December’s data from six of the nation’s leading monthly market reports paint a picture of extraordinary demand that has made inadequate supplies of homes for sale even more dangerous by driving up prices above sustainable levels in some markets. Inventories remain critically low. Beyond the numbers, which feature annual double-digit inventory declines in four of […]
In this day and age, people search for everything online. The internet has changed the way people research purchases large and small. We go online to shop for everything from clothing, to appliances to cars. And the real estate industry is not immune to these changes. You already know that homebuyers are searching online and […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Attom Data Solutions ‘Best Month To Buy A Home’ Report: Buyers get, on average, a 6.1 percent discount in February. January, March and April are the next-best months in which to buy. Mortgage rates: 30-Year Fixed Rate Mortgage Rates […]
There is a season to sow and a season to reap — and after sowing for a little over eight years, Airbnb is finally reaping the benefits of its hard work. In the second half of 2016, Airbnb became profitable for the first time — a feat that Uber has yet to reach. According to a report […]
While the National Association of Realtors’ Existing-Home Sales Report signaled an “autumn revival” last fall, the Pending Home Sales Index (PHSI) painted a bit of a different picture, with rollercoaster indices that took a sharp turn downward in November thanks to continuing inventory problems and increasing mortgage rates. Thankfully, the latest PHSI have ticked slightly upward — a […]
Larry Kudlow — who’s worked for the Federal Reserve, the Reagan administration and has hosted his own television show — spoke at Inman Connect New York to discuss what he thinks we can expect from the new administration … Source: click here
The government has begun subsidizing the institutionalized single-family rental market, signaling an endorsement of Wall Street’s buy-to-rent housing bet as homeownership lags … Source: click here
iPlum is an app that creates a second phone line on the Android or iOS device you already use … Source: click here
As Realtors, we are often asked if people should install solar panels. There is no question that the addition of solar panels is on the rise. According to the Solar Energy Industries Association, “In 2015, California installed 3,266 MW of … Source: click here
This month’s situation: A successful longtime partnership is coming apart, and the broker is caught in the middle … Source: click here
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