Michael Lucarelli also said in the lead up to Inman Connect New York that he doesn't see a "crazy reshuffling with rent prices" coming in 2023.
The McNair Group rejoins Coldwell Banker after 4 years at Compass
Following a four-year stint with Compass, the five-person McNair Group team has returned to Coldwell Banker, where the team was founded in 2008, it was announced Friday.
We want your top prediction for 2023! Pulse
Take your best guess, and tell us your top prediction for the 2023 real estate market, whether you're a newbie or a time-tested industry veteran.
Keller Williams agents get new Command features for the holidays
Command’s development, as well as the process for building Keller Williams’ other innovations, stem largely from KW Labs, an internal skunkworks for devising and testing new technology products.
US housing starts and permits fall in November. But completions surge
Housing starts fell 0.5 percent below October levels, inching to a seasonally adjusted rate of 1.43 million, while completions rose 10.8 percent month over month, according to U.S. Census Bureau data issued Tuesday.
Former Anaheim Ducks Star Ryan Getzlaf Is Selling Astonishing SoCal Mansion for $8.5M
Following his recent retirement from the National Hockey League, Ryan Getzlaf is looking to unload his spectacular space in Orange County.
The former captain of the Anaheim Ducks and longtime franchise hero (he spent his entire 17-year career with the team) has listed his seven-bedroom, 9.5-bath mansion in Coto de Caza, CA, for $8,499,000.
The 9,650-square-foot mansion is on a 5-acre lot in a gated community, accessed via a long, curvy driveway.
The exterior of the homeRealtor.com
The Agency grows Caribbean presence in Dominican Republic
The office will be led by a combination of new and existing managing partners at The Agency as the brokerage marks its 69th franchise.
Single-family rent declines for sixth-consecutive month in October
Year-over-year rent growth dropped to the lowest level June 2021, but remained three times higher than the historical average before the onset of COVID-19, according to data released Tuesday by CoreLogic.
Avoid a Blizzard Blunder! Here’s How To Protect Your Home From a Snowstorm
Yes, it’s beginning to look a lot like winter. Frigid cold weather is making its way across the country, dropping heavy amounts of snow in the central and eastern states. Many homeowners are bracing for the impact that continuing inclement weather can have on their property.
So, have you taken all the necessary precautions to protect your home from the perils of a snowstorm?
When a blizzard hits, it can unload heavy amounts of ice and snow that can cause severe damage to your abode. To better prepare for a storm—or a bunch of them—take the following precautions.
Prevent frozen pipes
Frozen pipes can put your whole house out of commission, and they can be expensive to fix.
Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession
Photo-Illustration by Realtor.com; Photos: Getty Images (2) / Realtor.com
It’s like déjà vu in the housing market.
Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Then, quite suddenly, the market seemed to seize up and prices and sales began falling.
Sound familiar?
Last month, Federal Reserve Chair Jerome Powell said the COVID-19 pandemic market had been in a “housing bubble.” But it was likely rising mortgage interest rates, a result of the Fed hiking its own rates to bring down inflation, that most directly led to the real estate freeze. The culprits were not subprime mortgages, wild speculation, or overbuilding—the primary causes of the housing crash of the late aughts.
Why the Queen of Christmas Refuses to Leave Battery Park City
Home is important to Elizabeth Chan: “Every Christmas song I’ve written has been written here.”
At Home With Elizabeth Chan
Battery Park City is important to the woman whose fans consider her the Queen of Christmas: “Every Christmas song I’ve written has been written here.”
Real Estate 101: How to make your first vision board
A career in real estate can be tricky, with a lot of ups and downs, according to industry leader Julia Lashay Israel. A vision board can help you maintain the right mindset and serves as a reminder of your big Why.
5 festive pop-by ideas for real estate agents this holiday season
Send your clients into the new year with a smile on their faces. Expert Darryl Davis offers five great last-minute holiday gift ideas for your clients that are easy on your wallet and easy to deliver.
12 useful gift ideas your clients will actually want
It’s not too late to reach out to your clients this holiday season. Designer Antoinette Fargo offers 12 gift ideas for now — or to take you all the way through 2023.
Team structures are a trainwreck. Here’s why it’s ruining rankings
Before the 2023 rankings, let's get this figured out, writes broker Troy Palmquist. Are some of the biggest teams in the industry really brokerages or teamerages (or vice versa) and how does that affect the way they’re ranked?
Improved mortgage rate outlook could bode well for home sales
Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to ease.
Built To Last: Washington State Cabin Designed To Rebuff the Elements Available for $500K
A uniquely designed home in Leavenworth, WA, comes with 10.5 acres of privacy.
The angular, three-bedroom home offered for $500,000 is nestled among the trees 2 miles east of Chumstick in the Cascade Mountains, but it is still close to skiing and wineries.
“The house has a little pond and a lot of acreage, so it would be ideal for someone who wants to be out in the country,” says listing agent Michal Mock, of Keller Williams Realty NCW.
“There are a lot of acres for hiking, so the new buyer would be an outdoor person for sure. I envision it to be a primary residence because the house has year-round access,” Mock says.
Homelessness Ticked Up This Year as Rising Rents Continue To Price People Out
Homelessness rose this year as rents and home prices spiked across the country.
In January, nearly 582,500 people experienced homelessness, according to a recent U.S. Department of Housing and Urban Development report. That figure is a slight increase—about 0.3%—from 2020. However, homelessness fell 10% over the past 15 years.
The homeless counts were performed in late January, February, and early March. The numbers were compared with 2020 because many places didn’t hold full counts during the COVID-19 pandemic in 2021.
“We’re not keeping up with folks who are becoming homeless,” says Marybeth Shinn, a professor who specializes in homelessness at Vanderbilt University in Nashville, TN. “We’re generating more homelessness more rapidly than we’re housing people because too many people can’t afford housing.”
Lavish Lake House Cannonballs Onto the Market as Michigan’s Priciest Listing at $18M
A magnificent 14,636-square-foot lakefront retreat in Petoskey, MI, has cannonballed onto the market for $18 million, making it the state’s most expensive listing.
The sellers, who built the home on the banks of Walloon Lake in 2018, used the place as their primary residence.
“They didn’t build the house thinking they were going to ever sell it,” explains listing agent Brad Rellinger, with Harbor Sotheby’s International Realty. “They put a lot of extra care into the house.”
Lakefront homeDan Hasty/ Wave Break Media