Amazon mulls cheaper home insurance premiums based on its AI tech

It’s being reported that Amazon is getting into the home insurance game. The company will use its smart home devices and artificial intelligence technologies to monitor the risk of threats such as burglary and fire,

This year’s hurricane season could cost even more, report finds

Hurricane season is upon us once again, and experts are warning that this year’s storms could create even higher reconstruction costs than the last.

Black Knight report shows foreclosure crisis is almost over

With U.S. housing markets steadily continuing their recovery from the last decade’s financial crisis, distress markers are diminishing faster than ever.

Almost a quarter of U.S. home sales in 2017 were above asking price

Almost one quarter of U.S. home sales in 2017 went for above the asking price, netting sellers an average of $7,000 more than anticipated. Five years ago, just 17.8 percent of final sale prices were higher than the asking price, according to a new report from Zillow.

PwC names Seattle as top real estate market in the U.S.

Seattle has been named the top real estate market in the U.S. according to a new report from PriceWaterhouseCooper.

Existing home sales rebound slightly, but gains are muted

After three months of decline, existing home sales picked up in September compared to the month before, but annual gains were muted due to low inventories and recent hurricane disasters,

NAR safety report shows one third of agents have felt unsafe on the job

The National Association of Realtors has just published the results of its 2017 Member Safety Report as we enter September, which is the official “Realtor Safety Month”.

Freddie Mac forecasts more than 6 million home sales in 2017

A combination of strong job growth and low mortgage rates is helping to propel the housing industry towards one of its best years in decades, even as economic growth elsewhere in the country is weakening

NAR report highlights growing appraisal problems

The National Association of Realtors has just published its latest realtor’s Confidence Index for March 2017, highlighting some of the biggest roadblocks in the way of closing real estate transaction

Most renters can now buy a home without increasing their monthly costs

Rents are now so high in some parts of the U.S. that it’s now possible to buy a home without increasing your monthly costs, according to Zillow. The online listings portal says renters can now purchase a home nearly 50 percent more expensive than the median valued home, and keep the same monthly housing budget.

Read More »

RealtyBizNews: Real Estate Marketing & Beyond