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April 2020

Affordability squeeze increases, leading consumers to feel angst — Amid a nationwide economic boom, housing affordability rankings have declined in 81 of 174 U.S. metro areas over the past half-decade, according to the National Association of Realtors. See an interactive graphic showing affordability trends. ...

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March 2020

Consumer group says agency rules a hodgepodge, calls for reform — A consumer group is calling on the real estate industry to increase transparency in the always-murky area of agency and fiduciary duty. Read the Consumer Federation of America’s report. ...

VA loan limits disappear, expanding program’s flexibility — Starting Jan. 1, there’s no longer a limit to the amount that former soldiers can borrow through the Veterans Administration mortgage program. Read the archive article, As VA streamlines loans, mortgage program becomes more attractive. ...

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Are Brokers an Endangered Species?

February 13, 2020
In Toledo, OH, a brokerage that had operated independently for four decades announced in December that it was joining a much larger regional company. In Pensacola, FL, a RE/MAX affiliate that had muscled through the Great Recession said it, too, was merging with a bigger brokerage. In Southern California, a 550-agent brokerage that had been…To read more — login/sign up

 

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Cyber Crime Continues, Education is Needed

January 30, 2020
Brokers around the country tell horror stories about buyers losing hefty deposits to hackers posing as real estate agents, mortgage lenders, or escrow company representatives. Some 11,300 people were victims of wire fraud in the real estate and rental sector in 2018, representing a 17 percent increase compared to 2017, according to FBI data. Losses…To read more — login/sign up

 

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Pocket Listings to Go Away in 2020

January 16, 2020
Realtors and consumer advocates long have argued that there’s no place in the industry for pocket listings, those properties that are for sale but don’t appear in the multiple listing service. In November, the National Association of Realtors moved definitively to end pocket listings. NAR’s board of directors voted 729-70 to forbid the contentious marketing…To read more — login/sign up

 

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February 2020

Your agents should be marketing with video — here’s how to do it — Antoine Dupont, head of Katapult Marketing, points to a recent study that finds Internet users engage with online video 18 times as much as with content that includes only text and photos. Watch Dupont and Marki Lemons-Ryhal discuss video marketing below. ...

Idaho moves to head of pack in home-price appreciation — See an interactive map of state-by-state trends. ...

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