Zillow’s 6 predictions for the 2018 housing market
Slower home price growth, continued inventory issues and evolving design trends are ahead BYMARIAN MCPHERSON If only we could stare into a crystal ball to see exactly what 2018 holds for the housing market. More inventory? Yes! Slower home price ...
A month in review: The August housing market (National)
The month was full of setbacks due to low inventory Key Takeaways by MARIAN MCPHERSON Inman Staff Writer Here's a recap of pending home sales, existing home sales, price indices and studies from NAR, S&P Dow Jones, Zillow and Trulia. Learn the New ...
Freddie and Fannie’s appraisal-free mortgages to slash closing times
Mortgage Guarantor's use of AVMs will be Boon to Buyers, Gut-punch to Appraisers When real estate broker Hank Miller explains the mortgage process to buyers, he gives it to them straight. “It’s going to be the biggest pain in the ...
Short on listings or short on value? Reframing low inventory
Compete for Listings by Improving the transaction for Home Sellers SAN FRANCISCO — We are in the midst of the worst home listings shortage in 20 years, but if you’re an agent struggling to claim what’s available, it might be ...
Boost in rental construction keeping would-be buyers at bay
The rental market is benefiting from a record year of new apartment construction While the housing market continues to deal with the inevitable strain of low inventory, the rental market is benefiting from a record year of new apartment construction ...
Expect the ‘longest economic expansion’ since WWII, says economist
Don't hold your breath for a recession anytime soon, says Cushman & Wakefield's global chief economist Key Takeaways Kevin Thorpe, global chief economist at Cushman & Wakefield, thinks there's little cause to worry about a recession in the next couple ...
Fed announces third rate hike in 7 months
Committee cites strengthening labor market and declining inflation As anticipated, today the Federal Reserve implemented a quarter-point federal funds rate hike, increasing its benchmark target to between 1 percent and 1.25 percent “in view of realized and expected labor market ...
NAR bets on Upstream with additional $9M in funding
Data management company expected to repay funds upon hitting profitability WASHINGTON — The board of directors of the National Association of Realtors (NAR) last week approved an additional $9 million in funding for broker data management platform Upstream. The company behind ...
Is Trump’s tax plan good for homeowners? Nope, says NAR
The country's largest trade association released a statement that said the tax plan would hurt homeownership Key Takeaways "By doubling the standard deduction and repealing the state and local tax deduction the plan would effectively nullify the current tax benefits ...
3 Last Minute Real Estate Tax Tps from Top Agents
It's not too late to save thousands on your taxes this year Key Takeaways Form an LLC and file as an S Corp. Create a SEP (simplified employee pension). Work with a great accountant. This year, taxes for individual agents ...