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Real Estate News
Podcast: A college student’s journey to success using real estate
Thu, 28 Jul 2016 3:00:56
Think you have a lot on your plate? How about going to college full time and selling real estate? Jacksonville agent, Luis Perez, did just that. Originally on course to go into medicine (a family tradition), when the scholarships ran out, Perez needed to find a way to complete his degree without the burden of debt ... read more»

Feeling stalled? Reset your rudder in real estate and life
Thu, 28 Jul 2016 3:00:35
Running your own business can be very consuming. You commit energy, attention and time to client wants and needs -- often at the expense of your own. We end up measuring success by our checks and put off the ongoing maintenance our business requires to remain healthy and vibrant. ... read more»

How to use Facebook ads to generate top-of-funnel traffic
Thu, 28 Jul 2016 2:00:14
Many agents understand the world of Adwords or at least know that they can use Adwords to bid on keywords that might help them generate leads. If you’ve ever used Adwords, you also know that those clicks can be very expensive, and then you have to convert that click into a lead. You can easily spend hundreds of dollars on a lead ... read more»

Lessons learned when it takes a village to close a deal
Thu, 28 Jul 2016 1:45:42
Earlier this month, a group of about 12 real estate professionals and clients recently met on the outdoor patio of a Danville, California, restaurant on a sunny, warm evening for cocktails and appetizers. They were meeting to celebrate the culmination of a series of deals -- which nearly didn't happen a number of times over. ... read more»

Average selling time drops in many major metros, Zillow says
Thu, 28 Jul 2016 1:00:48
Diminishing inventory can often force buyers to bump shoulders as they race against the clock to appease sellers. In its June market report, Zillow says the average selling time was one full week faster than last year, further exemplifying how competitive the U.S. market has grown ... read more»

How mobile technology can help loan officers drive leads to agents
Thu, 28 Jul 2016 1:00:43
Kevin Blair was paying top dollar for online mortgage leads from sources such as LendingTree and Lower My Bills. At times, these leads were costing him $10-$20 each, while delivering, at best, “mediocre results.” ... read more»

Daily market update: July 28, 2016
Thu, 28 Jul 2016 0:00:15
Mortgage rates plus all the latest real estate market news ... read more»

What color metro line matches DC rent budgets?
Wed, 27 Jul 2016 16:00:23
Trulia recently released an enhanced search method that for commuters looking to rent in major metros. The website's Rent Near Transit tool filters listings near subways and commuter train lines in Boston, Chicago, New York, Philadelphia, San Francisco and Washington ... read more»

Shell latest oil company to cut Gulf employees
Wed, 27 Jul 2016 15:55:45
The Houston job forecast has been grim as of late, and unfortunately for some industries, the bad news only gets worse. Shell recently announced that it would cut 190 jobs from its Gulf of Mexico deepwater operations in order to remain "competitive and better position Shell's Gulf of Mexico projects for future growth," according to a statement to the Associated Press by Shell spokeswoman Kimberly Windon ... read more»

Leadership changes in Chicago real estate
Wed, 27 Jul 2016 15:45:36
Two big changes are occurring in the Chicago real estate industry, with one being immediate and the other on the horizon. Patrick Ryan of Related Realty has stepped into a new position as senior vice president, and Pam Krieter is retiring from her position as CEO of Mainstreet Organization of Realtors (MORe) ... read more»

Luxury listing: ultra-lux Tribeca penthouse
Wed, 27 Jul 2016 15:30:38
This multi-level Tribeca penthouse in The Sterling Mason buulding doesn't skimp on the luxury. Featuring French doors, a custom-made Henrybuilt kitchen with walnut cabinetry, a steel and oak stairway and an expansive private terrace with breathtaking views, even the most lavish of lifestyles would appreciate the unit's craftsmanship ... read more»

RESO slashes annual dues for small MLSs, hikes costs for the big dogs
Wed, 27 Jul 2016 15:17:35
RESO has announced the implementation of new membership tiers that slash annual dues for smaller MLSs with the goal of making compliance less burdensome while wrapping certification into a membership benefit. Meanwhile, annual dues for larger MLSs have increased. ... read more»

Illinois Realtors report home sales and prices on the rise
Wed, 27 Jul 2016 14:34:16
The hot weather in Illinois this summer isn't stopping homebuyers from staying active in the market. According to the Illinois Realtors, the median home price throughout the state increased 5.8 percent annually in June, and homes are selling at a faster pace ... read more»

Redfin: Despite increasing housing supply, LA homebuyers continue to face challenges
Wed, 27 Jul 2016 14:30:02
Home prices in the city of Los Angeles rose 7.3 percent in June from a year earlier to $590,000, down slightly from last month’s high-water mark of $600,000. Home sales remained tepid in June, increasing just 2.0 percent over last year ... read more»

6 new counties must report all-cash deals to FinCEN
Wed, 27 Jul 2016 11:35:34
In January of this year, the federal government announced that title insurance companies in two metropolitan statistical areas (MSAs) -- Miami and New York -- would have to identify the individuals behind any limited liability corporations (LLCs) that were buying properties with cash. Some experts predicted that this was a temporary move and that the period of investigation (which began March 1 and is supposed to wrap up August 27) would end when it was supposed to without further action taken by the federal government ... read more»

Black Knight DC home price index for May 2016
Wed, 27 Jul 2016 11:30:36
Black Knight Financial Services released its May 2016 home price index data for Washington D.C., based on summarized sales data -- here's how the metro measured up ... read more»

Black Knight Miami home price index for May 2016
Wed, 27 Jul 2016 11:05:50
Black Knight Financial Services released its May 2016 home price index data for Miami, based on summarized sales data -- here's how the metro measured up ... read more»

How’s foreclosure recovery looking — and where are the pain points?
Wed, 27 Jul 2016 10:28:11
The U.S. Treasury, HUD (Department of Housing and Urban Development) and FHFA (Federal Housing Finance Agency) have combined to write a new “white paper” on foreclosure prevention -- it was released on Monday. Much as I hope that its conclusions will not have to be used in large numbers any time soon, it is by far the best foreclosure work to come out of the government during or since the late Bubble ... read more»

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