Blog Archives

Housing in 2020: Construction Costs Grow, Mortgage Rates Slow

Where will housing be in 2020? According to the latest Metrostudy predictions, if all continues on its current track, construction costs could continue to increase, and mortgage rates could reel in. While rates have increased in the last six months, impacting affordability, the rise is not significant according to historical trends, says Mark Bound, chief […]

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Is the Housing Market Normalizing? One Sign the Tide’s Turning

With demand strong and supply weak, the housing market is overwhelmingly partial to sellers. The average homeowner is profiting $40,000 at resale (with decade-high returns in 2017), and higher in the hottest markets, where they’re attracting multiple offers in record time. Now, there’s an early indicator that the market may shift. At the start of […]

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Homes by the Millions ‘Missing’ Thanks to Underbuilding

With building halted in the recession and construction at insufficient levels since, there is a 6.3 million deficit in the housing stock, according to an analysis newly released by Zillow. From 2008 on, there have been 1.9 approved building permits (single-family) per 1,000 people—but, historically, the number has been 3.9. According to the analysis, if […]

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Red Oak Realty: Putting the Client First – A Winning Strategy for This East Bay Independent

(L to R) Vanessa Bergmark, Owner & CEO; Chris Crane, Director of Operations; Melissa Bush, SVP Sales; Passion Broussard, Sales Manager For Vanessa Bergmark, growth was never about bigger, but rather, better. As the owner and CEO of the San Francisco Bay Area’s Red Oak Realty, Bergmark has led the company, which was founded in […]

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Affordability Challenges Keep Millennials on the Sidelines

Affordability is fading fast—and although millennials are eager to enter the market, and succeeding, they’re bearing the brunt of the challenge, according to recent research. Sixty-three percent of millennials under 29 are challenged by the cost of homeownership, according to a CoreLogic and RTi Research study. The expense, in fact, is their No. 1 reason […]

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Real Estate’s Forever Brand: Gaining New Insight Into Berkshire Hathaway HomeServices

Gino Blefari, President & CEO, Berkshire Hathaway HomeServices, on location at an exclusive Berkshire Hathaway HomeServices Maui Properties listing—the Kona Peninsula Residence—at Kailua-Kona, Hawaii Editor’s Note: This is the cover story in the August issue of RISMedia’s Real Estate magazine. Berkshire Hathaway HomeServices President and CEO Gino Blefari recently hosted the brand’s Top 50 brokerage […]

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EveryONE Wins: Why Realty ONE Group Believes Its Success Is Just Getting Started

Kuba Jewgieniew, Founder & CEO, Realty ONE Group Success is a familiar feeling for Kuba Jewgieniew and the team at Realty ONE Group. Since its founding in 2005, Realty ONE Group has turned heads with its rapid growth and distinctive lifestyle brand. The company has been recognized as one of the fastest-growing real estate brokerages […]

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Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year

With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent. From May to June, activity increased in all of the regions in the U.S.: 0.5 percent in the Midwest; 1.4 percent […]

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