Buyers Deflated by Inventory Woes: NAR
Buyers are holding out hope in peak real estate season, but against the inventory squeeze, their confidence was shaken this spring, according to the National Association of REALTORS® (NAR). The amount of buyers confident in their housing market prospects stalled at 68 percent, according to NAR’s Housing Opportunities and Market Experience (HOME) second quarter survey—identical […]
Analysis: The Price of a Property Ripe for Summer
With more activities, daylight, outdoor parties and vacations, summer is a precious time of year. Do you have amenities at home that make the most of the season? According to new realtor.com® research, features that scream “summer” can earn homeowners more profit. An outdoor shower, for example, is at a 97 percent price-per-square foot (PPSF) […]
NAWRB Conference to Emphasize ‘Year of Women’
The annual Women in the Housing and Real Estate Ecosystem (NAWRB) conference, coming July 29-31 to The Standard Club in Chicago, Ill., is emphasizing the “Year of Women,” gathering executive females from across industries. The conference highlights industry issues, with presentations by several speakers, including: Dottie Herman, CEO, Douglas Elliman Real Estate Erica Courtney, CEO/President, […]
Smart Homes: The Way of the Future or a Risk to Homeowners?
Glitches of early iterations aside, AI-based technology has come a long way, and has an increasingly active presence in the lives of homeowners who are looking for convenience and savings in a pushed-for-time era. From adaptive thermostats that automatically gauge energy usage and alter temperatures for optimal savings, to smart home speakers that use sophisticated […]
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Larry Rideout: Creating a Culture Where Everyone Wins
Vitals: Gibson Sotheby’s International Realty Years in Business: 12 Size: 8 offices, 233 agents Regions Served: Boston, Cambridge, Eastern Massachusetts 2017 Sales Volume: $1.75 billion 2017 Transactions: 1,776 No. 126 in sales volume in RISMedia’s 2018 Power Broker Report www.gibsonsothebysrealty.com With more than three decades of experience in establishing real estate franchises throughout New England, […]
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Fueled by Homebuyers up North, Florida Luxury Markets Sing
There is ceaseless demand for homes in the lowest price tier—but there is also a growing interest in the luxury sector, specifically in the South and West, according to realtor.com® research. As of May, the fastest-growing luxury markets are in the Sunshine State, the research shows. In May, Sarasota County was the No. 1 luxury […]
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City Households on Par With Suburbs: ULI
With employment opportunities, options for transportation and walkability, Americans are drawn to living urban. Now, the demand for housing in urban areas is rivaling that of the suburbs, according to new research by the Urban Land Institute (ULI). In the 50 largest markets in the nation, city population rates are speeding up toward those of […]
Existing-Home Sales Hit a Snag
Existing-home sales in May were snagged by supply, the National Association of REALTORS® (NAR) reports. Activity in May declined 0.4 percent to 5.43 million, down 3 percent from the prior year. Inventory increased 2.8 percent to 1.85 million, but was 6.1 percent lower than the prior year. “Closings were down in a majority of the […]
Living in the Lap of Luxury in the Philippines
With two major offices in the Philippines and several regional hubs, 100-plus employees (25 of which are engaged in real estate brokerage), Pinnacle Real Estate Consulting Services Inc. continues to see a lot of interest from investors in the Asia-Pacific region who are keen on Philippine opportunities. Here, Managing Director Michael Mabutol provides a closer […]
Savings on Errors and Omissions Coverage
NAR PULSE—Victor O. Schinnerer & Company and the National Association of REALTORS® have partnered under the REALTOR Benefits® Program to provide a first-class errors and omissions (E&O) insurance program to both REALTORS® and REALTOR®-firms. Several premium credits are available, as allowed by state law, including a credit for being an NAR member, holding select NAR […]