Move, NAR Execs: News Corp Acquisition will Create ‘Multiplier Effect’ for realtor.com®

Editor’s Note: Following the big news Tuesday that massive media empire News Corp acquired Move, Inc., RISMedia spoke with Steve Berkowitz, Move CEO, and Bob Goldberg, president and CEO of the Real Estate Information Network (RIN) and NAR senior vice president, Sales & Marketing, and Business Development for more details on what the deal means […]

Only 10.7 Percent of All Mortgaged Homes Still Underwater

Nearly 950,000 homes returned to positive equity in the second quarter of 2014, bringing the total number of mortgaged residential properties with equity in the U.S. to more than 44 million. Nationwide, borrower equity increased year over year by approximately $1 trillion in Q2 2014.  This compares to a negative equity share of 14.9 percent, […]

Why We’re Better Together: Zillow CEO Explains why Zillow Plans to Acquire Trulia

As you’ve probably heard by now, Zillow recently entered into a definitive agreement to acquire Trulia. The deal is not final and won’t be for some time, requiring both shareholder and regulatory approval in addition to customary closing conditions. Still, industry partners have a lot of questions as to what to expect from this acquisition. […]

Housing’s Share of GDP: 15.5 Percent for the Second Quarter

Housing is an important source of economic growth. As of the second quarter of 2014, housing’s share of gross domestic product (GDP) was 15.5 percent, with home building and remodeling yielding 3.1 percentage points of that total.   Housing-related activities contribute to GDP in two basic ways. The first is through residential fixed investment (RFI). RFI […]

New Home Sales in August – Back on Track

In a joint release the Census Bureau and Department of Housing and Urban Development reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 504 thousand in August, up 18 percent from July and 33 percent from August 2013. The supply of new homes available for sale inched up to […]

August Existing-Home Sales Lose Steam

As cash investors pull away from the housing market, August’s existing home sales also slipped, according to the National Association of REALTORS®. This decline follows four consecutive months of impressive gains. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West. Total existing-home sales, which are completed transactions that […]

Agent Teams: A Winning Model (or Not)

Real estate agent teams started over a decade ago, and they are stronger than ever. When done right, they can be a win-win-win for all parties. Clients are provided with immediate information, accessibility and service. Brokers see high-quality business growth. Agents are able to work in their areas of expertise, feel empowered by being part […]

Home-Builder Confidence Hits Highest Mark since 2005

Builders’ sentiment jumped four points to 59, the highest level since November 2005, according to the September NAHB/Wells Fargo Housing Market Index. Many of the builders commented on the renewed interest by potential home buyers and higher traffic in their models and through their phone calls. Supporting those comments, all three components rose led by […]

CEO Exchange Exclusive: Master Real Estate Marketers Reveal Their Winning Campaign Tactics

With more options than ever for today’s homebuyers and sellers, appealing to a diverse clientele with a one-size-fits-all marketing plan just won’t cut it. On day two of RISMedia’s CEO Exchange, the industry’s master marketers revealed the campaigns they used to separate themselves from the pack. During Stand-out Strategies: Marketing Tactics That Deliver on Differentiation, brokers […]

Final Push on 3 Percent Cap on Fees and Points

In June, the House of Representatives passed H.R. 3211, “The Mortgage Choice Act,” which addresses discrimination against affiliate businesses in the calculation of fees and points under the Qualified Mortgage (QM) safe harbor. H.R. 3211 and its Senate companion, S. 1577, are a bipartisan compromise that reduces discrimination against mortgage firms with affiliates in the […]