Monthly Archives: January 2018

Exceeding Inflation, Home Prices Rising Swiftly

Homes are appreciating at a healthy pace, with November prices up 6.2 percent year-over-year, according to the S&P CoreLogic/Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, […]

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The Truth About Technology and the Role of a Real Estate Agent

NAR PULSE—In the last 15 years, the “golden age of consumerism” has ushered in unprecedented access to real estate data, yet the perceived value of working with a REALTOR® has skyrocketed. Why and how? Find out here! 2018 NAR Member Orientation Video and Materials Available Online NAR’s 2018 New Member Orientation Materials are now available […]

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Creating Personalized Service to Attract Loyal Clients

In the following interview, Jennifer Shemwell, president of Phyllis Browning Company, a member of Leading Real Estate Companies of the World® (LeadingRE) in San Antonio, Texas, discusses the brokerage’s competitive differentiation, culture and more. Region Served: San Antonio, Texas Years in Real Estate: 24 Number of Offices: 6 Number of Agents: 200 Favorite Part of […]

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Homeownership Rate Makes Marginal Progress

2017 closed with the homeownership rate improving, but at a slight standstill: 64.2 percent, according to the U.S. Census Bureau’s Quarterly Housing Vacancies and Homeownership Report. The figure is marginal progress from the third quarter of the year, when the rate registered 63.9 percent. The rate was 63.7 percent at the end of 2016. One […]

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Hot in Housing: The Bay Area Rules

The Bay Area—chiefly San Francisco, San Jose and Vallejo—is on a hot streak, with no pointers to a slowdown this year, according to data newly released from realtor.com®. In January, homes in the San Francisco-Oakland-Hayward metropolitan area lasted a median 39 days on-market; in the San Jose-Sunnyvale-Santa-Clara metro, a median 33 days; and in the […]

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Regional Spotlight: Expect Growth in Employment, Population in Florida

Florida’s economy grew in 2017, and that positive momentum should continue in 2018, according to economists and business data experts who spoke to a crowd of about 500 REALTORS® at the recent 2018 Florida Real Estate Trends event, held during the Florida Realtors® Mid-Winter Business Meetings. “For 2018, from a business point of view, Florida’s economy benefits from a growing […]

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Assessing the State of the Housing Union

In 2018, the challenge for the housing industry will be balancing bursting demand with a severe shortage of supply, according to realtor.com®’s State of the Housing Union, released in-step with the U.S. State of the Union this week. As with 2017, first-time buyers will have the hardest time, with little in their price point. “The […]

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Housing Is Recouping Value Unevenly: Report

With the downturn long past, housing has gained its lost value—$9 trillion, according to a new report by Zillow. How the recovery has shaken out, however, is telling. “A decade after the financial crisis, the scars of the housing bust are still with us,” says Aaron Terrazas, senior economist at Zillow. “The gap between the […]

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Automation and Customization: Renter Wishes

Apartment dwellers’ preferences are shifting…toward what owners want, new research shows. According to the National Multifamily Housing Council (NMHC), an apartment industry organization, convenience, personalization and smart home technology are high on renters’ wish lists. In the NMHC’s 2018 Consumer Housing Insights Survey, 92 percent of respondents believe convenience and ease are important in a […]

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