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Appraisals Catch Up to Homeowner Opinions
8/15/2018 2:50 PM
Appraisers and homeowners are on similar wavelengths, with appraisals coming in only 0.28 percent under what homeowners expected in July, according to the Quicken Loans National Home Price Perception Index (HPPI). Appraised home values rose 4.86 percent year-over-year, according to the Quicken Loans National Home Value Index (HVI). “The st...Read More
Staying Ahead of a Shifting Technology Landscape
8/15/2018 2:46 PM
In the following interview, Dan Bowden, broker/owner of HomeSmart Realty Group in Orland Park, Ill., discusses the advantages of the brand, the local market, technology, and more. Region Served: Midwest Chicago Years in Real Estate: 18 Number of Offices: 3 Number of Agents: 200 total in Orland Park, Naperville and Chicago’s West Loop Best ...Read More
Homes by the Millions ‘Missing’ Thanks to Underbuilding
8/14/2018 3:34 PM
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 anal...Read More
Financial Wellness Starts Now!
8/14/2018 3:32 PM
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.Finan...Read More
Making Brokers the Center of the Universe
8/14/2018 3:28 PM
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 a...Read More
Luxury Market on Record Streak
8/14/2018 3:19 PM
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®. 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 […]Read More
Greece: A Life of Luxury
8/13/2018 2:41 PM
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 [...Read More
Homeowner Households Outpaced by Renters: Zillow
8/13/2018 2:36 PM
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 […] The post Read More
Borrower Beware: Soon It Will Be Tough to Unload College Loans
8/13/2018 2:33 PM
(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 […] The post Read More
Supreme Court Ruling in Wayfair Case a Win for Real Estate and States
8/12/2018 11:10 AM
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 [&...Read More

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