Agents and homeowners who have property on the market (or under contract) that has been caught in Florence’s destructive path will be facing major challenges while trying to close their deals. Here’s what to expect. Source: click here
Today’s real estate landscape is filled with noise about supposedly game-changing technology. But without a clear purpose, this technology has limited value and utility. Recently while at ICSF, I attended a demo from a newer “technology-focused” brokerage claiming to have a platform that could disrupt the real estate industry. The interface of their product was […]
It’s only been in the last few years that virtual brokerages have popped up, and they’re a hot topic within the industry. Without a physical location, virtual brokerages have significantly lower overhead costs and can scale their business with relative ease–two big reasons why they’re growing in popularity. But there’s no reason why a traditional […]
Self-employed workers have a hard time qualifying for a mortgage. A new bill called the Self-Employed Mortgage Access Act could change that. Source: click here
Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in the last two years that existing, single-family detached home sales have reached that low. “Home sales activity remained on […]
A Douglas Elliman agent who formerly served as chief operating officer of Credit Suisse died after the small plane her husband was piloting crashed near a home in Woburn, Massachusetts, the brokerage confirmed Monday. Jodi Cohen, 52, and her 65-year-old husband Michael Graver, the chief of adult cardiac surgery at Northwell Health’s North Shore University […]
In real estate, innovations in technology have ignored the consumer. Instead, agents get clever digital marketing tools and backend applications. Source: click here
This article was originally published by First American and has been reprinted with permission. Last month, we noted in our latest Real House Price Index (RHPI) report that house price appreciation may be slowing. According to our RHPI, 21 cities experienced a monthly decline in their real, consumer house-buying power-adjusted price level. One reason for the price […]
AutomatIQ Borrower evaluates how much debt a borrower can take on by looking at consumer data and income verification services. It is designed to be the first of a series of new initiatives to build a more efficient lender underwriting system. Source: click here
The following is a reflection from Glenn Kelman, CEO of Redfin, on the years since the 2008 global financial crisis. It has been republished from the Redfin blog with permission. Ten years ago, on September 15, 2008, the great financial crisis began with Lehman Brothers’ bankruptcy. I remember a board meeting in which an investor […]
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