Launch failure image via Shutterstock. Failure to launch: Fannie and Freddie lower housing expectations

Real estate’s spring buying season fails to launch

Mortgage giants Fannie Mae and Freddie Mac have lowered their forecasts for home sales this year, citing low inventory and the affordability crunch that shortage of homes has spurred. After relatively weak home sales in the first two months of ......
By Inman News | 19 hours ago
Real estate data image via Shutterstock. The transparency trap: real estate data is driving us apart

Neighborhood information like sex offender, school and crime data will fuel residential segregation

John Walko, a father of two who recently moved from Scranton, Pa., to a single-family rental in Charlotte, N.C., began his home search by filtering listings online based on location, price and photos -- the fun stuff. But as he continued to browse si...
By Teke Wiggin | Wednesday, April 23, 2014
Lee_Abby_icny2014 Brand or boutique? Agents will base decision on systems and services offered

Brand or boutique? Agents will base decision on systems and services offered

Whether you’re a boutique brokerage operating out of a virtual office or providing services to agents at a traditional brick-and-mortar location, agents will decide whether they want to work for you based on the systems and services you have in...
By Inman News | Wednesday, April 23, 2014
Taxis image via Shutterstock. Real estate disruption may not be what you think it is

Real estate disruption may not be what you think it is

When I was a journalist in the 1980s and 1990s, I penned 1,500 bylined articles that appeared in metro newspapers around the country. Last year, I resolved to use my old dry clippings to start fires in my wood-burning stove. ......
By Brad Inman | Wednesday, April 23, 2014
Investigating a complaint image via Shutterstock. New government agency is actually doing something about mortgage complaints

Consumer Financial Protection Bureau taking mortgage complaints seriously

A Realtor friend of mine recently asked me about the Consumer Financial Protection Bureau: “Do they really do anything when somebody submits a complaint about their mortgage company? Can I tell clients that it’s not a waste of time to ......
By Ken Harney | Tuesday, April 22, 2014
Weakening housing activity image via Shutterstock. Existing-home sales remain flat

Existing-home sales remain flat

Sales of existing homes in March underperformed by historical standards, with purchases remaining mostly flat, the National Association of Realtors reported today. Existing-home sales slid 0.2 percent from February to March, to a seasonally adjust...
By Teke Wiggin | Tuesday, April 22, 2014
Growth in real estate image via Shutterstock. 20 percent of markets on track to be more expensive than ever within a year

Home values in 20 percent of US housing markets headed for record highs within a year

Home values in almost 20 percent of all U.S. metros will surpass their housing boom peaks over the next year, and affordability problems that have begun to affect a fraction of markets may spread to others over the next few ......
By Teke Wiggin | Tuesday, April 22, 2014
Screen shot of the Placester-powered home page of a local publisher's real estate site. Placester will expand business model with $5.5M in funding

Placester will expand business model with $5.5M in funding

Armed with a new round of $5.5 million in Series A funding, real estate website developer Placester will begin powering real estate sites for local publishers — starting with those owned by the media giant Hearst Corporation. The funding, led ...
By Paul Hagey | Tuesday, April 22, 2014
Mark Kelly and Gabrielle Giffords in a 2013 video  calling for stricter background checks for gun licenses. Gun control advocate Mark Kelly to keynote NAR convention

Gabrielle Giffords’ husband, gun control advocate Mark Kelly, to keynote NAR convention

Mark Kelly — a retired astronaut turned gun control advocate after his wife, former Arizona congresswoman Gabrielle Giffords, was nearly killed in a 2011 mass shooting — will deliver the keynote address at the National Association of Real...
By Inman News | Tuesday, April 22, 2014
Screen shot of a sample ListingVideo.com video. VScreen launches automated listing video platform for brokers

VScreen launches automated listing video platform for brokers

Brokers looking to create videos for their listings have a new tool that will do it automatically — in real time. ListingVideos.com from VScreen pulls listing data like photos and home stats from a broker’s multiple listing service data f...
By Paul Hagey | Tuesday, April 22, 2014
huffington_arianna_ICNY2014_leadership What we are lacking right now is not intelligence, but wisdom

What we are lacking right now is not intelligence, but wisdom

“When you look around the world right now, you see an amazing number of leaders, with very high IQs, making terrible decisions,” says Huffington Post Media Group Chairwoman, President and Editor-in-Chief Arianna Huffington. “The pr...
By Inman News | Tuesday, April 22, 2014
Cyberthreats image via Shutterstock. How to be ready for the next Heartbleed bug

Are you ready for the next Heartbleed bug?

The recent of announcement of the Heartbleed bug caused mass confusion and panic across the Web. Although there are still some websites that are vulnerable to the exploit, the majority of the Web’s most popular sites have been patched. Encryption ...
By Tom Flanagan | Tuesday, April 22, 2014
Web traffic image via Shutterstock. Impact of joint NAR-realtor.com national marketing campaign 'underappreciated'

Potential impacts of joint NAR-realtor.com national marketing campaign ‘underappreciated’

A joint marketing campaign from the National Association of Realtors and Move Inc.-operated realtor.com is expected to boost traffic and awareness of the site — a potential boon to agents and brokers whose listings appear on realtor.com or who ...
By Inman News | Monday, April 21, 2014
Tech-enabled agent image via Shutterstock. Internet hasn't changed what defines a great Realtor

Zillow, Trulia and realtor.com haven’t changed what defines a great Realtor

The Internet has not changed what defines a great Realtor. If anything, what the Internet has really done is time-shift the point at which a great agent gets called upon to display their real value. ......
By Jeff Turner | Monday, April 21, 2014