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Unemployment rate climbs to 4% in latest jobs outlook

Nonfarm payroll employment increased by 213,000 in June, but overall unemployment in the country rose 0.2 percent to 4 percent last month, according to the latest data from the U.S. Department of Labor’s Bureau of Labor Statistics. The total number of unemployed persons in the country increased by 499,000 to 6.6 million, month-over-month. Employment is […]

Why AI could be the next big thing in mortgage approval

With many expressing dissatisfaction about the speed of the current loan approval process, artificial intelligence (AI) may soon play a major role in deciding how much mortgage one can get. CoreLogic, a global property and analytics provider, released a blog post saying that the current loan approval process is lengthy and often inefficient — many […]

Home prices in San Francisco have risen an astounding $561 a day

The median single-family home in San Francisco has jumped $205,000 in price – or $561 a day, every day – from the first half to 2017 to the first half of 2018, making it one of the hottest markets ever, according to a midyear market study from Paragon Real Estate Group. “By any measure, the […]

Want to shoot a real estate commercial? Consider these 8 things first

If you’ve ever watched a television commercial and thought, “I would love to shoot something for my real estate business and not only get a ton of sales but become a celebrity in my town,” I have some advice for you. Here are eight very important things to consider. Source: click here

A new startup will try to sell your home at the highest price for 90 days — and then go full iBuyer

Based on a model similar to popular iBuyers such as Knock and Opendoor, Felix Homes offers to buy a homeowner’s house for a prearranged price. Source: click here

Mortgage rates decline again after steady rise throughout the spring

Mortgage rates dipped for the fifth time in six weeks according to mortgage giant Freddie Mac’s most recent Primary Mortgage Market Survey. The rate for a 30-year fixed mortgage averaged 4.52 percent for the week ending in July 5, down from last week’s 4.55 percent average but up significantly from the 3.96 percent average a year […]

Connect the Sessions: Mark Slade on ‘Demand Gen 3 Ways’

How can agents, tech companies and brokerages all move Faster, Better, Together? Learn how this July at Inman Connect San Francisco. Buy your ticket here, and remember that Select members get a $100 discount. Thinking of bringing your team? There are special onsite perks and discounts when you buy those tickets together too. Just contact us […]

Connect the Sessions: Karin Carr on ‘Demand Gen 3 Ways’

How can agents, tech companies and brokerages all move Faster, Better, Together? Learn how this July at Inman Connect San Francisco. Buy your ticket here, and remember that Select members get a $100 discount. Thinking of bringing your team? There are special onsite perks and discounts when you buy those tickets together too. Just contact us […]

How would a more conservative Supreme Court impact real estate?

The Supreme Court of the United States could have a more conservative makeup soon, and while it’s purely an exercise in speculation at this point, it could likely be a mixed bag for the real estate industry and consumers. Source: click here

GlobalListings.com to buy World Property Journal for $33M

Property listings platform GlobalListings.com has made a deal to purchase World Property Journal for $33 million. Based out of Southern California, GlobalListings.com posts more than 2.1 million real estate listings from 125 different countries each month. As part of the deal, Miami-based World Property Journal will provide local real estate news coverage and market data […]

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