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Daily market update: July 1, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest.   Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio   Home equity rates: Average Home Equity Loan Bank Rates by State | […]

Should you advise clients to lease out their homes as short-term rentals?

Many years ago, I was a residential real estate agent in Southern California. When I had clients who were buying second homes, I was always afraid to recommend they put their property up as a short-term rental due to the fact the property might get damaged and the client might take it out on me for […]

Ex-agent scams buyers in Craigslist dream home story gone awry

For Coty Houston and David Yost, the four-bedroom home they found on Craigslist was love at first listing sight. According to an article on Cleveland.com, the house didn’t signify a new place to lay their heads but a new life, one that would take them out of their current neighborhood plagued with drug activity and into […]

3 artful tips on how to stage a vacation home this summer

It’s that time of year when clients wish to determine the worth of their summer homes with an eye on that next purchase. When staging properties, especially vacation homes, consider bringing the summer inside by freshening walls with vibrant contemporary art. Spruce up rooms with a fresh coat of warm-hued paint, and add framed images […]

7 of the most frustrating real estate deal-breakers ever

The tendency for humans to make dumb or unknowable decisions has torpedoed countless real estate transactions. But while some silly, frustrating or nefarious behavior can’t be helped, real estate agents who know how human fallibility tends to manifest in their business can head off many snafus. From down-payment-draining boob jobs to botched faxes, here’s a list of some deal-breakers that have probably caused their fair share of frustration. 1. Buying […]

Rent and income growth: do they ever trend together?

Does it feel like more of the paycheck is going toward rent? For most metros, renters are spending more of relatively unchanged incomes, according to Apartment List. Some of the most economically unbalanced cities for rent and income growth include Houston, Washington D.C., Boston and San Francisco, according to the website’s rent growth study. By analyzing […]

Hot home design trends for summer

Reposted with permission from Decker Bullock Sotheby’s International Realty Bay Area home designer Tineke Triggs founded Artistic Designs for Living in 2001 and has since created one of San Francisco’s preeminent design firms working in the city and Marin County. She has a unique ability to transform interiors using a combination of left and right brain thinking and […]

Rudin Management launches energy-saving building operations tech

Brokerages offering tech platforms to other industry players is becoming all too common these days. In keeping with the innovative times, one of New York City’s most established real estate development firms released a cloud-based building operations platform. Nantum by Prescriptive Data LLC – a subsidiary of Rudin Management Co. – can eliminate excess costs and increase sustainability […]

Does the election scare off California homebuyers?

 If you’ve been paying attention, you know this year’s presidential election is anything but regular. But is the highly-publicized and lesser-of-two-evils narrative creating hesitation among California homebuyers? The run isn’t over, so it’s too early to say for 2016. Historically, however, elections have little impact on the Golden State housing market, a California Association of Realtors […]

Community spotlight: Tomball – Oiltown, USA

Known as “Oiltown, USA,” Tomball gained exposure when Exxon and 20 other energy companies helped provide the Houston suburb with jobs and economic prosperity throughout the 20th century. Now, the town retains its historic roots while benefitting from parks, local businesses and community pride. Situated a little over 30 miles northwest of Downtown Houston, Tomball is […]

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