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How long is that commute? New tool tells you in minutes, not miles

USA Real Estate News-Inman - Tue, 2018-09-04 16:27
Drive Time, a technology developed by big data company Inrix, lets homebuyers search for properties based on desired drive times and time spent in traffic.

Here’s how much parents are spending to live near the best schools

USA Real Estate News-Inman - Tue, 2018-09-04 16:20
According to data from home search portal realtor.com, homebuyers in California, New York and Washington state are spending well above their area's median sales price to live within a mile of a school with a GreatSchools rating of 8 or higher.

Brokers Turn to Pocket Listings in Rising Markets

USA Real Estate News-RISMedia - Tue, 2018-09-04 15:05

The real estate market has heated up so much in certain regions that brokers are taking transactions into their own hands—or, rather, their pockets. With increasing prices and, seemingly, more buyers willing to pay an amount that’s leaving sellers with nice profits, the question these sellers keep asking is, “Why bother with the MLS?”

While the answer to that question varies greatly depending on who is asked, more and more brokers are saying don’t list on the MLS, or even Zillow, for that matter.

Register for NAR’s Free REALTOR® Safety Webinar

USA Real Estate News-RISMedia - Tue, 2018-09-04 15:04

NAR PULSE—Share the message of safety with your agents this month! Encourage them to register for NAR’s REALTOR® Safety Program webinar scheduled for September 12 at 1:00 p.m. CT. They will learn how to form good habits that will help them stay safe on the job year-round. Register here!

$1 Buys the Most Space In…

USA Real Estate News-RISMedia - Tue, 2018-09-04 15:03

Every housing market is unique—in one area, your budget can equal lots of space, and in another, it can mean no spare square footage.

Nationwide, the ratio has shrunk, according to an analysis newly released by Zillow. Twenty years ago, $1 bought 2.09 square inches; in 2008, it bought 1.23 square inches. Today, $1 buys 1.07 square inches—about two times the size of a stamp.

Flood Insurance Reforms Critical for a Vibrant Housing Market

USA Real Estate News-RISMedia - Tue, 2018-09-04 15:03

Now that the National Flood Insurance Program (NFIP) has been extended through Nov. 30, 2018, Congress should pass a long-term reauthorization and reform measure that strengthens the program while providing certainty to property owners in 22,000 communities nationwide.

Finding Success in a Thriving Relocation Market

USA Real Estate News-RISMedia - Tue, 2018-09-04 15:01

In the following interview, Tonya Hamilton, vice president, Relocation and Business Development, Berkshire Hathaway HomeServices Woodmont Realty in Brentwood, Tenn., discusses the advantages of the brand, the local market, trends, and more.

Stevie Ray Vaughan’s childhood home sells for less than $160,000

USA Real Estate News-Inman - Tue, 2018-09-04 11:34
A house that just sold for less than $160,000 has a rich history — it's the childhood home of legendary blues guitarist Stevie Ray Vaughan.

Client Connect launches to let agents answer customers’ real estate questions instantly

USA Real Estate News-Inman - Tue, 2018-09-04 11:29
The Washington state-based Coldwell Banker Tomlinson franchise is launching Client Connect today, a proprietary customer service platform that can instantly pair clients with knowledgeable agents.
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