August’s S&P/Case-Shiller Home Price Index shows that home prices are continuing to ascend to all-time highs with no signs of slowing down. August 2017’s national index comes in at 195.05, a 6.1 percent year-over-year increase from August 2016 and a seasonally adjusted 0.1 percent month-over-month increase. “Home price increases appear to be unstoppable,” said S&P Dow Jones Indices Managing […]
Last year in the second quarter, the homeownership rate hit 62.9 percent, the lowest recorded since 1965 in a pattern of decline that began in 2005. As shown in the graph below, the homeownership rate has been creeping up since that historic low, though it remains an arms-length from the height of the boom when the […]
Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. In the last year, agentimpress.me has expanded its services to offer full-featured, easy-to-use website building capabilities that enable real estate agents to efficiently manage dynamic, mobile-optimized web marketing tools. The back end is as visually compelling […]
This timeline of events shows how the Upstream project, an industry initiative to give real estate brokers more control over their data, has unfolded each step of the way. For the complete story, read “What does Upstream have to show for itself?” Oct. 4, 2013 Craig Cheatham of the large brokerage network The Realty Alliance […]
The National Association of Realtors (NAR) is pouring $15 million into Upstream, an online platform designed to give real estate brokers more control over their data, including property listings. NAR has twice now allocated large chunks of Realtor dues to the project ($6 million in May 2015 and another $9 million in May 2017). But more […]
Sellers often get a little lost in the hustle and bustle of everyday life; in their rush to leave for work or clear out before an open house, they sometimes forget to pick up the kids’ toys, straighten up their yards and — most unpleasantly — clean their bathrooms. Watch Keller Williams agent Leah Lewis, […]
Every month, economists release a number of indices, reports and analyses of the housing market, and it can be difficult to keep up with them all. Thankfully, the National Association of Realtors (NAR) recapped the month in its new Housing Minute monthly video series. September existing-home sales increased 0.7 percent to a seasonally adjusted annual […]
Over the years, real estate agents have tried just about everything imaginable to get a leg up on the competition in an effort to get more clients and make more sales. Some of the marketing ideas these creative souls have implemented have been innovative and groundbreaking, but others’ methods have left a bad taste in […]
Some MLSs are for-profit while others are non-profit. Some are owned by one shareholder while others are owned by multiple associations. Some owners are involved with decision-making while others are bit more hands off. Watch Council of Multiple Listing Servies CEO Denee Evans on the Inman Connect stage with a panel including UtahRealEstate.com CEO Brad […]
Although homeownership rates are still low — just 63.7 percent this past second quarter — several big players in the mortgage industry are pulling away from products that help homebuyers with credit challenges. Earlier this year, Freddie Mac announced it was ending its zero-down payment loan options effective Nov. 1, and other large banks also have […]
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