Actor Joseph Gordon-Levitt is moving on in life. His stylish 1940s Los Angeles ranch just hit the market for $3.85 million. Courtesy of Compass The 3847 Franklin Avenue property, which is located in the upscale Franklin Hills neighborhood, boasts 3,771 square feet and sits on one-third of an acre of land. The house, which was built […]
Hispanic Americans accounted for more than a third of all household formations over the last decade, and were the first minority demographic to make homeownership gains after the recession, according to a new report. The report, from the National Association of Hispanic Real Estate Professionals, reveals that between 2008 and 2018, “Hispanics accounted for 39.6 percent […]
General Electric has agreed to pay $1.5 billion to the U.S. Justice Department over allegations that one of its subsidiary businesses made misrepresentations related to subprime lending. The Justice Department announced the agreement Friday, saying in a statement that General Electric subsidiary WMC Mortgage “misrepresented the quality of WMC’s loans and the extent of WMC’s internal […]
It’s been a year since Zillow’s ambitious undertaking to buy and sell homes to consumers with quick-close, all-cash offers under the “iBuying” model. Source: click here
A California luxury real estate investor whose homes have drawn the attention of Hollywood celebrities was arrested along with two of his associates on charges of running a $1.3 billion-Ponzi scheme that swindled millions of dollars from thousands of investors, including ABC News anchor George Stephanopoulos. In 2016, the Securities and Exchange Commission (SEC) began […]
Catch up on the news this weekend The essential guide to Wall Street and real estateBY JIM DALRYMPLE II | APR 8 Man used stun gun on real estate agent during open house: PoliceBY VERONIKA BONDARENKO | APR 9 Does the car an agent drives to a listing appointment matter?BY JIM DALRYMPLE II | […]
The National Association of Realtors affordability index ticked up in February, meaning the typical family had more estimated income to afford a home at the national median price, according to data released Friday. The affordability index reached 156.9, meaning the typical family possessed 156.9 percent of the estimated income required to purchase a home. It’s […]
If you’ve ever had stressed out buyers, you know that they can consume your time, resources and energy. Take the time to explain the purchase process and set expectations, and you’ll create a zen buyer experience that your clients will remember forever. Source: click here
Why aren’t we looking closer at views, favorites and the metrics that make a listing stand out? Troy Palmquist digs into popular sites’ metrics, or lack thereof. Source: click here
There’s been much dialogue around why agents choose a certain brokerage and what makes them so fiercely protective of the one they’ve picked. The bottom line is it’s an intensely personal decision, which comes as a result of many different factors. Here are some questions you need to ask yourself — and some things you […]
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