Existing-Home Sales Flounder in August

Existing-home sales floundered in August, posting higher than one year prior but lower than in July, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.35 million, a 1.7 percent decrease from July but a 0.2 percent increase from one year prior. Inventory decreased 2.1 percent to 1.88 million, 6.5 percent below one year […]

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College Debt Is Postponing Homeownership—but by How Long?

College debt is having a compounding effect on how millennials perceive and plan for homeownership. Eighty-three percent of millennials in a recently released report by the National Association of REALTORS® (NAR) say they are delaying their home-buying plans by a median seven years as a result of their student loan debt. Twenty percent of the […]

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Brokers Get Real About Standards, Succession Planning and Zillow

Challenged by demand for discount and other unconventional brokerage models, and potentially disintermediation, real estate broker/owners today are charged with embracing innovative practices while maintaining profitability. Many are succeeding—but not without burdens, concerns and pressures. Several real estate industry leaders frankly shared their experiences and insights in a lively panel at RISMedia’s exclusive Real Estate […]

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The State of Real Estate: ‘The Good, the Bad and the Ugly’

HomeServices Chairman Kicks Off RISMedia CEO Exchange With Candid Look at Industry Set within the hallowed halls of the Harvard Club of New York City, RISMedia’s 2017 Real Estate CEO Exchange opened last week with a candid look at the state of the real estate union from HomeServices of America Chairman and CEO Ron Peltier. […]

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Motivating Agents a Key Driver of Success

In the following interview, Shannon Daniele, broker/owner and franchise partner of HomeSmart Realty Group in Signal Hill, Calif., discusses the firm’s agent growth, training and more. Regions Served: Los Angeles and Orange County, Calif. Years in Real Estate: 18 Number of Offices: 1 Number of Agents: 90 Best Tip for Getting the Right Listing Price: […]

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Commercial Real Estate to Soften, but Still on Solid Footing

Commercial real estate price growth in large markets is expected to flatten over the next year, but strong leasing demand and investor appetite in smaller markets should keep the sector on solid ground, according to the latest National Association of REALTORS® (NAR) quarterly commercial real estate forecast. Backed by the ongoing stretch of outstanding job […]

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Confidence in Housing Doubles Back Toward All-Time High

Confidence in housing doubled back in August toward the all-time high in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with home sellers’ optimism rebounding from July. The HPSI overall posted 88.0 in August, 1.2 percentage points higher than the month prior and moving toward the Index’s record high, reached for the second time in […]

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Confidence in Housing Doubles Back Toward All-Time High

Confidence in housing doubled back in August toward the all-time high in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with home sellers’ optimism rebounding from July. The HPSI overall posted 88.0 in August, 1.2 percentage points higher than the month prior and moving toward the Index’s record high, reached for the second time in […]

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Home Sellers Are Making Bank in Today’s Market

Home sellers are making bank in today’s market, realizing a 24.1 percent, or $39,900, gain in 2016, according to a recent analysis by Zillow. Sellers on the West Coast—where home prices have rocketed since the recession—saw higher returns, with those in Oakland, Calif., taking home the most at 78 percent, or $235,000. Duration is key. […]

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3 Keys to Revival in Small Cities

Small cities once booming as industrial hubs have the opportunity to prosper again, according to recently released research from the Lincoln Institute of Land Policy. A report by the organization, “Revitalizing America’s Smaller Legacy Cities: Strategies for Post-Industrial Success From Gary to Lowell” (Gary, Ind., and Lowell, Mass., two former manufacturing cities) presents three key […]

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