Existing-Home Sales at Pace Not Seen Since Summer

Existing-home sales in October were at a pace not seen since summer, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.48 million, a 2.0 percent increase from September but a 0.9 percent decrease from one year prior. Inventory decreased 3.2 percent to 1.80 million, 10.4 percent below one year prior. “Job growth in […]

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2018 Forecast: Affordable Homes in the Suburbs

In 2018, anticipate home-building will shift to the suburbs, according to a forecast recently released by Zillow. Cheaper construction costs, coupled with demand for entry-level homes, is expected to lead to increased inventory in the suburbs. “We’re on the other side of the housing recovery, and the real estate market looks quite different than it […]

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A Commitment to Community and Professionalism: Berkshire Hathaway HomeServices New Jersey Properties

Ramping Up for the Next Generation of Real Estate For the ownership team at Berkshire Hathaway HomeServices New Jersey Properties, it’s all about focused growth—and maintaining a company culture that thrives on performance and professionalism. The company, which reported volume last year of over $1.5 billion, has grown its agent population by nearly one-fourth in […]

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Home Prices Rapidly Rise: Is History Repeating Itself?

‘Rapid Price Increases Will Not Last Forever’ The current growth in home prices is echoing the lead-up to the recession. Is history repeating itself? The answer is likely not, according to a recently released realtor.com® report. Building is lacking in many markets—one hallmark 10 years ago was over-construction—and credit standards are more stringent, says Danielle […]

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Appealing to Investors: ‘Emerging’ Markets Show Strength

Housing markets in the three largest metropolitan areas—Chicago, Los Angeles and New York—have always attracted capital, eagerly handed over by investors recognizing profit potential, safety and security. Now, according to new research, other major metro areas are diverting the flow, drawing increased investment in real estate. The common denominator? Economies flourishing with jobs and skilled […]

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Out in Front and Ahead of the Game: RE/MAX Fine Properties

Raising the Bar on Real Estate Success When brothers Nimesh and Minesh Patel decided to go into business together, they leveraged their rich backgrounds in technology, finance and real estate to take over Sugar Land, Texas-based RE/MAX Fine Properties in 2009. Since then, the firm has consistently improved upon its numbers year-over-year, with remarkable accomplishments […]

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Staying Ahead of a Shifting Mindset

Power Brokers Discuss Consumer Engagement Strategies at RISMedia Forum When it comes to keeping today’s consumers engaged, for real estate professionals willing to put in the time and effort, the sky’s the limit. “Consumer success strategies are always changing; however, what never changes is the need for unique and efficient ways to keep the customer […]

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Which Real Estate Portals Can You Trust?

How Homes.com Keeps Agents at the Center of the Real Estate Transaction Editor’s Note: The following is the cover story in the November issue of RISMedia’s real estate magazine. As other real estate portals focus on scaling and capturing more consumer traffic, Homes.com is focused on meeting the needs of the industry. The company isn’t […]

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Giving Everyone a Stake in Success: Keller Williams Virginia Realty Alliance Group

Lots of companies talk the talk when it comes to collaboration, but how many really walk the walk? According to Tipper Williams, operating principal of Keller Williams Virginia Realty Alliance Group, it comes naturally at her firm because it’s part of the DNA of the Keller Williams brand itself. “I have found the support from […]

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Home Prices Are ‘Unstoppable’—Will They Stay That Way?

Home prices grew in the latest S&P CoreLogic/Case-Shiller Indices, up 6.1 percent year-over-year in August, compared to 5.9 percent in July. The increase is against-grain in an economy gaining at a lesser pace, says S&P Dow Jones Indices Chairman of the Index Committee and Managing Director David M. Blitzer. “Home price increases appear to be […]

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