Existing-Home Sales Off to Shaky Start
Existing-home sales faltered in January, disappointing at 4.94 million and marking the third month in a row sales have underwhelmed, the National Association of REALTORS® reports. Compared to December and last January, there were 1.2 percent and 8.5 percent fewer homes, respectively, sold. A bright spot? Considerable gains in for-sale supply. January’s inventory level rose […]
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Three Generations in One Apartment Building? That Was the Grandparents’ Idea
(TNS)—When the three generations of the Haven clan—eight members in all—gather for a family get-together, no one has to travel very far. The patriarch and matriarch—Clayton, 84, and Sharon, 76—live on the ground floor of a 1910 apartment building in the Normal Heights neighborhood of San Diego. Their son, Matt, 45, his wife, Carla, 44, […]
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6 Emerging Home Automation Products for Savvy Clients
The following information is provided by the Center for REALTOR® Development (CRD). Each January, the annual Consumer Electronics Show (CES) showcases cutting-edge technology by companies from around the world. The show even has an entire section of its website dedicated to smart homes. This year, home automation showed up in a big way, including these […]
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Builder Confidence Lights Up
Builder confidence is igniting, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The February Index reads 62; in January, it was 58. At 51 or higher, the general outlook is positive. “Ongoing reduction in mortgage rates in recent weeks coupled with continued strength in the job market are […]
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Slow Start, but It’s Not Over Yet: 5 Things to Know About This Year’s Flu Season
(TNS)—As influenza season trudges on, public health officials report fewer cases than last year’s severe and deadly season. A Centers for Disease Control and Prevention report released recently shows a more effective vaccine compared with the previous two seasons and called this season a low-severity year so far for influenza—classified as having a fever, cough […]
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Save on TurboTax®—up to $20 Off
NAR PULSE—Remind your agents and staff that it’s time to start thinking about tax filing. Through the REALTOR Benefits® Program, NAR members enjoy savings on TurboTax, America’s No. 1 best-selling tax software. This benefit can also be shared: Staff and family of NAR members can use this discount, too. Learn more. Make the Connection—Win MVP […]
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For-Sale Homes Inch up—a First for a January in a Long Time
For-sale home inventory is steadily ticking up, gradually growing for four of the last five months, according to new research by Zillow. This January, there were 1.2 percent more homes on the market nationally than there were in Jan. 2018, accounting for 19,455 additional listings, according to the latest real estate report by Zillow. There […]
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Inspecting Luxury in Nantucket
Alan Carney, a home inspector with Pillar To Post Home Inspectors, recently conducted a home inspection on this $25 million Nantucket property. Q: You recently had a unique opportunity to conduct a home inspection on a grand home on Nantucket. Can you share your thoughts regarding the experience? A: I became a Pillar To Post […]
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The Future of Real Estate Investment: Opportunity Zones
According to the 2017 Distressed Communities Index by the Economic Innovation Group, one in six Americans, approximately 17 percent of the population, live in economically-distressed communities, and the average state has 15.2 percent of its population living in these struggling areas. The new Opportunity Zone (OZ) tax incentive was created as part of the 2017 […]
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Disruptor Roundup: HomeLight Launches iBuyer Platform
Editor’s Note: The Disruptor Roundup analyzes companies implementing unconventional models. HomeLight, a real estate referral company based in San Francisco, Calif., is now extending its services, diving into the iBuyer segment with Simple Sale™. The offering reportedly opens sellers to a pool of 100 preapproved local and national iBuyers in 40-plus U.S. markets spanning more […]
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