The U.S. Census Bureau today released its October 2017 new residential sales report, which boasted an average home sales price of $400,200 — the highest since March 2007’s average of $329,400. The sales of new single-family houses in October 2017 were at a seasonally adjusted annual rate of 685,000. This is 6.2 percent (+/- 18.0%)* above […]
If there’s anything the Inman community knows how to do really well, it’s get together to solve problems, learn from each other and have fun. This is never more apparent than during the Inman Connect New York conference (January 22-26, 2018), where over 5,000 attendees from 25 countries will gather to hear more than 300 […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Monday, November 27 The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau: New residential sales statistics for October 2017 Click image for original PDF report. Sales of new single-family houses in […]
A battle for the soul of the Consumer Financial Protection Bureau (CFPB) played out Monday inside a federal building in Washington. The real estate industry watched with fascination as White House budget chief Mick Mulvaney sought to wrest power from the agency’s acting director. Reporting for duty at 1700 G Street with a bag of […]
A trendy coffee shop in Five Points, one of Denver’s oldest neighborhoods, was roundly criticized for putting out signage that made light of gentrification. The backlash brings to the forefront the conversation surrounding the ugly underbelly of the city’s rapid growth and transformation, namely, the displacement of longstanding, often-minority residents, the New York Times reported […]
Inman Connect New York is right around the corner, taking place at The Marriot Marquis Hotel in Times Square, January 22-26, 2018. With so much on the agenda for this event, how do you make sure you’re making the best use of your time, attending the right sessions and leveraging all the networking opportunities? We […]
Paul Barbagelata of Barbagelata Real Estate Group and Jennifer Kjellgren of Intown Expert Realty have both cultivated an indie brokerage culture worth chatting about. These broker-owners aren’t afraid of taking risks, they jump at every opportunity to serve their community and agent happiness and quality of life are always top priority. They use their brick […]
Did I drop the ball? Yes, I could have done better. But they were at fault as well. My team did everything we could to make them happy, and nothing we did satisfied their requests. I bent over backward for these customers. So what happened? Well, instead of just asking for a refund, our customers jumped […]
When sellers get multiple offers on their home, my practice is to email every offer to the seller as it comes in, and then I prepare a multiple offer spreadsheet so that they can compare offers side-by-side. I recently met with sellers to go over multiple offers and came to a new realization: sellers are […]
Let’s face it, being mobile is a necessity for a real estate agent who plans to be around in the future. There are still some agents who believe being mobile still means carrying a laptop around with them, but it is so much more than that, and customers know it when they meet you. The industry […]
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