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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Financial Wellness Starts Now!
NAR PULSE—The National Association of REALTORS® proudly introduces the Center for REALTOR® Financial Wellness, a new online resource designed specifically to help all REALTORS®—no matter age, industry experience or amount of wealth—navigate financial planning and prepare for retirement. Encourage your agents to log in to www.FinancialWellness.realtor and start navigating their financial security—one goal at a […]
Making Brokers the Center of the Universe
The approach that’s made MoxiWorks a star What was born and bred within a forward-thinking brokerage now stands as one of the most well-entrenched technology players in the residential real estate industry. Since its launch as an independent entity in 2012, MoxiWorks has gone from serving its parent, Windermere Real Estate, and its 6,000 agents, […]
Luxury Market on Record Streak
The luxury market is on a record streak, with double-digit growth in 19 of the largest markets in the nation, according to the July Luxury Home Index by realtor.com®. High-end homes are moving rapidly, with age of inventory at 108 days—11 days faster than in July 2017—and $1 million-plus properties on the rise. “The strong […]
Greece: A Life of Luxury
Based in Athens, Greece, JK Property & Yachting has been at the heart of the capital city’s real estate market for 14 years. With Owner/CEO Jeronymo Kontonis at the helm, JK Property & Yachting has continued to grow and evolve alongside the real estate industry by establishing a wider global network of services and connections […]
Homeowner Households Outpaced by Renters: Zillow
From the crest prior to the recession up through 2016, the country’s largest markets now have more renters, according to an analysis recently released by Zillow. In 2000, the rate of renters was 33 percent; from 2006 to 2016, the rate rose from 31 percent to 36 percent. More than half of the 50 largest […]
Borrower Beware: Soon It Will Be Tough to Unload College Loans
(TNS)—Here’s a good reason to think twice about taking out piles of student loans after watching a catchy TV ad for a for-profit college. The U.S. Department of Education is on a path to make it far tougher to get federal college loans forgiven using the argument that the school cheated you out of a […]
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Supreme Court Ruling in Wayfair Case a Win for Real Estate and States
On June 21, the Supreme Court issued its holding on South Dakota v. Wayfair, Inc., reversing a long-standing rule on online sales tax collection in a decision that’s a win for real estate, brick-and-mortar retailers and the states. The case dealt with whether states can require out-of-state online retailers to charge and remit sales tax […]
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Confidence in Housing Teeters
After a positive start to the summer, the confidence consumers have in housing is teetering, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI) for July. At 86.5, the Index sunk 4.2 percentage points month-over-month, and 0.3 percentage points year-over-year. Twenty-four percent of homebuyers were optimistic about purchasing—a four-percentage point dip from June—and 41 […]
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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