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In parts of San Francisco, a six-figure salary is still ‘low-income’

In some parts of San Francisco, $117,400 a year — a princely sum in most cities and states — might not be enough to elevate a family of four from a “low-income” designation under Department of Housing and Urban Development standards. On Monday, HUD released the latest income brackets for major cities in the US. […]

New tool Attomized AVM estimates property values for 80M homes

There’s a new way for lenders to gauge the value of a house. On Tuesday, Attom Data Solutions and AVM Analytics introduced the Attomized AVM, a new automatic valuation tool for those who need to estimate the value of a property. The automated valuation model (AVM) is lender-grade and available as a white label solution […]

How Lennar turned itself into a major tech investor

Lennar is a builder, known for breaking ground on new construction throughout the country. But in the past six months, the 64-year-old company has co-led a $325 million tech startup funding round, debuted exhibition smart homes in partnership with Amazon and put its traditional new-build customers in the iBuyer pipeline. Source: click here

‘Basic Instinct’ or commodity feminism: What’s going on in this C21 Australia ad?

Recently, this C21 Australia Real Estate brand marketing image made some waves on Facebook. Almost immediately on a post, the comparison to the iconic image of Sharon Stone in Basic Instinct was noted. Credit: C21 Australia Real Estate Facebook I confess to having a past career in marketing and branding. So, I decided to do a […]

Home prices rise for the 72nd straight month: Case-Shiller Index

Home prices surged for the 72nd straight month, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index, announced Tuesday. In the nine markets the index tracks, home prices in April rose an average of 6.4 percent, year-over-year, down slightly from last month’s 6.5 percent year-over-year gain. Seattle, Las Vegas and San Francisco have […]

The best way to grow your business at Inman Connect

How can agents, tech companies and brokerages all move Faster, Better, Together? Learn how this July at Inman Connect San Francisco. Buy your ticket here, and remember that Select members get a $100 discount. Thinking of bringing your team? There are special onsite perks and discounts when you buy those tickets together too. Just contact us […]

See where home prices increased the most across the U.S.

Homesellers are reaping the benefits of steadily skyrocketing home prices, especially on the West Coast, according to a new report from real estate tech giant Zillow. The median price increase between sales for home sellers was nearly $39,000 nationwide, but in some markets that number climbs into six-digits. “In a housing market that’s been plagued by […]

HUD approves $5B Hurricane Harvey recovery plan for Texas

Help could be on the way for needy Texans still reeling from the devastating impact of Hurricane Harvey. The United States Department of Housing and Urban Development (HUD) announced on Monday the approval of a $5 billion disaster recovery plan, which will be funded through the department’s Community Development Block Grant-Disaster Recovery Program. “The Trump […]

Here’s where sellers made the biggest profit on their homes

Homesellers from San Jose to San Francisco are reaping six-digit windfalls thanks to steadily skyrocketing home prices, according to a new report from real estate tech giant Zillow. The median price increase between sales for home sellers was nearly $39,000 nationwide, but in some markets on the West Coast that number climbs into six-digit territory. “In […]

51% of homeowners plan to renovate their homes this year

According to Houzz’s 2018 House and Home report, homeowners aren’t shelving their renovation plans — 51 percent of homeowners are planning to begin or continue projects this year. Source: click here

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