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- Major Midwest MLS throws support behind NAR’s pocket listing policyMidwest Real Estate Data implemented its own pocket listing rule years ago, and now it supports a similar policy that would put the kibosh on off-market listings everywhere.
- 7 earned lead generation tactics for new real estate agentsWhether you’re a new real estate agent or one who needs a boost in leads, these strategies will strengthen your efforts.
- Zillow Offers launches in TampaThe real estate tech giant's homebuying and selling platform is officially live in its 21st market.
- Nearly half of homeowners are worried about climate changeYet only 18 percent are willing to pay higher insurance premiums to protect their homes, according to a new ValuePenguin survey.
- Frank Lloyd Wright’s famous Ennis House sells for $18MOne of Frank Lloyd Wright's most iconic masterpieces, the Mayan-inspired Ennis House, has sold for $18 million to an unidentified buyer.
- Agent-cutting, like TV cord-cutting, is hitting industry hardReal estate is experiencing its version of cord-cutting, as more consumers go directly to the listing agent to buy a home.
- Compass launches bridge loan programIn partnership with Better.com and Freedom Mortgage, Compass aims to help homeowners make a downpayment on a new home before they sell their old one.
- 7 common FSBO objections and how to overcome themConverting a for-sale-by-owner prospect is a delicate matter. It takes finesse to convince someone they're making the wrong decision in selling their own house. Here's how to do it.
- Millennials: Here are the dos and don’ts for getting started in real estateBeing new is something that every agent contends with. Millennial agents have the additional challenge of fighting some unfair stereotypes. Follow these steps to maximize your chances of success.
- How agents are impacted by mortgage digital disruptionMortgage providers have been gaining ground when it comes to true digital disruption of the notoriously clunky, paper-heavy process. Although there’s still plenty of work to do, the industry has made some important strides toward streamlining the process.
Zillow Blog
- Tax Reform and Housing: All Your Questions AnsweredA number of longstanding federal tax benefits of homeownership -- including the ability to deduct all local property taxes paid in a given year and a lofty $1 million cap on the size of loans eligible for mortgage interest deduction -- were changed as part of the recently passed tax legislation. While all of the […]
- Mortgage Rates Quiet Over New Year's HolidayFriday's December Jobs Report will be another opportunity for markets to assess the state of the U.S. labor market. If the data come in as expected, they should show a strong job market at the end of 2017. The post Mortgage Rates Quiet Over New Year's Holiday appeared first on Zillow Research.
- Zillow's Prediction of 2017 Homeless Numbers in Line With Actual CountsPredictions of the 2017 point-in-time counts in 17 out of 25 metro areas were within the 99 percent predicted interval. The post Zillow's Prediction of 2017 Homeless Numbers in Line With Actual Counts appeared first on Zillow Research.
- Total Value of All U.S. Homes: $31.8 Trillion. How Big Is That?It's more than 1.5 times the Gross Domestic Product of the United States and approaching three times that of China. Total U.S. home values have grown $1.95 trillion over the past year -- more than all of Canada's GDP or two companies the size of Apple. The post Total Value of All U.S. Homes: $31.8 […]
- Americans Split on Fairness of Local Property Tax RatesCurrently, Americans overall are almost evenly split on the fairness of the property tax rate in their community. Looking ahead, it's unclear how these attitudes may shift as federal tax changes set to take effect in 2018 potentially lead more to fully feel the pinch of local property tax bills. The post Americans Split on […]
- Mortgage Rates Ending 2017 Slightly Below 2016Despite three rate hikes by the Federal Reserve over the past year (four if one counts the last 13 months), the standard 30-year fixed mortgage rate ends 2017 about 20 basis points below where it stood at the end of 2016. It is difficult to imagine this continuing much into 2018. The post Mortgage Rates […]
- Case-Shiller October Results and November Forecast: Still Defying GravityThe housing market's resistance to headwinds is a testament to the enduring value Americans place on homeownership. The Case-Shiller National Index for October climbed 6.2 percent year-over-year. Seattle, Las Vegas and San Diego continued to post the strongest annual gains in its 20-City Composite Index, with increases of 12.7 percent, 10.2 percent and 8.1 percent, […]
- Rapid Reaction: November New Home Sales2017 was OK for new home sales, but there's no question it could have been a lot better and that more can and needs to be done by builders to address the ongoing inventory crunch the market has been enduring for the past several years. The post Rapid Reaction: November New Home Sales appeared first […]
- Rent Growth Catches Up to Income Gains After Slowdown (November 2017 Market Report)For the almost two years leading up to and including May 2016, rents grew faster than incomes, at times more than three times as fast. Then incomes outpaced rents for more than a year. Now rent growth is catching back up. The post Rent Growth Catches Up to Income Gains After Slowdown (November 2017 Market […]
- Housing Data 101: Why Use the Zillow Home Value Index (ZHVI) Instead of a Median Sale Price SeriesWe recommend using ZHVI to track home values over time for the simple reason that ZHVI represents the whole housing stock and not just the homes that list or sell in a given month. The post Housing Data 101: Why Use the Zillow Home Value Index (ZHVI) Instead of a Median Sale Price Series appeared […]
Recent Blog Entries
- New Appraisal Exemption Rule In Effect October 10, 2019As of October 9 there are new rules on appraisal, or rather which homes will no longer require them. Certain properties under $400,000 are now exempt from appraisal. Instead, exempt properties will be evaluated by the lending institutions with an estimate on property value. Here are the properties that will fall under the exemption: 1.…
- Upgraded Carlsbad Townhome for Sale August 29, 2019Welcome to 6236 Via Trato, in Rancho Carrillo’s serene Cascada neighborhood. Offered at $525,000, this bright and airy townhome lives like a single family home and is located adjacent to open space and a fabulous trail system. Stop dreaming – you CAN call Carlsbad home! With 1292 square feet, this lovely home offers 3 bedrooms,…
- Revamping Real Estate Industry Training August 16, 2019The real estate industry NEEDS some revitalization when it comes to licensing and agent training. There are easy ways to do this and the benefits FAR outweigh the work – better prepared agents, fewer lawsuits, higher satisfaction levels and legal protection for buyers and sellers…why would the industry NOT want to do this? Well, in…