With a three-month extension of the National Flood Insurance Program set to expire in less than a month, the real estate industry on Tuesday cheered the passage of new House legislation that would reauthorize and reform the ailing 49-year-old insurance plan. Sponsored by Wisconsin Rep. Sean Duffy, the “21st Century Flood Reform Act” passed 237-189 […]
Microsoft founder and philanthropist Bill Gates made waves in the real estate world this week when it was revealed that one of his investment firms had spent $80 million to acquire a controlling stake in a large tract of land in Arizona, which will be turned into a “smart city” known as Belmont. The land, […]
Richard Cordray, the first director of the Consumer Financial Protection Bureau (CFPB), has resigned. The Obama-era appointee, who drew ire from real estate industry leaders after the federal agency fined two brokerages and two mortgage lenders for what it called an “illegal kickback scheme,” was considered a target of Congressional Republicans and President Donald Trump. […]
It’s often said that Realtors should act as the “mayor” of their neighborhoods or towns by becoming experts in everything local, acting as a leader and building long-lasting relationships. Living out that philosophy to the max, independent brokerage owner Jimmy Carroll just became the actual mayor of his hometown, the Isle of Palms in South […]
Marketing your real estate business can make or break your success, no matter where you’re operating or what business model you use — you know that already. But do you know precisely which marketing tactics will capture your ideal client? Or whether the new campaign you’re trying is effective (and why)? And do you have […]
When a listing this special comes across your desk, you pay attention. Ryan Serhant and The Serhant Team at Nest Seekers International just listed this incredible East Village Triplex for $4.2 million. Courtesy of Nest Seekers International It comes complete with 12-foot ceilings, a south-facing 500-square-foot private garden and cabana, exposed brick walls, a home […]
Characterizing tax reform bills pending in the House and Senate as “an assault on housing,” the National Association of Realtors (NAR) Wednesday broadly condemned numerous provisions in legislation that would either increase taxes on homeowners or provide fewer cuts than renters. Using its strongest language to date, the association decried the House proposal to lower […]
You never know where your Inman story will take you. After a chance meeting in the Twitterverse in 2010, Inman Connect San Francisco (ICSF) set the scene for chapter one of my friendship with Tara Christianson. However, in true “sliding doors” fashion, fate, busy hallways and the notoriously jam-packed Inman conference schedule kept us apart for […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Tuesday, November 14 Ten-X reports homes sales drop in Phoenix Single-family home sales in the Phoenix housing market fell 4.3 percent in the second quarter from the same time period one year ago. The Second Quarter […]
As Colorado agents and brokers wait impatiently, the state’s two largest multiple listing services (MLSs) have taken a crucial step toward merging. Following a non-binding agreement signed in September, the Denver area’s REcolorado and Northern Colorado’s Information and Real Estate Services (IRES) have signed a binding merger agreement with approval from REcolorado’s board of directors and IRES’s […]
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