Mortgage interest rates have increased for the seventh consecutive week, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed mortgage rate reached 4.40 percent — the highest since April of 2014. According to the survey: The average rate for a 30-year fixed-rate mortgage was 4.40 percent, up from 4.38 percent the previous […]
This winter, Inman is obsessing over leadership in real estate. We’re publishing profiles, Q&As, strategy guides, and an in-depth 5-part report on what the industry wants from its leaders. Then, on March 26-28, we’re going to gather those leaders in the California desert to digest all of these inputs and figure out where to go […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, February 22 Freddie Mac Primary Mortgage Market Survey 30-year fixed-rate mortgage (FRM) averaged 4.40 percent with an average 0.5 point for the week ending February 22, 2018, up from last week when it averaged 4.38 […]
Tech-centric Miami brokerage Home61 has found success helping clients buy and rent homes with its emphasis on speed and data. Now it’s launching a new business line: a flat fee for home sellers. Home61 clients will pay $6,100 — like the number in Home61’s name — for a dedicated agent who works through a tech platform to […]
Blockchain real estate startup ShelterZoom is seeing rapid growth — and working toward a mass market solution for cryptocurrency payments. The startup creates real estate technology involving blockchain, or the decentralized, distributed ledger that powers bitcoin and can also be used to track other kinds of financial transactions. Right now, the company runs an “Offer […]
How well do you know your on-demand consumers? As strategic management consultant Eric Bryn said onstage at Inman Connect New York’s Tech Connect, we know what they do, and we know how they do it … but do we truly understand the on-demand consumer’s why? The growing sense of urgency among this group of consumers and the […]
Leads can be expensive to find and hard to convert, but a broker-owner depends on them to survive. Stacy Stateham, co-founder, VP of marketing and tech at BloomTree Realty; and Nick Pasquini, CFO and Director of Business Development for Century 21 Redwood Realty; share the sources and programs that result in the highest conversion for their firms. […]
As Keller Williams works to lead major brokerages in technological innovation, the firm is partnering with the fast-growing community social network Nextdoor. Nextdoor will provide Keller Williams agents with data-driven insights about neighborhoods and communities, like popular topics of discussion and favorite local restaurants, and Keller Williams will allow its listings to appear on Nextdoor’s […]
In its latest earnings call Thursday, Seattle-based online brokerage Redfin posted a 38 percent year-over-year increase in revenue to $370 million for full-year 2017, resulting in a net loss of $15.0 million for the year, an improvement over its $22.5 million loss in for 2016. For the fourth-quarter 2017, Redfin reported a 43 percent increase […]
“If you can become omnipresent, leads are a byproduct,” said James Rembert, owner of Digital Natives, onstage at Inman Connect New York’s Tech Connect. Listen in as he explains how to achieve that omnipresence by harnessing tech tools, such as data funneling, that simplify the listing search. Watch more sessions from ICNY 18 here. Email […]
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