Industry News

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Daily market update: May 4, 2016

Mortgage rates plus all the latest real estate market news ...

Luxury listing: Moana Residence on Kailua-Kona

This residence in the Kohanaiki resort is an island-lover's dream -- five bedrooms and almost 7,000 square feet on almost an acre of land. It's listed for $22.5 million ...

America’s most walkable cities already stand on their own two feet

Walk Score, a company operated by Redfin, has determined that New York City is most walkable city in America. San Francisco is named as the second most walkable city, followed by Boston. Walk Score only ranked cities in America with populations exceeding 300, ...

Zillow’s focus on ‘super agents’ growing company revenue

A budget in the red and ongoing legal battle didn't seem to outshine the onslaught of shiny new products and advertising efforts that defined Zillow Group's entrance into the year of 2016. The message CEO Spencer Rascoff and CFO Kathleen Philips gave during the company's earnings report was one of confidence and in line with their vision for a long-haul trajectory -- massive waves of traffic and market growth that more than make-up for hiccups along the way ...

Who’s the new Upstream CEO?

Well, the mystery is over. Thanks to a reliable tipster, I learned that Alex Lange will be named CEO of Upstream ...

Ben Caballero becomes first Realtor to exceed $1B in yearly personal transaction volume

What does it take to eclipse more than $1 billion in home sales within a year as an individual agent -- and make history? For Ben Caballero, who has been ranked as the country's No. 1 Realtor in number of transactions and cumulative transaction volume since 2013, it takes selling 2,491 homes in 12 months, an average of 47 per week (that's more than one every business hour) and a self-invented Internet tech platform ...

NAR survey: Active military homebuyers purchase at younger ages

There have been a slew of reports that outline the struggles millennials face as they attempt to step into the world of homeownership. Some choose to become renters while others move back in with their parents in order to maintain a level of financial stability. But according to a new study by the National Association of Realtors (NAR), there is one demographic of millennials that are bucking the trend -- active military members ...

CoreLogic: ‘Housing helped keep US economic growth afloat’ in Q1

Home prices, including distressed sales, increased 2.1 percent month-over-month and 6.7 percent year-over-year, according to CoreLogic's March U.S. Home Price Insights Report ...

Realync, live-video home tour app, enables 75% closing rate, national rental landlord says

Think live video tours are overrated? Perhaps you should revisit that view, at least if you work in the rental market. Matt Mehon, a leasing manager at national property management and investment firm Waterton said in a statement that the company's "closing percentage" is 75 percent when using Realync with prospects ...

Selling while shy — good idea or bad idea?

Can an introvert be good at real estate sales? We've asked this question before -- a new infographic examines how introverts might be well-suited to a career selling homes (among other things) and lists real estate as a potential occupation for introverts who want to make that leap ...

Houston no longer among nation’s top-growing metros

Recent data and reports from the Texas Office of the State Demographer and the U.S. Census Bureau pointed to the Greater Houston metro as being the top area nationally for population gain and the top in Texas for domestic migration, but things have changed since the data used for the report was taken ...

CARmojis could help you text your way to a new home sale

Have you ever wanted to send a client a bottle of champagne to congratulate them on the purchase of their new home, but just can't? Well, now you can, sort of, with CARmojis ...

Luxury listing: massive Miami mansion with outdoor entertainment

This 28,000 square foot behemoth in west Miami is just as sportive as it is spacious, with a jacuzzi, pool, two cabana baths and an exercise room to break a sweat. The property also features a separate pool house with an outdoor summer kitchen ...

Donohoe Companies move to Maryland after 132 years in D.C.

After 132 years in Washington D.C, the Donohoe Companies are packing things up and heading north. But don't fret -- its new headquarters will be located just five miles away at 7101 Wisconsin Ave., a Maryland address ...

How a new agent is reclaiming lead generation

It's enough for some new agents to sink their teeth into one real estate market. Stefan Winter is no ordinary new agent. The 28-year-old, who joined Keller Williams in Las Vegas late last year, recently opened his own business under the Keller Williams umbrella there, the Winter Group. He also plans to start building another team in Chicago -- within Keller Williams Success Realty in Barrington -- in the next month ...

Podcast: Polishing your conversational competence in the digital age (part 3)

In case you missed parts one and two, today in our concluding podcast, we address the importance of brevity, how you make others feel, follow-up, staying in service and tuning into the personal details ...

Podcast: Gary Griffiths on business fads and Facebook ads

“I want to inspire entrepreneurs to do something a little more with their business than just making a profit,” Gary Griffiths said. These are the words that stuck in my mind during and after my interview with him. It caught my attention because we have the same point of view ...

5 myths about online reviews in real estate, busted

Building a strong collection of online reviews a powerful way to set yourself up for success in the long run. Here are five of the most common-but-false myths about online reviews for real estate agents, and why they're totally wrong ...

Realtors