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Hurricane Florence: 755,000-Plus Homes Could Be Impacted by Storm Surge, Projections Show

September 12th, 2018
Hurricane Florence is imminently making landfall, with the Category 4 storm (at press time) on track to batter the Carolinas and parts of Virginia, causing catastrophic damage in the region. According to CoreLogic preliminary projections, an estimated 758,657 homes could...

Cheri Fama: Professionalism and Service Win the Day

September 22nd, 2018
Vitals: John Daugherty, REALTORS® Years in Business: 51 Size: 3 offices, 150 agents Region Served: The Greater Houston area 2017 Sales Volume: $1.108 billion 2017 Transactions: 1,455 No. 235 in sales volume in RISMedia’s 2018 Power Broker Report www.johndaugherty.com With the dual role of president...

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

September 30th, 2018
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....

How to Make Your Luxury Listing Stand Out

October 9th, 2018
The process of selling a luxury home is simply different. There are fewer buyers, so naturally, agents need to not only create the “wow” factor, but also implement marketing strategies that capture the attention of other agents and potential buyers....

Employment Gains Push Rents Up

July 23rd, 2018
Driven by employment growth, the cost of a single-family rental rose 2.9 percent year-over-year, according to the April CoreLogic Single-Family Rent Index (SFRI). Rents have risen for the past eight years, but have been decelerating since February 2016, when they...

Case-Shiller: Housing Market Pressured by Prices

July 31st, 2018
Affordability is beginning to drag on housing, and there is little price relief in sight, according to the latest S&P CoreLogic/Case-Shiller Indices, which found May prices rising steadily, at 6.4 percent year-over-year. “Not only are prices rising consistently; they are...

The Evolution of Office Space: Where Are We Going?

August 8th, 2018
Editor’s Note: This is part three of a series that takes an in-depth look at how brokerage offices have transformed. You can find part two here and part one here. What will the brokerage office of tomorrow look like? There’s...

Building Claws Higher in July

August 16th, 2018
Building clawed 0.9 percent higher in July, but still underwhelmed year-over-year, according to the Commerce Department. Combined, housing starts totaled 1.17 million, with 303,000 multifamily (five units or more) starts and 862,000 single-family starts. On an annual basis, starts tumbled...

Housing in 2020: Construction Costs Grow, Mortgage Rates Slow

August 26th, 2018
Where will housing be in 2020? According to the latest Metrostudy predictions, if all continues on its current track, construction costs could continue to increase, and mortgage rates could reel in. While rates have increased in the last six months,...

Brokers Turn to Pocket Listings in Rising Markets

September 4th, 2018
The real estate market has heated up so much in certain regions that brokers are taking transactions into their own hands—or, rather, their pockets. With increasing prices and, seemingly, more buyers willing to pay an amount that’s leaving sellers with...
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