After years of inventory shortages, rising home prices and bidding wars, the number of homes on the market may finally be going up, according to Trulia’s latest Inventory and Price Watch Report. In the third quarter of 2018, total U.S. inventory fell just 2.5 percent year-over-year, the smallest such decline since the beginning of 2015. While there are still […]
The median monthly rent for a one-bedroom apartment in Seattle is nearly $2,000, while the median rent for the same apartment type in Detroit is $780. So, Detroit is clearly the more affordable market, right? Wrong. A new study by Rent.com released Friday reveals that determining rent affordability is far more complicated than simply examining rental […]
In a rapidly changing real estate landscape, many agents wish they were telepathic and could read consumers’ minds. But the next best thing might be Zillow’s 2018 Consumer Trends Report, released Thursday. After all, Zillow reported a record 188 million monthly users in its latest earnings call, so it certainly has lots of consumer behavior […]
Homeowners looking for a reverse mortgage may have to undergo a second appraisal in certain circumstances, thanks to new guidance from the Federal Housing Administration (FHA). Under the new requirement, homeowners will have to provide a second property appraisal before receiving a Home Equity Conversion Mortgage (HECM), commonly referred to as a reverse mortgage, if the FHA […]
The company will use the money to accelerate integration of its in-house mortgage services, title services and buyer’s brokerage (via a recent acquisition of another startup, Open Listings) into its core offering to homesellers, and to continue its expansion from a current 16 markets to 50 markets by 2020. Source: click here
Although you might not let a robot negotiate a real estate deal on your behalf, you probably wouldn’t mind letting it handle all the grunt work, right? Here are four real estate robots that’ll change how you do business. Source: click here
When you set expectations from the start with your clients, you’re creating the tone for the collaborative process that is buying and selling real estate. We asked agents all over the country how they set boundaries and client expectations. Here’s what they said. Source: click here
Do you feel like technology, specifically your email inbox, is inundating you with so much information you can hardly keep your head above water? Check out these tips for taking back control and making your inboxes work for you instead of the other way around. Source: click here
The funding round includes additional participation from Wellington, IVP and Fidelity. To date, Compass has raised $1.2 billion in venture capital funding. Source: click here
Leaders of the Council of Multiple Listing Services (CMLS) urged their members to be part of the change in the industry as CMLS kicked off its annual conference Thursday. Source: click here
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