News

Zillow: $40 Billion to Flood Into Housing Market, Even as Homeowner Incentives Limited

Americans’ earnings, generally, have gotten a lift on payday as a result of the Tax Cuts and Jobs Act. With cuts come more discretionary spending—and, although there are changes to homeowner incentives, almost $40 billion of it is going into...

HomeServices Acquires Ebby Halliday in Latest Move

HomeServices of America, Inc. is acquiring Ebby Halliday Real Estate, Inc., a legacy North Texas powerhouse. The acquisition includes the brands Ebby Halliday, REALTORS®, Dave Perry-Miller Real Estate and William Trew Real Estate, as well as affiliates Home Team Mortgage...

8 Tech Companies in 2018 REach® Class

NAR PULSE—NAR’s strategic investment arm, Second Century Ventures, will work with eight companies that show promise in the real estate industry as part of its REach® accelerator program. The companies offer an automated email platform, local marketing system, compliance checklist,...

New-Home Sales Slightly Slip

April new-home sales slightly slipped, down 1.5 percent to 662,000, according to the Commerce Department. The average new-home sales price was $407,300, while the median was $312,400. New-home listing inventory was 300,000, representing 5.4-months supply. “Even with this minor dip,...

Regulatory Relief Bill Passes Congress – Is Mortgage Lending Freedom Ahead?

Change is coming to the mortgage industry in the form of lessened restrictions for many community banks, along with greater consumer protections. The Economic Growth, Regulatory Relief and Consumer Protection Act—a bill that looks to roll back many Dodd-Frank Wall...

Experts Are Eyeing a Recession in 2020—but It’s Not Why You Think

The economy is on a roaring run. Is a downturn imminent? Experts in housing are predicting a recession starting in 2020, according to Zillow’s 2018 Q2 Home Price Expectations Survey; however, they anticipate monetary policy—not the housing market—as primarily responsible...

The State of Women Real Estate Brokers in California

While a greater number of women in real estate are achieving positions on boards at a national level, women still trail behind men in obtaining leadership positions in some states, including California. While some studies suggest that gender discrimination is...

Gen Z—The Next Wave of Consumer Game Changers?

Generation Z, loosely defined as the generation born anywhere from 1995 or 1998 to 2016, is predicted to hit the post-college marketplace in much the same way as millennials—managing considerable debt. Yet, simultaneously, they’re gaining traction as the next consumer...

Existing-Home Sales Fizzle

After early gains in the season, April existing-home sales fizzled, with every region sputtering, the National Association of REALTORS® (NAR) reports. Activity in April declined 2.5 percent to 5.46 million, down 1.4 percent from the prior year. Inventory increased 9.8...

Industry Challengers: Here Come the Incumbents

Real estate is an industry that I love. My family, our agents, and the customers we serve motivate me every day. Like many of my peers, I have watched many disruptors come and go. They come into our industry with...
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