Monthly Archives: December 2017

FCA Is Spreading Holiday Cheer With Savings

NAR PULSE—The holidays are a little brighter: through the end of the year, stack up the savings when you combine Big Finish incentives with the $500 cash allowance on the purchase or lease of select vehicles. Remember, family members in the same household benefit, too. Learn more about this offer available through NAR’s REALTOR Benefits® […]

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Housing Starts Rise in Surprise November

Home-building activity rose in a surprise November, with housing starts up 3.3 percent to a rate of 1,297,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 5.3 percent to 930,000. Starts for units in buildings with five units or more […]

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Tax Reform Vote: Any Last Holdouts?

The Republican party’s self-imposed Christmas deadline for the widely debated tax bill is fast approaching. Last week, Republican lawmakers announced they had the votes necessary to pass the converged Tax Cuts and Jobs Act bill. As the process moves forward, details are changing quickly, and, now, a couple of steadfast voters may not cast their […]

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NAR: Even With Economic Gains, Homebuyers and Sellers Unsure

Even with economic gains and employment growth, homebuyers and sellers are less optimistic about their prospects, according to recently released findings from a survey by the National Association of REALTORS® (NAR). NAR’s quarterly Housing Opportunities and Market Experience (HOME) report reveals 60 percent of renters believe now is a good time to buy a home, […]

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Using Training and Communication to Stay Relevant

In the following interview, Lynsey Engels, president of Mel Foster Co., a member of Leading Real Estate Companies of the World® (LeadingRE), in Davenport, Iowa, discusses client relationships, the local market, training and more. Region Served: Eastern Iowa and Western Illinois Years in Real Estate: 16 Number of Offices: 9 residential, 1 commercial, 1 insurance […]

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Net Neutrality Rollback Threat to Real Estate Industry

The net neutrality controversy came to a head last week when the Federal Communications Commission (FCC) repealed the Obama-era open internet regulations following a meeting on Dec. 14. These protections required broadband internet providers to offer equal web access without added fees for preferential treatment or higher speeds. The net neutrality rollback won in a […]

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Marijuana’s Impact on Real Estate

While the cultivation, distribution and possession of marijuana remain illegal under the federal Controlled Substances Act (CSA), nearly all states* allow for the limited medical use of marijuana and eight states (plus the District of Columbia) allow for some recreational use. More than 17 states allow individuals to grow their own marijuana plants for personal […]

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Making Real Estate Personal Again: LaVerne Pike, Windermere Real Estate

In a business where technology can easily take center stage, LaVerne Pike, an award-winning veteran agent with Seattle’s Windermere Real Estate, stands apart by focusing on the person-to-person connection and a level of service that puts him—not the internet—at the center of the relationship. In this interview, Pike explains how his detailed knowledge of the […]

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Thomas Gallagher: A Real Estate Powerhouse With a Family Feel

Thomas Gallagher began in the real estate business in 1986 and two years later partnered with Mike Litzner to open CENTURY 21 American Homes, which will celebrate its 30-year anniversary this coming April. CENTURY 21 American Homes is unique, Gallagher says, in that while it is a larger than average firm, with a footprint that […]

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Appraisals Come Up Slightly Short

Appraisals came up slightly short of owner opinions in November, 0.67 percent lower than expected, according to the latest Quicken Loans National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.24 percent year-over-year. “It’s encouraging to see opinions from homeowners and appraisers more aligned on […]

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