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  • As competition heats up among home buyers in an increasingly tight market, some condominium and co-op boards are demanding that pet owners subject their furry friends to an ‘interview’ to make sure they’re a good fit. Indeed, some boards require a pets to have full resume with a headshot, and even a recommendation letter in… [Continue Reading]

    Condo applicants dogged by pet interview requests
  • The number of Americans living with an unmarried partner has doubled since 1993, and though the numbers are still small, the increase is significant as it represents a major shift in living arrangements, experts say. Moreover, those unmarried couples are increasingly moving into homeownership. Some 7% of Americans now live with an unmarried partner, up… [Continue Reading]

    No. of cohabiting, unmarried couples rises in the U.S.
  • Zillow is forecasting an end to housing inventory problems, but we may have to wait a while for it to happen. The company says it expects to see “flood of homes” coming onto the market over the next twenty years. Those homes will primarily be existing homes currently occupied by baby boomers, which will be… [Continue Reading]

    Zillow says a ‘Silver Tsunami’ will flood the housing market in 20 years
  • Fannie Mae has upgraded its economic outlook for 2020, saying it expects the economy to get a big boost from growth in the housing market. Fannie Mae’s Economic and Strategic Research Group said in a report this week that housing helped the economy to grow in the third quarter of 2019 for the first time… [Continue Reading]

    Fannie Mae says housing will boost economic growth in 2020
  • Yet more evidence has emerged that now is a great time to buy, with Redfin saying that bidding wars, in which multiple buyers compete to buy a home, are at their lowest point in 10 years. Redfin says in its latest report that just 10% of offers on homes sold via its real estate agents… [Continue Reading]

    Bidding wars fall to 10-year low, but the respite won’t last long

Smart Home Hubs: Making Your Smart Home Dream a Reality

Smart homes are now a ubiquitous feature in the real estate market. Global estimates for the smart home market by 2022 stands at $53 billion. In North America, more homeowners spend heavily on smart home improvements with spending expected to reach billion by 2022. Smart homes are hot property as home buyers consider benefits of […]

5 Real Estate Technology Trends to Watch in 2020

The global real estate market has grown tremendously over the last decade. According to a PWC industry survey, the global stock of the market grew by 55% from 2012 when it was US$29.0 trillion to US$45.3 trillion in 2020. This growth is in the backdrop- of innovative technology in the real estate industry. Investment in […]

In the Midst of the Smart Home Craze, Don’t Forget the Basics

Smart homes are all the rage these days. Buyers of all ages are looking for smart home technologies that make their properties more efficient, more comfortable, and safer. Even landlords are turning to technology to make their properties more attractive to the kind of tenants they hope to rent to. But is all of this […]

Opendoor moves into Los Angeles, will now spend up to $800K on a home

Leading iBuying company Opendoor says it’s expanding into Los Angeles for the first time with a new maximum offer of up to $800,000 for homes situated in the city. Previously, the most Opendoor would offer for a home was up to $600,000. The move comes at a time when iBuying firms are increasingly boosting their […]

Solar power savings vary greatly according to where you live

Homeowners with solar panels installed in their homes save an average of $1,075 annually, amounting to around 67% of their electricity bills, a new study by home energy firm Sense has found. That’s a tidy amount, but homeowners’ savings can vary wildly depending on which part of the U.S. they live in. For example, areas […]

iBuyers: What Agents Need to Know and How They Can Compete with Them

iBuyers are emerging in cities across the nation. As the trend grows, so does the concern among real estate agents worried that iBuyers will reduce the need for agents. An iBuyer is a company that uses technology to make sellers an offer on their home instantly. Their goal is to purchase a property quickly and […]