Inman Real Estate News

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Title: InmanInman
Link: http://www.inman.com
Description: Real Estate News for Realtors and Brokers

When can we expect the next Fed rate hike?

    • Long-term Treasury and mortgage rates are declining again. Not far, still hovering about 0.25 percent above the all-time lows, but certainly helpful to housing. Some of the reasons for the drop are traditional economics, but others remind how very strange this era is. The Federal Reserve met this week, and to no one?s surprise, it left alone the overnight cost of money. …

TRID, take 2?

    • If you have ironed out your bugs and confusion in the seven months since the Consumer Financial Protection Bureau?s (CFPB) TILA-RESPA Integrated Disclosure (TRID) rule took effect, don?t get too comfortable. More changes to the biggest mortgage transaction overhaul we?ve had in four decades are on the way. In a letter issued to several banking and financial services industry trade groups yesterday, the CFPB said it has ?begun drafting a notice of proposed rulemaking on TRID, or the ?Know Before You Owe? rule, as the bureau prefers to call it …

Elza Hayen on how her sense of humor has helped her success

    • Elza Hayen, director of marketing at ERA Wilder Realty, shares how a sense of humor can help you be successful, the connections you make in real estate and the most critical tool for her business …

Luxury listing: newly finished penthouse in Midtown

    • This two-bedroom, 2.5-bathroom penthouse sits in a newly finished residential tower in Midtown Manhattan, featuring floor-to-ceiling windows with gorgeous views of the city and a chefs kitchen with Calacatta marble counters …

What hot micro-markets tell us about housing in the U.S.

    • No matter how many markets in which any real estate pro has worked, we always know our home towns best. And my market today is in a situation common to most hot markets in the U.S., shedding light on distorted national housing data …

11 tips for managing your time and money as an independent contractor

    • Leaving a relatively decent full-time office job to work independently was probably the hardest professional decision I’ve ever made. Although I have no regrets, I admittedly did not know what I was getting myself into. Our most recent Special Report dug into the reasons why the failure rate for new real estate agents is so high, and more than three-quarters of respondents (77.39 percent) said that new agents fail at least in part because they are unprepared for the realities of working as an independent contractor …

Renters up at night over housing costs, more so than homeowners

    • Oftentimes, studies focus on the financial strain homeowners experience while trying to maintain their households. But a new Gallup poll says renters across all income levels, who are often subject to major price increases, are almost twice as likely to worry about housing costs than homeowners. …

Agents: Work S.M.A.R.T. to accomplish your goals

    • So often in our work life, we feel we are constantly churning the wheel and nothing is getting accomplished, which can leave us feeling drained and unsuccessful. Our time and energy is precious, and no one wants to feel burnt out when they can?t quit, so it’s important to know the difference between just working and working smart …

3 ways technology is changing the closing process

    • In what seems like a short time, consumers have come to rely on their phones, tablets and other devices as the go-to place for information. Few industries have been impacted by this fact as significantly as real estate, where searching for a home online has become commonplace. …

Podcast: Constance Freedman on 2016?s hottest real estate tech startups

    • Today’s interview is with Constance Freedman, the founder and managing partner of Moderne Ventures, an early stage investment fund focused on technology companies innovating in and around real estate, mortgage, finance, insurance and home services …

Top comments of the week April 25-29

    • This week brought with it some fiery tech twists and revelations on new agent training. At the pivotal crossroads where Realtors and robots, screens and skills collide — how will the chips fall? Top comments from our readers, compiled here, shed light on what the future holds. …

Nightmare on Main Street

    • A silent and invisible enemy attacked Porter Ranch, California, as Halloween approached last year. Residents in this high-end master-planned development about 35 miles northwest of the city of Los Angeles complained of nausea, nosebleeds, and a nasty smell — particularly in the part of the community north of Highway 118 nestled among the foothills of the Santa Susana Mountain Range …

DC community profile: The Henry

    • The Henry is a two-building, six-floor condo development with 172 units ranging from one-bedroom to two-bedroom and a den. Built in 2007, the buildings are located on Fayette St. and Oronoco St. in Alexandria. …

Bronx and Staten Island home sales surging, says REBNY

    • Booming Bronx and Staten Island home sales activity helped fortify the New York City real estate market pre-Spring, says the Real Estate Board of New York?s (REBNY) First Quarter 2016 Residential Sales Report …

Are NYC millennials really able to afford homeownership?

    • Apartment List recently conducted a survey of more than 30,000 renters across the United States, asking questions about their plans for homeownership, affordability, and savings for a down payment …

South Florida Realtor associations agree to share MLS data

    • Large Realtor associations in the same state reaching MLS-sharing agreements has been a frequent occurrence of late. In Southeast Florida, the Realtors Association of the Palm Beaches (RAPB) and the MIAMI Association of Realtors announced they will share MLS data with one another once again …

Luxury listing: Victorian estate on massive acreage

    • The Victorian home sits on a 1,700 acre ranch and wildlife conservation estate overlooking the Mendocino wine country. The estate has 24 miles of pasture, roads, springs, ponds and camping areas …

Zillow names Indianapolis, Chicago, Houston among top first-time buyer markets

    • Zillow ranked Chicago and Houston no. 5 and no. 8, respectively, on its Top 10 Best Markets for First-Time Home Buyers list. The list was determined by waging the cost of homeownership against the cost of renting in various markets across the country …