NAR

Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report on July housing starts: “The housing shortage in America will intensify if new construction remains as lackluster as it was in July. The softening multifamily housing starts brought down the overall new housing unit addition to the second lowest monthly activity this year.… Continue Reading Instant Reaction: July Housing Starts

Real estate professionals looking to outsell their competition are turning to 3-D and virtual reality technology to help them win listings, connect with home buyers —and close sales. Among the options is an all-in-one media solution from Matterport that enables agents and brokers to create dynamic 3-D house tours with embedded video and audio, immersive virtual reality… Continue Reading Sponsor Post and Webinar: Win Listings and Sell Them Quickly with 3-D and VR Technology

Foreign buyers, typically purchased properties that are more expensive than properties purchased by domestic buyers, according to NAR’s recently released 2017 Profile of International Activity in U.S. Residential Real Estate.[1] Among foreign buyers who purchased property in April 2016–March 2017, the median price was $302,290, which is about 30 percent more than the median[2] purchase… Continue Reading Foreign Buyers Typically Spent 30 Percent More Than Domestic Buyers

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Submitted by TopTenRealEstateDeals.com Photos Contributed by TopTenRealEstateDeals.com As President Obama’s time in office neared its last months in 2016, their future home outside the White House was a frequent guessing game in celebrity real estate media. Most of the rumors were that the Obamas were buying a new family home in Hawaii, Palm Springs, New York… Continue Reading See Inside a Listing Styled by a Former White House Decorator

Street art, costuming, icons, architecture, taxes, housing market, short-term rentals, eclipse, and loopholes. Bansky has a lot going for himself, but whomever is responsible for these is amazing! Costuming is an art, and these were sourced from a favorite Swedish flat packing furniture and textile store. Maria Korolov/flickr/2015 These iconic structures and artwork have their… Continue Reading What We’re Reading: August 7-11

Every once in a while, we like to look at what made The New York Times’ best seller list for the business category. And what do you know? When I went to check the list for this month, I found one with the real estate industry at the center, taking up the number one spot!… Continue Reading Business Book Best Sellers

Five states accounted for slightly more than half of all foreign buyers who purchased U.S. residential property in April 2016–March 2017: Florida (22 percent), Texas (12 percent), California (12 percent), New Jersey (four percent) and Arizona (four percent), according to NAR’s recently released 2017 Profile of International Activity in U.S. Residential Real Estate. Other preferred… Continue Reading Florida, Texas, and California: Top State Destinations Among Foreign Buyers in April 2016–March 2017

Lee Davenport By Lee Davenport One hundred and seventy-five houses. He showed 175 houses to only find out that the would-be buyer was not in a position to purchase for another year. My, my, my! I hope you have never shown that many houses to a looky-loo—someone who is not prepared to buy for one… Continue Reading Stop Wasting Time With the Wrong Leads

There has been an upward trend in sustainable homes, such as tiny houses, homes built with natural materials, zero energy homes, and passive homes. The way the passive house is constructed regulates the internal temperature of the house without using additional heating or air conditioning. This infographic compares a passive house vs a traditionally built… Continue Reading Passive Homes