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Housing market will remain ‘positive, if not spectacular’ until 2020

Economists who spoke at the National Association of Home Builders’ (NAHB) annual convention and expo last week had a very important message for the real estate world: Mortgage rates will remain manageable — for now. Source: click here

5 reasons we jumped the KW ship for eXp

The Ellis Team was with KW for two years and RE/MAX for nearly 18 before that. Now they are betting against franchises entirely. Here’s why leaders Rick and Tracy Ellis decided to make the move to a virtual brokerage in the name of expansion. Source: click here

What ‘The Golden Girls’ can teach you about property descriptions

If you struggle with writing property descriptions, take a tip from the girls and from some of the standout features of Blanche’s home at 6151 Richmond Street, Miami. Whether you’re listing a tiny condo or a luxury estate, some elements are always worth mentioning. Source: click here

Here’s how RE/MAX plans to end consumers’ Zillow addiction

RE/MAX will begin previewing its forthcoming end-to-end real estate platform for agents and consumers this week at its R4 conference in Las Vegas. Source: click here

Celebrities, nudity and a camel: The ‘home tour’ that had it all

Last weekend, the luxury developer Nile Niami hosted an extravagant home tour for his 14,000-square-foot home just off L.A.’s Sunset Strip. Source: click here

Realogy stock craters to all-time low after missing guidance

After reporting less than expected revenue and missing its earnings per share guidance, shares for Realogy cratered Tuesday, reaching an all-time low, according to real-time financial data. Source: click here

WATCH: The innovative data platforms you need to know about

Learn about the up-and-coming data initiatives that could change the way real estate does business from CoreLogic’s Lucie Fortier, Midwest Real Estate Data’s (MRED) Rebecca Jensen and Wilmington Trust’s Joseph Deller at Inman Connect New York. Source: click here

New housing construction falls

Residential housing starts fell a staggering 11.2 percent in December, despite encouraging growth in previous months, according to a new sales report released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Single-family starts, meanwhile, fell by 6.7 percent from the  month before. In total, only 1,078,000 private housing starts were […]

Home prices jumped 5.7% year-over-year at the end of 2018

Home prices across the country jumped 5.7 percent during the final months of 2018 over the year before, with the mountainous states in the western U.S. seeing the strongest growth. The Federal Housing Finance Agency’s latest report, published Tuesday, found that home prices grew in all 50 states during the fourth quarter of 2018. However, they skyrocketed in western […]

Insurance startup TheGuarantors secures $15M Series B round

Insurance startup TheGuarantors has secured $15 million in Series B funding. Founded in 2016, the company works to secure leases and provide insurance to New York-based renters who would not otherwise qualify for them. As landlords in cities with expensive real estate markets often turn down those who do not have high incomes and excellent credit […]

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