According to an analysis recently released by Zillow, the average homeowner pocketed $38,856, or a 20.8 percent return, when selling, having had their home for 8.4 years. I find it funny that in my community that is only 4.5 years old many residents are looking for more than that only having ow
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07/05/2018
An “Amazon” connecting homeowners and institutional investors has launched, matching institutional investors with owners of single-family homes.Applying data science, the Landis platform, developed by Landis Technologies, Inc., is focused on portfolios of anywhere from 10-100 properties, and has
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07/05/2018
REALTORS® Own It Coins celebrate REALTORS® Own It Spirit -- that when we take ownership of our associations, change happens, and when we each bring our unique gifts and insights to the table, our organization evolves. The Coins were first unveiled at the 2018 NAR Leadership Summit and the Com
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07/04/2018
Firecrackers are one of China’s oldest legacies. With roots tracing back to the Han Dynasty, firecrackers have remained a long-held tradition for thousands of years. These popping, bursting spectacles are an integral component of many Chinese holidays and celebrations, and with Chinese New Year f
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07/04/2018
The Fourth of July – also known as Independence Day or July 4th – has been a federal holiday in the United States since 1941, but the tradition of Independence Day celebrations goes back to the 18th century and the American Revolution. On July 2nd, 1776, the Continental Congress voted in favor o
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07/04/2018
The average homeowner is forking over 17.1 percent of their income for their mortgage, an allocation that has grown from 15.9 percent in 2017, according to a recent report by Zillow. The increase is the second-most significant since the recession. Why the jump?“For the past few years, historicall
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07/03/2018
According to data compiled by Joint Center for Housing Studies of Harvard University, the amount spent on remodeling and home improvements is expected to see healthy growth by 2025.While in 2015, the home improvement market reached $340 billion, the market is expected to increase 2 percent annual
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07/02/2018
The following information is provided by the Center for REALTOR® Development (CRD).As electronic forms and signatures begin to dominate the transaction landscape, these platforms will continue to evolve. Currently, companies like zipForm, DocuSign, and DocuSign Transaction Roomsare working on int
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07/02/2018
For the fourth time in five weeks, mortgage rates have settled, with the average 30-year, fixed mortgage at 4.55 percent, a decline from 4.57 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®).The average 15-year, fixed mortgage was at a 4.04 percent rate,
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07/02/2018
The search for the next CEO to head the National Association of REALTORS® (NAR) was an intense process. When it came down to the final few candidates, Bob Goldberg knew he had his work cut out for him, having served with NAR for 22 years. Goldberg also knew he was the change agent needed, and was
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07/02/2018
