CDC guidelines may pave the way for open houses, more normalcy
The COVID-19 crisis isn't over, but new guidance gives people significantly more freedom to gather without the encumbrances of the pandemic. That could prove liberating for real estate agents
by Jim Dalrymple II Mar 8
Manhattan landlords warehouse rentals amid slowdown
Critics say the practice by landlords to remove unrented apartments from the market as a cost-saving measure only amplifies the city's housing shortage and is 'unconscionable'
Commercial property giant Jones Lang LaSalle takes on rental market
JLL has forged an agreement with rental property management company Roofstock, which stands to give the fintech startup significant stature in the rental home investment market
Refinance loans spur 14-year high in lending activity
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000
Federal judge in Texas rules eviction moratorium unconstitutional
US District Judge John Barker argued that Congress lacked the authority to give the CDC power to halt evictions, and that the moratorium threatened to impinge upon landlords' rights under state law. The DOJ filed a notice on Saturday to appeal the ruling
The digital transaction is great — but mortgage tech still needs work
It's easier than ever to complete a transaction without ever meeting in-person, but the mortgage lending process is one pain point in which multiple agents have aired grievances
Airbnb reports $4.6B loss in first earnings report since going public
Despite a stunning public debut in December that clocked the company's valuation at over $100B, the short-term rental company's total revenue was down 30% from the year previous
by Lillian Dickerson Feb 26
Global population of ultra-wealthy increased 2.4% in pandemic year
The annual Wealth Report, which will be jointly released by Douglas Elliman and Knight Frank in March, also projects prices could increase up to 7% in key luxury markets in 2021
by Lillian Dickerson Feb 26
A bad buying experience launched this RE/MAX agent's career
Not having the best agent experience when he bought his first home 'lit the fire underneath' Jared Housier and inspired him to make the process better for other buyers
by Lillian Dickerson Feb 15
MoxiWorks: Home sales will increase 13% YOY in February, 15% in March
The real estate tech platform and marketing agency estimates home sales will top 385K sales in February and 483K in March, based on its Home Sales Predictor
by Lillian Dickerson Feb 12
$1M home searches hit record high in January: Redfin
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
by Lillian Dickerson Feb 10
Engel & Völkers Americas had its best year ever in 2020
The global brokerage posted $32B in transaction volume last year, with the Americas market increasing production by 38.4%
5 things to watch as Coldwell Banker navigates 2021
Growth, diversity and differentiation will be among the issues to keep an eye on as one of real estate's most venerable brands navigates uncharted waters
by Jim Dalrymple II Feb 9
How property management firms can avoid staff turnover
The multifamily housing industry has long faced a high turnover rate, but ramping up online trainings and recognizing employee achievements could significantly help, according to a recent survey
Real estate mogul Grant Cardone to team up with eXp Realty
Though it remains unclear what Cardone will be doing with eXp Realty, he did recently promise to add "nitro" to the brokerage's already successful strategy
by Jim Dalrymple II Feb 8