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Real Estate News
Opendoor’s ‘ultimate mortgage’ offers 1% off purchase
Thu, 17 Aug 2017 14:09:00
To compete on price with real estate agents, high-tech investors known as "iBuyers" will need to figure out ways to sell their homes very fast and for top dollar. Leading iBuyer Opendoor, which makes quick offers on homes and can close in days, has taken another step in this direction ... read more»

Realogy’s NRT appoints new SVP and CFO, Roger Favano
Thu, 17 Aug 2017 13:00:11
After several announcements earlier this year about movement in Realogy's executive suite, the real estate giant had been largely quiet about any hiring announcements. But clearly Realogy is still tweaking its all-star lineup ... read more»

$1M neighborhoods on the rise in coastal metros: Zillow
Thu, 17 Aug 2017 12:46:26
Since 2014, the U.S. has gained 346 new $1 million neighborhoods, which can be a good thing -- or a not-so-good thing, depending on how you look at it. According to Zillow, nearly one in 20 residential ZIP codes fall into this category because 10 percent of the homes in the area are worth $1 million or more ... read more»

Brokerage moneyball: Trusting data over your gut
Thu, 17 Aug 2017 11:59:56
The real estate marketplace is changing, and quickly. What were once outstanding ideas may have outgrown their usefulness. But how do you know ... read more»

NAR CEO Bob Goldberg: Disrupters aren’t ‘the bogeyman’
Thu, 17 Aug 2017 11:00:09
Realtors can be a fearful lot, seeing threats in new technologies and new business models that might change the way they do business. The National Association of Realtors (NAR) has in some ways encouraged this mindset, often disparaging companies such as real estate tech giant Zillow Group. But new NAR CEO Bob Goldberg, who is determined to paint himself as a change agent, is striking a more inclusive tone at the beginning of his tenure. In an interview with Inman, Goldberg said those thought of as "disrupters" should be invited into the "tent" of organized real estate in the hopes of turning them into Realtor advocates ... read more»

5 real estate marketing trends defining 2017
Thu, 17 Aug 2017 9:27:05
Marketing. Can’t live with it, can’t live without it. And though it may sometimes feel like marketing is falling outside of our job description, there’s more marketing in the day-to-day of the running of a real estate business than we may realize ... read more»

12 terrible habits of top producers that lower the bar
Thu, 17 Aug 2017 2:15:50
In real estate sales, how many homes we sell and how much money we make is the only measure of success. What many people don’t know is that it's possible to be a jerk and make money too ... read more»

How to grab your ideal clients with Facebook’s target audiences
Thu, 17 Aug 2017 2:00:19
There seems to be some misconceptions about what options advertisers (or agents) have for targeting their ideal audience on Facebook. Everyone seems to know about the basic targeting options: age, income, location, interests, behaviors, etc ... read more»

Which cities are best for flipping houses?
Thu, 17 Aug 2017 1:30:13
Making money by flipping property has become as much of an American dream as homeownership. The full spectrum programming on HGTV is a testament to how much we want to believe that we can make money of flipping houses, in small towns, in cities -- anywhere there is a deal with good bones to be had. ... read more»

10 tips to get the home sold once and for all
Thu, 17 Aug 2017 1:15:09
When you put a home on the market, the clock starts — and the pressure sets in. You only have one opportunity to make a first impression, and you don’t want the home to sit for endless days on market while your sellers get increasingly upset ... read more»

Real estate video marketing: 3 ways to generate leads with social media
Thu, 17 Aug 2017 1:00:35
Real estate video marketing is possibly the most effective marketing method available to agents; it's definitely one of the cheapest ... read more»

What do buyers want more — a bigger house or a bigger yard?
Wed, 16 Aug 2017 15:05:52
Smaller homes with more outdoor space seem to be all the rage lately as homebuyers are abandoning the motto "bigger is better" when it comes to square footage. According to a consumer survey by Wakefield Research commissioned by residential construction company Taylor Morrison, 56 percent of buyers would be willing to sacrifice having a larger house for a larger yard. Why ... read more»

Brad Pitt’s tiny home and other affordable space-saving miracles
Wed, 16 Aug 2017 14:47:20
Homelessness, lack of affordable housing, natural disaster damage -- these are all global problems that can be alleviated through creative housing solutions ... read more»

July housing starts take turn for the worse
Wed, 16 Aug 2017 14:36:48
June's housing starts report was heralded as "welcome news" by National Association of Realtors (NAR) Chief Economist Lawrence Yun, who said increasing residential construction was the key to lowering home prices. This month, however, housing starts have taken a turn for the worse. ... read more»

The fastest-growing real estate companies in the US
Wed, 16 Aug 2017 13:28:41
Every year Inc. magazine ranks the 5,000 fastest-growing privately held companies in the U.S. This year, 17 real estate companies made the top 500 cut, while 196 made the 5,000 list ... read more»

Home prices hit new peak in ‘extremely competitive buying season’
Wed, 16 Aug 2017 12:03:12
The housing market saw a series of ups and downs in Q2 2017, the majority of which were largely driven by low inventory unable to meet the demand of would-be buyers. This imbalance drove home prices to rise 6.2 percent, easily eclipsing the previous Q3 2016 peak of $241,300. The Q2 median single-family home price was $255,600, a 6.2 percent year-over-year and 6.9 percent quarter-over-quarter increase ... read more»

MID ‘a wasteful use of federal resources,’ says housing group
Wed, 16 Aug 2017 11:53:46
How can the United States tackle the increasingly problematic issue of homelessness and housing poverty? The National Low Income Housing Coalition (NLIHC) thinks that reforming the mortgage interest deduction (MID) is the way to move forward. But it's going to have to lobby against the National Association of Realtors (NAR) ... read more»

The Inman Files: Can NAR and C21 reckon with ghosts of the past?
Wed, 16 Aug 2017 11:16:20
I had a “suite meet” with new NAR CEO Bob Goldberg when I attended the trade group’s fat cat (leadership) gathering in Chicago this week. The affable new chief executive manages thousands of volunteers, a $187 million operating budget and a sprawling team of lobbyists, educators, publicists and event planners ... read more»