Election Outcome Calls Rate Hike into Question

The outcome of the presidential election has called into question prior indicators of an interest rate rise in December, with analysts now expecting the Federal Reserve to keep the key rate unchanged as markets respond to the result. Housing, currently, is projected to maintain relatively status quo. “The lead-up to the election had no impact […]

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Take a 3-Minute Survey to Earn with MVP

NAR PULSE—Spend a few minutes helping REALTOR® Magazine build better handouts for clients and earn a brand new MVP reward, The Who, What, Where and How of Live Streaming and Video Marketing Webinar – Download. By taking action you will also be automatically entered to win a $250 Visa Gift Card. Offer ends Nov. 15! […]

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Four Trends to Shape Real Estate in 2017

2017 promises to be an interesting year in real estate. Facing the millennial effect, interest rate questions and economic changes, it’s important for REALTORS® to devote time investigating both their state and local real estate trends, as well as the national factors, determining 2017. Below are four promising trends that will shape the market this […]

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Homeowner Views Move to Align with Appraisers Opinions

Homeowners still view their homes as more valuable than the opinions of appraisers, but only by roughly 1 percent, according to the latest Quicken Loans National Home Price Perception Index (HPPI). That gap, the Index shows, is closing, as homeowner estimates and appraiser valuations edged more toward alignment in October than in September. “This information […]

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Why Women Make Great Real Estate Investors

In the past, real estate investment has been a male-dominated arena. However, as more and more women gain financial independence, they are moving into the real estate market at rapid speed. Below are a few reasons why women make good real estate investors. Women tend to be more comfortable with longer-term investing than men, and the purchase […]

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Open House Review: 90 Devonshire

Last week I wrote up the property at 45 Coleridge, which was accepting back-up offers, just after five days of being on the market.  90 Devonshire is the same San Mateo model but this home lacks the optional conservatory and is priced about $40K higher, and like the other model, it is also now accepting […]

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Celebrating Success, Honoring Leaders at 21st Annual Power Broker Event

An at-capacity crowd of over 500 brokers and industry leaders converged in Orlando on Nov. 4 to attend RISMedia’s 21st Annual Power Broker Reception & Dinner, sponsored by Quicken Loans and Xome and held in conjunction with the National Association of REALTORS® Conference & Expo. The evening recognized the accomplishments of those brokers who ranked […]

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NAR Power Broker Roundtable: Meet Bill Brown, 2016 NAR President-Elect

Introducing Bill Brown, 2016 President-Elect of the National Association of REALTORS®, in this month’s Power Broker Roundtable Moderator: Nicholas (Nick) D’Ambrosia, Liaison for Large Residential Firms Relations, NAR; Broker of Record, The Long & Foster Companies, Chantilly, Va. Participant: Bill Brown, 2016 National Association of Realtors® President-Elect; Founder, Investment Properties, Oakland, Calif. Nick D’Ambrosia: As […]

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The Most Expensive Homes on the Market This Fall

The word “luxurious” doesn’t even begin to cover the extravagance of Point2Homes’ recently released list of America’s most expensive homes. These incredible listings offer everything you can dream of—home theaters, large swimming pools, many acres of meticulously landscaped grounds, and more! 1. 594 Mapleton Drive Los Angeles, Calif. Bedrooms: 14 Bathrooms: 27 $200,000,000 This estate, […]

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Property Values: Blue and Red States Divided on More than Just Politics

Party preference isn’t the only thing dividing red states and blue states. After applying the industry’s most accurate real estate valuations to every home in the U.S., HouseCanary found that there is also a significant and growing divide in residential real estate values between red states and blue states. How big is the divide between […]

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Listed: Historic Mansion in the Heart of D.C.

Historic mansion in the heart of D.C…132 rooms, 35 bathrooms and 52 acres….43 previous occupants dating back to 1800…seeking new residents for January 20, 2017—sound familiar? Regardless of whether or not you agree with either of the presidential candidates, the fact of the matter is that come January, the current tenants will be vacating the White […]

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Down Payment Assistance Programs Unlock the Door to Homeownership

The current housing market is ripe with opportunity. Interest rates remain low, credit availability is expanding, and employment is on the rise. For many hopeful homeowners, however, one hurdle they may not feel comfortable getting over comes in the form of the down payment. In fact, many buyers (and real estate professionals) believe that in […]

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Realtor.com® Works to Enhance Global Real Estate Opportunities

Homebuyers have a new, robust experience that makes global for-sale home search more simple and efficient in the United States and across dozens of countries. Recently, realtor.com® announced the addition of U.S. listings to realtor.com/international, giving users access to more than 4.5 million listings from over 70 countries. The site, which relaunched in July as part of […]

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Race in Real Estate: Black and Hispanic Applicants Twice as Likely to Be Denied Mortgages

White and Asian borrowers are more likely to be approved for a conventional loan than black or Hispanic borrowers, according to the latest federally released data from the Home Mortgage Disclosure Act (HMDA). The disparity persists despite improvements in mortgage access for borrowers over the last few years. In 2015, 22.4 percent of black applicants […]

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‘Flintstone House’ Fails to Sell, Takes Up Residence on Airbnb

Selling a home as iconic as the ‘Flintstone House’ is not for the faint of heart (or for those looking for a quick sale in order to untether themselves from the real estate game so they can spend their retirement traveling). As the current owner of the Hillsborough, Calif., home can attest, it’s time to […]

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Limited Supply Spurs Higher Prices in Third Quarter

Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of REALTORS®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including San Jose, Calif., which had a median […]

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While Sales Cool, Manhattan Rents Rise

The real estate market in Manhattan and Brooklyn continues to cool, according to the Q3 2016 StreetEasy® Market Reports. Manhattan rents, however, are now rising faster than Manhattan sale prices. Median rent rose 3 percent over the past year, while median resale price increased by 1.1 percent, which marks the slowest pace of growth since Q4 2010. Resale prices rose the most in […]

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Distressed Home Sales Plunge to Nine-Year Low

Distressed sales—including bank-owned (REO) sales, sales of homes actively in foreclosure, and short sales—accounted for 12.9 percent of all U.S. single-family home and condo sales in Q3 2016. According to ATTOM Data Solutions’ Q3 2016 U.S. Home Sales Report, these numbers are down from 15 percent in the previous quarter and down from 15.9 percent […]

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Open the Door to Success with Key Tools and Resources from NAR at the REALTORS® Expo in Orlando

It’s not every day that opportunity knocks. Fortunately, one of the best and easiest ways to discover more of them is by attending the 2016 REALTORS® Conference & Expo in Orlando, Nov. 4 – 7, where you can get a firsthand look at key tools, tips and benefits. The party kicks off at Friday’s Opening […]

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Home Decorating Tips for Bookworms

Even non-bibliophiles quaver under the splendor of Belle’s library or shed a small tear when thinking about the library of Alexandria turning into smithereens. Because books elevate any room’s IQ, they have often been used for interior design. But if like me, you find yourself on the hoarding end of the spectrum, your book decorating […]

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What’s Next in Real Estate? Markets, Trends to Watch in 2017

Real estate in 2017 is to be shaped by cities that meet not only the economic standards of a sustainable market, but also the demand for distinct neighborhoods within those markets. This is according to the Urban Land Institute’s (ULI) and PwC’s latest report, “Emerging Trends in Real Estate® 2017,” which analyzes trends-to-come in both […]

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Blog: Single Women Kick Butt in the Housing Market

Over the past 12 months, single women made up 17 percent of all homebuyers, purchasing at twice the rate of their single male counterparts, according to a new annual report from the National Association of REALTORS®. Furthermore, 2016 research from MGIC Connects shows single women representing the second-largest home-buying group, right behind married couples. This […]

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Interest Rate Rise Shelved until December

Interest rates will rise, but not until December at the earliest, the Federal Reserve announced Wednesday, confirming a long-held view that the Fed would not raise rates ahead of the presidential election. The benchmark interest rate determines the movement of mortgage rates, which currently linger around 3.5 percent. “The Committee judges that the case for […]

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Giving Real Estate Professionals Every Reason to Succeed

In the following interview, Mark Pessin, managing broker, Carlsbad, regional manager, San Diego of Realty ONE Group, discusses education, social media, training and more. Region Served: San Diego Years in Real Estate: 18 Number of Offices: 3 Number of Agents: 238 Favorite Vacation Spot: San Diego What is one of the challenges your market faces, […]

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Explore America’s Neighborhoods: Georgetown, Washington, D.C.

Think Georgetown and you probably think prime hangout for American University, George Washington University, and, of course, Georgetown University students. Countless bars and restaurants are to thank for this steady influx of youngsters that keep the area lively and engaging. Yet, that is not all there is to Georgetown, a neighborhood that has been recognized […]

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Open House Review: 45 Coleridge

45 Coleridge is accepting back-up offers as of October 24, just after five days of being on the market.  This is one of the quicker sales I have seen of this San Mateo model.  This is the first home I have been to with the optional conservatory on the first floor.  Although the conservatory provides […]

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Get Winning, Keep Saving with FedEx

NAR PULSE—You work hard to build your business. Now you can make it more rewarding by saving up to 26 percent on select FedEx® shipping simply by signing up for My FedEx Rewards. Enroll for FedEx® shipping services by Nov. 4 and you’ll be automatically entered to win $10,000 or other prizes in addition to […]

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Forecast: Homeowner Wealth to Compound in 2017

Home prices continued their climb in September, up 6.3 percent year-over-year and 1.1 percent month-to-month, according to CoreLogic®’s recently released Home Price Index (HPI™) and HPI Forecast. The Forecast projects a 5.2 percent price increase from September 2016 to September 2017, generating $1 trillion in homeowner equity. “Home price growth creates wealth for owners with […]

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Cypress Village: Tristania Collection Review

Cypress Village’s newest neighborhood, Tristania, open a few weeks ago. Located in the newest enclave, these homes are between the 133 toll road and Ridge Valley, south of Trabuco/Great Park Road. The Tristania collection is built by California Pacific Homes and consists of 150 attached townhomes with four different floor plans, ranging from 1,606 – […]

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