Disruptor Roundup: Tech- and Agent-Centric Brand Bolsters the Real Brokerage Inc.
For emerging brokerages carving out their niche in the market, recruitment and retention of top talent have become essential to their trajectory. From better pay to an array of tech resources, newer companies are doing anything they can to appeal to agents. For Real Brokerage Inc. (Real), that has meant offering “low splits, revenue sharing, […]
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NAR Unveils Top 10 Commercial Office Markets
The commercial real estate sector is on the path of robust recovery, according to new data from the National Association of REALTORS® (NAR) that analyzed 390 commercial markets, finding positive net absorption and strengthening rents across the multifamily, industrial and retail property markets as economic production rebounds to pre-pandemic levels. While the apartment and industrial […]
Case-Shiller: Home Prices Gains Don’t Let Up in July
The increase in single-family home price tags showed no signs of slowing in July as the most recent S&P CoreLogic/Case-Shiller Indices showed another record surge. For the fourth consecutive month, home prices surged with a 19.7% climb in July—up from 18.7% in June. Experts note that July’s numbers marked another three-decade record in price growth […]
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FHA Expands COVID-19 Forbearance Options
The Federal Housing Administration (FHA) announced new and extended COVID-19 relief options for borrowers recently or newly struggling to make their mortgage payments because of the pandemic and for senior homeowners with Home Equity Conversion Mortgages (HECMs) who need assistance to remain in their homes. These measures respond to the continued impacts of the pandemic and are […]
FHFA: Home Prices Up in July
Across the U.S., home prices increased in July by 1.4% compared to June. The latest Federal Housing Finance Agency Housing Price Index (FHFA HPI®) also reports that house prices have risen 19.2% YoY. Census divisions breakdown: West North Central: +0.8% South Atlantic: +1.9% West North Central: +15.6% Mountain: +25.6% “Record appreciation rates for the U.S. […]
September Luxury Home Marketing Report: Future Trends Homeowners and Investors Should Consider
Over the last few months, the luxury real estate market has experienced the return of a more normal pace of doing business for those looking to buy and sell their homes. Initial trends also indicate a moderation in the levels of sales and price increases, according to the latest report from The Institute for Luxury […]
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Elm Street Technology Acquires OutboundEngine
Elm Street Technology recently announced the acquisition of OutboundEngine, a marketing automation software company based in Austin, Texas. The acquisition of OutboundEngine complements and expands Elm Street’s Elevate platform, which provides an end-to-end suite of real estate technology and marketing services. “Elm Street Technology and OutboundEngine share a similar vision and culture, which we are […]
John L. Scott Celebrates 90 Years Through $90,000 Donation for Diverse Teacher Candidates
John L. Scott, a full-service residential real estate company serving the Western U.S., celebrates 90 years of business. What began in 1931 with a young, Scottish immigrant named John L. Scott setting up a shop in the burgeoning city of Seattle has since evolved into over 100 offices with more than 3,000 agents throughout Washington, […]
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ADUs Are Blowing Up, But Does It Matter?
What are ADUs? Some call them “granny flats.” Others call them “she-sheds” or “in-law suites.” Recently, “tiny house” became a trendy topic among certain builders. Nearly all of these—regardless of terminology or function—will fall under the category of “accessory dwelling unit,” or ADU. Amid a nationwide housing crunch, this alternate model of living, investment and […]
HUD Funding to Help Prevent Veteran Homelessness for 28 Native American Tribes
The U.S. Department of Housing and Urban Development (HUD), in collaboration with the U.S. Department of Veterans Affairs (VA), has awarded $4.4 million in Tribal HUD-Veterans Affairs Supportive Housing (Tribal HUD-VASH) grants to 28 Tribes and Tribally Designated Housing Entities (TDHEs). This includes $1.0 million in expansion grants that will help house approximately 95 additional […]
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