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Tech Trends: Don’t Ignore the Power of Video in 2024
Users need to stay on your pages long enough to know what you want them to do (and to actually take that action). Continue Reading Tech Trends: Don’t Ignore the Power of Video in 2024
CoStar Group Completes Acquisition of UK Property Portal
OnTheMarket was founded in 2013 and currently has over 13,000 agent advertisers. Continue Reading CoStar Group Completes Acquisition of UK Property Portal
Additional Reading: Realtor Tools & Insights
Property Listing Descriptions Get a Boost from AI
Restb.ai is launching its AI-powered Property Descriptions technology for the US and Canadian real estate industry, making it easier for agents to automate the time-consuming task of creating property listing descriptions. The Restb.ai technology uses...
Why Would a House Not Get Any Offers In Today’s Market
There's no doubt that today's real estate market is...difficult. Homes are spending an outstanding 75 days on the market, up from a low of 31 days set in May 2022. This is the longest time on market since February 2020. Days on market is a metric that tracks the time...
Important Deadlines in a Real Estate Purchase Contract
Understanding the real estate process can be challenging. There are numerous moving parts, and no one transaction is ever the same, which means you must constantly learn new material. To truly become a good agent, you must learn the real estate purchase deadlines,...
Is remote work killing the American Dream?
Source: The Salem News --- A new study reveals that remote work is responsible for a spike in housing costs across the country, accounting for more than half of the total increase in prices after the pandemic. The Great Reshuffling shows no signs of slowing down,...
Real Estate: Is It Better to Buy or Rent Your Home?
Source: The Street --- The answer isn't always simple and the current housing market has made the question one worth revisiting for many potential home-buyers. For the vast majority of Americans, a home stands as the largest purchase you will ever make. That's scary...
Make the math of rental real estate add up for you
Source: Florida Today --- Q: What do you think about owning single family home rental real estate vs. investing in the stock market? A: I have seen several families do well with rental real estate, but only by owning several properties over many years (if not...
Guess How Many of Us Hope for a Housing Crash
Source: The Street --- With home prices and mortgage rates soaring, it would seem that something has to give. So it may not surprise you to learn that 78% of Americans expect a housing-market crash, according to a study by Consumer Affairs, a consumer information...
Average mortgage debt rose 14% over the past 5 years
Source: Rome News Tribune --- The average mortgage debt held by American homeowners has risen 14%, according to Experian data. At the end of 2021, the average mortgage balance was $223,952 in the U.S., up from an average of $196,403 for the same time period in 2017. ...
The Great Real Estate Tumble Of 2022
Source: Forbes --- “A 1970s Type of Housing Market is Possible in Future” We now have a “Triple Whammy” in 2022. In addition to the stock & bond market’s volatile woes, housing just delivered it’s worst two month hit since 2008 and wiped out over a year’s worth of...
Is Real Estate a Good Investment?
Source: Nasdaq --- Investing in real estate has plenty of benefits. A steady flow of extra income, relatively low volatility and the appreciation in the value of properties are factors that make real estate a good investment. But, there are also some downsides. Real...
Mark Cuban: Buying real estate in the metaverse is ‘the dumbest’ idea ever
Source: CNBC --- Buying digital land in the metaverse may not be the best use of your money, according to billionaire investor Mark Cuban. Although Cuban is a well-documented cryptocurrency enthusiast, he called purchasing virtual real estate in the metaverse “the...
Hidden costs of buying a home
Source: Bankrate --- If you’re planning to buy a new home soon, you’ve likely given some thought to the maximum price you can pay and the down payment you can offer. And if you plan to finance the purchase, the monthly mortgage payment could also be on the list of...
In this state, seniors can now freeze their property taxes — here’s how
Source: Market Watch --- A new property tax relief law went into effect this week in Maine, which could be a boon for seniors in the nation’s oldest state that also has the fourth-highest homeownership rate. Under the “Property Tax Stabilization Program,” seniors who...
