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 […]
Berkshire Hathaway HomeServices Homesale Realty Announces New Roles for Senior Executives
Fourteenth annual real estate ranking advertised in The Wall Street Journal
Are You Ready for a Brand Refresh? Advice From an Expert After 40 years of the same logo and branding, rolling out something new didn’t come without challenges, according to Coldwell Banker’s Chief Marketing Officer David Marine. “The process we went through to determine that it was time to rebrand is a process any real […]
Pending Home Sales Up 1.1% in May Pending home sales increased in May, a positive variation from the minor sales dip seen in the previous month, according to the National Association of Realtors®. Three of the four major regions saw growth in contract activity, with the West experiencing a slight sales decline.
Zillow Announces Improvements to its Zestimate New home valuation model ‘sees’ unique home features and incorporates greater real-time data. Zillow announced refinements to its Zestimate® to incorporate real-time data and computer vision to identify and value improvements to individual homes, calling it “the most sophisticated and accurate” home valuation tool.
Homeowners May Be Underinsured for Weather-Related Disasters The growing threat from climate-related disasters, paired with the risk of being underinsured, can be financially devastating for homeowners. Last year alone, natural disasters cost the country $91 billion in disasters ranging from wildfires to hurricanes. According to industry consultant Marshall & Swift/Boeckh, publisher of the Residential Cost […]
Gap Widens Between What Buyers Want and What’s For Sale Half of all buyers are looking for homes priced at least 9 percent below the nation’s median list price of $315,000. There is a wide gap between what buyers want and what’s currently on the market, according to realtor.com research that finds half of all home […]
