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New residential home sales plummet to 2-year low in September

New residential home sales dropped 5.5 percent in September to a low unseen for nearly two years, according to a new residential sales report released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). Nationwide, new single-family home sales dropped to a seasonally adjusted rate of 553,000 units — a […]

5 Halloween marketing tricks that’ll treat you to loads of referrals

By taking advantage of the Halloween festivities, you’ll be able to tap into the fun and get a little word-of-mouth marketing going before everyone is consumed with the holiday season. Here are five hacks that’ll get your real estate business some buzz. Source: click here

Why the housing market will stay strong through 2021

Against a background of “phenomenal demographics” and an end of rising mortgage rates, the Mortgage Banking Association expects the housing market to remain strong for “at least the next five years” — and maybe even longer. Source: click here

EXp Realty to acquire vendor of its virtual world

EXp Realty announced on Tuesday it is acquiring VirBELA, the virtual reality platform and company that has operated its cloud-based virtual brokerage world since 2016. Source: click here

Flat-fee brokerage Reali expands into Los Angeles

By pushing into Los Angeles, Reali now operates across the entire Golden State. In addition to LA proper, the company is now operating for the first time in LA-adjacent Orange and Santa Barbara counties as well. Source: click here

Trulia founder: The 3 ways tech will transform real estate next

Pete Flint Editor’s note: Pete Flint founded Trulia in 2005 and was the company’s Chairman and CEO before it merged with  Zillow in 2014 to create the largest online real estate portal company. In 2016 he joined venture capital firm NFX where he is Managing Partner and has spearheaded continued investments into real estate tech.   […]

4 things you should know before becoming a part-time real estate agent

The idea of starting a real estate career can be tempting, however, the idea of not getting a paycheck every Friday can be intimidating. This is why so many people choose to begin their real estate career part time. Before jumping in, there are a few things to think about. Consider this: According to the […]

You need to save for 7 years to make a down payment on a home: Zillow

If your family earns the U.S. median income of $60,748 a year and dutifully puts 10 percent of it away every month, it’ll take you seven years to save enough for a down payment on a median-priced $217,300 home, according to a new Zillow analysis released on Monday. Nationwide, those who earn a median salary and […]

Should a family of 7 be able to live in this duplex? Yes, says HUD

A Wisconsin couple has been charged with discrimination by the U.S. Department of Housing and Urban Development for denying the rental application of a family with five children. On Tuesday, HUD charged Chuck and Lynn Hietpas with violating the Fair Housing Act — a 1968 law that prohibits denying people housing “based on familial status” along with other factors such as race, religion, […]

RE/MAX Select partners with MoxiWorks, eyes national expansion

RE/MAX Select, a New Jersey-based RE/MAX franchise is partnering with real estate technology company MoxiWorks to offers its agents new technology tools. Source: click here

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