Privately owned housing starts increased 18.6 percent from December 2018 to January 2019, but were still 7.8 percent lower than January 2018, according to the most recent statistics from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). Housing starts were reported at a seasonally adjusted rate of 1,230,000, of which […]
A homeseller has filed a class action lawsuit challenging a principal tenet of how the real estate industry works in the U.S. as well as one of the main reasons behind the existence of multiple listing services: the sharing of sales commissions between listing brokers and buyer’s brokers. Source: click here
Attom Data Solutions, a company with a massive archive of property information, has unveiled a cloud-based system that it believes could save clients huge amounts of money and ultimately do for data what Netflix did for streaming video. Attom launched its new Data-as-a-Service, or Attom DaaS, program this week. The DaaS will give companies faster, […]
Nationwide, the average price of a single-family home fell modestly to $249,400 in January, from $256,400 in December. The average home cost $261,600 in 2018 and $248,800 in 2017, according to new National Association of Realtors data, released Friday. The modest downtick pushes the National Association of Realtors’ Housing Affordability Index to 155.8 points, compared to 155.3 […]
Luxury real estate brands excel in sophisticated branding, marketing and copy writing. Here are five ideas that real estate businesses looking to scale in 2019 can learn from luxe brands. Source: click here
Most agents will agree that losing a deal they’ve worked hard to put together is never fun. Sometimes though, it can almost feel like a higher power is at work and a failed deal can truly save the day. Here are three examples of how it can all work out just fine. Source: click here
In this tale of two homebuyers — one who sold at the bottom of the market, and one who bought — we look at what happens when a homebuyer decides to play the long-term game and why we must teach our clients the long-term benefits of owning a home and locking in a mortgage payment […]
There’s much hype about technology in the real estate industry, but are real estate agents even using the technology available to them properly? Does the use of technology result in more sales? Will the company with the best technology win? And if so, what will they win? So many unanswered questions about agent tech — […]
The number of homeowners sitting on negative equity has grown for the first time in four years, according to new data from CoreLogic released Thursday. Nationwide, 35,000 more homeowners now owe more for their mortgages than their homes are worth — an unexpected figure given that the numbers have been falling since 2015. In total, […]
Keller Williams company-wide purge of “ghost agents” immediately dropped the franchisor’s agent count by nearly 11,000, according to company earnings. Source: click here
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