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The rise of ‘Zoomtowns’ is going to make home prices and rents cheaper for everyone

The rise of ‘Zoomtowns’ is going to make home prices and rents cheaper for everyone

by Third Party | Jan 6, 2023 | Industry Updates, News/Current Events, U.S. Housing Market

Source: Insider —  It’s easy to blame remote workers for the pandemic’s chaotic housing market. Highly paid white-collar employees who exercised their newfound freedom and turned once cheap locales into expensive “Zoomtowns” make for...
Smart Technology for Landlords

Smart Technology for Landlords

by Third Party | Jan 5, 2023 | Industry Updates, Real Estate Agent Tools

Source: US News —  Owning a few rental units can be a great way to establish a passive income stream, but it can be hard to be a landlord on your own. You can’t be in several places at once, and even if you hire a property manager, you may still find that you’re...
WHAT SOCIAL MEDIA PLATFORM WORKS BEST FOR YOU AS A REAL ESTATE AGENT?

WHAT SOCIAL MEDIA PLATFORM WORKS BEST FOR YOU AS A REAL ESTATE AGENT?

by Third Party | Jan 5, 2023 | Industry Updates, Real Estate Agent Tools

Source: Realty Biz News —  More than 4.62 billion people are on social media — almost 60% of the world’s entire population. It’s no secret that social media platforms are some of the most powerful tools for businesses to reach their target audiences,...
Shrinking availability of ‘small-dollar’ mortgages hurts low-income home buyers

Shrinking availability of ‘small-dollar’ mortgages hurts low-income home buyers

by Third Party | Jan 4, 2023 | Industry Updates, Mortgage Information

Source: bizTimes —  In Philadelphia, about a third of owner-occupied homes were valued at less than $125,000 in 2021. But that year, only about 2% of mortgages made in the city were the type generally used to purchase properties in this segment of the market,...
Are AVMs (automated valuation models) replacing the CMA?

Are AVMs (automated valuation models) replacing the CMA?

by Third Party | Jan 4, 2023 | Industry Updates, Real Estate Agent Tools

Source: South Florida Agent Magazine —  With the advancement of tech-based real estate services such as Zillow, Realtor.com, Redfin and others, customers can easily research and estimate the value of their homes without involving a Realtor. The big question is,...
Home inspections in a hot market

Home inspections in a hot market

by Third Party | Jan 3, 2023 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: Daily Herald —  Q: In a past article, you wrote: “It is the height of professional irresponsibility for any real estate agent to advise a client against having a home inspection.” In most cases, I would agree with your advice. But in a hot...
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