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New home sales slumped in May

The number of new homes sold took a nosedive in May, falling 7.8 percent below April’s reported figure and 3.7 percent year-over-year, according to the latest data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. The median sales price of new homes sold was $308,000 and the average sales price was […]

Annual home price gains continue to slow down in April: Case-Shiller

Annual home price gains are continuing to slow down, driving toward their lowest level in seven years, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. Home prices, on average, achieved an annual 3.5 percent gain in April, down from 3.7 percent the previous month. “Home price gains continued in […]

Where is your business in the cycle of change?

The Business Cycle of Change is inevitable in all industries. Companies navigate the five cycles – Disruption, Acceleration, Maturation, Saturation, and Commoditization – at different rates, impacted by internal factors, like leadership alignment, and external factors, like the economy. We see corporations going through the cycle – companies like IBM and Apple, Blockbuster and Netflix, […]

3 essentials of building great technology

Jerry Modes Jerry Modes has built an amazing career on using tech to solve problems and elevate the customer experience. Modes is an IT/data visionary who co-founded two wildly successful startups: Teradata, which was later acquired by AT&T, and HyperParallel, a platform that touches almost all shoppers. Having joined RE/MAX, LLC in November 2018 as […]

Chicago-based Midwest Real Estate Data brings on Remine

The multiple listing service is the latest to provide its subscribers with Remine Enterprise Pro, a new offering that allows MLSs to give all their agents access to Remine’s entire suite of services. Source: click here

Lesson Learned: Do unto others

In this weekly column, real estate agents across the nation share stories of the lessons they’ve learned during their time in the industry. This week, one of NAR’s 30 Under 30 Sean Anthony. Source: click here

You can now rent Biggie Smalls’ childhood home for $4K a month

Classic rap fans have a chance to relive their young fan dreams — the home where The Notorious B.I.G. grew up was just listed as a $4,000-a-month rental. As first reported by Curbed, Compass agents Fabienne Lecole and Grant Fodiman listed the 972-square-foot Brooklyn, New York, apartment where rapper Christopher Wallace, more commonly known as The […]

Read it and weep: 1 in 3 owners cry while trying to sell a home

Among those who admitted to shedding a tear, a whopping 20 percent cried 5 or more times during the agonizing process, according to a new Zillow study. Source: click here

Mortgage tech startup Blend raises $130M, adds Pixar vet to board

The mortgage technology startup Blend announced Monday that it has raised an additional $130 million in venture capital funding, bringing the company’s total funding to $310 million. The San Francisco-based company plans to use the capital to further grow its team of nearly 400 employees and invest in new technology. Blend (named for “better lending”) is a […]

JP & Associates hires former RE/MAX president Geoff Lewis

JP & Associates Realtors announced Monday that Geoff Lewis, a veteran executive of RE/MAX, is joining JPAR’s parent company Vesuvius Holdings, LLC. Source: click here

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