Is it a good time to buy or sell? Economists say no need to fear rate hike

While some may be concerned about rising mortgage rates, First American Chief Economist Mark Fleming says there’s no need for alarm. According to the latest Potential Home Sales Model report, the housing market could handle a 30-year, fixed-mortgage ra…

Map visualization tool SightMap offers renters a better way to apartment hunt

Engrain, a data visualization software company based in Denver, Colorado, released a new version of SightMaps, which empowers users to create and publish web-based, unit-by-unit and site plan maps of apartment properties and office spaces, for potentia…

Map visualization tool SightMap offers renters a better way to apartment hunt

Engrain, a data visualization software company based in Denver, Colorado, released a new version of SightMaps, which empowers users to create and publish web-based, unit-by-unit and site plan maps of apartment properties and office spaces, for potentia…

Realtor.com: Early Signs of a Slowdown

Home prices and sales are at their speediest yet, but there are indicators of tempering, according to data from realtor.com®. In May, listings were at a median $297,000, which is 2 percent higher than in April and 8 percent higher than in May 2017. Annual growth, however, lost steam; in February, home prices were up […]

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Report defends multiple listings services from government intervention

A new white paper released today from The Council of Multiple Listing Services ahead of the June 5 government workshop on competition in real estate, argues that the real estate industry does not need any government intervention to help get listing dat…

Come for the Leads, Stay for the Culture: Building a Better Team, Today

In the following interview, Mike Hogan, CEO of Keller Williams Realty – Richmond West in Richmond, Va., discusses generating leads, operations, recruitment and more. Region Served: Richmond, Va., with expansion teams in Fairfax, Williamsburg, Fredericksburg, Charlottesville and Farmville, Wilmington and Raleigh, N.C. Years in Real Estate: 17 Number of Offices: 4 Number of Agents: 32 […]

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Existing-Home Sales Fizzle

After early gains in the season, April existing-home sales fizzled, with every region sputtering, the National Association of REALTORS® (NAR) reports. Activity in April declined 2.5 percent to 5.46 million, down 1.4 percent from the prior year. Inventory increased 9.8 percent to 1.8 million, but, by comparison, was 6.3 percent lower than the prior year. […]

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Consumers get duped on highjacked listings — I did twice

The state of New York is reportedly even considering outlawing the practice. In the face of this legal threat, I’ve noticed better disclosures by portals about listings. But it’s still very confusing.

Agent/broker perspective: Is technology replacing real estate agents?

A mid-career Miami real estate agent is feeling threatened by the rise of Zillow, FSBO, etc., as replacements to the traditional real estate agent, and she is strongly considering a career change.

News Corp’s digital real estate services reports 27% growth, net loss $1.1B

News Corp’s digital real estate services, which include Move’s realtor.com and Australia-based REA Group, announced its third quarter fiscal year 2018 results Thursday, which boasted $2.10 billion in revenue — a 6 percent increase from the year prior.