8 Tech Companies in 2018 REach® Class
NAR PULSE—NAR’s strategic investment arm, Second Century Ventures, will work with eight companies that show promise in the real estate industry as part of its REach® accelerator program. The companies offer an automated email platform, local marketing system, compliance checklist, transaction management system, income goal tracking program, lead routing app and transaction coordination platform. Learn […]
HomeServices Acquires Ebby Halliday in Latest Move
HomeServices of America, Inc. is acquiring Ebby Halliday Real Estate, Inc., a legacy North Texas powerhouse. The acquisition includes the brands Ebby Halliday, REALTORS®, Dave Perry-Miller Real Estate and William Trew Real Estate, as well as affiliates Home Team Mortgage and Texas Premier Title. As has been customary with HomeServices, the brand’s names will remain […]
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Zillow: $40 Billion to Flood Into Housing Market, Even as Homeowner Incentives Limited
Americans’ earnings, generally, have gotten a lift on payday as a result of the Tax Cuts and Jobs Act. With cuts come more discretionary spending—and, although there are changes to homeowner incentives, almost $40 billion of it is going into the housing market, according to a new report by Zillow. “Despite new limits to two […]
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Appreciation Linked to Population Rise
Appreciation and demand go hand in hand, and for investors, both are key to profit, according to a new report. Assessing the association between growing interest and mounting prices, analysts at HouseCanary found that appreciation is higher where inbound migration numbers are swelling. Boise, Idaho, for example, has had a high influx of new residents, […]
Hawaii Volcano Victims Can Get Relief on Mortgage Payments
(TNS)—If you live in an area of Hawaii that’s been impacted by the Kilauea volcano eruption, your mortgage lender may offer you relief. The eruption has destroyed 26 homes (at press time), and more homes are still at risk. Wells Fargo and Bank of Hawaii have implemented disaster relief policies for those affected by Kilauea. […]
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Midyear Update: Flat Forecast for Home Sales This Year
For the foreseeable future, the housing market will be plagued by scarce supply, according to presenters at the 2018 REALTORS® Legislative Meetings & Trade Expo, held recently in Washington, D.C. With the economy and employment encouraging growth, home sales will be subdued, though still on an uphill track, according to National Association of REALTORS® (NAR) […]
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For Buyers, Credit Matters—but How Much?
Borrowers not as creditworthy as others often have higher mortgage payments; in fact, according to an analysis recently released by Zillow, the average borrower categorized with credit as “fair” can be on the hook for $21,000 more than a borrower with an “excellent” score. Here’s how: Borrower A has a credit score that’s stellar (“excellent”), […]
How Can Brokers Lead the Effort to Increase Listings, Boost Inventory?
According to RISMedia’s 2018 Power Broker Report & Survey, 71 percent of Power Brokers are being challenged the most by inventory shortages. This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses how to address the issue, and offers up steps and solutions. Moderator Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; […]
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Amazon Experience Centers Look to Transform Smart-Home Shopping
Amazon is making moves yet again. As a way to market its smart-home business segment without having to invest in conventional store locations, the online marketplace giant has partnered with Lennar Corporation to provide connectivity demos of Alexa-enabled products—everything from video doorbells and smart shades to lighting and scheduled deliveries—within the homebuilder’s model homes, calling these […]
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Is Net Neutrality on the Path to Reinstatement?
In an action arguably more emblematic than impactful, the Senate voted on Wednesday to overturn the repeal of net neutrality, with the goal of reinstating rules that ban internet service providers (ISPs) from blocking or slowing traffic on the web. Led by Sen. Ed Markey (D-Mass.), the measure passed in a 52-47 vote, and now […]