Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Source: click here
Profits at real estate giant Douglas Elliman fell by nearly 75 percent in 2018, thanks at least in part to a slower residential market, according to the company’s latest earnings report. Douglas Elliman parent Vector Group reported Thursday that the real estate company brought in a net profit of $5.2 million in all of 2018. […]
If you are having second thoughts about the home you just bought, you’re not alone. Nearly two-thirds of homeowners between the ages of 23 and 28 have some regret about their purchase, according to new survey data from Bankrate. At 63 percent, millennials are more likely to regret the home they bought more than any […]
Fifteen months ago, Jamie Zapata began her career as a real estate agent after facing decades of discrimination at other jobs for being a transgender woman. Source: click here
Are there advantages to being small? How do indies compete in the current market? Red Oak Realty’s Vanessa Bergmark and Porchlight’s Amy Bayer will answer these questions and more onstage at Inman Connect New York. Source: click here
Home sales in Southern California is dropping fast, according to the latest data from property analytics provider CoreLogic. In January, 12,665 houses and condos were sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties — down 19.8 percent from January and 17.1 percent year-over-year. Among newly-built homes, sales fell 57.8 percent below average […]
Reposted with permission from J Phillip Faranda. Yesterday, the housing world was rocked when Zillow announced that their CEO of 10 years, Spencer Rascoff, would be stepping aside and that co-founder and original CEO Rich Barton would be taking over again. I, of course, have thoughts — so does the rest of the housing world, […]
Whether it’s a deceiving description, really unattractive listing photos or blurry videos — none of these strategies appeal to prospective buyers. These “tactics” for marketing listings just need to go away for good. Source: click here
After Remine announced it had raised $30 million, rumors began to swirl that MLS executives were among the firm’s undisclosed private investors. Source: click here
The company has smartly evolved into mobile marketing, launching a quasi-omnichannel solution for iOS and Android that will help agents manage their web-wide persona, better vet leads and, as the company stated in a phone call, forget about their desktops. Source: click here
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