National News

Trulia Announces New ‘Trulia IQ’ Beta for Brokerages

In its second major technology announcement of the week at Inman San Francisco, real estate website Trulia has announced “Trulia IQ,” a new web platform for brokerages. Operating on a data-driven model similar to its other platforms, such as

Mortgage Complaints Dominate CFPB Semi-Annual Report

By Peter Ricci Mortgage complains reigned supreme in the Consumer Financial Protection Bureau’s (CFPB) semi-annual report to Congress, comprising 43 percent of the 55,300 complaints the agency received from consumers in its first 11 months of existence. The make-up of

5 Tips for Real Estate Photography That Looks Professional

By Peter Ricci “It is a truth universally acknowledged, that a real estate agent in possession of a good property must be in want of great photography.” – Jane Austen Alright, that may not be the exact opening line

‘Trulia Brokers Program’ Announced at Inman San Francisco

By Peter Ricci A new brokers program for Trulia is building on the company’s previous outreach efforts to real estate professionals. Real estate website Trulia has just announced a new “Trulia Brokers Program,” a program tailored specifically to real

Shadow Inventory Down 35 Percent From 2010 Peak

By Peter Ricci The shadow knows – that his inventory is severely down! According to researchers at Morgan Stanley, the shadow inventory has fallen 35 percent from its 2010 peak, yet more evidence of stabilizing inventories in housing. The

Chicago Home Prices Increase 4.5 Percent in May Case-Shiller, Lead Nation

By Peter Ricci Chicago led the nation in the latest Case-Shiller Home Price Indices from Standard & Poor’s, with home prices for the city rising by 4.5 percent from April to May and showing the best monthly appreciation of all

Is ‘Prius Effect’ the Defining Green Home Solution?

By Peter Ricci In the real estate community, there is a fire burning – are green homes all that they’re cracked up to be? And more importantly, do they add anything to a home’s value? Such questions have been

Nextdoor Brings the Social Network to the Neighborhood

By Ian McKendry In a world where social networking lets people connect from nearly anywhere, one Internet company is trying to connect the people that live right next door to each other. Nextdoor is a young private social network

Mortgage Rates Drop Yet Again

By Justin T. Hilley Market concern over the strength of the economic recovery took Treasury yields to new depths, causing both 30- and 15-year fixed-rate mortgages to continue tumbling to historic lows. The Freddie Mac survey showed 30-year FRM

The Rise of The 1099 Economy: More Americans Are Becoming Their Own Bosses

By Joel Kotkin While the economy has been miserable for small businesses, and many larger ones as well, the ranks of the self-employed have been growing. According to research by Economic Modeling Specialists International, the number of people who

Does Office Size Matter With Transactions?

Of the total number of active agents in the Chicagoland area, 66 percent work in large offices, or offices with 20-plus people, compared to the 8 percent that work in offices of one or two people and the 13

Realtor Party: Are You In or Out? NAR, Realtors Respond

By AGBeat Recently, AG columnist Erica Ramus published an editorial entitled, “Realtor Party? Count Me Out,” which stirred passionate support from Realtors across the nation while simultaneously drumming up disagreement from local boards, state associations and the National Association

Second Quarter Home Orders for Largest U.S. Builders Extremely Promising

By Peter Ricci The National Association of Home Builders’ Builder Confidence Index hit its highest mark in five years in July, and based on second quarter home order stats from the nation’s largest builders, the source of such confidence

Zillow Announces New 5-point zPro for Brokers Program

Zillow took another step in its industry outreach efforts yesterday with the announcement of zPro for Brokers, a beta program that incentivizes brokerages to directly partner with the syndication site. Operating on a five-point program, zPro currently boasts 15

Refinance Activity Increases; Even Zuckerberg is In On It

  HousingWire reported today that refinance activity has hit a three-year high, and mortgage applications increased 2 percent from last week, the highest levels since April of 2009. When Facebook founder and one of the world’s wealthiest people, Mark

Pending Home Sales Rise Year-Over-Year For 14th Consecutive Month, MORe President-elect Michael Parent on ‘Communication Factor’

By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales

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