Link to full HW article HERE: Zillow Group is positioning itself to take the lead in bringing the entire home-buying process online. During a Tuesday call with investors, Zillow CEO Spencer Rascoff revealed Zillow’s reasons for acquiring DotLoop, a Cincinnati-based...
The Future
Home-Value Guessing
I don't remember ever hearing about this guy, but he was part of the Case-Shiller team that devised the Index, and now he does his own thing. Here they developed a tool to predict the chances of hitting your target value in the next year. Click on the link below and...
Seniors Renting
From Bloomberg: http://www.bloomberg.com/news/articles/2015-07-21/boomers-competing-with-millennials-for-u-s-urban-rental-housing Mike Abelson calls it his “man cave.” After his wife passed away, the 65-year-old sold his house and began renting a 1,400-square foot...
Backyard Bungalow
A team at UCLA had designed an accessory dwelling unit for the backyard: “Today, we don’t have enough affordable housing, and, given the hotter, drier climate, we’re losing environment to support all kinds of species. So there’s an environmental crisis that...
Constant Evolution
Rob Dawg said, quoting this latines.com article: "Regular marketing doesn't work anymore." Seems the RE industry is at a crossroads. Marketing or facilitating. One need only read the quote and see which way the wind has shifted. Houses are worth different prices to...
Test Sleep
How long before sellers let buyers stay overnight? From HW: http://www.housingwire.com/articles/34291-realtorcom-airbnb-partner-to-let-homebuyers-test-drive-the-neighborhood Realtor.com and Airbnb have teamed up to allow potential homebuyers to “live like a local” by...
SoCal Future
From the latimes.com: http://www.latimes.com/visuals/graphics/la-me-g-future-past-20150619-htmlstory.html What will Southern California look like in the future? The Times asked this question back in 1988, when 60% of the population was white and it took only 15...
Real Estate Agent Teams
The DANGER report also concluded that agent teams were a threat: I run a brokerage, and have agents who work for me. But I am a salesman through and through, not a guy making a living off other agents. It is why I write blog posts like the one yesterday - I love...
Independent Realtors vs. the Rest
Yesterday, a name and number was sent to me by an internet lead service. It doesn't cost me anything to receive the leads - the internet-lead company gets a referral fee from the listing agent once the sale closes. I'm on the list more for amusement - I've never...
Tick Tock
We've touched on this, but now the NAR-commissioned report is going mainstream - here is a link: http://www.courant.com/real-estate/hc-harney-0614-20150612-story.html A snippet: Consider these broadsides to get the flavor of the report: >> "The real estate...