Gap Narrows Between Homeowners’ Perceptions and Appraised Value The average home appraisal in May was 0.79% lower than what the owner estimated, according to the Quicken Loans Home Price Perceptions Index. While a lower-than-expected appraisal is never welcome news, this difference between homeowner estimates and appraisal values is slightly smaller in April, and the first […]
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NAR’s REACH Program Invests in Proptech Platform Propy Propy, a Silicon Valley real estate startup, announced that Second Century Ventures, a real estate technology fund backed by the National Association of REALTORS® (NAR), has invested in Propy’s proptech platform through REACH Program. This partnership will help leverage the NAR’s network of 1.3 million REALTORS® and […]
Columbus Realtors and Friends Tackle 39 Service Projects for Day of Service Although Realtors donate time and talent to their communities throughout the year, a one-day event in early June organized by Columbus REALTORS® focused the energy of hundreds of volunteers all over central Ohio.
Delinquent Mortgages Down from Year Ago According to a new report from CoreLogic, 4% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in March 2019, a 0.3-percentage-point decline in the overall delinquency rate compared with March 2018, when it was 4.3%. This was the lowest […]
Wealthy Millennials Are on the Move Mark Zuckerberg, CEO and co-founder of Facebook, may have been on the forefront of a migration trend when he relocated to California from Massachusetts.
Panama City Brokerages Earns Top CENTURY 21 Award Century 21 Real Estate LLC, a subsidiary of Realogy Holdings Corp., announced that CENTURY 21 Blue Marlin Pelican is the recipient of the 2019 CENTURY 21® “2100 Club Award” for best transaction growth earned in 2018 within the CENTURY 21® System.
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NRT Taps Finance Industry Veteran Tim Foley to Fill New EVP Role NRT LLC, the nation’s largest residential real estate brokerage company in sales volume, announced that Tim Foley has been selected to fill the newly created role of executive vice president of Operations in support of NRT’s Coldwell Banker® branded operations.
Garages Add 12% to Value of Home on Average, Says Redfin Analysis Chicago homes with garages sell for an estimated 38% more than comparable homes without them, according to a new analysis from Redfin, a technology-powered real estate brokerage. This equates to an additional $46,745 on the sale price of a typical Chicago home, the […]
Entering Their 50s, Gen X Preparing for Their Next Milestone Sitting between their millennial children and baby boomer parents, Generation X appears to be hitting their stride as they take on a new milestone: their 50s. As such, Gen Xers are looking ahead to their next stage of life. According to a recent survey by Del […]