ICYMI: California Leads Way Toward Environmentally-Conscious Homes
Energy efficiency is the name of the game in new construction. Being environmentally conscious is trending in resale homes, as well. Although many green homes exist, with energy-efficient appliances such as programmable thermostats, low-water usage washing machines and dishwashers, and low-energy lightbulbs, a powerful exterior addition is about to become a permanent solution in California’s […]
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Rod Messick, Regina Coia and Pete Slaugh: A Dynamic and Strong Culture
The Homesale Family of Companies, which includes Berkshire Hathaway HomeServices Homesale Realty, is a leading real estate company serving the Baltimore, Md., and South Central and Southeastern Pennsylvania real estate markets, and last year finished second among all Berkshire Hathaway companies nationwide. The six-person ownership team includes Rod Messick, COO; Regina Coia, president of Realty […]
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Industry Challengers: Here Come the Incumbents
Real estate is an industry that I love. My family, our agents, and the customers we serve motivate me every day. Like many of my peers, I have watched many disruptors come and go. They come into our industry with bags full of investment capital, only to learn that real estate is a tough business […]
Existing-Home Sales Fizzle
After early gains in the season, April existing-home sales fizzled, with every region sputtering, the National Association of REALTORS® (NAR) reports. Activity in April declined 2.5 percent to 5.46 million, down 1.4 percent from the prior year. Inventory increased 9.8 percent to 1.8 million, but, by comparison, was 6.3 percent lower than the prior year. […]
Gen Z—The Next Wave of Consumer Game Changers?
Generation Z, loosely defined as the generation born anywhere from 1995 or 1998 to 2016, is predicted to hit the post-college marketplace in much the same way as millennials—managing considerable debt. Yet, simultaneously, they’re gaining traction as the next consumer powerhouse, representing billions of dollars for retailers and more. Regarded as the most diverse and […]
The State of Women Real Estate Brokers in California
While a greater number of women in real estate are achieving positions on boards at a national level, women still trail behind men in obtaining leadership positions in some states, including California. While some studies suggest that gender discrimination is to blame for this disparity, others claim that women are choosing to opt out of […]
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Experts Are Eyeing a Recession in 2020—but It’s Not Why You Think
The economy is on a roaring run. Is a downturn imminent? Experts in housing are predicting a recession starting in 2020, according to Zillow’s 2018 Q2 Home Price Expectations Survey; however, they anticipate monetary policy—not the housing market—as primarily responsible for the swing. The Federal Reserve has been guiding fiscal policy since the Great Recession, […]
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Regulatory Relief Bill Passes Congress – Is Mortgage Lending Freedom Ahead?
Change is coming to the mortgage industry in the form of lessened restrictions for many community banks, along with greater consumer protections. The Economic Growth, Regulatory Relief and Consumer Protection Act—a bill rolls back many Dodd-Frank Wall Street Reform and Consumer Protection Act regulations imposed in 2008 following the financial crisis—has been signed into law. […]
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New-Home Sales Slightly Slip
April new-home sales slightly slipped, down 1.5 percent to 662,000, according to the Commerce Department. The average new-home sales price was $407,300, while the median was $312,400. New-home listing inventory was 300,000, representing 5.4-months supply. “Even with this minor dip, new-home sales continue to trend upward and reflect builders’ overall confidence in the market,” said […]
8 Tech Companies in 2018 REach® Class
NAR PULSE—NAR’s strategic investment arm, Second Century Ventures, will work with eight companies that show promise in the real estate industry as part of its REach® accelerator program. The companies offer an automated email platform, local marketing system, compliance checklist, transaction management system, income goal tracking program, lead routing app and transaction coordination platform. Learn […]