We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Friday, December 15 December 2017 Re/Max National Housing Report November became the sixth month of 2017 to post an increase in year-over-year home sales, bucking prolonged trends of home price increases and inventory declines. The sales […]
Stay updated with our latest coverage on the Republican tax reform legislation that has the industry buzzing. Republicans finalize tax reform bill for vote next week Deal reached on tax reform Here’s how NAR wants to fix tax reform These U.S. counties rely on real estate tax breaks the most Senate passes tax reform bill […]
San Diego-based real estate agent Lauren Taylor, a Realtor with Big Block Realty and a proud Navy wife, serves a special homebuyer niche — military families relocating to Southern California who must find a home at a moment’s notice. The challenge of helping her clients view a large number of homes in a short amount of time […]
Sticking to a script that economists and real estate analysts had long anticipated, outgoing Federal Reserve Chairwoman Janet Yellen on Thursday announced a modest benchmark interest rate hike of between 1.25 percent and 1.50 percent, a move widely perceived as a reflection of confidence in the U.S. economy. The 25 basis point hike, announced at […]
As expected, the Fed raised the overnight cost of money by 0.25 percent to a band of 1.25 percent-1.50 percent. Movement of the Fed rate — up or down — can put pressure on mortgage interest rates, which often follow the lead of the 10-year Treasury note aka the “long bond.” The immediate response in […]
Since 2012, when inventories of active listings started to decline on a national level, supplies of homes for sale have fallen 24 percent. Year-over-year inventories have fallen for 29 consecutive months. Shortages have inflated prices by 48 percent since 2011, limited choices for buyers and made homeownership too expensive for thousands of first-time and middle […]
They say a home will sell if the price is right. What if that price is (a volatile) 250 bitcoin? Realtors listing a luxury oceanfront home on the market for nine months in Clearwater Beach, Florida, are putting that question to the test. Buyers interested in the Belleair Shores property can now pay with the […]
The rise of online real estate brokerages has given homebuyers and sellers instantaneous access to more data and resources than ever before. With the growing availability of real estate advice — reality television shows about buying homes, renovation and décor blogs, Pinterest pages and interest in DIY — real estate has transformed into entertainment and […]
Reposted with permission from Valerie Garcia. Every year some media outlet inevitably rounds up the worst faux pas of the social media world and writes some witty blog post about the downfall of a big brand. This is not that post. Instead, I’d like to share a few examples of times that brands got it right […]
It’s cold, it’s dark, you’ve been counting down the days to the dark month of winter solstice. Good news! Your clients just called and scheduled a showing of a hot new listing tonight, after work. Time to head out the door; you want to be early to make time to turn on all the lights, […]
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