News

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...

Credit Freeze: A Misunderstood Freebie That You Actually Want

September 13th, 2018
(TNS)—Just one year ago, consumers woke up and discovered that hackers had one heck of a field day with their Social Security numbers and other information in a massive data breach at Equifax. Equifax’s screw-up would forever leave millions just...

Sereno Group: Exceeding Industry Standards Every Step of the Way

September 22nd, 2018
(L to R) Tim Proschold, Vice President of Group Strategy and Success; Ryan Iwanaga, Executive Vice President; Barbara Cole, Chief Operating Officer; Chris Trapani, Chief Executive Officer Chris Trapani and Ryan Iwanaga grew up together in the quiet, rolling suburbs...

Hurricane Florence: Nearly $30 Billion in Estimated Losses

September 30th, 2018
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...

Join NAR in Boston, Earn With MVP

October 9th, 2018
NAR PULSE—Register for a Premier Access Pass to the 2018 REALTORS® Conference & Expo by October 15 to earn your free copy of conference speaker Holly Pasut’s book, “A Strange Path to Freedom.” You’ll also be automatically entered to win...
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