Window to the Law: DOL Overtime Rules

Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily e-News. In this edition of the National Association of REALTORS®’s (NAR’s) Window to the Law, learn […]

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Update: Independent Contractor Status in the Spotlight at RISMedia’s 2016 CEO Exchange

Whether you’re a real estate newbie—or you have many years of experience under your belt—you’ve undoubtedly been entrenched in some way in the employee vs. independent contractor issue that’s garnered the attention of real estate professionals across the board over the past several years. Addressing the topic during a networking breakfast sponsored by ERA Real […]

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Nearly 30 Countries Represented at Upcoming LeadingRE Global Symposium

Excitement is building for the 2016 Global Symposium of Leading Real Estate Companies of the World® in Amsterdam October 23-25. LeadingRE members from nearly 30 countries will be participating, including Australia, Belgium, Bulgaria, Canada, Cayman Islands, China, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Luxembourg, Malaysia, Mauritius, Mexico, Monaco, Netherlands, New Zealand, Panama, Portugal, Russia, South Africa, Spain, Switzerland, […]

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Red vs. Blue States: What 8 Housing Differences Can Tell Us about the Election

By now, we’ve all come to grips with the fact that this is shaping up as the most monumental presidential election in (at least) a generation. The results in November will ultimately determine which way the Supreme Court will lean, who will be allowed into the country, how the nation will deal with Russia and China, even […]

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Time to Plan Your Fall Outing

NAR PULSE—Summer may be over, but fall is a great time to hit the road, especially for a long weekend getaway. You and your agents can save year round on car rentals with Budget®, a proud REALTOR Benefits® Program partner. From now until Oct. 31, get $10 off a 2-day weekend rental, in addition to […]

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Home Prices Continue to Accelerate

Home prices continued their rise across the country over the last 12 months, according to recent data from the S&P CoreLogic Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.1 percent annual gain in July, up from 5.0 percent last month. The 10-City […]

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New Home Sales Tumble in August but Still Top Projections

Sales of new single-family houses in August slipped 7.6 percent, but remain above monthly projections, according to new results from the Commerce Department. Single-family home sales were at a seasonally adjusted annual rate of 609,000, soaring 20.6 percent above the August 2015 estimate of 505,000. So what are homes selling for? According to the study, […]

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Realogy Appoints John Peyton as President and Chief Operating Officer

Realogy Holdings Corp. recently announced the appointment of John Peyton to the newly created role of president and chief operating officer (COO) for its subsidiary, Realogy Franchise Group (RFG). Peyton, formerly the senior vice president of brands and shared services for Starwood Hotels & Resorts Worldwide Inc., will begin at RFG on Oct. 13. Alex Perriello, CEO of […]

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ERA’s New President Susan Yannaccone Gets Candid about the Firm’s Future during RISMedia’s CEO Exchange

Day 2 of RISMedia’s 2016 CEO Exchange kicked off bright and early at the Harvard Club of New York City with a networking breakfast sponsored by ERA Real Estate, during which RISMedia President & CEO John Featherston had the opportunity to candidly discuss the future of ERA with newly appointed President & CEO Susan Yannaccone. […]

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Existing-Home Sales Ease in August

Existing-home sales eased up in August for the second consecutive month despite mortgage rates near record lows as higher home prices and not enough inventory for sale kept some would-be buyers at bay, according to the National Association of REALTORS®. Only the Northeast region saw a monthly increase in closings in August, where inventory is […]

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Real Estate Escrow Checking Accounts Now Offered by REALTORS® Federal Credit Union

Earnest money deposits play an important role in real estate transactions. While you’ve had several options for establishing escrow accounts for earnest monies, traditionally, credit unions haven’t been included in your options because of federal legislation prohibiting them from offering escrow accounts. That recently changed, however, thanks to efforts on behalf of real estate agents […]

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CEO Exchange 2016: What’s Next for Upstream, the ‘Google Drive’ of Real Estate

Forty-one. That’s the amount of times listing data may be entered through the course of one real estate transaction, estimates Upstream™ CEO Alex Lange. That’s 41 instances in which data may become incomplete or incorrect, posing a challenge difficult to surmount as technology advances. The result for brokerages has been a classic (and chronic) case of “too […]

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August Market Holds Steady

From 10,000 feet, the U.S. housing market has been nothing if not predictable in 2016 – inventory has been down, home values have grown at a remarkably steady pace and sellers have largely been sitting pretty. None of these trends shifted meaningfully in August, though there are a precious few signs emerging that hint at […]

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Cypress Village: New Enclave Overview

Last month, Cypress Village opened a new enclave with three new collections. The enclave is bordered by the 133 toll road on the west, Ridge Valley on the east, Trabuco on the north (Trabuco’s name changes to Great Park Road on the east side of Sand Canyon), and Marine Way on the south. One collection, […]

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Economic Growth Set to Accelerate

Economic growth is poised to accelerate to 2.6 percent in the second half of the year, a rebound from the lackluster growth of 1.0 percent in the first half of 2016, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s September 2016 Economic and Housing Outlook. The ESR Group’s full-year 2016 forecast remains at […]

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Continued Rise Expected for U.S. Rent Prices

With strong rent growth in most metropolitan areas, employment gains and low inflation countering weaker-than-expected gross domestic product, Yardi® Matrix forecasts moderate U.S. rent growth as 2017 approaches. A new national market outlook report from Yardi Matrix, “U.S. Multifamily Outlook 2016,” points to ongoing economic recovery in the U.S. and diminishing capital market volatility as […]

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The Wizarding Home of Harry Potter Hits the Market

If Potterheads were to consider investing in some Harry Potter real estate, they’d probably aim for the Hogwarts castle. Yet, while the castle is indeed stunning, Potterheads must also remember their muggle condition. And for muggles, 4 Privet Drive, Little Whingeing, Surrey is probably as close as they’re going to get to the magic. Turns […]

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Rates Hold Steady for Now, Fed Action Points to Possible Hike in December

The Federal Reserve kept the benchmark rate unchanged today, in a divided vote that alludes to the possibility of a hike before the end of the year. “The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of […]

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Open House Review: 20 Field

This pool property’s home sports a three car garage and is partially upgraded with new flooring, partially updated kitchen and bathrooms, new lighting, double paned windows and new stair railing.  The original cabinetry has been painted white throughout and although some walls show small scuff marks, the home is in very clean condition. 20 Field […]

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CEO Exchange 2016: Barreling toward a Real Estate Revolution

In real estate, every decision a company makes could potentially transform into its competitive differentiator. For some, traditional business methods may suffice; for others, as shared in RISMedia’s “The Evolution of the Real Estate Model: What’s Working and Why” panel held last week at the 2016 CEO Exchange in New York City, abandoning conventions in […]

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September Is REALTOR® Safety Month

NAR Pulse—Want to share the message of safety with your agents this month? “The Little Red Book: Safety Rules to Live By for REALTORS®” is the perfect tool for agents to use as they create and update safety protocols for their businesses. Filled with more than 100 tips, this booklet provides realistic safety tips for […]

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Terry Jones Announced as Special Guest Speaker for RISMedia’s Power Broker Dinner

Guests of this year’s RISMedia Power Broker Reception & Dinner will enjoy an inspiring evening on innovation and leadership with Terry Jones, founder of Travelosity.com, founding chairman of Kayak.com and now chairman of the new startup, WayBlazer.com and managing principal of ON Inc, a consultancy he founded to help companies in their transition to the […]

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Spotlight: Maintaining a Strategic Advantage in Today’s Fast-Paced Market

With four decades of real estate experience under his belt, including 35 as a managing broker, D.B. Wilson of RE/MAX of Boulder knows a good thing when he sees it. So when his employing broker Jay Kalinski introduced him to residential brokerage services company Moxi Works, there was no question that his firm needed to […]

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Open House Review: 19 Atlanta

This week, I saw an open house at 19 Atlanta that just came on the market a few days ago. This single story house features four bedrooms, two bathrooms, an atrium and a large backyard. The Basics: Asking price: $880,000 Bedrooms: 4 Bathrooms: 2 Square Footage: 1,707 Price per Sq. Ft.: $516 Lot size: 5,055 […]

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Identified: Top 10 Markets in Desperate Need of Single-family Starts

Single-family home construction is currently lacking in 80 percent of measured metro areas despite steady job creation. The low activity is creating a housing shortage crisis that is curtailing affordability and threatening to hold back prospective buyers in many of the country’s largest cities, according to new reseNARarch from the National Association of REALTORS®. NAR’s study reviewed […]

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Former HER Realtors(R) President Michael Mahon Takes Helm at First Team Real Estate

Michael Mahon has left his post as president and broker of record at Ohio’s HER Realtors® to take on the role of president at Southern California’s leading independent firm First Team Real Estate. With more than 26 years of comprehensive real estate experience—spanning the residential and commercial sectors to include real estate brokerage services, retail […]

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Open House Review: 28 Whitford

In the gated community of Bella Rosa in Northpark Square, this desirable one story home sits nicely on a cul-de-sac street amongst other single story homes. Although Whitford is an L-shaped internal cul-de-sac street, cars coming from the end of the cul-de-sac end drive toward the home’s garage/bedroom as they turn down Whitford.  The property […]

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Stonegate: Auburn Collection Review

Stonegate’s newest neighborhood, Auburn, opened on August 20, 2016. The homes are quite large, ranging from 3,210 – 5,250 square feet. There are four primary residences, but the largest one (Chelsea X) is not expected to open until December. There will be 74 total homes with an average lots size of only 5,000 square feet. […]

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‘We’re Still Here’: Realogy’s Alex Perriello Forecasts Positive Change at RISMedia’s CEO Exchange

Real estate has seen its share of innovation. Today, it’s on the cusp of momentous change as technology and time converge. The shift—concerning to many—was recently addressed at RISMedia’s Real Estate CEO Exchange, “Seizing the Day, Winning the Future,” putting to rest a question long lingering in the industry: Will the profession ever become obsolete? […]

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Home Flipping Hits Six-Year High

A total of 51,434 U.S. single family home and condo sales were completed flips in the second quarter of 2016, according to a new RealtyTrac Q2 2016 U.S. Home Flipping Report. These numbers are up 14 percent from the previous quarter and up 3 percent from a year ago to the highest number of home […]

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Lender Profit Expectations Improve

Mortgage lenders have reported a net positive profit margin outlook for a third consecutive quarter, according to Fannie Mae’s third quarter 2016 Mortgage Lender Sentiment Survey®. Conducted in August, the survey results show that 28 percent of lenders said they expect their firm’s profit margin to increase over the next three months, compared with 17 […]

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Expanding Homeownership Opportunities: Radian Guaranty Helps Credit Unions Foster the American Dream

While Philadelphia-based Radian Guaranty has always worked with credit unions to provide mortgage insurance (MI) solutions, the housing crash of 2007 changed the playing field for everyone. Since the Great Recession, credit unions have become a growing force in the mortgage lending arena, offering an attractive alternative to many disillusioned banking customers. As credit unions […]

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Home Appraisals Continue to Fall below Owner Perceptions Nationally

Quicken Loans recently announced appraisals across the country were an average of 1.56 percent lower than what refinancing homeowners expected in August, according to the company’s national Home Price Perception Index (HPPI). The Quicken Loans Home Value Index (HVI), which measures home value changes exclusively through appraisals, moved higher yet in August. Home values increased […]

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Report Says Dogs Can Really Understand What You Say

(TNS)—A new study that involved training 13 dogs to lie motionless inside an MRI machine for long periods of time found the family pets “probably understand words” especially the ones that we say in tones of praise and affection. All of which makes me wonder, if we can train a dog to lie in an […]

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Eastwood Village – Calistoga Collection Review

The Calistoga Collection in Eastwood Village opened in July 2016. It is the village’s seventh neighborhood and has the biggest homes so far, with a range of 3,034 – 3,380 square feet in the three primary residences. There is also a fourth floor plan measuring 1,976, but this single story residence isn’t modeled or advertised, […]

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Keys to REALTOR® Safety – Knowledge, Awareness, Empowerment

NAR PULSE—This September, use the resources and tools found in the REALTOR® Safety Program to help develop and update your professional safety protocols. Download the just-released 2016 Member Safety Report to enhance your knowledge on what causes REALTORS® to feel safe or unsafe, and view the realtor.org/safety resources, including webinars, videos, safety tips and more, […]

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Consumers’ Inflation and Expectations Rise

The August 2016 Survey of Consumer Expectations shows an increase in both short-term and medium-term inflation expectations. In particular, the median year-ahead inflation expectations reached its highest level of the year. Median expected household income growth also increased (for the third month in a row) to its highest level since May of 2015. Labor market […]

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Spotlight: Setting the Stage for Continued Success

One glance at the exhaustive list of specialties and markets being served by Tricia Kiefer and Tiffany Lester of The Kiefer-Lester Team at Coldwell Banker Premier Realty in Las Vegas, Nev., proves that these real estate professionals have all the bases covered for their expansive range of clients. That includes educating each and every buyer […]

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Great Spaces: A Japanese-Inspired Mountain Resort in Telluride

Known for its unparalleled natural beauty, history and unique lifestyle, Telluride is a beautiful retreat set in the San Juan Mountains of Colorado. Hovering at 8,750 feet above sea level, Telluride sits in a box canyon surrounded by stunning thirteen- and fourteen-thousand-foot mountains—the perfect backdrop for the future owners of this massive “Great Space.” Nestled […]

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Market Weakens in the West

Summer real estate activity has boosted quarterly regional growth in the Midwest and South, while a drop in quarterly performance out West fuels speculation of a cooling market, according to the new Clear Capital® September 2016 Home Data Index (HDI) Market report. Nationally, quarterly growth continues to stay steady, increasing slightly 0.1 percent since last […]

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Nation’s Top Real Estate Leaders to Gather This Week for RISMedia CEO Exchange

Tomorrow, we’re looking forward to the gathering of 250 of the top real estate leaders and influencers at the RISMedia CEO Exchange. Taking place this year at New York City’s prestigious Harvard Club, this group of industry professionals will come together September 13 and 14 to discuss “Seizing the Day, Winning the Future.” Topics will […]

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Women, with Weaker Credit, Outdo Men When It Comes to Paying a Mortgage

Female single mortgage borrowers default less on their loans than male single borrowers, despite having weaker credit, a recently released report by the Urban Institute reveals. The results of the report’s analysis show the percentage of female single borrowers who are 90 or more days delinquent is lower than that of male single borrowers—evidence that lesser credit […]

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Spotlight: Investing in Real Estate, One Lead at a Time

Real estate professional Shena Taylor may have one foot in Chicago (and license) and the other in Florida, but she wants to broadcast to the world that many of the people who think they aren’t qualified to buy a home or investment property, really can. In fact, she’s poised to launch a radio show to […]

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HELOCs Make Comeback as Prices Rise

A HELOC rebound is underway, according to a recently released Experian white paper. The rise in home equity lines of credit, commonly referred to as HELOCs, affects consumers and lenders positively, with consumers making payments on time and being responsible with their financial debts. Even with this positive outlook, consumers and lenders still should proceed […]

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Great Spaces: Cher’s Former Beverly Hills Mansion

Want to walk the same halls as pop legend Cher and comedic hero Eddie Murphy? Now you can. Hidden in plain sight in Beverly Hills’ Benedict Canyon Drive is the 20,000-square-foot mega-mansion designed and decorated by Cher herself, and it’s hot on the market. With 11 bedrooms and 17 bathrooms, you can comfortably house an […]

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RISMedia’s CEO Exchange Looks at the Evolution of the Real Estate Model

Next week on September 13th and 14th, top real estate industry professionals will gather at the Harvard Club of New York City for RISMedia’s 2016 Real Estate CEO Exchange. This year, the focus of the Exchange is “Seizing the Day, Winning the Future.” While the real estate market is on the upswing, economic uncertainty and […]

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Low Mortgage Rates Spur Refinancing

Average fixed mortgage rates moved slightly lower for the week. helping to spur ongoing refinance activity, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 30-year fixed-rate mortgage (FRM) averaged 3.44 percent with an average 0.6 point for the week ending September 8, 2016, down from last week when it averaged 3.46 percent. A […]

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Shortage of New-home Lots Promises to Drive Up Home Prices

A growing shortage of lots for new homes will push up home prices in many U.S. markets. That’s the word from the National Association of Home Builders (NAHB), which says the availability of new-home lots is at a historic low. In the NAHB/Wells Fargo Housing Market Index survey for May, 64 percent of home builders […]

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Home Purchases Stumble, but Continue Forward

The Fannie Mae Home Purchase Sentiment Index (HPSI) fell 1.5 points to 85.0 in August but continued its gradual climb upward from the same period last year. Four of the six HPSI components decreased during the month, most notably the share of consumers who expect home prices to go up in the next 12 months and […]

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Mortgage Applications Rise

Mortgage applications increased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 2, 2016. The Market Composite Index, a measure of mortgage loan application volume, increased 0.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]

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September Is REALTOR® Safety Month

NAR PULSE—Want to share the message of safety with your agents this month? Then register for the free Sept. 14 REALTOR® Safety Webinar – “Get Smart about Smart Homes and Your Safety.” Find out what REALTORS® need to know about smart home technology to best inform clients and protect them while on the job. Click […]

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Basements Didn’t Matter: New Homes Were Still Larger in 2015

A recent NAHB post shows that, after rising to a record high, the size of new single-family homes has leveled off and, as of the second quarter of 2016, is now trending downward slightly. Several things could be responsible. NAHB (and others) have emphasized a changing mix of repeat and first-time home buyers. Before focusing exclusively on this, however, it would be […]

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Are New Laws Impacting Real Estate in Your State?

New state laws relating to real estate have taken effect over the summer, many of which could impact homeowners, homebuyers and sellers in certain states. One such law, enacted in California, equalizes the rules governing escrow services performed by real estate brokers, independent escrow companies and underwritten title companies (UTCs). The law, sponsored by the […]

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Christie Brinkley’s Bridgehampton Home Hits the Market…Again

As the summer draws to a close and the Hamptons begin to empty out, supermodel Christie Brinkley is drawing attention to the locale…to the tune of $29.5 million. Brinkley, now an empty nester (her youngest recently graduated high school and is headed to the City) is ready to downsize and begin the next phase of […]

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Homeowner Confidence High, but Buyers Feel Discouraged by the Housing Market

Homeowners are feeling increasingly confident that now is a good time to sell a home, but renters are feeling uncertain they’ll be able to afford to buy, according to the latest Zillow® Housing Confidence Index (ZHCI). Existing homeowners have a more positive attitude toward selling than buying, an imbalance that is causing a slowdown in […]

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Mortgage Rates Rise for Labor Day

Mortgage rates moved slightly higher just before Labor Day, according to Freddie Mac’s most recent Primary Mortgage Market Survey® (PMMS®). As September begins, rates remain near their all-time record lows. The 30-year fixed-rate mortgage (FRM) averaged 3.46 percent with an average 0.5 point for the week ending September 1, 2016, up from last week when it averaged […]

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Home Improvements Push Residential Construction Spending Up

NAHB analysis of Census Construction Spending data shows that total private residential construction spending for July registered a seasonally adjusted rate of $445.5 billion, slightly up from the June downwardly revised estimate. The monthly gains are largely attributed to the strong growth of private construction spending on home improvements that rose to a seasonally adjusted […]

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Texas Ranch with Vista Views

Looking for lush Texas living? Head on down to 25 Augusta at Cordillera Ranch, an exclusive, resort-style community on 8,700 acres of sprawling Texas land, nestled next to five miles of Guadalupe River. The four-bedroom, five-bathroom home, designed by award-winning architect Gustavo Arredondo, features ultra-luxurious amenities such as a beach-entry infinity pool, a cascading waterfall, […]

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Finding Continued Success through Lead Generation

In this interview Amanda Todd, Founder & CEO, The Amanda Todd Group – Keller Williams Realty in Roseville, Calif., talks about how she grew her business from $15 to $50 million over the past year. Years in real estate: 2 Number of offices: 1, while in the process of expanding to several more Number of […]

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The Impact of Student Loan Debt on Housing

Over the past year, the National Association of REALTORS® (NAR) has become increasingly concerned about the impact of student debt on homeownership and the overall economy. The U.S. currently has a student debt load of $1.3 trillion, which accounts for 10 percent of all outstanding debt. While student debt has risen, the homeownership rate has […]

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