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Social Skills: Blogging to Grow Your Real Estate Business

USA Real Estate News-RISMedia - Tue, 2024-07-09 15:03

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. In the modern age of social media forms and the storytelling that comes with them, blogging feels like a bit of an outdated form of marketing. This, however,…

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Report: Housing Inventory Grows Nationwide

USA Real Estate News-RISMedia - Tue, 2024-07-09 14:36

Housing inventory saw a big increase in June, as the number of homes actively for sale grew for an eighth straight month and increased 36.7% year-over-year, according to new data from Realtor.com®.  Realtor.com’s Monthly Housing Trends Report for June found that new listings increased 6.3%, but were down 24.4% from 2019. In addition, the median…

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Multifamily building permits have dropped 30% since 2021: Redfin

USA Real Estate News-Inman - Tue, 2024-07-09 14:32
Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday. Between 2021 and 2023, builders filed an average of 18 permits to build multifamily housing units for every 10,000 people in the U.S. However, that number has dropped to an average of 13 permits as of May 2024.

Suburban Chicago homeowner hit with $30K property tax bill in error

USA Real Estate News-Inman - Tue, 2024-07-09 13:09
Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1 million from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30,000.

What’s the most unprofessional thing you’ve seen an agent do?

USA Real Estate News-Inman - Tue, 2024-07-09 12:47
Professionalism (or a lack thereof) is important everywhere — on social media, on the phone and face-to-face, but which agents are putting their worst out into the world?

CoStar Agrees to Change Homes.com Ads After Realtor.com Challenge

USA Real Estate News-RISMedia - Tue, 2024-07-09 12:46

CoStar has agreed to change some key advertising claims regarding its Homes.com residential portal amid a contentious back and forth with bitter rival Realtor.com®, following a recommendation from non-profit BBB National Programs (associated with, but independent from the Better Business Bureau) as both companies continue to battle viciously over metrics, measurements and market share. Realtor.com’s…

The post CoStar Agrees to Change Homes.com Ads After Realtor.com Challenge appeared first on RISMedia.

Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing

USA Real Estate News-RISMedia - Tue, 2024-07-09 12:24

Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about rate cuts while being pressed by lawmakers on housing affordability, inventory and a wobbly commercial real estate market. Powell struck a measured tone; he did not offer a timeframe on when the Fed might lower…

The post Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing appeared first on RISMedia.

Feds want to expand their control over real estate sales to foreigners

USA Real Estate News-Inman - Tue, 2024-07-09 12:06
A proposal would expand an existing rule and give the "Committee on Foreign Investment in the United States" power to review real estate sales near 56 military installations in 30 states.

Alexander brothers rape allegations draw scrutiny from FBI

USA Real Estate News-Inman - Tue, 2024-07-09 12:04
Women who claim to be victims of the Alexander brothers, or witnesses to alleged assaults, have been approached by agents from an FBI task force, "The Wall Street Journal" reported Tuesday.

CoStar censured for claims made about traffic in Homes.com ads

USA Real Estate News-Inman - Tue, 2024-07-09 11:58
The Better Business Bureau National Programs' National Advertising Division has recommended that CoStar Group's residential portal Homes.com ceases using claims that it has double the traffic of Realtor.com in its ads. CoStar Group has complied with the request.

Fostering Local Solutions to the Housing Supply and Affordability Crisis

USA Real Estate News-RISMedia - Tue, 2024-07-09 10:50

Last year, the National League of Cities and the American Planning Association embarked on an effort to discover and advance locally driven solutions to our country’s housing supply and affordability crisis. The goal? To unite the public and private sectors to help local governments meet their residents’ housing needs.  Recognizing the complexity of addressing these…

The post Fostering Local Solutions to the Housing Supply and Affordability Crisis appeared first on RISMedia.

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