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Mortgage originations sink to 4-year low: New York Fed

Mortgage originations sunk to a four-year low in 2018, according to the Federal Reserve Bank of New York’s quarterly household debt report released Tuesday. In Q4 2018, originations clocked in at $401 billion — the lowest level seen since the fourth quarter of 2014 ($278 billion).  Meanwhile, mortgage balances on consumer credit reports remained unchanged at […]

4 MLS mistakes that can kill your listing’s appeal

To make your listings pop on the MLS, you’ll want to avoid the common mistakes that are instant turnoffs and send perusers on to the next listing. Here are four seemingly small, but truly impactful, MLS mistakes you should avoid at all costs. Source: click here

WATCH: What trends should brokers be embracing in 2019?

Data is the new currency. Focus on culture and core values. The era of one-size-fits-all brokerages is dead! If you’re a broker, these are just a few of the trends you will need to grab ahold of and embrace in 2019.  Source: click here

Redfin Now’s all-cash homebuying offers are usually rejected

Glenn Kelman said most who receive offers from his company’s iBuyer program reject those offers, but he argued that the program still helps sell houses. Source: click here

Amazon abandons NYC HQ2 plan

Amazon’s controversial second headquarters in the New York City neighborhood of Long Island City won’t be happening after all, according to a new report. Source: click here

It’s a 320-square-foot shack. And it’s on the market for $2M

Location, location, location is a well-worn truism in real estate, but as any agent knows, building potential also plays a role in a property’s value. And that’s why a tiny, 320-square-foot New Hampshire cottage on the edge of Portsmouth has hit the market for $2 million. The 80-year-old property, located at 445 Marcy Street, sits on […]

Local content provider LiveBy is the newest addition to the MoxiCloud

Seattle-based real estate technology company, MoxiWorks, announced this week that LiveBy, a solution that provides localized, customer-facing marketing data and content for agents, is the latest member of its MoxiCloud, an omni-channel, “plug-and-play” platform. Source: click here

Engel & Völkers strikes partnership for Hispanic inclusion

Global real estate brand Engel & Völkers and the National Association of Hispanic Real Estate Professionals announced a new partnership Wednesday to promote inclusion and diversity in real estate.  Source: click here

Redfin iBuyer offers usually rejected: Redfin chief executive

Glenn Kelman said most who receive offers from his company’s iBuyer program reject those offers, but he argued that the program still helps sell houses. Source: click here

The next big paradigm shift? Quick appraisals in under 2 weeks

Anow processes more than 50,000 appraisals across the U.S., Canada and other countries each month, but the goal isn’t volume alone. Source: click here

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