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Nearly half of all US homeowners with a mortgage still ‘underwater’ in Q1
Despite rising home prices early in the year, a significant portion of U.S. homeowners with a mortgage — about 44 percent — still owed more on their home than it was worth or didn’t have enough equity to move at the ...
3 game-changing reasons for getting started with Google Analytics [Infographic]
For most people, analytics is one of those subjects that other people pay attention to. There are a number of reasons why this is the case: there’s not enough time, it doesn’t seem important, or maybe it seems way too ...
Calculated Risk: Housing inventory won’t bottom until 2014 [VIDEO]
Former tech executive turned blogger Bill McBride was one of the first to suggest that homes were precariously overvalued back in 2005. When he spots a trend, people have learned to listen. McBride — who gets up early every day ...
New ad campaign highlights California Realtors’ role in state economy
The California Association of Realtors announced a new TV, Web, radio and print ad campaign today that highlights the positive impact its 155,000 members have on the state's economy. Two 30-second TV spots, featuring the "ripple" effect that the facilitation of home buying and selling has on the economy and families, will air on the ABC network in San Diego, Los Angeles and San Francisco from today through June 16. In addition, on April 17, a spot will air during the network's hit show "Modern Family" in the three markets.
National Association of Realtors to release national MLS
A national multiple listing service run by the National Association of Realtors should be ready by late summer, the large trade association announced today. NAR has been working for the last decade to put all of the nation's agent-represented homes for sale into one database, consolidating the 800-plus multiple listing services in the U.S. in the process. "Everybody has been on board with the national MLS idea for a long time and we've been working on it for the last decade," the trade group said in a press release.
April Fools’ Day real estate roundup
On the first day of April each year, communities, businesses and news outlets come up with stories intended to fool, amuse, and, sometimes, satirize. Here's a roundup of the posts ...
NAR Tech Edge to launch this month
The National Association of Realtors will launch its tech-conference tour this month, the trade group announced today. The first event of the tour will be held on April 12 in Fairfax, Va., and others will follow in different locations throughout the summer and fall ...
More millennials see homeownership as a good investment
Most ...
Study: Neighborhood zoning helped cause crisis
A new study published in the journal Housing Policy Debate may have identified another contributing factor to the financial crisis: neighborhood zoning ...
Protect yourself against loan lock scams
A price quote means nothing until it is properly locked with the lender. A rate lock, as it is commonly called, is the lender's commitment that it will make the specified loan at the specified price within a specified future period. The price includes not only the interest rate but also points, which are upfront charges expressed as a percent of the loan; fixed-dollar charges; and (if the loan is adjustable-rate) the margin and maximum rate.
8 tips for buying in a tight market
It's always hard to predict how long it will take to find a home to buy. Given the current low-inventory environment, it may take you longer than it would in a balanced market that has enough homes for sale to satisfy the current buyer demand. Patience needs to be a key component of your home search mentality. Even if a home you like a lot comes along quickly in your search, other buyers may have the same idea. You could end up in competition. If you aren't the winning bidder, don't let disappointment immobilize you.
‘Inman Incubator’ program aims to accelerate innovation
Inman News announces that applications for Inman Incubator, a real estate startup accelerator program, are now open. The Inman Incubators program is a yearlong mentorship, advisory and promotional program to help up to 25 new companies in the real estate industry succeed. The program is open to technology startups, brokerages, agents, service providers, and others in the real estate industry with new, innovative products and business models.
How to jump on the video bandwagon
Are you still stuck in "E" rather than moving forward into "V"? If so, it's time to shift from email, E-cards, email newsletters, blogs, and autoresponders to the next generation of communication: vmail, vcards, vresponders, viewsletters, and vlogs.
Good times are back for ranch land brokers
For a while it seemed that anyone with a lot of money, from Hollywood stars to business moguls, wanted a piece -- make that a very large piece of -- America, and they came west looking to buy their own ranches. Many, following the lead of flamboyant media entrepreneur, Ted Turner, looked to acquire in Montana. During the bubble years, investors couldn't acquire Montana ranches fast enough. William ...
Glenn Kelman on Redfin’s site redesign [VIDEO]
Redfin launched a redesigned website this week and Inman News caught up with the Seattle-based brokerage's CEO, Glenn Kelman, to talk about its new features. The site's new design and features include more prominent Redfin branding, increased white space, larger property images on property detail pages and a new way for users to monitor homes they may want to tour.
Companies team up to offer small lenders REO asset management
Carrington Property Services has joined forces with financial services company LendingXpress to offer small lenders Carrington's asset management services to handle their inventory of bank-owned homes. San Antonio, Texas-based LendingXpress, a Southwest Business Corp. (SWBC) company, will market the services to the credit unions and community banks in its customer base, offering them a new approach to managing REO (real estate-owned) inventories based on best practices of major lenders, the companies said in an announcement.
NYC brokerage gets behind same-sex marriage
Anyone on Facebook in the last few days has likely seen the pink-and-red logo that many people are setting as their profile images this week in support of gay marriage, the subject of two cases the U.S. Supreme Court is currently hearing. Bond New York, which claims to be the largest independently-owned brokerage in New York City with 500 agents and staff, has incorporated features of the Human Rights Campaign logo that's come to represent support of gay marriage into its own branding ...
Time to take the measure of the recovery
Trading everywhere has ceased for Passover, Good Friday, and Easter, but next week brings a flood of brand-new information for March, capped on Friday by employment data. Thus a good time to reflect. I do not recall a moment in which so many economic elements at the same time have been at points of inflection. In the old days (five years ago) nothing much mattered except U.S. data. In global markets the world is more important than the U.S.
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