National News

February produces surge in home sales and prices

Across-the-board rises in new home sales, average sales price and inventory were reported in February, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Home sales in February totaled

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Build more homes to combat rising inflation, housing prices, economist says

The historic, nationwide housing inventory shortage could be cured by more new-home construction, real estate economist Lawrence Yun said, but barriers exist before construction can ramp up. Raising interest rates could dampen homebuying activity, with 53 percent of prospective

Appraisers cite lack of pay, glut of regulations as reasons for leaving

  Faced with dwindling numbers of appraisers nationwide, the home evaluation industry is speaking out against regulations and industry practices they say are hurting them during a boom time in housing sales. A shortage in appraisers is accepted as fact by

Russians buy $98 million in Trump’s Miami-area properties: report

  South Florida’s luxury home market is inundated with international buyers, but there’s one group of foreign buyers whose activity in the market is drawing scrutiny. At least 63 Russian nationals have bought $98.4 million worth of property in

More young unmarried couples buying homes together

Millennials value individuality and often defy tradition. But according to a recent analysis from Zillow, the full picture of the American dream has not been lost on Millennials – owning a home still remains one of the largest milestones in adulthood, though

Despite market uncertainty (or perhaps in spite of it) more people want to buy homes, study finds

Every year, Redfin polls recent and prospective homebuyers in an attempt to gauge how people’s views of the housing market have changed, or remained the same, from one year to the next. But this year is different. This year

Report: Most Millennials want a bigger home

Americans live much larger than they did 30 years ago, despite families being slightly smaller. But that doesn’t mean Americans want bigger homes. As a recent Trulia study showed, homeowners suffer from widespread “grass-is-always-greener” syndrome, in which small home

4 Real Estate Tech Startups Agents Need to Watch

Within the family of sites like Zillow and Redfin, there have been a plethora of tech startups emerging from the woodwork over the past couple of years in endless pursuit of streamlining the home buying and selling process. Here are a

Every president’s starting median home price

The median home price nationwide when President Donald Trump took office was $234,900, according to the National Association of Realtors. Apart from Trump, there have been eight presidents to hold office since NAR started compiling comprehensive home sales data

NAR: South sees bump in existing-home sales in January

  The South saw a slight jump in existing-home sales in January, according to the National Association of Realtors. And so did most everywhere else. “Much of the country saw robust sales activity last month as strong hiring and

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13 things NAR wants in a new CEO

By now about every Realtor knows that the National Association of Realtors is looking for a new chief executive. But in order to know what to look for, a team from Heidrick & Struggles, the search firm hired by

Survey: Agents and lenders need to better educate borrowers on closing costs

When the TILA-RESPA Integrated Disclosure (TRID) rule was passed in Oct. 2015, it was billed as a simplifying of the mortgage process – at least as far as borrowers were concerned – and an effort to increase transparency, particularly as

Report: “The World’s Most Admired” homebuilders

Toll Brothers is “The World’s Most Admired” homebuilder, according to Fortune. Miami-based builder Lennar is No. 2. Of the five homebuilders named by Fortune, the Pennsylvania-based builder, which operates in markets across the country, came in on top. Fortune

7 reasons agents should consider virtual staging

We hear it all the time from our clients: “Vacant homes don’t sell.” As a professional photography studio specializing in real estate, we also know they don’t photograph well, which means fewer viewings online and in-person. Fortunately, Realtors have

Keller Williams Realty Branches Abroad to Jamaica and Puerto Rico

  After having found continued success in other international locations, Keller Williams Realty is again stretching its limbs – this time acquiring Meldam Realty in Jamaica and Grand Homes Real Estate in Puerto Rico. Significant growth has been seen in other international Keller Williams’

Four trends Gary Keller says may change real estate

Keller Williams Founder Gary Keller spoke via an invitation-only live stream this week on the nation’s real estate market, commenting on the state of today’s market, and speculating on the fate of tomorrow’s. One of the most pressing topics

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