bisconti’s friend and former colleague Jennifer Berman, who lived just down the […]

PLNAR uses augmented reality to capture floor plans

Augmented reality can be fun, flashy and, as it pushes its way into the mainstream, also useful as hell. PLNAR, a new free app available exclusively on Apple iOS 11, falls mainly into the latter category by capturing room measurements without the need for measuring tapes and mental math. It’s not alone in the space (Magicplan, […]

Auction launched to benefit Hurricane Harvey victims

Luxury real estate auction house Concierge Auctions has set up a hurricane relief auction to aid those still recovering from the devastation caused by Hurricane Harvey. People are able to place bids now through October 27, and 100 percent of the proceeds will benefit families through Giveback Homes’ hurricane relief efforts. “As a company with […]

Don’t let your first-time buyers miss these important details

Watch the video to hear three real estate professionals explain what important details every new buyer should know — but sometimes doesn’t — and why it’s important for you, as their real estate adviser, to walk them through the real estate transaction and education them along the way…. Source: click here

Aston Martin is revving up for real estate

Aston Martin, a British luxury automobile brand that is synonymous with the James Bond franchise, has firmly planted its stake in Miami’s luxury real estate market with the building of the Aston Martin Residences on Biscayne Bay. Photo credit: Aston Martin Residences G&G Business Developments, a Miami property development company, asked Aston Martin to partner […]

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