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How 3-D home tours have impacted my buying experience

Wed, 2017-05-17 04:42

Virtual tours and 3-D technology give buyers an advantage in markets with historically-low inventory. ...

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4 steps to better real estate leads for relationship-based agents

Wed, 2017-05-17 04:39

To build relationships with more people, find something you love to talk about outside of real estate. This becomes your point of connection. ...

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How automation can help you nurture old leads

Wed, 2017-05-17 04:34

What’s the worst part of an agent’s day? Making calls on old leads. Some offices and high-producing agents use call centers so they don’t have to do this cumbersome task ...

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How one agent stays at the top of Dallas real estate

Wed, 2017-05-17 04:10

F.C. Tucker broker Angela Raab interviews Kristin Smith, a successful real estate agent in the Lone Star state. ...

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4 tips for surviving the summer real estate market

Wed, 2017-05-17 04:00

Whether you'll be helping an old client or working on a new opportunity, show off your best skills and strategies, and keep these four tips in mind ...

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Where NAR and HUD Secretary Ben Carson concur (and conflict)

Tue, 2017-05-16 19:27

Dr. Ben Carson, the 17th secretary of the U.S. Department of Housing and Urban Development (HUD) made a brief visit to the National Association of Realtors midyear conference, where he was greeted with a standing ovation ...

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Where NAR and HUD Secretary Ben Carson agree (and deviate)

Tue, 2017-05-16 19:27

WASHINGTON — Dr. Ben Carson, the 17th secretary of the U.S. Department of Housing and Urban Development (HUD) made a brief visit to the National Association of Realtors midyear conference today, where he was greeted with a standing ovation. He offered ...

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Real estate industry’s Upstream project pivots, shifts strategy

Tue, 2017-05-16 16:31

The much-hyped Upstream project has “pivoted,” according to its CEO Alex Lange who shared details of the shift at a private lunch today at the National Association of Realtors’ (NAR) legislative meetings in Washington, ...

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Europe still has untapped real estate potential: Cromwell - The Straits Times

Tue, 2017-05-16 16:00


The Straits Times

Europe still has untapped real estate potential: Cromwell
The Straits Times
Last November, the Wall Street Journal reported that Cromwell is planning to list a billion-dollar European property portfolio on the Singapore Exchange, which would be this year's largest Reit (real estate investment trust) listing. Mr Weightman ...

Categories: Europe

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Intagent Offers Real Estate Website Solutions in USA - WireUpdate

Tue, 2017-05-16 15:24


Intagent Offers Real Estate Website Solutions in USA
WireUpdate
Intagent is a top-rated Real Estate Website Design and CRM Lead Management firm rendering its services to real estate brokers, agents, and companies. They're a one-stop destination when it comes to “all things tech” in the real estate industry with the ...

and more »

Categories: USA

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Intagent Offers Real Estate Website Solutions in USA - Digital Journal

Tue, 2017-05-16 15:22


Intagent Offers Real Estate Website Solutions in USA
Digital Journal
Intagent is a top-rated Real Estate Website Design and CRM Lead Management firm rendering its services to real estate brokers, agents, and companies. They're a one-stop destination when it comes to “all things tech” in the real estate industry with the ...

and more »

Categories: USA

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Opes Advisors expanding to all 50 states with acquisition by Flagstar Bancorp

Tue, 2017-05-16 15:08

It's easy when the housing market is in a dip to tell buyers that it's a smart time to think about purchasing a home, assuming they can afford it -- but what about a time like right now, when almost every market is hot and inventory is scarce on the ground ...

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It’s About Time: Builders Responding to Renter Rush

Tue, 2017-05-16 14:58

Will they, or won’t they?

Whether millennial renters would make the transition to homeownership has been hotly debated since the housing crisis—and now, there is more evidence pointing to the affirmative.

According to a recent report by the Wall Street Journal, home builders are starting to double back on starter home production, recognizing valid demand among millennial renters eager to enter the housing market. More builders, cited in the report, are constructing lower-priced homes with less square footage, taking crucial first steps toward adding supply. The average home built in 2016, according to the Census Bureau, was 2,634 square feet—a downsize.

“2016 marked the end of an era that began in 2009 when homes got bigger and bigger with more amenities,” said Rose Quint, assistant vice president for Survey Research at the National Association of Home Builders (NAHB), in a statement at the turn of the new year. “I expect the size of homes to decline as demand increases from first-time buyers.”

Builder confidence, in addition, hit another post-recession peak in the NAHB/Wells Fargo Housing Market Index (HMI) this month.

“Builders’ optimism in the housing market is solidifying, even as they deal with higher building material costs and shortages of lots and labor,” said Granger MacDonald, chairman of the NAHB, in a statement on the Index.

Millennials have clear-cut aspirations regarding homeownership—and, now, they’re becoming reality. An analysis by Trulia of the latest Census housing update reveals homeowner households formed at double the rate of renter households in the first quarter of 2017—the first reversal of the gauge in 10 years. Millennial renters are not just ready to become homeowners; they’re making it happen.

On the construction side, the priority shift couldn’t come sooner. A recent inventory update, also from Trulia, shows starter home supply fell 8.7 percent in the first quarter of the year, kept off the market—and out of reach of first-timers—by homeowners hesitant to list after losing equity in the crash. New starter homes would open up an alternative route.

The addition of more reasonably-priced homes would also lower the affordability barrier—one of, if not the, most considerable concerns for millennials. Many are caught in a catch-22 of high monthly cost obligations, including rent and student loan debt payments, with unsustainably low earnings—all having an adverse impact on their ability to save for a down payment.

Over-building was one of many underlying contributors to the downturn, but according to the Wall Street Journal report, a repeat scenario is unlikely. Builders—finally, and simply—are responding to demand.

It’s about time.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com.

For the latest real estate news and trends, bookmark RISMedia.com.

The post It’s About Time: Builders Responding to Renter Rush appeared first on RISMedia.

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Find Out How to Start Earning MVP Rewards From NAR NOW

Tue, 2017-05-16 14:56

NAR PULSE—The Member Value Plus (MVP) Program is celebrating five years of giving away rewards to members! To date, the MVP program has given away nearly $7 million in business-boosting rewards to subscribers who take advantage of twice a month MVP offers. Sign up to be an MVP by May 31 and earn your first FREE reward, How to Reach Millennials Through Instagram and Snapchat Webinar – Download, plus be automatically entered to win grand prizes, including a Google Home and Bose Bluetooth Headphones! Act now.

NAR Receives Prestigious Stevie® Award for Member Orientation Video
NAR is a proud recipient of the prestigious Stevie® Award for its 2016 New Member Orientation Video. The bronze award from the American Business Awards was given to NAR in the video category. More than 190 professionals worldwide participated in the judging process to select this year’s Stevie® Award winners. View the 2017 video and see the variety of orientation materials available to brokers from NAR to help welcome new members into the REALTOR® family. View the video.

Save up to 25 Percent on Car Rentals
NAR members get discounts up to 25 percent off year-round with Avis®, Budget® and Hertz® through the REALTOR Benefits® Program. Coupon codes offered by all partners can be added on to the base discount to increase savings. See partner offers for full details.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Find Out How to Start Earning MVP Rewards From NAR NOW appeared first on RISMedia.

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Housing Starts Make Unexpected Move

Tue, 2017-05-16 14:53

Home-building activity in April fell short of forecasts in an unexpected move down, with housing starts dipping 2.6 percent to a rate of 1,172,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 0.4 percent from March to 835,000. Starts for units in buildings with five units or more came in at 328,000.

Permits also posted lower, down 2.5 percent from March to 1,229,000, according to the data. Single-family permits decreased 4.5 percent from March to 789,000. Permits for units in buildings with five units or more came in at 403,000.

Completions totaled 1,106,000 in April, falling 8.6 percent. Single-family completions decreased 4.5 percent from March to 784,000. Completions for units in buildings with five units or more came in at 299,000.

Source: U.S. Census Bureau

For the latest real estate news and trends, bookmark RISMedia.com.

The post Housing Starts Make Unexpected Move appeared first on RISMedia.

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Realogy 2017 FWD Innovation Summit now accepting applications

Tue, 2017-05-16 14:48

The summit is for entrepreneurs and early-stage technology companies who are working to improve the real estate industry through innovative tech tools and platforms. Only 15 applicants will be chosen to hit the main stage and compete through a series of live demonstrations ...

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Malicious email campaign uses DocuSign branding and mailing list to lure recipients

Tue, 2017-05-16 14:12

Did you get a DocuSign agreement sent to you lately that didn't quite look right -- and that had a Word document attached for download? If you downloaded that document, then you could have installed malicious software onto your device ...

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Houwzer, ‘0% listing commission’ real estate brokerage, raises $2M

Tue, 2017-05-16 13:51

Come-ons from hybrid brokerages often seem too good to be true, but Houwzer's may take the cake. "Pay 0% commission for listing and selling your home with Houwzer," the Philadelphia-based brokerage proclaims boldly on its website. "Just pay the buyer's agent and you're good. Sound Revolutionary? Well, it is." ...

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How I had to change to increase diversity at Redfin

Tue, 2017-05-16 12:56

I realized my company had to change after talking to an African-American woman who’d just quit Redfin. When I asked her what it was like being black at Redfin, she simply said “lonely.” ...

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RISMedia and HouseCanary Launch New System to Bring Local Market Housing Data to Millions of Real Estate Professionals

Tue, 2017-05-16 12:55

New e-pub will combine RISMedia’s industry news with the data giant’s powerful predictive analytics to bring cost-effective local housing data to millions of real estate professionals in thousands of local markets across the U.S.

RISMedia is excited to announce its collaboration with HouseCanary, Inc. to power local residential real estate datasets through “RISMedia’s Real Estate Market Update & Neighborhood Report,” a new weekly e-newsletter powered by HouseCanary—providing trends, insights, and indices for thousands of local markets including zip codes, blocks and specific properties, today and into the future.

Click here to see a sample newsletter, which will direct subscribers to their local market data landing page. Here is a live landing page for the Villa Rica, GA market.

The information included in the new e-pub is derived from HouseCanary’s data infrastructure, which aggregates 1,000’s of data elements from a broad set of data sources tracking the most specific details about a given property, the broadest macroeconomic factors, and everything in between. The newsletter also will include timely and relevant local, regional and national real estate news and information from RISMedia, with which many subscribers are already familiar and rely on daily to stay abreast of important breaking news and business development insights in the real estate industry.

The new newsletter, which launched Monday, will be delivered weekly to millions of real estate professionals across the country, including brokers, agents and service providers serving the U.S. residential real estate industry.

“Other home valuation methods are based largely on historical comparable sales,” says HouseCanary CEO Jeremy Sicklick. “HouseCanary measures price movements on every residential block in the country, allowing for precise valuations today and three years into the future.  Our algorithms combine 40 years of history, 1 billion residential transactions and hundreds of proprietary calculations influencing home values, such as capital markets, jobs, traffic…even views from a property’s backyard.”

San Francisco-based HouseCanary’s  predictive data analytics engine processes thousands of data elements spanning 40 years of historical data and one billion residential real estate transactions, indexing and standardizing data to forecast home price valuations and market trends for three million residential blocks, 18,000 zip codes, and 381 U.S. Metropolitan Statistical Areas (MSAs). The company’s proprietary datasets are exclusively available at www.housecanary.com, and with today’s launch, via RISMedia’s Real Estate Market Update & Neighborhood Report. The company also recently announced a collaboration to provide their data sets on the Google Cloud Technology Partner program.

Each week the Real Estate Market Update & Neighborhood Report will focus on a different housing data set from HouseCanary’s indices, including home affordability, home price index forecast, home price index historical, home inventory and more, in that subscriber’s local market, providing real estate professionals with invaluable local housing information that they can share with their home buying and selling clients and enhance their value.

“The use and potential impact of predictive analytics in the real estate industry could be transformational,” said John Featherston, CEO and Publisher of RISMedia. “Consumers today are more sophisticated than ever before and have an unparalleled thirst for information, especially as it relates to their homeownership goals and objectives. Sharing the information in RISMedia’s Real Estate Market Update & Neighborhood Report is a powerful way for agents to enhance their value proposition to their clients, as well as augment, and in many cases enhance their other sources of data and information, such as their MLS-driven tools.”

Be on the lookout for RISMedia’s Real Estate Market Update & Neighborhood Report powered by HouseCanary this week, and if you do not receive it as part of the benefits of your existing RISMedia Daily e-News subscription, please contact RISMedia at realestatemagazinefeedback@rismedia.com to be added to this free and invaluable local housing news service.

For more information about HouseCanary, click here.

For the latest real estate news and trends, bookmark RISMedia.com.

The post RISMedia and HouseCanary Launch New System to Bring Local Market Housing Data to Millions of Real Estate Professionals appeared first on RISMedia.

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