What would happen if the government mandated that real estate brokers make all their listings accessible publicly to everyone online, free-of-charge? It would result in “a tragedy of the commons,” Redfin CEO Glenn Kelman and Vice President of Recruiting, Partner Programs and MLS Relations Chelsea Goyer wrote in a blog post published in late December. Their […]
Despite tight inventory and increasing home prices, many potential homebuyers — particularly millennials — remain optimistic about the market and their ability to buy a home of their own. In fact, the Fannie Mae Home Purchase Sentiment Index hit an all-time high this past September and was at 87.8 in November, very near the high […]
For what are you willing to rearrange your schedule, budget and comfort? The newest tech gadget? Your favorite celebrity? A sick family member? You favorite team going to the national championship? You have probably seen others do it: camp outside for hours to purchase the newest iPhone or see the latest blockbuster movie, spend several […]
Dusty Baker’s real estate blog caught Inman’s eye four years ago, and he was asked to speak at ICSF about social media and digital marketing. Before that, he started out as an unpaid real estate intern when he was in college. He worked for a handful of top producing luxury agents locally, which led him […]
As the founder and CEO of Caldwell Banker France and Monaco, other real estate agents often ask me questions about how to get into international luxury. Let’s talk about the two questions I get asked most: How can I make sure my listings are seen by the affluent around the world? How can I receive […]
With home prices rising 7 percent year-over-year, renting is often seen as a more affordable alternative to buying. But as ATTOM Data Solutions latest rental affordability report shows, that isn’t necessarily true for a good chunk of the population. According to ATTOM’s analysis — which includes fair market rent data for 2018 from the U.S. […]
A former employee of Move Inc., the parent company overseeing realtor.com, is suing Move, accusing it of defrauding realtor.com’s agent clients by charging them for services they never ordered or received, and of billing their credit cards without authorization. In an eight-count amended complaint filed in Los Angeles Superior Court on Jan. 3, former Move sales […]
Cadre, an online investment marketplace, announced that it has closed $250 million in commitments from global investment banking company Goldman Sachs’ private wealth clients, a move that will enable Goldman Sachs’ private clients to easily invest in Cadre’s broad-based portfolio of commercial real estate assets. Cadre holds itself up as “a smarter, data-centric approach to investing, […]
Seattle-based tech-powered brokerage Redfin today announced the expansion of Redfin Mortgage into Pennsylvania — the fourth market added since Redfin Mortgage’s launch in January 2017. Redfin senior communications specialist Alina Ptasynnski said Pennsylvania was a “natural early market” since Title Forward, Redfin’s title business, is headquartered there. Redfin Mortgage, serving Redfin’s buyer clients exclusively, offers […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, January 11 Freddie Mac Primary Mortgage Market Survey 30-year fixed-rate mortgage (FRM) averaged 3.99 percent with an average 0.5 point for the week ending January 11, 2018, up from last week when it averaged 3.95 […]
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SAN ANTONIO/SOUTH TEXAS AREA: Atascosa, Bandera, Bexar, Comal, Dimmit, Guadalupe, Karnes, Kendall, Kinney, La Salle, Live Oak, McMullen, Medina, Uvalde, Zavala, Zapata
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