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San Francisco is mostly made up of $1M homes now

San Francisco’s housing market has been widely recognized as one of the most expensive in the U.S. for the last several years, but a new dataset shows just how profoundly pricey it has become: there are now only 15 neighborhoods left in the entire city where the median home value is below $1 million, according to […]

Many renters struggle to meet basic needs: study

According to new research from the Urban Institute, renters are not only more likely than homeowners to find themselves in distress, they are also more likely to have difficulty digging themselves out of their financial issues. Source: click here

Realtor unearths family mementos left behind by homeowners, uses social media to track them down

While cleaning her home of 18 years to ready it for a sale, Realtor Connie Schwartzman noticed something unusual in one of the corners of the attic. A pink and blue baby book, full of jotted-down family memories, photos and animal stickers, had been left behind by a former owner of the building. An associate […]

More properties are equity-rich than ever before

The number of American properties that are equity-rich has reached an-all time high of 14.5 million, or according to new third quarter 2018 data from property data tracking firm Attom Data Solutions. An equity-rich property is defined as one where the combined estimated amount of loans secured is 50 percent or less of the property’s market worth. More […]

What the new Congress means for real estate

When it comes to real estate, don’t expect any sea changes coming from last night’s midterm election in which Democrats seized a majority in the House and Republicans tightened their control of the Senate. For one the housing market, unlike the stock market, does not make sudden moves based on events like elections. Buyers will […]

Real estate now fastest revenue growth segment: News Corp. CEO

News Corp, the parent company of Move’s realtor.com and Australia-based REA Group, reported Wednesday that its revenue grew to $2.52 billion, a 23 percent increase year-over-year. Source: click here

Why Zillow is right to boot underperforming Premier Agents

The interwebs were abuzz last week with Zillow Group’s announcement that it is introducing a “CSAT” (customer satisfaction) component to its Premier Agent platform. Here’s Jay Thompson’s take. Source: click here

DocuSign and NAR partner to offer products to digital neophytes

The electronic document company has partnered with the National Association of Realtors to offer use of the software at no charge to agents who have never facilitated a deal by electronic means. Source: click here

Pros and cons: 9 bathtub materials to consider

Owning a home is a perpetual investment. It requires routine inspections, regular maintenance and a broad range of additional expenses both predictable and unexpected. Potential buyers want to feel confident that their money is going toward their future comfort and security — not down the drain. Real estate agents have a responsibility to these buyers […]

Laura Monroe shares what not to miss at Inman Connect New York

Inman Connect New York is right around the corner, taking place at The Marriot Marquis Hotel in Times Square, January 28-February 1, 2019. With so much on the agenda for this event, how do you make sure you’re making the best use of your time, attending the right sessions and leveraging all the networking opportunities? […]

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