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7 reasons Trump’s tax plan is good for real estate investors

Although the Trump tax plan, known as the “Tax Cuts and Jobs Act,” was promoted as a tax cut for the middle class, the major benefits go to corporations, entrepreneurs and real estate investors. And most noteworthy are these top seven positive changes for real estate investors. 1. 20% pass-through deduction This new 20 percent […]

Restb.ai uses AI to tag room features for easy searching

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Restb.ai is software that automatically identifies property images and tags their contents. Platforms: Browser Ideal for: Multiple listing services (MLSs); portals; large brokerages with listing pages; any agency looking to boost SEO rankings. Top selling points […]

What happened when I Connected: Making the future more magical

We recently caught up with first-time Inman Connect New York attendee and Hamilton, Ontario, native Tony Iacoviello, the self-proclaimed “Geeky Agent,” to hear about his experiences of being in the room at Hacker Connect and to find out what he found most valuable during the week. What was your favorite session, and why? I could […]

5 rules for playing nice with other real estate agents

For many years, I was on a self-centered journey where I thought all paths led back to me. I honestly believed during that time that the “sandbox” I played in was either all mine, or at least, a territory governed by my rules. There is a common ugly behavior I see often in real estate. I […]

HUD awards $1.5 billion for Puerto Rico hurricane recovery

The U.S. Department of Housing and Urban Development (HUD) today announced it has awarded more than $1.5 billion to owners of Puerto Rico’s hurricane-ravaged housing and local businesses. The island is still in full recovery mode after Hurricanes Irma and Maria. Mayor Ernesto Irizarry Salvá of Utuado, a town in the mountains of Puerto Rico, […]

Software giant Constellation acquires Real Estate Digital

Constellation Software Real Estate Group is steadily adding to its portfolio of SaaS companies for real estate. The software giant acquired Real Estate Digital from Xome Holdings on Thursday. Constellation owns just over a half-dozen brands that offer real estate software services, including Market Leader, Sharper Agent, Zurple, Z57, Diverse Solutions and Birdview. Constellation acquired […]

Airbnb blamed for rising rents in NYC

A new report, “The High Cost of Short-Term Rentals in New York City,” claims Airbnb has caused the median rent in New York City to rise by 1.4 percent over the past three years, costing renters anywhere from an extra $380 to $700, depending on the neighborhood. From September 2014 to August 2017, Airbnb is estimated […]

Real estate cryptocurrency startup Deedcoin secures SEC registration

Deedcoin promises to disrupt real estate commissions by letting clients pay agents partly in its own digital currency tokens. Earlier this week, the startup announced it was officially on the books with the Securities and Exchange Commission to try it out. The SEC granted Deedcoin a CIK number. The number will be used to track […]

Real estate daily market update: February 1, 2018

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, February 1 Freddie Mac Primary Mortgage Market Survey 30-year fixed-rate mortgage (FRM) averaged 4.22 percent with an average 0.5 point for the week ending February 1, 2018, up from last week when it averaged 4.15 […]

Homeownership goals remain strong despite volatile market

NerdWallet today released the results of its 2018 Home Buyer Report, which revealed that despite low inventory, rising home prices and higher costs of living, 75 percent of Americans still say buying a home “is a priority,” and 35 percent of Americans plan to purchase a home within the next five years. Out of all […]

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