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Real Estate News Archive
Buoyed by rising home prices throughout much of the nation, both single-family and multifamily housing starts are expected to post double-digit gains over last year in 2013. However, headwinds continue to hold back even stronger growth as the housing recovery evolves, according to economists at NAHB’s Spring 2013 Construction Forecast Conference Webinar.
“The broadening housing expansion is evidenced by the NAHB/First American Improving Markets Index, which now lists 273 metro areas out of a universe of 361, or three-quarters of the metropolitan areas in the U.S.,” says NAHB Chief Economist David Crowe.
REALTORS® will gather together in Washington, D.C., May 13-18, at the REALTORS® Midyear Legislative Meetings & Trade Expo to address critical housing issues with their members of Congress. More than 9,000 participants
As consumers continue to become increasingly savvy and demand more from real estate professionals, the need for a reliable real estate rating system is more important than ever before. While the World Wide Web offers no shortage when it comes to ratings and reviews of the real estate industry and the professionals who work on behalf of their clients, much of the information is undependable, at best. However, the National Association of REALTORS® (NAR) is hoping to change all that with the introduction of the REALTOR® Excellence Program.
Funded by the Center for Specialized
To meet the nation’s growing need for affordable rental housing and homeownership opportunities, the National Association of Home Builders (NAHB) recently called on Congress to maintain its support for vital housing tax incentives, including the Low Income Housing Tax Credit, the mortgage interest deduction and real estate tax deductions.
“Home building is an industry dominated by small businesses, so the idea of simplifying the complicated tax rules related to business has great appeal. At the same time, our industry remembers painful lessons from the 1986 Tax Reform Act, when the commercial and multifamily sectors experienced a downturn due to unintended consequences,” said Robert Dietz, an economist and assistant vice president for NAHB, in testimony during a House Ways and Means Committee hearing on tax reform and residential real estate.
Attention from foreign consumers searching U.S. properties increased for Miami in March, according to the 26,000-member MIAMI Association of REALTORS® (MIAMI).
Kathleen Cunningham, a corporate leader, with more than 30 years of top level executive experience at several successful enterprises, is the newest member of the RE/MAX, LLC
Board of Managers. Effective immediately, Cunningham joins the existing 12 member Board. ...
Prudential California Realty hosted its Re-Opening Kickoff for its home in Moreno Valley on Thursday, April 4. The celebration included a ribbon cutting ceremony with Prudential Owners Rich Cosner and Annette Scherrer-Cosner, Moreno Valley Sales Manager Sandy Johnson and Moreno Valley Mayor Tom Owings. ...
In traditional housing recoveries, individuals and households provide the bulk of the demand the market needs to rebound. This time, though, a different kind of buyer has been powering the housing recovery: investors looking for valuable rental property.
Along with individual investors, institutional investors have poured into the single-family home market, buying enough foreclosed and unsold homes to reduce inventories, drive up prices and encourage new construction. All-cash home purchases – many of which are made by investors – made up about 32.0% of sales nationally in March 2013, a stark rise from about 20.0% in 2009, according to the National Association of REALTORS®.
In early February, Better Homes and Gardens® Real Estate held its second brand conference in Las Vegas, Nev., which was designed to stay true to their marketing and business platform to help its network of brokers and agents “Be Better.” Mark Woodroof, partner at Better Homes and Gardens Real Estate ...
Centralized Showing Service, Inc. (CSS), the nation’s leader in real estate showing services, has announced that Keller Williams Realty Lake Charles, LA has chosen CSS as their exclusive showing appointment service provider. Broker Nancy Marcotte and team leader Dean David were instrumental in bringing CSS to the Lake Charles, LA ...
Have you ever had a sale that didn’t close and you weren’t sure why? Chances are you lost the sale because you didn’t establish sufficient trust and rapport with your prospect. Once you have developed trust and rapport, you’ve actually got the hard part behind you and you’re probably going to make a sale!
The top two business issues on the minds of leading real estate executives are thoroughly explored by prominent industry experts in a new 12-page special supplement on "Recruiting and Technology" commissioned by technology firm Imprev for the latest issue of RISMedia’s Real Estate magazine. ...
Pending home sales increased in March and remain above year-ago levels, but contract activity in recent months shows only modest movement, according to the National Association of REALTORS®. ...
CoreLogic®, a leading residential property information, analytics and services provider, announced the acquisition of Case-Shiller® from Fiserv, Inc. in conjunction with first quarter 2013 CoreLogic earnings results on April 24, 2013. The acquisition closed on March 20, 2013. ...
Regional Spotlight—The Mainstreet Organization of REALTORS® (MORe) recently announced a new program that will provide consumers in the Chicago suburbs with a comprehensive system for rating REALTORS®. MORe is the largest local association in the nation and the first in the Midwest to offer such a service. ...