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Real Estate News
Mortgage defaults are up, but analysts aren’t concerned
Mon, 27 Jul 2015 14:15:06
Mortgage default rates are seeing a slight uptick despite recent improvements in housing starts, but this news should not be a major cause of concern, according to data released last week by S&P Dow Jones Indices LLC and Experian ... read more»

Home prices up from May, especially in Northeast
Mon, 27 Jul 2015 13:30:55
When it came to top states and metros for home price gains in May, the Northeast and upper Mid-Atlantic dominated the list. While overall U.S. home prices were up 1.1 percent from April to May, eight states in the two regions saw month-to-month upticks of 1.5 percent to 1.8 percent. Amongst all U.S. states, New York led the way with an overall gain in home prices of 1.8 percent ... read more»

HUD rule aims to put the ‘fair’ back into Fair Housing Act
Mon, 27 Jul 2015 12:58:01
Despite four decades of the Department of Housing and Urban Development (HUD) working to promote fair housing and equal opportunity under the Fair Housing Act of 1968, patterns of racial, ethnic and economic segregation persist in many areas of the country -- but a new HUD regulation aims to change that ... read more»

How housing recovery is shifting the buy-or-rent balance
Mon, 27 Jul 2015 12:00:10
A recent RealtyTrac buy-or-rent analysis of 285 counties nationwide showed that in 2015 the monthly house payment on a three-bedroom single-family home or condo -- assuming a 10 percent down payment and including mortgage, property taxes and insurance -- was more affordable in 188 counties (66 percent) than the fair market rent for a three-bedroom property ... read more»

Use DiSC personality profiles to make money
Mon, 27 Jul 2015 11:54:53
DiSC profiles provide easy rule-of-thumb guidelines for the different personality types that you'll encounter when working with your colleagues and clients, and they'll help you tailor your communication with others to be more effective. ... read more»

How to strike balance between bragging and sharing
Mon, 27 Jul 2015 11:53:40
When overcome with success, it’s natural to want to share with the world. But most people reserve their personal praises for fear of looking arrogant or conceited. While the line between being proud and being a showoff is quite thin, you shouldn’t be so humble that your efforts go unrecognized ... read more»

Revo Property Pay launches mobile payment solutions for property managers
Mon, 27 Jul 2015 11:46:14
Having the ability to pay bills and manage transactions through multiple platforms is a necessity for many of us, so the increasing availability of mobile payment providers is helping to take the stress off individuals on either side of the transaction ... read more»

Sales-to-list-price ratio nears 99 percent
Mon, 27 Jul 2015 11:39:55
Data from a recent housing survey points to a market where a large percentage of homes are selling at or just below their asking prices. In June, the sales-to-list-price ratio for nondistressed properties was 98.5 percent, based on a three-month moving average ... read more»

‘Hot’ markets increase — except on East Coast and in rural areas
Mon, 27 Jul 2015 11:25:55
An analysis of the nation’s top 200 markets shows the average months of remaining housing inventory (MRI) sits at 6.1. According to Pro Teck Valuation Services’ Home Value Forecast, this figure represents a decrease of more than 12 percent from the same time last year ... read more»

Zillow + dotloop: Raising the bar or boiling your data?
Mon, 27 Jul 2015 11:00:50
Agents already have too many vendors to deal with. If Zillow can streamline services and bring more agents into the present with transaction management and e-signatures, it's good for the industry and consumer experiences. Big money backing a tool can drive down the costs on a per-user basis ... read more»

Down Payment Resource unveils ‘We turn home searchers into homeowners’ campaign
Mon, 27 Jul 2015 10:42:39
As the housing market heats up and more potential buyers learn about down payment assistance resources that can help them purchase their first homes, Down Payment Resource (DPR) has been busy partnering with multiple listing services, Realtor associations and mortgage lenders to better highlight these opportunities ... read more»

The power of the personal note
Mon, 27 Jul 2015 10:00:55
According to the 2012 US Postal Service Household Diary Study, personal mail is only 1 percent of the mail we receive weekly. A handwritten note is sure to stand out from the impersonal mailers and bills ... read more»

Agents can text each other business with Real Referrals’ mobile app
Mon, 27 Jul 2015 9:23:58
It took four years and three developers, but real estate broker Ed DePrato's vision of an all-in-one mobile app for real estate referrals is now a reality. DePrato, who runs the eight-agent firm YEGPro Realty in Alberta, Canada, built Real Referrals to streamline the process of vetting, securing and monitoring referrals for agents, mortgage brokers and property managers across North America ... read more»

Dotloop defends acquisition
Mon, 27 Jul 2015 8:20:39
The commentary started swirling as soon as Zillow Group announced its intention to acquire dotloop by the end of third-quarter 2015 -- concerns about product functionality, concerns about access and, especially, concerns about how Zillow Group might access and use transaction data that's always been part of dotloop, and whether this acquisition indicates that Zillow Group is taking a step toward becoming an end-to-end real estate transaction platform itself ... read more»

Zillow and Trulia reportedly integrating real estate agent profiles
Mon, 27 Jul 2015 7:28:59
Zillow Group is planning to integrate Zillow and Trulia real estate agent profiles, potentially halving the time and energy required to cultivate a positive image across the two listing portals, a Facebook thread suggests ... read more»

New-home sales down from May but still up from 2014
Mon, 27 Jul 2015 3:15:17
New single-family home sales in June hit a seasonally adjusted annual rate of 482,000. According to estimates from U.S. Census Bureau and the Department of Housing and Urban Development, this figure represents a 6.8 percent decline compared to May’s rate of 517,000. June’s rate, however, is 18.1 percent above estimates from 12 months ago ... read more»

The blogging strategy so effective you can’t afford not to use it: Part 1
Mon, 27 Jul 2015 3:00:43
So here it is, the blogging strategy so effective that you can't afford not to use it: Identify thought leaders in your market and mention them in your posts. There are several caveats to this, but we'll get into that later, as well as those actionable examples ... read more»

HomeUnion: Real estate investors should look to the Windy City for opportunities
Mon, 27 Jul 2015 2:15:50
Just as certain markets bounced back quicker than others following the recession, some markets have become more friendly to single-family investors as a result. HomeUnion, a real estate investment management firm, recently released a report outlining the Chicago market in particular as one ideally suited for investors looking for rental property ... read more»

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