Real estate news

• 100% for Agents: HomeSmart Shows Why Letting Agents Keep All of Their Commission Is in a Broker’s Best Interest

  30-09-2018 19:05
  Editor’s Note: This is the cover story in the October issue of RISMedia’s Real Estate magazine. Subscribe today.
  There is much discussion in the industry about the fate of the residential real estate brokerage. Traditional, commission-split brokerages are anticipated by many to be on their way out. In fact, some industry experts say the steady stream of iBuyers, virtual brokerages and other emerging models coming into the market in the last year has made that fate certain.
  While many
  
  Read more

• In ‘Healthy Shift,’ More Homeowners on Board With Selling

  30-09-2018 19:04
  Are homeowners warming up?
  With prices rapidly rising, homeowners have been reluctant to sell, fearful of being unable to afford another home—a catch-22, because inventory is limited as it is, and compounded further when homes are kept off the market.
  Now, their confidence is growing, according to the latest National Association of REALTORS® (NAR) Housing Opportunities and Market Experience (HOME) quarterly survey. Seventy-percent of Americans are optimistic about selling, with 50 perc
  
  Read more

• Hurricane Florence: Nearly $30 Billion in Estimated Losses

  30-09-2018 19:03
  Earlier this month, Hurricane Florence blasted through the Carolinas and Virginia, leaving a path of flood and wind damage in its wake.
  According to an analysis by real estate data provider CoreLogic, residential properties in the Carolinas and Virginia sustained between $19-$28.5 billion in damage, which includes impact from both inland flooding and storm surge. Of that amount, an estimated $13-$18.5 billion is in uninsured losses. Flood losses insured by the National Flood Insurance Program (N
  
  Read more

• It’s a Sellers’ Market—but Not for Millennials: Report

  30-09-2018 19:02
  Even as homeowners, millennials are drawing the short straw.
  According to the 2018 Zillow Group Report on Consumer Housing Trends, newly released, millennial sellers—even with the proverbial “upper hand”—are having to change their closing date or cut their list price.
  Many, even, have had deals fall apart, against outside stressors and tight timelines—and, the majority of millennial sellers would do over “at least one thing differently” in the process, t
  
  Read more

• Advertisement

Follow @RealEstate_Nws_ on Twitter!