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Existing-home sales dip in April

Existing-home sales for single-family homes, townhouses, condos and co-ops fell 0.4 percent from March to April and were down 4.4 percent year-over-year, according to the latest data published Tuesday by the National Association of Realtors (NAR). NAR Chief Economist Lawrence Yun, however, isn’t concerned about the dip in the sales and what it means for […]

Rent skyrockets in March — especially in the Southwest

Nationwide, rental rates continue to rise, particularly in the Southwest, according to the latest data from CoreLogic, released Tuesday. Rent for the average single-family home rose by 2.9 percent in March, up from 2.7 percent during the same period last year. Some pockets of the country saw more dramatic growth, such as Phoenix, which led all […]

HUD Secretary slammed for confusing REO with Oreo cookies

As the Secretary of the Department of Housing and Urban Development (HUD), Ben Carson is arguably one of the most powerful people in the U.S. when it comes to housing policy and regulations. So it came as an unpleasant shock to some lawmakers and political observers on Tuesday when Carson briefly confused REO, a term […]

4 tips for avoiding toxic behavior in real estate

Whether it’s clients creating roadblocks over the smallest details or other agents working to bring their colleagues down, today’s entrepreneur needs to be equipped to not only combat the problem when face to face, but also prevent it from ever happening. Here are a few tips on how to eliminate the toxicity from your professional […]

Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Source: click here

Agent/broker perspective: How to handle a beloved broker leaving

In this monthly column, Anthony Askowitz explores a hypothetical Miami real estate situation from both sides of the broker/agent dynamic. After a long and successful tenure, an office’s broker has decided to resign her position. How should her inner circle of top agents respond? Source: click here

Trulia founder Pete Flint’s venture firm NFX raises $275M

NFX splits its investments equally between business-to-business companies and business-to-consumer companies, but said that out of 3,000 firms seeking money this year it will ultimately only fund 0.5 percent. Source: click here

Compass poaches entire Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Source: click here

Missing girl found safe after Ring camera captures kidnapping

A missing girl whose kidnapping was captured on a smart doorbell camera manufactured by the company Ring has been found safe and returned to her parents. According to local news outlets, Salem Sabatka, 8, was walking on the street in Fort Worth, Texas on Saturday when a 51-year-old suspect drove up, grabbed her out of […]

Airbnb launches partnership with DNA testing company 23andMe

The partnership comes amid what Airbnb says is a rise in “heritage travel,” or trips people take to connect with their ancestors’ homelands. Source: click here

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