2018 Could be the Worst Year Yet for Housing Affordability
Thanks to rising home prices, rising interest rates, and rising demand for housing, housing affordability is likely to plummet over the course of 2018. Housing affordability, which is defined as the...
View ArticleRenters Warehouse CEO Announced As New Think Realty Coach
Kevin Ortner, CEO of Renters Warehouse, has been named Think Realty’s newest investing coach! His first two courses, Buy & Hold Strategies and Building your Rent Estate Portfolio, will focus on...
View ArticleU.S. and U.K. Warn Private Homeowners About Russian Cyberattacks on Smart...
The United States and Great Britain have issued a new type of national alert: a warning about cyber attacks on individuals and private property. The two countries issued a joint alert this week...
View ArticleFear of Missing Out (FOMO) May Drive Millennial Home Sales
If your friends have recently purchased a home, then the odds are good you might start thinking about doing the same. If they’re posting about it on social media, however, you’re probably going to take...
View Article3 Listing Descriptions that Netted Sellers Double-Digit Advantages in 2017
Every homebuyer has a “wish list” for their future home, but certain items on that list could add nearly 30 percent to your sales price. According to a new report from Zillow, certain listing terms...
View ArticleForeclosure Rates Rising in Texas and Florida as Disaster Moratoria End
March 2018 foreclosure numbers were up 11.56 percent, or by 52,100 foreclosure starts, nationally over February 2018 according to a Black Knight report. Of that increase, Florida and Texas foreclosures...
View ArticleAuction.com Partners With Think Realty Radio
Think Realty Radio has secured a partnership agreement with Auction.com, the nation’s leading online real estate marketplace focused exclusively on the sale of residential bank-owned and foreclosure...
View ArticleHomebuyers Making Offers Sight-Unseen in Traditionally Affordable Markets
Homebuyers are getting desperate for deals – any deals at all – and it is creating a buying frenzy the likes of which has not been seen in many markets in more than a decade, if ever. According to...
View ArticleRetail Vacancy Rates Close in on Record Highs
For the past 10 years, CoStar Group, a commercial real estate services firm, has been tracking how much retail space closes each year. Retail properties are used to sell consumer goods and services,...
View ArticleHousing Demand Falls 6.5 Percent Thanks to Late Winter Blues
Fewer home sellers requested home tours and wrote offers last month than they, did in the middle of winter, an unusual break in the traditional spring housing “heat” most real estate professionals have...
View ArticleTumbleweed Buries Southern California Homes
We’ve all heard about the hazards and inconveniences associated with environmental factors like snow, water, and wind, but you might not be quite so familiar with the perils of tumbleweeds. These spiky...
View ArticleMandarin-Speaking Robots to Partner with Chinese Real Estate Website
If you always wanted to work with Chinese real estate investors but had no idea how you would start the conversation, Singou Technology of Macau (STM) and Chinese international real estate website...
View ArticleFreddie Mac to Expand 3% Down Loans for New Homebuyers
Freddie Mac is going into competition with the Federal Housing Administration (FHA) for low-down-payment borrowers, but that is not a bad thing for buyers or investors. Freddie Mac’s new HomeOne...
View ArticleTop 3 Markets for Millennial Homebuyers
Millennial buyers accounted for more than a third of all home purchases in 2017, but the most competitive housing markets in the country do not have much room for them. According to the National...
View ArticleWestern and Southern States Lead Job Growth So Far This Year
According to the U.S. Bureau of Labor Statistics (BLS), employment numbers are rising in just about every area of the country. However, the Midwest and Northeast showed far less job growth than the...
View ArticleNorthern Nevada Housing Set Records in April
According to data released by the Reno-Sparks Association of Realtors (RSAR) about March 2018, the local housing market shattered records set before the Great Depression for median home prices for...
View ArticleFirst-Time and Lower-Income Homebuyers to Struggle in 2018
With home values rising, inventory shrinking, and a buying population spurred on by rising interest rates, more and more housing markets are skyrocketing in value. Zillow recently warned that home...
View ArticleAmazon Halts Development in Seattle Over New Tax Plan, Disputes Blame for...
The Seattle City Council is considering a new tax law that will charge large employers about $500 per employee and dedication three-quarters of the resulting tax revenue toward building just under...
View ArticleDocuSign Value Soars After Initial Public Offering
E-signature company DocuSign, which led the charge into digital real estate closings, went public last week. All signs indicate that the company will continue to gain value as more and more real estate...
View ArticleD.C. Congressmen Sleeping on Cots, Can’t Afford Housing
According to a report from the New York Post, some lawmakers are sleeping on cots in their offices in order to save money on renting a D.C. apartment during the times of the year Congress is in...
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