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Facebook Marketplace now lets you book home services like cleaning, repair and more

Facebook Marketplace will let you book home services through the Facebook app through partnerships with home services startups HomeAdvisor, Handy and Porch. Source: click here

‘Silver Tsunami’ on horizon as aging baby boomers seek to downsize in greater numbers

A “Silver Tsunami” of aging baby boomers could soon heighten demand for smaller, more affordable housing, according to a report from the Oregon Office of Economic Analysis. Millions of baby boomers — those men and women born between 1946 and 1964 — could seek to downsize en masse in the coming years as they approach their […]

Coach Julie Nelson on the 80% who want more — but not all

It’s OK not to want to be in the industry’s top 1 percent, but you can make a good start, or up your game as an experienced agent, according to trainer/agent Julie Nelson’s new book, “Success Faster: Quickly Launch or Relaunch Your Real Estate Career.” Source: click here

Realogy is the only residential real estate brokerage on the 2018 Fortune 500 list

Realogy Holdings Corporation — the home of NRT, Coldwell Banker, Century 21, ERA, Sotheby’s International and Better Homes and Gardens Real Estate — today announced that its the only residential real estate franchisor or brokerage on the 2018 Fortune 500 list of the biggest companies by revenue in America. The company has made the list eight times […]

New home sales drop 1.5% in April, experts say no cause for alarm

New home sales faltered in April, continuing a downward slump that began in December and — with the exception of a 4 percent spike in March — has fallen in every month since. Source: click here

Opendoor will now let any builder sell new homes through its ‘trade-up’ program

Opendoor will extend its home trade-up program beyond its pilot program with Lennar to all builders, the iBuyer announced Wednesday. Customers for this program visit a homebuilder office, find a home from a builder that they want to move into right away or find a lot in progress that’s expected to be ready in a […]

NAR allows tougher sanctions for Realtors who violate Code of Ethics

On Saturday, the board of directors of the National Association of Realtors (NAR) approved changes to the trade group’s professional standards that allow state and local associations to more frequently publish to their members the names of Realtor Code of Ethics violators and include photographs of the violators — if they want to. Source: click […]

New York City’s rent stabilization laws are easily exploitable, NY Times reports

Weak rent stabilization laws in New York City are ripe to be exploited, a new piece published in “The New York Times” found. While there are still roughly 1 million rent-stabilized apartments left in New York City, they’re starting to vanish one by one, according to the report. Source: click here

Buyers are giving up the search for that perfect starter home

According to Trulia’s latest market analysis, homebuyers and sellers are finally seeing eye-to-eye when it comes to the sales price. Market mismatch — the measurement of the price gap between search interest and available listings — has dropped 15 percentage points quarter-over-quarter to an average score of 11.1 (0 being perfectly matched and 100 being completely […]

eXp Realty starts trading on Nasdaq as EXPI

Virtual brokerage eXp Realty is set to start trading on the Nasdaq Monday morning under the ticker EXPI, the company said before markets opened. eXp Realty, under its parent company eXp World Holdings, has been trading on the middle-tier venture market OTCQB and applied to uplist to Nasdaq in April. The company announced it had […]

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