Women and minorities still not equal when it comes to home affordability

A new study found that, based on median incomes, single women can afford only two-thirds as much house as their male counterparts and that the highest earning ethnic group (Asians) can afford more than twice as much house as the lowest earning group (b… Continue reading

How trustworthy do your clients think you are?

A new national poll, commissioned by flat-fee brokerage Purplebricks, found that real estate agents and journalists are among the least trustworthy professions in American consumers’ minds.  Continue reading

Home price appreciation is slowing around the country

Home price appreciation is growing at its slowest rate since August 2014, according to Redfin’s latest market report. U.S. home prices grew 4.7 percent in August, year-over-year and home sales fell 2.4 percent over the same time frame. Continue reading

Existing home sales remain steady, ending four-month slump

Sales of existing homes remained steady from July to August, ending four months of decline, according to data from the National Association of Realtors. Continue reading

Rents are flat for the first time since 2012

The nationwide median rent in August remained unchanged year-over-year for the first time since 2012, according to Zillow’s latest housing data survey. The median rent is actually lower than it was in August 2017, in 19 of the nation’s 35 largest housi… Continue reading

Luxury sellers won’t budge on price? Share these facts

If a luxury home sits on the market longer than average, the result will be a lower sale price, and other costs will add up quick. Here’s how to explain the true cost to your high-end clients. Continue reading

Housing starts soar in August but permits plunge to 15-month low

Privately-owned housing starts jumped 9.2 percent month-over-month and 9.4 percent year-over-year to a seasonally adjusted annual rate of 1,282,000, according to the latest data from the U.S. Department of Housing and Urban Development and U.S. Census … Continue reading

Looking for the perfect gift? Use this survey to make sure you’re on point

How do you know if you are giving the right gift? And when should a gift be given? After a closing? For a client’s birthday? As a thank you? An analysis of 10,000 agent gifts reveals the answers to these questions and more. Continue reading

Home sales in California have fallen for 4 months straight

Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in two years sal… Continue reading

Big real estate software vendor Lone Wolf admits to vulnerability, says it’s fixed

Lone Wolf Technologies’ legacy platform loadingDOCS had a security vulnerability that could have potentially exposed stored information to hackers. The company confirmed the vulnerability did exist, but said according to an internal study, no data was … Continue reading