The Bureau of Economic Analysis today released its latest National Income and Product Accounts report, which revealed that real gross domestic product (GPD) grew by 2.6 percent year-over-year in the fourth quarter of 2017, a slight slowdown from Q3’s 3.2 percent year-over-year growth. The current-dollar GDP increased 5.0 percent to $19,738.9 billion. Overall, real GDP […]
NEW YORK — A real estate agent’s job doesn’t end after the sale. Because referrals are so crucial to meeting new clients and expanding your base, a sale is just the beginning of a long-term relationship between agent and client. Caroline Bass “I believe [our success with referrals] is due to all of the practices […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, January 25 U.S. Census Bureau and the U.S. Department of Housing and Urban Development Monthly New Residential Sales, December 2017 New Home Sales: Sales of new single-family houses in December 2017 were at a seasonally […]
The U.S. housing market has gained back all $9 trillion in value lost during the 2007 recession, according to a recent Zillow report. Furthermore, the average U.S. home is now worth $55,200 more than it was at the bottom of the housing bust. Zillow says West Coast markets have fared the best since 2007, thanks […]
Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. NEW YORK — Even though the 100 percent commission model is far from new, it’s still considered an alternative form of brokerage, often looked upon by stalwarts with overt disdain. It’s still a battle of old […]
NEW YORK — Agent teams and tech-savvy agents able to deploy state-of-the-art tools like artificial intelligence will replace the traditional brokerage firm over the next decade, Compass CEO Robert Reffkin told a rapt audience at Inman Connect on Wednesday morning. “When I talk with heads of brokerage firms across the country, they’re terrified about being […]
NEW YORK — Following the marketing trends of 2018 could put your real estate business at an advantage over the competition. Molly McKinley, the executive vice president of marketing for Relola, and Heather Elias, a Realtor and founder of LoCo Real Estate, highlighted the top 10 trends of the new year for an audience at Inman […]
A bad LinkedIn profile won’t do you any favors when it comes to getting more real estate referrals. In fact, unless your LinkedIn profile is clean, complete and professional, you’re better off without one. However, if you’re willing to put in the work to make your bad LinkedIn profile better, it can pay off in a […]
What loan opportunities do your clients have this year? In this video, Rick Guerrero sits down with mortgage expert Michael Clarke to discuss loan options for buyers in 2018. Rick Guerrero is the Director of Branch Sales and Strategic Partnerships at US Mortgage Corp. You can follow him on Facebook or connect with him on LinkedIn. Source: click […]
Preceding next week’s State of the Union address, the “State of the Housing Union” released today by realtor.com is characterized by strong buyer demand, tight inventory and frustrated millennials who have “hit the wall” on their homebuying aspirations due to lack of homes in their price range. Strong demand and weak supply have “set the […]
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