We’ll add more market news briefs throughout the day. Check back to read the latest. May 2016 First-Time Buyer Mortgage Share/Mortgage Risk Indices from the International Center on Housing Risk: First-time buyer volume increased 15 percent year-over-year. First-time buyers accounted for 59.1 percent of primary owner-occupied home purchase mortgages with a government guarantee. The combined […]
Not sure whether, where and how you can use a drone for real estate photography? Some gray area of unmanned aerial vehicle (UAV) regulation has been cleared up thanks to Part 107 of the Federal Aviation Regulations. The Federal Aviation Administration (FAA) announced today that it will no longer require a Section 333 waiver — making it […]
As more and more smart thermostats, remote-control locks and even Internet-connected refrigerators pop up in homes, smart home technology continues to take on an increasingly important role in the lives of real estate agents, homebuyers and sellers. This has not been lost on the National Association of Realtors (NAR). A letter recently sent by NAR to a government agency sheds light […]
Presenting on stage at a startup competition hosted by one of the largest real estate corporations, a young man made a heartfelt request: “I would ask the real estate leaders in here to consider supporting a charity that’s trying to push forward the status quo of a traditional charity directly relating to houses.” Well, they did. New Story […]
As “the first lady” of Bravo’s “Million Dollar Listing” franchise — the first and only woman to appear on the show — I’m fortunate to have reached a point in my career where I sell million dollar homes with regularity. And though I’ve now been in the real estate business for more than five years, […]
A sure-fire sign of an improving real estate market is the fall of foreclosure activity, and luckily those trends are down throughout the nation for the eighth consecutive month, according to RealtyTrac’s newly released data. Monitoring foreclosure activity throughout the nation down to a city level, the data found that foreclosure activity is below 2006 average monthly […]
Virtually every training script I’ve ever seen has a line that says, “OK, so as your professional real estate agent, I’m going to advise you that we should price this home at (fill in the blank).” And it’s not just the scripts. Pretty much every online CMA (comparative market analysis) program has a page where […]
Construction has begun on yet another residential tower in Chicago. A 26-story, 102-unit luxury apartment development in Gold Coast commenced construction, according to a June 16 release from CA Residential LLC. The building is located at the northeast corner of State and Huron streets. 8 E. Huron rendering “It’s exciting to see this project progressing […]
Broker Connect is a free event designed specifically for broker/owners to learn, debate and discuss what’s next for brokers in the coming year. Moderated by Sherry Chris and sponsored by Better Homes and Gardens Real Estate and TRIBUS, the half-day session goes deep on the issues that matter most for brokers, from training, to cultivating […]
The 20782 ZIP code comprises parts of the city of Hyattsville, Maryland, as well as parts of University Park and Chillum — about a 30 minute drive from Washington D.C. — and lies in Prince George’s County. The area is known for Hyattsville’s Historic District, which is home to a number of Victorian and Arts & Crafts houses. 20782 home values to see […]
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