Real Estate Resource Roundup – 1/30/15

Clean Slate_Times Square

Whew, what a week here in NY for ICNY*! Hope everyone had a productive time making new connections and learning new things. We’ll be posting our own ICNY roundup as soon as all of our on-the-ground roving reporters report in. For now, whether you were here, or at home watching all the coverage, here are a few Real Estate Resource Roundup stories you might have missed…

Shrinking inventories could end up pricing more buyers out of the market
The number of homes on the market fell for the first time in 16 months in December, hinting at a potential acceleration in home prices in the months ahead. That might be good news for sellers, but not for buyers who could get priced out of the market or the real estate agents who represent both sides in home sales.

Pending Sales of Existing Homes in U.S. Drop by Most in a Year
Contracts to purchase previously owned U.S. homes unexpectedly fell in December by the most in a year, a sign the industry’s recovery remains uneven.

U.S. mortgage applications slip in latest week: MBA
Applications for U.S. home mortgages fell last week as mortgage rates edged higher, data from the Mortgage Bankers Association showed on Wednesday.

Mixed signals for spring housing season
The spring housing market is still about a month away, but industry experts are already arguing its outcome.

Realogy chief: Brand still king
Brand awareness drives brokerage and franchise giant Realogy’s success, CEO and Chairman Richard Smith says.

Smart recruiting, training and SEO ensure broker relevancy
Greg Fox, broker-owner of Wichita, Kansas-based Better Homes and Gardens® Real Estate Alliance, discusses the importance of bringing in the right agents at the “Broker War Room,” a panel discussion today at Real Estate Connect New York City.

Another broker hops on 3-D virtual tour train
Have you seen a 3-D virtual tour demo from last year’s Realogy FWD winner, Matterport? Pretty amazing stuff. This week it was announced that Better Homes and Gardens® Rand Realty’s more than 800 agents will showcase sellers’ homes using 3-D virtual tours that give buyers browsing listings online the feeling that they’re walking through the home.

Are We Still Chasing the New Normal?
Sherry Chris, Better Homes and Gardens® Real Estate president and CEO, shares her outlook for the luxury home market, citing that we are in the early stages of a long-term recovery.


*Photo credit: Snowy Crossroads of the World, Times Square, 1/26/15, by Leighton Dees, Better Homes and Gardens® Real Estate Generations

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