Posts filtered by tags: Real-estate[x]


Supreme Court: Agency over Fannie Mae, Freddie Mac violates Constitution

By JESSICA GRESKO | Associated Press WASHINGTON — The Supreme Court on Wednesday ruled that the structure of the agency that oversees mortgage giants Fannie Mae and Freddie Mac violates separation of powers principles in the Constitution. White House press secretary Jen Psaki told reporters that the president would nominate a new head of the Federal Housing Finance Agency after the Supreme Court decision, but she did not give a timeline. The justices sent the case involving FHFA, which oversees ...
Tags: Business, National News, News, Politics, Real Estate, Supreme Court, Top Stories Breeze, Top Stories IVDB, Top Stories LADN, Top Stories LBPT, Top Stories OCR, Top Stories PE, Top Stories PSN, Top Stories RDF, Top Stories SGVT, Top Stories Sun

Los Angeles County home sales drop 11% after $155,000 price jump

Los Angeles County’s skyrocketing home prices erased any savings low mortgage rates created, resulting in a rare, mid-spring sales drop. House hunters pulled back as affordability waned and homes that were on the market sold swiftly. Traditionally strong May saw transaction counts drop from April across Southern California. Here’s what my trusty spreadsheet found within DQNews/CoreLogic’s report on closed transactions in May from Los Angeles County … Sales: 7,800 existing and new residences s...
Tags: Business, Real Estate, News, California, Housing, Los Angeles, Sport, Soccer, House, Local News, Orange County, Riverside County, San Diego County, Zillow, Ventura County, Southern California

In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. This round is notable for a number of reasons. First off, it’s a large Series A even by today’s standards . The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. Lower is also something that is kind of rare these days in the startup world: profitable. Silicon Valley-based Accel has a history of b...
Tags: Fundings & Exits, Startups, Real Estate, Finance, Funding, Tech, Banking, Software, United States, Computing, Venture Capital, Ohio, Silicon Valley, Detroit, Columbus, Allstate

Housing market may be ‘stabilizing’: ShowingTime

ShowingTime's latest data reveals that home showings saw an unusual dip in May, which could indicate the market is finally "adjusting and stabilizing."
Tags: Real Estate, Technology, Radio, Zillow, Markets & Economy, Select, News Brief, Michael Lane, Showingtime, Daniil Cherkasskiy

Fire risk amid a housing crisis — California’s challenging new reality

By Emily Hoeven | CalMatters California has a lot of moratoriums it needs to worry about. Even as Gov. Gavin Newsom and state lawmakers rush to extend California’s eviction moratorium before it expires next week, another big deadline looms on the horizon. In November, the state’s moratorium on insurance companies dropping coverage for Californians living in wildfire-prone areas is set to end — meaning at least 2.1 million residents could soon find themselves without homeowners’ insurance. That d...
Tags: Business, Real Estate, News, California, Housing, Sport, Soccer, Wildfires, San Diego, Lake, Gavin Newsom, Southern California, Monterey County, San Francisco Chronicle, Sacramento Bee, Lake County

Will Blackstone’s $6 billion on house rentals hurt homebuyers’ chances?

By Patrick Clark | Bloomberg Blackstone Group agreed to buy single-family rental company Home Partners of America for $6 billion, betting the demand for suburban housing will stay hot even as the pandemic eases. Home Partners, which is being acquired by Blackstone Real Estate Income Trust, owns more than 17,000 homes across the U.S., according to a statement on Tuesday. The company gives tenants the option of buying their rental, making it unique among its peers. Single-family rentals have been ...
Tags: Business, Real Estate, News, California, Housing, Wall Street, Toronto, America, Bloomberg, Sport, Soccer, Rent, Blackstone, Blackrock, Southern California, Fed

May’s homebuying dip raises 5 questions for Southern California

Southern California homebuying took a surprising dip in May, raising the possibility that super-heated bidding wars and record price gains have forced potential owners out of the market. In another odd economic twist of the pandemic era, 23,956 new and existing homes sold in May, according to DQNews/CoreLogic. In what’s traditionally a prime homebuying month, those purchases in six local counties were down 8% from April. My trusty spreadsheet tells me that since 1988, May sales average 5.4% abov...
Tags: Business, Real Estate, News, California, Housing, Los Angeles, Sport, Economy, Soccer, San Diego, Local News, Zillow, Southern California, Los Angeles County, Inland Empire, Housing Data

These 7 charts show how American homes have changed over the decade

Carpenters work on building new townhomes that are still under construction in Tampa, Florida, on May 5, 2021. Octavio Jones/Reuters The Census Bureau recently released data about homes that were completed and sold in 2020. The median size of a completed house in 2020 was larger than in 2010 but smaller than in 2019. The following charts look at some of the characteristics for completed single-family houses in 2020. See more stories on Insider's business page. The median area of a ...
Tags: Real Estate, Housing, US, Trends, Features, House, South, Tampa Florida, Census Bureau, Quint, Octavio Jones, BI Graphics, Madison Hoff, Rose Quint National Association of Home Builders

House asking prices hit record levels across Great Britain

Rightmove data shows largest June increase since 2015 but economists suggest Covid boom may be fadingCoronavirus – latest updatesSee all our coronavirus coverageHouse asking prices have hit record levels across every region of Great Britain, according to latest figures, although some experts have questioned whether the pandemic boom is finally starting to wane.The price of properties coming to market rose by 0.8% month on month in June to a third consecutive record of £336,073, according to data...
Tags: Business, Real Estate, Money, Wales, Scotland, House Prices, UK News, Housing Market, House, Property, Stamp Duty, Office For National Statistics, Rightmove, Great Britain, Coronavirus

1031 property sales: Do they deserve the tax break?

One of the perks of our profession is we get insights into future legislation at the state and federal level that can affect our livelihood. You see, the commercial real estate lobby is quite influential. Recall, the enormous push that occurred last year in California to defeat Proposition 15 which would have altered the way property taxes are calculated for commercial properties. Presently, there is talk in Congress to gut tax deferred exchanges that are accomplished through section 1031 of the...
Tags: Business, Real Estate, News, Congress, California, Housing, Sport, Soccer, Williams, Irs, Commercial Real Estate, Fed, San Fernando Valley, Julie Baird, Lee Associates Commercial Real Estate Services, Allen C Buchanan

PowerSite Pro Profile: A Framingham, MA Single Property Website

We are excited to present this PowerSite Pro single property Website: Marketed by Casey Scholl and Miriam Crampton of Fine Boston Living, the Website highlights a 2 bedroom, 1.5 bathroom, three-level townhouse.  Using our new PowerSite Pro platform, Casey and Miriam have added: lots of high definition photosa detailed descriptiona list of amenitiessocial media linksoffice infoa property videoagent contact informationa property map Mimi is a th...
Tags: Real Estate, Boston, Marketing, Radio, Mimi, Casey, Miriam, AgencyLogic, Single Property Website, YouTube Vimeo, Facebook Instagram YouTube, Facebook Twitter YouTube LinkedIn, Embedded Google, Casey Scholl, Miriam Crampton, Fine Boston Living the Website

PowerSite Pro Profile: A State College, PA Single Property Website

We are excited to present this PowerSite Pro single property Website: Marketed by RE/MAX Centre Realty agents, Shelley Wilk and Eric Hurvitz, the Website highlights a 17 bedroom, 6 bathroom building for sale property at 500 South Allen Street, State College, PA 16801. Using our new PowerSite Pro platform, Shelley and Eric have added: lots of high definition photos a detailed description office info a property map amenities list a bio including contact information. ...
Tags: Real Estate, Marketing, Radio, Eric, Penn State University, SHELLEY, Centre County, State College, AgencyLogic, Single Property Website, YouTube Vimeo, Facebook Twitter YouTube LinkedIn, Embedded Google, Centre Realty, Shelley Wilk, Eric Hurvitz

How To Use The Quick Menu To Save Time Creating Your Single Property Website

The AgencyLogic software platform has been designed to make creating a single property Website as easy as possible. One feature that helps is the “Quick Menu.” Please follow these steps to access the Quick Menu – if you have additional questions give us a call on: (888) 201-5160 or email: [email protected] Step 1: Log into your account and click the PowerSite you want to work on. You can also click “My PowerSites” to see a list of your single property Websites: Step 2: Click “Quick ...
Tags: Real Estate, Internet, Marketing, Internet Marketing, Online, Radio, Listing, AgencyLogic, Single Property Website, Single Property Websites, Listing Website, Power Site, Power Sites, PowerSites, Listing Webitses

Why Top Tier Real Estate Agents Use Single Property Websites

Single property Websites come with a long list of benefits but don’t take our word for it; here are agents and brokers thoughts in less than 90 seconds:
Tags: Real Estate, Marketing, Radio, AgencyLogic, Single Property Website, Listing Website

A house filled with urine, feces, rotten meat, and dead cats gets offer frenzy at $592,500

A five-bedroom, four-bath, 3,598 sq-ft house in Colorado is listed as a "landlord's nightmare" on Redfin by the brutally honest listing agent. And that's the tame part. The realtor's description then gets into the nitty-gritty. "You will also notice there is not one surface of the home that has not been enhanced with black spray paint or a swinging hammer… But don't let that slow you down. — Read the rest
Tags: Post, Real Estate, News, Colorado, Teardowns, Houses, Redfin, Little Slice Of Hell

Is Free Food A Good Incentive To Buy A House?

We’ve had pizza so why not this too? If you enjoyed this post you’ll certainly enjoy these other ‘Just For Fun’ posts!
Tags: Real Estate, Free, Funny, Pizza, Fail, Fun, Radio, Taco, Just For Fun, Sign

Real Estate Podcast: Marketing To and Converting Motivated Sellers

In today’s Real Estate Podcast, from the Real Estate Marketing Dude, we get answers to the following questions: Where do you start to find motivated sellers in your market? How should you speak to motivated sellers? How do you make sure they convert to a happy client that recommends you to all of their friends and family? Three Things You’ll Learn in This Episode: Types of motivated sellersMotivated sellers are everywhere, you just need to know where to find them. We’ll cover wh...
Tags: Podcast, Real Estate, Radio, Real Estate Podcasts, Real Estate Marketing Dude

California Home Sales Ease In May As Statewide Median Price Inches Up To Set Another Record, C.A.R. Reports

– Existing, single-family home sales totaled 445,660 in May on a seasonally adjusted annualized rate, down 2.7 percent from April and up 86.7 percent from May 2020. – May’s statewide median home price was $818,260, up 0.5 percent from April and up 39.1 percent from May 2020. – Year-to-date statewide home sales were up 34.6 percent in May. Los Angeles, CA – June 16, 2021 (PRNewswire) After months of breakneck market competition, California home sales moderated in May as buyer fatigue set...
Tags: Real Estate, News, California, Sacramento, Los Angeles, San Francisco, Car, Radio, United States, San Diego, Kings, Nevada, Napa, Orange, Santa Clara, Sonoma

Redfin Reports Homebuying Demand Lets Up a Bit as Prices Soar

Redfin’s Homebuyer Demand Index was down 14% from its peak 9 weeks ago, and pending sales have declined 10% from their early May peak. Seattle, WA – June 18, 2021 (PRNewswire) (NASDAQ: RDFN) — Fierce competition continues to drive home prices up, but home tours, offers and pending sales have slowed, according to a new report from Redfin (, the technology-powered real estate brokerage. New listings, a key lever for home sales growth, have held up better than pending sales and are in...
Tags: Real Estate, News, Radio, Canada, Google Trends, Redfin, Seattle Wa, Real Estate News, Phoenix Redfin, John Biddle, Redfin Lead Economist Taylor Marr Seasonally

Australia's regulators are preparing to intervene in the property market as house prices explode by as much as $1,000 per day

A home in the Australian state of Victoria. The average home price in New South Wales, its neighbor to the north, has reached $1 million (AUD) for the first time. Jules Ingall/Getty Images Australian regulators are mulling an intervention into the housing market. Property prices are soaring as much as $1,000 (AUD) per day. New Zealand's central bank implemented lending controls of its own earlier this year. See more stories on Insider's business page. Regulators are preparing to st...
Tags: Real Estate, Australia, Trends, Housing Market, New South Wales, New Zealand, Victoria, DTI, RBA, Royal Commission, Philip Lowe, BI International, CFR, Reserve Bank of Australia RBA, AUD, UK Weekend

June 30: Is California’s eviction tsunami coming?

California’s eviction moratorium is coming to an end June 30. Since the earliest days of the pandemic, housing analysts have worried about a tsunami of evictions whenever the state lifts protections for renters.  Will there be an eviction tsunami when the moratorium ends? Or a smaller wave? CalMatters asked Carolina Reid, associate professor of city and regional planning at the University of California, Berkeley. The following interview has been lightly edited for clarity and length.  Q. A fe...
Tags: Business, Real Estate, News, California, Housing, Sport, Soccer, Rent, University Of California Berkeley, Gavin Newsom, Federal Reserve Bank of Philadelphia, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF

‘It’s the repetition that gets results’: Agents share their farming pro tips

Meetups and mailers are still the backbone of real estate farming, but agents at Inman Connect on Thursday said email is an increasingly powerful tool.
Tags: Real Estate, Radio, Farming, Berkshire Hathaway HomeServices, Brokerage, Select, Inman Connect, Exp Realty, Inman Events, Renee Funk, Jimmy Burgess, Tanin Teston

Fed’s decision to keep interest rates low may sink home prices in 2022

Sometimes you just have to take the punch bowl away for the greater good. Too bad Federal Reserve Chairman Jerome Powell and his merry men and women don’t have the backbone to end the Fed’s zero-interest-rate policy and $120 billion per month bond-buying binge. Concerned about promoting maximum employment and price stability goals at 2% with the coronavirus not fully contained, the Fed doesn’t plan to raise short-term interest rates until late 2023, Chairman Powell announced after this week’s Fe...
Tags: Business, Real Estate, News, California, Housing, Sport, Soccer, Jimmy Carter, Mortgage, Fed, Chapman, Freddie Mac, Powell, FHA, San Fernando Valley, Chapman University

Can You Trust This Real Estate Agent? ;)

If you enjoyed this post you’ll certainly enjoy these other ‘Just For Fun’ posts!
Tags: Dog, Real Estate, Funny, Fail, Fun, Radio, Just For Fun, Sign

When buying a home, the devil is in the details

One of the contingencies written into the Residential Purchase Agreement in California is Section 13 – Title and Vesting. It specifies: “Title is taken in its present condition subject to all encumbrances, easements, covenants, conditions, restrictions, rights and other matters, whether of record or not.” The section goes on to list the following exceptions: monetary liens of record (which seller is obligated to pay off) unless buyer is assuming those obligations or taking the property subject t...
Tags: Business, Real Estate, News, California, Housing, Sport, Soccer, Department Of Justice, Hoa, Internal Revenue Service, San Fernando Valley, California Franchise Tax Board, Top Stories OCR, Leslie Sargent Eskildsen

Real Estate Podcast: Differentiate Your Business or Drown In The Sea of Sameness

According to Super Agents Live, most REALTORS look and sound the same, and consumers see them as a commodity.  What value do you bring? And it can’t be something generic or some kind of commodity.  It needs to be something unique to you. Learn more in the following podcast.
Tags: Podcast, Real Estate, Radio, Real Estate Podcasts, Super Agents Live

Once-In-A-Generation Response Needed to Address Housing Supply Crisis

Washington, D.C. – JUNE 16, 2021 ( Decades of underinvestment and underbuilding have created a shortage of housing in America that is more dire than previously expected and will require a concerted, long-term nationwide commitment to overcome, according to a new report released today by the National Association of Realtors® and authored by the Rosen Consulting Group. Housing is Critical Infrastructure: Social and Economic Benefits of Building More Housing outlines causes and offers n...
Tags: Real Estate, News, Washington, America, Radio, NAR, National Association of Realtors, Real Estate News, Lawrence Yun, Charlie Oppler, Rosen Consulting Group Housing, Advance Housing Affordability

Home Shoppers Are Looking for More Flexibility in Their Home Space and Are Willing to Swap Short Commute Time for Affordability, According to® Survey

Room for extended family and pets, home office and internet rise in importance for buyers who realize the need to compromise in today’s competitive market Santa Clara, CA – June 17, 2021 (PRNewswire) Life is beginning to return to normal throughout the U.S. with many companies announcing their return to office strategies and cities beginning to open up. However, for many 2021 home shoppers who spent the majority of 2020 confined to their homes, the COVID pandemic has influenced what they are ...
Tags: Real Estate, News, Radio, United States, News Corp, Santa Clara, National Association of Realtors, Real Estate News,, Move Inc, NWS NWSLV, George Ratiu, Lexie Holbert

The red-hot housing market is leaving people of color behind. JPMorgan is pushing for new rules to fight 'appraisal bias' in real estate

The JPMorgan Chase & Co. World headquarters are pictured on April 17, 2019 in New York City. JOHANNES EISELE/AFP via Getty Images JPMorgan announced a list of new policies aimed at fighting racial biases in the housing market. The bank says it wants to bring "equitable access to affordable housing" and "economic opportunity for renters and homeowners." Just last month a Black homeowner from Indianapolis got appraised $100,000 more for her home when her white friend stood in for her. S...
Tags: Real Estate, Politics, News, Nbc News, US, Trends, Housing Market, Indianapolis, Cnn, Afp, Jpmorgan, Heather Higginbottom, New York City JOHANNES EISELE, Getty Images JPMorgan, Aleeya Mayo, Carlette Duffy

WeWork cofounder Adam Neumann is reportedly spending $44 million on 2 Miami Beach properties, months after selling his San Francisco 'Guitar House' compound

Former WeWork CEO Adam Neumann. Michael Kovac/Getty Images for WeWork Adam Neumann is buying two plots of land for $44 million on Miami Beach, the seller told the WSJ. The WeWork cofounder will have 50,000 square feet of land and multiple boat slips, the seller said. Neumann's purchase comes months after he sold his compound in San Francisco's Bay Area. See more stories on Insider's business page. WeWork cofounder and former CEO Adam Neumann is set to buy two properties for $44...
Tags: Real Estate, News, Ipo, Softbank, Israel, San Francisco, Trends, Property, WeWork, Wall Street Journal, Journal, WSJ, San Francisco Bay Area, Neumann, Miami Beach, Adam Neumann