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6 hard truths about buying a fixer-upper

The lure of the fixer-upper is tempting for buyers. The “bargain” price of a fixer, compared to the price of an average house nearby, makes a real estate agent’s phone ring off the hook with showing requests. The hard truth, however, is that fixers do not make sense for most buyers. An agent with a […]

How a real estate broker added value to his business by launching the Seattle School Guide website

Phil Greely, a real estate broker at Realogics Sotheby’s International Realty in Seattle, understands better than most real estate salespeople that school ratings don’t give a complete picture of any school. “I was going to be a high school teacher before I got into real estate; I have my master’s in teaching from the University […]

Zillow helping homebuilders figure out where to break ground

Homebuilders that advertise with Zillow Group can now get deeper insight into homebuyer preferences and housing supply to figure out where to break ground next. Housing analysis tools and data have been baked into Zillow Group’s platform for homebuilder advertisers that market listings on Zillow and Trulia. Drawing on homebuyer search activity, “as well as […]

Why Bob Goldberg, NAR’s new CEO, has some convincing to do

Reposted with permission from Rob Hahn. In the middle of the afternoon on Friday, June 23 — a curious time to be releasing such major news — NAR announced that it had chosen NAR Senior VP Bob Goldberg to be the next CEO, replacing the retiring Dale Stinton. As you can imagine, I’ve had more than […]

Daily market update: June 26, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Monday, June 26 Affordability Increases Despite Tightening Domestic Monetary Policy, According to First American Real House Price Index Real house prices decreased -1.6 percent between March and April. Real house prices increased by 11.0 percent year-over-year […]

NAR: Sellers aren’t selling, renter confidence continues to dip due to financial fears

According to the National Association of Realtors Housing Opportunities and Market Experience Survey (NAR HOME), the solution to low inventory woes may not come from robust housing starts or flipping single-family rentals into owner-occupied homes again. It may come from the 71 percent of homeowners who feel it’s a “good time to sell” their home — […]

How long will we be in this financial market standstill?

Financial markets are in a most peculiar place: a standstill. This last week extended the June freeze: The 10-year T-note this week traded between 2.19 percent and 2.14 percent; mortgages are not moving at all, hovering close to 4.00 percent; and the S&P 500 stayed between 2435 and 2447. The period of exceptionally low volatility […]

How to stage a home on a budget

Reposted with permission from Moshells.com. When you show your home’s best features by staging it effectively, you help increase your final selling price without breaking the bank. As our infographic below shows, the following five golden rules of home staging will help you show off its best assets: The five golden rules are: 1. De-personalize: […]

Fredrik Eklund of ‘Million Dollar Listing’ releases anti-bullying song

On Million Dollar Listing New York, star Fredrik Eklund is loved for many things: his acute business skills, his sharp sense of humor, his collection of colorful socks and, last but not least, his ability to be transparent about his journey as a gay man. With LGBT Pride Month coming to a close, Eklund has […]

Crazy Sh*t In Real Estate: A listing in ‘splitsville’

Reposted with permission — show notes and credits here. In this episode, Leigh Brown welcomes Rachel Hammer, a board director of the Ottawa Real Estate Board. She has been in real estate for over 11 years and was a former crisis counselor for the government before she made the switch to real estate. Hammer didn’t […]

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