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Luxury listing: world class Montecito estate

This luxurious property in the Santa Barbara area was once home to late Philadelphia sports mogul Ed Snider, who commissioned the home to be built in 2001 by architect David E. Martin. The expansive property embraces an indoor/outdoor lifestyle, featuring a raised European-style glass tiled pool surrounded by rows of gardens, multiple fountains and a tennis court. Jim […]

Daily market update: July 7, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio   Home equity rates: Average Home Equity Loan Bank Rates by State | Credio […]

Should buyers make offers on multiple homes at once?

The bidding wars convulsing many real estate markets are reportedly driving more homebuyers to adopt a somewhat cynical tactic: making offers on multiple homes at once. Is the tactic kosher? Some agents shake their heads vigorously, condemning the practice as unethical and counterproductive. But others say casting multiple bobbers can be necessary. The tactic’s viability also may vary by market. The biggest […]

LeadingRE adds video messaging service BombBomb

The age of digital communication has given companies the opportunity to reach an audience in a completely new way, but it has also eliminated a personal touch for some. Chicago-based Leading Real Estate Companies of the World is aiming to connect digitally with a bit more human interaction. LeadingRE announced June 23 that it added […]

How your agency can target millennial homebuyers

Millennials are on the move. In fact, they are the largest population of homebuyers in the United States representing 32 percent of home purchases in 2015, according to realtor.org. The key to their hearts is user-generated content. For the purposes of real estate, we will call this agent-generated content (AGC). Millennials gravitate to websites that […]

S&P Dow Jones Indices show average price gains for NYC

The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]

4 reasons agents will never find themselves out of a job

The advent of technology has called into question the need for real estate agents. Not unlike the once-prominent travel agency, online portals are attempting to relegate real estate agents to a thing of the past. However, I am here to tell you that real estate agents are more necessary today than they have ever been. […]

Miami rent growth keeps steady pace in 2016

U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]

Podcast: The best script for motivated sellers

As we continue our series on price reduction scripts, motivation is a major factor. There are two kinds of sellers: have-to and want-to sellers. So, what is a have-to seller? They sell for: Financial reasons Short sale Probate Divorce And how does this affect price? Motivation plus timeframe equals a better price. A lack of motivation […]

S&P Dow Jones Indices shows LA home prices nearing 06 levels

The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]

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