What do recent actions mean for joint ventures in the real estate industry? Here’s an analysis. The Real Estate Settlement Procedures Act (RESPA) regulatory environment has changed significantly since the former Consumer Financial Protection Bureau (CFPB) director Richard Cordray left the CFPB in November 2017. New leadership promised to end the era of “regulation by […]
Despite the constant buzz surrounding technology and its impact on the industry, it is unlikely it will replace the role of a trusted real estate advisor. Here’s why. Will technology, artificial intelligence, and machine learning change the real estate business? The answer is yes. Will these disruptors replace the role of the real estate sales […]
4 Ways to Sell to Baby Boomers and Gain Their Trust Earlier this year, The Wall Street Journal pointed out a growing trend in the real estate industry: Baby boomers are on the move. Just a decade ago, this generation was busy building “McMansions” and now they’re trying to sell these extravagant homes in favor […]
What You Should Know About Selling a Summer Home Deciding to sell a second or summer home is a big decision for any homeowner and working with a seller who is going through this often demands more guidance and planning than with someone who is selling a regular home or primary residence.
How Homeowners Can Protect Themselves from Damage This Summer Summertime, and the living is… hazardous? For those of us in the insurance industry, summer is a season of risks, from weather-related disasters to activities connected to recreation. You can’t remove all the risks of life, but by following these tips, homeowners can head off a […]
Coalition Formed to Combat Real Estate Wire Fraud Real estate wire fraud is a sophisticated scam targeting individuals making wire transfer payments during the home buying process. Unknowingly, victims send wire transfers to the account of criminals who are pretending to be real estate and title industry professionals involved in the transaction. FBI data show […]
Tech Roundup: Commute Time Filter, ADT Goes Into Prop Management; House Buyers’ New Portal Realtor.com launches Commute Time Filter Commute times often figure into the house hunt, which is why Realtor.com has launched its Commute Time Filter on iOS. The filter provides buyers an enhanced ability to search for homes by both rush-hour and off-peak commute […]
May Home Prices Increased by 3.6% Year Over Year Home prices rose both year over year and month over month, according to CoreLogic Home Price Index (HPI™) and HPI Forecast™ for May 2019. Home prices increased nationally by 3.6% from May 2018. On a month-over-month basis, prices increased by 0.9% in May 2019. (April 2019 […]
How AI Is Changing the Face of Real Estate Many computers today perform easy AI tasks in comparison to the potential of the technology itself. AI advancements will be viewed as strong when all computer inputs and outputs can’t be defined. AI has had a huge impact on many industries including real estate.
The Median Home Is Unaffordable by Average Buyer in Three-fourths of Markets The average median-priced home is not affordable for average wage earners in 353 of 480 U.S. counties–74 percent–according to property database curator ATTOM Data Solutions. Its Q2 2019 U.S. Home Affordability Report, determined affordability for average wage earners by calculating the amount of […]
