Appraisals came in 0.29 percent shy of what homeowners perceived in terms of value, according to the Quicken Loans National Home Price Perception (HPPI). Appraised home values rose 5.69 percent year-over-year, according to the Quicken Loans National Home Value Index (HVI).
“A wide gap between...
Over the last 40 years, I've worked with real estate agents to help them reap the rewards this industry can give. The letters G.R.E.A.T. perfectly illustrate my beliefs about what makes a successful agent.
“G” Is for Gratitude
Long-term success requires the ability to be grateful....
NAR PULSE—Register for a Premier Access Pass to the 2018 REALTORS® Conference & Expo by October 15 to earn your free copy of conference speaker Holly Pasut's book, “A Strange Path to Freedom.” You'll also be automatically entered to win a $250 gift card—great...
The process of selling a luxury home is simply different. There are fewer buyers, so naturally, agents need to not only create the “wow” factor, but also implement marketing strategies that capture the attention of other agents and potential buyers. Here are some suggestions...
The process of selling a luxury home is simply different. There are fewer buyers, so naturally, agents need to not only create the “wow” factor, but also implement marketing strategies that capture the attention of other agents and potential buyers. Here are some suggestions...
Natural gas. In recent years, when hearing this single, seemingly minor detail for a property's utility hook-up, buyers typically conveyed a tone of excitement. Nationally and in recent history, natural gas has been the leading choice for heating fuel in the U.S. residential property...
Top-level domains, including NAR's new .realestate, build credibility among real estate professionals
For real estate professionals finding leads online, two critical factors are being easy to find and looking legitimate once those leads land on your webpage.
One way to tackle both of those to-dos, and...
The grip on inventory is loosening, with fresh listings sprouting up and the severity of the shortage starting to unwind, according to findings by realtor.com®.
On an annual basis, there were 8 percent more listings on the market in September, according to data...
From changing models and new ventures to contenders in the local marketplace, competition is everywhere in real estate. Whether you're claiming a new stake or firming up your footing, today, agility and foresight are the keys to staying on top.
This November, RISMedia will address...
The LGBT community is largely holding back from homeownership, according to a recent survey conducted by Freddie Mac in collaboration with Community Marketing and Insights, which polled 2,313 LGBT community members in the U.S. aged 22-72. In fact, compared to the national average of...
In a win for prospective homebuyers across the country, the Federal Housing Finance Agency (FHFA) announced on Aug. 21, 2018 that Fannie Mae and Freddie Mac (the Enterprises) will end their single-family rental pilot programs. The FHFA found that the institutional, single-family rental investor...
(L to R) Co-Owners/Partners Rick Whipple, Debbie Wong and Steve Belluomini
Debbie Wong, Rick Whipple and Steve Belluomini all followed different paths in real estate, but landed at the same destination: Better Homes and Gardens Real Estate JF Finnegan REALTORS®. After developing rich careers at...
The U.S. currently has a student debt load of over $1.4 trillion, which accounts for 10 percent of all outstanding debt and 35 percent of non-housing debt. The magnitude of the debt continues to grow in size and share of the overall debt in...
Vitals: RE/MAX Premier Realty
Years in Business: 40
Size: 3 offices, 128 agents
Regions Served: Orange County, Calif., and all surrounding counties
2017 Sales Volume: $628 million
2017 Transactions: 1,418
www.premier-realty.com
Travis Baron has been around the real estate game his entire life.
“I earned my real estate...
You probably already know this, but if you're an agent and you're not using social media effectively, you're losing business. The most recent NAR statistics show that 77 percent of REALTORS® use social media for their real estate business—but, many agents struggle...
The following information is provided by the Center for REALTOR® Development (CRD).
Real estate professionals who work with military homebuyers and sellers attest that it is a referral-based business niche. Word-of-mouth and sphere-of-influence referrals are often the most successful marketing methods. Statistics back...
“Real estate is not a place where I expected to land. I didn't give it any consideration, funny enough.”
These are the words of Tom DeWine, someone who did more than just “land” in the business—he is now the CEO of ERA Colonial Real Estate,...
Adwerx a boon for NorCal luxury firm
Alain Pinel REALTORS® (APR) (No. 6 in sales volume in RISMedia's 2018 Power Broker Report), headquartered in Campbell, Calif., has been serving the Northern California real estate market for 28 years, focusing its efforts on the...
Rising interest rates, a seller's market and increasing home values…these are just a few of today's market challenges for buyers. While 92 percent of adults say homeownership is an important part of the American Dream, student loan debt is the predominant obstacle, according to...
NAR PULSE—Over 30 companies deliver significant value or savings to REALTORS® through NAR's REALTOR Benefits® Program. Only a handful of these organizations, however, have distinctive status as Unique Alliance partners. These companies are strong supporters of the real estate industry overall, and exceptionally committed...
The real estate industry's thundering response to the Broker Public Portal (BPP) with Homesnap initiative has been impressive. Backed by brokerages of all sizes across the country, our reach now extends to over 900,000 agents through their MLSs. In the Pacific Northwest alone, more...
BoxBrownie.com Before & After
No matter the price point, savvy real estate professionals understand just how important good listing photos are when it comes to positioning their client's home ahead of the competition. And thanks to BoxBrownie.com—an essential tool that should be part...
From decor and design to dollars spent, homebuyers in the high-end market are unique, driven by a firm link between their portfolio of property and wealth.
What characteristics define high-net worth individuals today? According to Coldwell Banker Global Luxury and WealthEngine, a luxury market researcher,...
Editor's Note: This is the cover story in the October issue of RISMedia's Real Estate magazine. Subscribe today.
There is much discussion in the industry about the fate of the residential real estate brokerage. Traditional, commission-split brokerages are anticipated by many to be...
Are homeowners warming up?
With prices rapidly rising, homeowners have been reluctant to sell, fearful of being unable to afford another home—a catch-22, because inventory is limited as it is, and compounded further when homes are kept off the market.
Now, their confidence is growing, according...
Earlier this month, Hurricane Florence blasted through the Carolinas and Virginia, leaving a path of flood and wind damage in its wake.
According to an analysis by real estate data provider CoreLogic, residential properties in the Carolinas and Virginia sustained between $19-$28.5 billion...
Even as homeowners, millennials are drawing the short straw.
According to the 2018 Zillow Group Report on Consumer Housing Trends, newly released, millennial sellers—even with the proverbial “upper hand”—are having to change their closing date or cut their list price.
Many, even, have had...
Company Is Developing Opportunities for Broker Partners as It Builds Out New Mortgage Technology
Zillow Group's Zillow Offers (formerly Instant Offers) program continues to make its presence known, expanding into new markets and offering new tools to consumers.
Recently, Zillow made news again with the
Luxury prices are strengthening, with double-digit growth in 20 of the largest markets in the nation—a contrast from the housing market overall, according to the August Luxury Home Index by realtor.com®. The age of inventory in the luxury segment sped...
What does it take to go from being the new REALTOR® in town to rock star selling success? Rocking your social media with video is a great option. It's what Sue “Pinky” Benson did when she moved to Naples, Fla., three years ago. When...
For the housing market, gaining ground is proving to be a struggle.
On an annual basis—and for the eighth month in a row—pending home sales slipped, according to the August National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). Activity backtracked 1.8...
During a 2013 interview held in Omaha, Neb., Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., said the eponymous real estate brand would prosper for years to come.
“Berkshire Hathaway wants to be in businesses that are enduring,” he explained. “Real estate brokerages will...
During a 2013 interview held in Omaha, Neb., Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., said the eponymous real estate brand would prosper for years to come.
“Berkshire Hathaway wants to be in businesses that are enduring,” he explained. “Real estate brokerages will...
The average 30-year, fixed mortgage rate rocketed to 4.72 percent this week, at a record not seen since spring 2011, according to Freddie Mac's latest Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage rate rose to 4.16 percent, while the average five-year,...
(TNS)—Millennials are faced with the internal conflict almost every day: live comfortably now, or later?
Thanks to $1.5 trillion in student loan debt, rapidly increasing healthcare costs and high living costs, scraping by now often can be prioritized over worrying about retiring on a beach...
“I recently virtually staged a home that was on the market for six months. It sold in seven days this time!”
These are the ecstatic words of Brittiny Howard from The Brittiny Howard Realty Group, who was thrilled with how virtual staging helped her sell...
The following information is provided by the Center for REALTOR® Development (CRD).
Clutter is a challenging issue for all of us, but for seniors in particular. The way you handle the issue of clutter with an older client may mean a world of...
The foot on the gas is letting up.
The explosive growth in home prices is slowing, according to the latest S&P CoreLogic/Case-Shiller Indices, which found July prices rose 6 percent year-over-year—an easing from 6.2 percent in June, and a March peak of 6.5 percent.
“Rising homes...
NAR PULSE—Meet the 10 finalists for the Good Neighbor Awards—REALTORS® who make the world a better place through passionate volunteer work. Five winners will be named at the REALTORS® Conference & Expo, November 2-5 in Boston, and win $10,000 for their nonprofit. Read their...
Are you ready for Q4? It sounds like an easy question, but you're not alone if you find it's difficult to answer. The fact is, many other agents feel this way, too. Fortunately, how busy you are during Q4 is entirely up to you....
Realogy has announced cataLIST, a cash offer program, in its first foray into the iBuyer space. Realogy collaborated with Home Partners of America, a lease-to-own program provider, on the venture. cataLIST is available through NRT's Coldwell Banker branded operations, in limited markets...
Realty ONE Group is expanding into the Western Canadian market, which spans the following provinces: Manitoba, Saskatchewan, Alberta and British Columbia. Shami Sandhu, a longtime leader in the Canadian real estate market, has secured the rights to Realty ONE Group of Western Canada.
Sandhu,formerly broker/owner...
Despite new regulation and a trade war, China is continuing its hold as a key player on the property scene in the U.S., according to recently released research.
In 2017, Chinese investors poured $39.7 billion into real estate in the U.S., Juwai.com reports. The majority—$30.4...
Bill Rasmussen to Headline RISMedia's 23rd Annual Power Broker Reception & Dinner
ESPN Founder Bill Rasmussen will address attendees of RISMedia's 23rd Annual Power Broker Reception & Dinner, held in Boston on November 2 during the REALTORS® Conference & Expo.
Through adversity and an entrepreneurial mindset,...
According to the August Zillow® Real Estate Market Report, home prices and rents slowed as summer wound down, with prices up 6.5 percent year-over-year—a departure from 8.2 percent this spring—and rents unchanged. Based on the Zillow Home Value Index and the Zillow...
(L to R) Tim Proschold, Vice President of Group Strategy and Success; Ryan Iwanaga, Executive Vice President; Barbara Cole, Chief Operating Officer; Chris Trapani, Chief Executive Officer
Chris Trapani and Ryan Iwanaga grew up together in the quiet, rolling suburbs of Northern California that would...
Vitals: John Daugherty, REALTORS®
Years in Business: 51
Size: 3 offices, 150 agents
Region Served: The Greater Houston area
2017 Sales Volume: $1.108 billion
2017 Transactions: 1,455
No. 235 in sales volume in RISMedia's 2018 Power Broker Report
www.johndaugherty.com
With the dual role of president and chief operating officer of...
When you want to improve your business, those who've already walked the path are a valuable source of insight. With years of experiences and knowledge of the business, they're often willing to share their secrets to help other agents get ahead.
One of the most...
When you want to improve your business, those who've already walked the path are a valuable source of insight. With years of experiences and knowledge of the business, they're often willing to share their secrets to help other agents get ahead.
One of the most...
August existing-home sales stabilized, ending a regressive streak, the National Association of REALTORS® (NAR) reports. At 5.34 million, activity neither decreased nor increased from July, but was down 1.5 percent from the prior year. Inventory month-over-month also steadied, at 1.92 million—a jump from 1.87...
August existing-home sales stabilized, ending a regressive streak, the National Association of REALTORS® (NAR) reports. At 5.34 million, activity neither decreased nor increased from July, but was down 1.5 percent from the prior year. Inventory month-over-month also steadied, at 1.92 million—a jump from 1.87...
By following these five helpful tips, you can gain repeat business and turn your clients into advocates.
By following these five helpful tips, you can gain repeat business and turn your clients into advocates.
(Credit: AJ Canaria of PlanOmatic)
Bob Goldberg has had an action-packed year. In just a little more than 12 months since taking the helm as CEO of the National Association of REALTORS®, Goldberg has implemented an array of internal changes and spearheaded several...
(Credit: AJ Canaria of PlanOmatic)
Bob Goldberg has had an action-packed year. In just a little more than 12 months since taking the helm as CEO of the National Association of REALTORS®, Goldberg has implemented an array of internal changes and spearheaded several...
Married couples might comprise the greatest share of homebuyers, but single women follow close behind, especially retired women over the age of 55, according to the Wall Street Journal. Gone are the days when women had to wait until marriage to buy a home;...
Married couples might comprise the greatest share of homebuyers, but single women follow close behind, especially retired women over the age of 55, according to the Wall Street Journal. Gone are the days when women had to wait until marriage to buy a home;...
NAR PULSE—Your agents cover a lot of ground…your digital presence should, too. From Sept. 18-Nov. 16, REALTORS® with an active .realtor™ domain—FREE for the first year, one per individual member—have exclusive access to purchase .realestate domains before they become available to the public. From...
NAR PULSE—Your agents cover a lot of ground…your digital presence should, too. From Sept. 18-Nov. 16, REALTORS® with an active .realtor™ domain—FREE for the first year, one per individual member—have exclusive access to purchase .realestate domains before they become available to the public. From...
Hurricane Florence made landfall in the Carolinas over the weekend, battering the region and surrounding states with record amounts of rainfall; over 30 inches fell in Swansboro, N.C. by Saturday, Sept. 15, as reported by the National Weather Service. Sources report at least 32...
Hurricane Florence made landfall in the Carolinas over the weekend, battering the region and surround states with record amounts of rainfall; over 30 inches fell in Swansboro, N.C. by Saturday, Sept. 15, as reported by the National Weather Service. Sources report at least 32...
zipLogix™ Aims to Dramatically Improve the Real Estate Process
RISMedia's Real Estate magazine recently had the opportunity to chat with Scott Strong as the one-year anniversary of his appointment as CEO of zipLogix™ approaches. In this exclusive interview, Strong provides a closer...
zipLogix™ Aims to Dramatically Improve the Real Estate Process
RISMedia's Real Estate magazine recently had the opportunity to chat with Scott Strong as the one-year anniversary of his appointment as CEO of zipLogix™ approaches. In this exclusive interview, Strong provides a closer...
When it comes to discovering the power of public records for prospecting, real estate agents are often so impressed that they either want to hide their newfound tools from the competition, or share them far and wide.
That's according to Nikki Morgan, MLS sales executive...
When it comes to discovering the power of public records for prospecting, real estate agents are often so impressed that they either want to hide their newfound tools from the competition, or share them far and wide.
That's according to Nikki Morgan, MLS sales executive...
Established in 2004, Vista Real Estate Belize is a full-service company proudly offering Belize's highest level of real estate services. With five staff members, three agents and one broker, the firm serves the country's six districts (Corozal, Orange Walk, Belize, Cayo, Stann Creek and...
“The Rebranding Challenge: Fit for the Future While Preserving Your Roots” at RISMedia's 2018 Real Estate CEO Exchange (Credit: AJ Canaria of PlanOmatic)
Call it a facelift or a “refresh,” we're in the age of the rebrand, when brokerages are pivoting, aligning with...
“The Rebranding Challenge: Fit for the Future While Preserving Your Roots” at RISMedia's 2018 Real Estate CEO Exchange (Credit: AJ Canaria of PlanOmatic)
Call it a facelift or a “refresh,” we're in the age of the rebrand, when brokerages are pivoting, aligning with...
It has been more than three years since the Supreme Court ruled in favor of marriage equality, paving the way for the continued increase of LGBT married couples purchasing homes, according to the National Association of Gay and Lesbian Real Estate Professionals' (NAGLREP) second...
This month's National Association of REALTORS® (NAR) Power Broker Roundtable discusses embracing new technology wisely.
Moderator
Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, National Association of REALTORS® (NAR)
Shane McCullar, Principal Broker/CEO, Keller Williams Metro Center Realty
Right out of college, Shane McCullar wanted to be a REALTOR®. “But I couldn't afford it,” he says. “I knew I needed a financial cushion to get started.” He accrued that cushion as an investment broker,...
Vitals: J. Rockcliff REALTORS®
Years in Business: 12
Size: 7 offices, 400 agents
Regions Served: San Francisco East Bay, Alameda and Contra Costa counties, Calif.
2017 Sales Volume: $2.65 billion
2017 Transactions: 2,655
No. 79 in sales volume in RISMedia's 2018 Power Broker Report
www.rockcliff.com
With more than 30 years...
Are you an industry newsmaker, or know someone who is? Act now to nominate yourself or others for RISMedia's 2019 Real Estate Newsmakers, designed to recognize individuals making headlines as a result of their newsworthy contributions to the residential/commercial real estate industries, and/or their...
A gift after closing is a nice way to say thank you to clients and build the relationship—but what if you could make that gift work harder to keep you top-of-mind for referrals and future real estate needs? Here are some creative ideas that...
All houses have a story to tell. And one exceptional house is sharing its rich tapestry of stories spanning five families and 200 years through the “Within These Walls” exhibition at the Smithsonian's National Museum of American History. This exhibition, exclusively sponsored by the...
(TNS)—Just one year ago, consumers woke up and discovered that hackers had one heck of a field day with their Social Security numbers and other information in a massive data breach at Equifax. Equifax's screw-up would forever leave millions just that much more vulnerable...
Hurricane Florence is imminently making landfall, with the Category 4 storm (at press time) on track to batter the Carolinas and parts of Virginia, causing catastrophic damage in the region. According to CoreLogic preliminary projections, an estimated 758,657 homes could be devastated by the...
The following information is provided by the Center for REALTOR® Development (CRD).
With more than 75 million people fitting into the American baby boomer demographic, it is easy to understand why this group would be important for REALTORS® to understand. Even more eye-popping...
Helen Hanna Casey, CEO, Howard Hanna Real Estate Services, at RISMedia's 2018 Real Estate CEO Exchange (Credit: PlanOmatic)
RISMedia's John Featherston recently sat down with industry icon Helen Hanna Casey, CEO of Howard Hanna Real Estate Services, at RISMedia's 2018 Real Estate CEO...
NAR PULSE—SentriLock, a National Association of REALTORS® (NAR) strategic investment company and REALTOR Benefits® Program Partner, is celebrating 15 years as the official lockbox solution for NAR. As the leading electronic lockbox manufacturer and service provider, SentriLock is one of the association's most successful...
Berkshire Hathaway HomeServices is expanding to the London market, with an agency in Central London, Kay & Co, joining the network this November. The brand brought on its first foreign franchise, in Germany, this past spring.
The agency, focused on the luxury market,...
Summer is slipping away, and if you're feeling the heat but think you've missed the boat on vacationing, the consumer editors at Reader's Digest say it's not too late to find a bargain.
Granted, the best deals on air travel and some vacation packages are...
Summer is slipping away, and if you're feeling the heat but think you've missed the boat on vacationing, the consumer editors at Reader's Digest say it's not too late to find a bargain.
Granted, the best deals on air travel and some vacation packages are...
In the following interview, Fred Evans, sales associate with RE/MAX Gold Coast REALTORS® in Ventura, Calif., discusses education, the local market, marketing and more.
Region Served: Ventura County, Calif.
Years in Real Estate: 33
Number of Offices: 5
Number of Agents: 250
No. 1 Tip for New...
(TNS)—September is a big month for bargains, with deep discounts on summer merchandise and more.
“September is all about the end of summer, so anything seasonal is going to be on clearance,” says Benjamin K. Glaser, former features editor with DealNews.com.
You'll find the last of...
A Culture of Productivity, a Bold Tech Strategy, and a Drive for New Ideas and Better Solutions Fuel a Bright Future at RE/MAX
Editor's Note: This is the cover story in the September issue of RISMedia's Real Estate magazine. Subscribe today.
The world is...
Credit: PlanOmatic
Against a backdrop of changing consumer preferences, technology and shifts in Washington, brokerages are navigating new territory—one where the customer experience is tops, and creativity, inclusiveness and leadership are non-negotiables for success.
For Paul Boomsma, CEO of the expansive Leading...
Credit: PlanOmatic
Against a backdrop of changing consumer preferences, technology and shifts in Washington, brokerages are navigating new territory—one where the customer experience is tops, and creativity, inclusiveness and leadership are non-negotiables for success.
For Paul Boomsma, CEO of the expansive Leading...
The confidence consumers have in housing is picking up steam—but not because of the market outright, according to the August Fannie Mae Home Purchase Sentiment Index® (HPSI). At 88, the gauge grew 1.5 percentage points month-over-month; however, the confidence consumers have is on par...
(TNS)—If you're thinking about buying land, you'll be hard-pressed to persuade a mortgage lender to finance your purchase. Instead, you'll likely need to apply for a land loan.
Land loans aren't as common as mortgage loans, so your options may be limited. Also, because of...
(TNS)—If you're thinking about buying land, you'll be hard-pressed to persuade a mortgage lender to finance your purchase. Instead, you'll likely need to apply for a land loan.
Land loans aren't as common as mortgage loans, so your options may be limited. Also, because of...
(L to R) Adam Freeman, Principal; Dan Kruse, President & CEO; Tom Bretz, CEO, Chicago Operations; Jasen Schrock, President, Michigan Operations
What started in 1978 as a one-man shop in Madison, Wis., has grown to become one of real estate's top Power Brokers....
Vitals: Coldwell Banker D'Ann Harper, REALTORS®
Years in Business: 32
Size: 9 offices, 425 agents
Regions Served: San Antonio, Boerne, Bandera, Fredericksburg, Kerrville, New Braunfels, San Marcos and Universal City, Texas
2017 Sales Volume: $1 billion+
2017 Transactions: 4,000+
No. 267 in sales volume in RISMedia's 2018 Power Broker Report
In August, consumer confidence rose, posting a 133.4 reading in the Consumer Confidence Index® from The Conference Board. July's reading was 127.9.
The Expectations reading of the Index, which gauges how consumers feel about their business, employment and income prospects six months out, improved, as...
Home prices are still on a tear, but growing less significantly than in 2017, according to CoreLogic's latest Home Price Index (HPI™) report. In July—around the height of one of history's hottest housing markets—prices rose 6.2 percent year-over-year, the report shows.
“With increased interest rates...
In the following interview, Matt Delhougne, broker/owner of RE/MAX Vision in Chesterfield, Mo., discusses generating leads, operating a team, and more.
Region Served: St. Louis Metro area
Years in Real Estate: 19
No. of Team Members: 41 agents, 14 support staff
2017 Closed Transactions: 671
Goal for...
You can change a house—location is tougher.
According to new research by Trulia, 36 percent of Americans have “neighborhood regret,” or would have moved to another neighborhood than the one they reside in today. The feeling is heightened in metros, where 46 percent are dissatisfied...
With affordability draining quickly, the gap is growing between the amount of buyers with a desire to purchase, and the amount of buyers who actually can.
According to an analysis newly released by realtor.com®, the cost of homeownership has...
The real estate market has heated up so much in certain regions that brokers are taking transactions into their own hands—or, rather, their pockets. With increasing prices and, seemingly, more buyers willing to pay an amount that's leaving sellers with nice profits, the question...
NAR PULSE—Share the message of safety with your agents this month! Encourage them to register for NAR's REALTOR® Safety Program webinar scheduled for September 12 at 1:00 p.m. CT. They will learn how to form good habits that will help them stay safe on...
Now that the National Flood Insurance Program (NFIP) has been extended through Nov. 30, 2018, Congress should pass a long-term reauthorization and reform measure that strengthens the program while providing certainty to property owners in 22,000 communities nationwide.
Administered by the Federal Emergency...
In the following interview, Tonya Hamilton, vice president, Relocation and Business Development, Berkshire Hathaway HomeServices Woodmont Realty in Brentwood, Tenn., discusses the advantages of the brand, the local market, trends, and more.
Region Served: Greater Nashville and the Middle Tennessee area
Years in Real...
Editor's Note: The Disruptor Roundup analyzes companies implementing unconventional models.
Ribbon is a cash-buyer intermediary that allows homebuyers to beat out the competition in a busy market with multiple-offer scenarios. Buyers have the competitive edge by being able to submit an...
U.S. housing markets, when viewed as a whole, are now in rent territory, meaning renting and reinvesting, on average, will outperform owning and building equity in terms of wealth creation, according to the latest national index produced by Florida Atlantic University and Florida International...
Over 400 innovators, investors and Realtors® gathered in San Francisco for NAR's inaugural Innovation, Opportunity & Investment Summit (iOi), this week to debate, discuss and collaborate on real estate's most pressing technology issues. During the summit, real estate technology companies, the investment community and...
Realtor.com® has announced the findings of its August housing trend report which revealed a surge in price cuts and the second largest drop in the U.S. median list price in three years. Although competition between buyers remained stiff and list prices continue to rise,...
The Market Composite Index, which measures mortgage loan application volume, dropped by 1.7 percent on a seasonally adjusted basis for the week ending August 24, 2018, according to recent data by the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey.
Unadjusted, the Index decreased by...
Pending home sales stepped back in July and have now fallen on an annual basis for seven straight months, according to the National Association of Realtors®.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, decreased 0.7 percent to 106.2...
U.S. home prices continue to surge according to the latest S&P CoreLogic/Case-Shiller Indices, which found June prices on an upward trend (at 6.2 percent year-over-year), inciting affordability concerns.
“Home prices continue to rise across the U.S.” said David M. Blitzer, managing director and chairman of...
NAR PULSE—Tune in to watch three sessions LIVE from the Real Estate Innovation, Opportunity & Investment (iOi) Summit on NAR's Facebook page, beginning Aug. 30 at 1 p.m. PT. Learn how innovators are redefining real estate to meet the needs of the future, discover...
Nearly a decade after the Great Recession, Lawrence Yun, chief economist for the National Association of REALTORS® (NAR), says concerns that the housing market has peaked and is headed toward another slowdown are purely speculative, regardless of recent sales declines in some regions.
What's in...
In a recent survey conducted by Zillow with Pulsenomics LLC, over 100 real estate economists and industry experts shared their predictions about the U.S. housing market in relation to buyer or seller leanings.
While annual home-value appreciation was faster in 2018 than 2017, inventory shortages...
In the expansion following the recession, the conversation in housing has lingered on markets like Denver, Portland and Seattle—places where prices have risen sharply, and demand is discouragingly mismatched with supply. Now, the hottest markets' prices are slowing, according to recently released research.
The
Where will housing be in 2020? According to the latest Metrostudy predictions, if all continues on its current track, construction costs could continue to increase, and mortgage rates could reel in.
While rates have increased in the last six months, impacting affordability, the...
No one dislikes a salesperson more than a salesperson. This sentiment is true in all areas of customer service, but especially in real estate. When you're in an industry as fulfilling and challenging as ours, your mentors, fellow colleagues and even your textbooks will...
With Social Security trust fund reserves waning—predicted to be depleted by 2034, leaving Social Security unable to maintain full scheduled benefits—and the number of retirees expecting to receive benefits increasing, more and more Americans are relying on 401(k) savings to support their retirement living....
July new-home sales were still weighed down, dropping 1.7 percent to 627,000, according to the Commerce Department. Inventory in July was 309,000, representing 5.9-months' supply, and the median price was $328,700.
“Although this month marks the lowest sales pace since last October, we continue to...
Another Month, Another Sales Slump
For the fourth month straight, existing-home sales slid, the National Association of REALTORS® (NAR) reports. Activity declined 0.7 percent in July, to 5.34 million, down 1.5 percent from the prior year. Inventory rewound, as well, down 0.5 percent to 1.92...
Another Month, Another Sales Slump
For the fourth month straight, existing-home sales slid, the National Association of REALTORS® (NAR) reports. Activity declined 0.7 percent in July, to 5.34 million, down 1.5 percent from the prior year. Inventory rewound, as well, down 0.5 percent to 1.92...
In the following interview, Susan Gill, broker/owner of CENTURY 21 Fairways Real Estate in Irwin, Pa., discusses the advantages of the brand and industry leadership, as well as leadership of a team.
Region Served: Irwin, Pa., and surrounding region
Years in Real Estate: 22
Number...
In the following interview, Susan Gill, broker/owner of CENTURY 21 Fairways Real Estate in Irwin, Pa., discusses the advantages of the brand and industry leadership, as well as leadership of a team.
Region Served: Irwin, Pa., and surrounding region
Years in Real Estate: 22
Number...
(TNS)—Maybe you have an idea of when you'd like to buy your first home or retire from the workforce—but just how realistic are your expectations?
We recently asked Americans to tell us the ideal ages for accomplishing certain financial goals. Then, we ran their responses...
(TNS)—Maybe you have an idea of when you'd like to buy your first home or retire from the workforce—but just how realistic are your expectations?
We recently asked Americans to tell us the ideal ages for accomplishing certain financial goals. Then, we ran their responses...
With demand strong and supply weak, the housing market is overwhelmingly partial to sellers. The average homeowner is profiting $40,000 at resale (with decade-high returns in 2017), and higher in the hottest markets, where they're attracting multiple offers in record...
With demand strong and supply weak, the housing market is overwhelmingly partial to sellers. The average homeowner is profiting $40,000 at resale (with decade-high returns in 2017), and higher in the hottest markets, where they're attracting multiple offers in record...
NAR PULSE—One week after taking her first swing at RPR®, this agent hits it out of the park, scoring a perfect three for three listings in nearly seven days. Learn more.
Stay Safe and Earn Big With MVP
Register for NAR's REALTOR® Safety Month...
NAR PULSE—Cash flow analysis, demographics, economic indicators and in-depth property details make up these can't-do-without Realtors Property Resource® (RPR®) Commercial tools. Learn more.
Stay Safe and Earn Big With MVP
Register for NAR's REALTOR® Safety Month webinar, A Day in the Life: Habits to...
Editor's Note: The Disruptor Roundup analyzes companies implementing unconventional models.
Divvy
This tech-powered, rent-to-own platform was launched at the end of 2017, and provides consumers with the ability to transition from renting to homeownership with a three-year program that amasses a down payment within...
Editor's Note: The Disruptor Roundup analyzes companies implementing unconventional models.
Divvy
This tech-powered, rent-to-own platform was launched at the end of 2017, and provides consumers with the ability to transition from renting to homeownership with a three-year program that amasses a down payment within...
Are you truly an “expert” at marketing your listings, your brand and your services?
You might want to think again. Even if you're doing a decent job at marketing, the bar continually moves from average to exceptional. Your clients are looking for a real “deal,”...
In the following interview, John Finn, managing broker of United Real Estate Richmond in Richmond, Va., discusses the background of the brokerage, its commitment to the community, and more.
Region Served: Richmond, Va.
Years in Real Estate: 40+
Number of Offices: 1 (our second office...
Community is at the heart of real estate. This month's National Association of REALTORS® (NAR) Power Broker Roundtable discusses their efforts to give.
Moderator
Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, NAR
Panelists
Jim...
Today's Ask the Expert column features Dan Steward, president of Pillar To Post Home Inspectors.
Q: When guiding clients through the real estate process, how can I ensure that they're prepared to find success when in the midst of a seller's market?
A: Pillar...
Today's Ask the Expert column features Dan Steward, president of Pillar To Post Home Inspectors.
Q: When guiding clients through the real estate process, how can I ensure that they're prepared to find success when in the midst of a seller's market?
A: Pillar...
Buyers are eyeing the Midwest, where, compared to the coasts, there are more practical prices, according to the latest ranking by realtor.com®. July's hottest housing markets, based on days on market and online views, were:
1. Midland, Texas
Age of Inventory...
Given how many miles most real estate professionals drive, the cost of purchasing and maintaining a vehicle adds up quickly. Fortunately, members of the National Association of REALTORS® (NAR) can enjoy a valuable benefit when purchasing or leasing one of the many eligible vehicles...
Vitals: HER REALTORS®
Years in Business: 62
Size: 81 offices, 1,250 associates
Region Served: Ohio
2017 Sales Volume: $2.5 billion
2017 Transactions: 12,681
No. 76 in sales volume in RISMedia's 2018 Power Broker Report
www.herrealtors.com
With 81 offices and 1,250 associates, HER REALTORS® deftly serves Central, West Central and Southwestern...
Affordability has hit its lowest in 10 years, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunities Index (HOI) for the second quarter of 2018.
Approximately 57 percent of homes sold in the second quarter were affordable based on income (the median,...
The average U.S. adult spends 11 hours each day in front of a screen. This number is increasing year-over-year, and with every rising generation.
Why does this staggering statistic matter for real estate agents? Reaching out to clients where they are is essential...
Building clawed 0.9 percent higher in July, but still underwhelmed year-over-year, according to the Commerce Department. Combined, housing starts totaled 1.17 million, with 303,000 multifamily (five units or more) starts and 862,000 single-family starts. On an annual basis, starts tumbled 1.4 percent.
Approvals for builds,...
(TNS)—Home prices have shot up in some areas of the U.S., to the point where buyers need jumbo loans to finance them. In mortgage-speak, jumbo refers to loans that exceed the limits set by the government-sponsored enterprises (GSEs) that buy most home loans and...
(TNS)—Buying a foreclosed home is not like the typical home purchase.
In many cases, only one real estate agent is involved.
The seller wants a preapproval letter from a lender before accepting an offer.
There is little, if any, room for negotiation.
The home is sold as-is, and...
(TNS)—On my latest trip to Chicago, I consumed nine tacos, three doughnuts, an Indian crepe, a giant tamale, a mound of carnitas, a bowl of pasta and a table full of Vietnamese food. How did I not gain 15 pounds? Well, I also walked...
(TNS)—On my latest trip to Chicago, I consumed nine tacos, three doughnuts, an Indian crepe, a giant tamale, a mound of carnitas, a bowl of pasta and a table full of Vietnamese food. How did I not gain 15 pounds? Well, I also walked...
After five consecutive months of increases, pending home sales slipped in June but remained near May's level, which was the highest in over nine years, according to the National Association of REALTORS®. Modest gains in the Northeast and West were offset by larger declines...
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents' personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others...
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents' personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others...
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents' personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others...
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents' personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others...
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents' personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others...
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents' personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others...
When properly executed, open houses can be one of the best marketing tactics in real estate, not only for listings, but also for agents' personal branding. However, their usefulness is often a polarizing topic; some find power and practicality in open houses, while others...
An interesting new paper published by economists at the Federal Reserve Bank of New York demonstrates the important role downpayment and wealth constraints play in shaping housing demand, particularly for lower-income homebuyers. Using survey data, the authors (Andreas Fuster and Basit Zafar) employ a...
Although existing home sales decreased in November, the share of sales for first-time buyers increased to the highest level since October 2012. Existing home sales decreased 6.1 percent in November, but were 2.1 percent above the same period a year ago. The National Association...
Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released recently by the...
Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released recently by the...
Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released recently by the...
The latest Census estimate of total private residential construction spending is 7.5 percent higher than one year ago. In particular, the release shows significant improvement in construction spending for the single-family and multifamily categories. From May 2013, on a 3-month moving average basis, single-family...
The latest Census estimate of total private residential construction spending is 7.5 percent higher than one year ago. In particular, the release shows significant improvement in construction spending for the single-family and multifamily categories. From May 2013, on a 3-month moving average basis, single-family...
Realtor.com®, a leader in online real estate operated by Move, Inc., has released the Top 10 Markets for First-Time Home Buyers for the upcoming home buying season. Markets that made the 2014 list by rank include: Pittsburgh, PA; Tampa-St. Petersburg-Clearwater, FL; Philadelphia, PA; Fort...
Realtor.com®, a leader in online real estate operated by Move, Inc., has released the Top 10 Markets for First-Time Home Buyers for the upcoming home buying season. Markets that made the 2014 list by rank include: Pittsburgh, PA; Tampa-St. Petersburg-Clearwater, FL; Philadelphia, PA; Fort...
Realtor.com®, a leader in online real estate operated by Move, Inc., has released the Top 10 Markets for First-Time Home Buyers for the upcoming home buying season. Markets that made the 2014 list by rank include: Pittsburgh, PA; Tampa-St. Petersburg-Clearwater, FL; Philadelphia, PA; Fort...
Hoping to have a great home sale this year? The first step is finding a great REALTOR®. Expert home seller, author & Real Estate Broker Brett Furman offers suggestions from getting your house ready to the final closing of your home. The Internet can...
Hoping to have a great home sale this year? The first step is finding a great REALTOR®. Expert home seller, author & Real Estate Broker Brett Furman offers suggestions from getting your house ready to the final closing of your home. The Internet can...
Hoping to have a great home sale this year? The first step is finding a great REALTOR®. Expert home seller, author & Real Estate Broker Brett Furman offers suggestions from getting your house ready to the final closing of your home. The Internet can...
Hoping to have a great home sale this year? The first step is finding a great REALTOR®. Expert home seller, author & Real Estate Broker Brett Furman offers suggestions from getting your house ready to the final closing of your home. The Internet can...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Each month, analysts eagerly await the renowned Case-Shiller Home Price Index report to get a read on the health of the housing market. In a nutshell, this report looks at price changes in homes month-over-month. Prices are tracked in 20 major metropolitan cities across...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
Regional Spotlight—Sales of Massachusetts single-family homes rose again in October, increasing almost 19 percent from a year earlier, according to the latest report by The Warren Group, publisher of Banker & Tradesman. A total of 4,326 single-family homes sold in Massachusetts in October, an...
(MCT)—In 1999, Congress decreed that the monthly mortgage insurance premiums that borrowers paid could be terminated by the borrower under certain conditions, and if the borrower failed to act, the lender was obliged to terminate a little later. This rule applied to mortgages insured...
Thinking about building a new home, weighing the pros and cons of building versus buying, or simply curious about the building process? The 2012 Survey of Construction (SOC) from the Census Bureau shows that on average it takes about 7 months from obtaining a...
