10 Hot Spots for Global Homebuyers
Zillow program aims to improve accuracy of listings

Zillow program aims to improve accuracy of listings

Popular real estate search and valuation portal Zillow is launching a program designed to improve listing data accuracy on its site through what it says will be mutually... Read story »
6 tools for recruiting Gen Y agents

6 tools for recruiting Gen Y agents

When real estate professionals think about demographics, they're often focused on the impact that aging baby boomers will have on housing markets as they retire.The "baby... Read story »
Mega-brokers take smaller slice of real estate pie

Mega-brokers take smaller slice of real estate pie

The 500 largest real estate brokerages in the country posted gains in both closed transaction sides and sales volume in 2011 compared to 2010, according to rankings from real... Read story »
Prudential California Realty accepting bids online

Prudential California Realty accepting bids online

Prudential California Realty says it's the first brokerage in Northern California to allow prospective homebuyers to submit offers online on any for-sale property featured on... Read story »
Bank of America offers relo assistance to short-sellers

Bank of America offers relo assistance to short-sellers

Bank of America says it will provide up to $30,000 in relocation assistance to delinquent borrowers who work with the bank to obtain a preapproved short-sale price before... Read story »
Your time is worth nothing until you close

Your time is worth nothing until you close

How much is your time worth? It's a common real estate industry debate between brokers and agents and daily water-cooler fodder. Agents are forever doing the math --... Read story »
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Top 10 markets for rising list prices

The spring homebuying season continues its brush with optimism with median list prices of homes for sale nationwide up 5.56 percent over the last year, according to Realtor.com data updated through March 2012. The jump to $189,900 brings the national median list price close to what it was two years ago.

Continuing a distressed-market turnaround trend, the Phoenix-Mesa, Ariz., metro took the No. 1 position on the...  more...



Top 10 metros with greatest drop in for-sale inventory

U.S. housing market trends tracked by Realtor.com show a trifecta of promise: a shrinking number of homes on the market, fresher inventory, and an increase in median list price.

In 146 metros tracked by Realtor.com, the number of for-sale listings was down 21 percent in March compared to a year ago. All but two markets -- Philadelphia and Hartford, Conn. -- saw listing inventory decline, and 78 markets registered declines of 20 percent or more.

...  more...



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InmanNext

How to NOT be at the Bottom of the Food Chain

“There are three kinds of lies: lies, damned lies, and statistics” –attributed to the 19th-century British Prime Minister Benjamin Disraeli.

From the results of a NAR members survey: “For all Realtors in 2010, the typical brokerage specialist completed eight transaction sides or commercial deals. Eight percent did not complete a single transaction in 2010, down from 12 percent in both 2009 and 2008. Median gross income among sales agents was a mere $24,900.” However, this report...  more...



On Dependence

Part 2: Smarter Homes

Why ‘The Internet of Things’ Begins at Home

“Humans are inherently inefficient creatures. We leave lights on needlessly, keep the home thermostat cranked up with the windows open, and forget to turn off our televisions when we leave the house. And despite the advances in computing power over the past few decades, our buildings aren’t doing anything to make up for our inefficiencies. ‘Most buildings are dumb,’ says EnOcean Chairman Graham Martin...  more...



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Opinions

Appraisals are lagging behind the market

We agree with all that is being said regarding the changing markets -- lower inventories, closer-to-list-price negotiations, and the potential for rising prices. But the issue we now encounter are the appraisals are lagging behind the market; therefore, they do not match the current market values or the sold price.

Challenges of the appraisals are met with disdain and then disapproval.

...  more...



Drop in foreclosures doesn't mean recovery is here

Re: 'Foreclosure activity hits lowest level since Q4 2007' (April 12)

Dear Editor:

As a Realtor and real estate investor, I follow the housing market very closely and read as many articles as I can. I believe there may be an oversight on reports of a housing recovery and drop in foreclosures.

...  more...



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Technology

Prudential California Realty accepting bids online

Prudential California Realty says it's the first brokerage in Northern California to allow prospective homebuyers to submit offers online on any for-sale property featured on the company's website -- even if the brokerage does not represent the listing, and even if the buyer is not represented by an agent.

San Ramon-based Prudential California Realty has partnered with RealtyBid International to provide its online "Make an Offer" process, which...  more...



Zillow program aims to improve accuracy of listings  Premium Content

Popular real estate search and valuation portal Zillow is launching a program designed to improve listing data accuracy on its site through what it says will be mutually beneficial partnerships with brokers and multiple listing services.

"Zillow is committed to partnering with MLSs and brokers to get reliable and timely information to its more than 32 million unique users each month," said Bob Bemis, Zillow's vice president of industry relations, in a statement.

...  more...



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House Profiles

'Tetris'-like glassy Seattle manse: $825K

Aptly described as "'Tetris'-inspired" by the guys at Curbed Seattle, this modernist home was built in 1985 and fronts 56 feet of private beach on Sammamish's Beaver Lake. Listed for sale by the architect and current resident Nick Fisher, the home has two bedrooms and 1.5 bathrooms and more than 1,290 square feet of interiors that look just as immaculate as you'd expect from the glassy and minimalist...  more...



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