Real Estate

5 Suburbs With the Biggest Housing Booms

NAR Daily News Magazine - July 16, 2018 - 1:00am

Buyer demand in suburban areas nationwide is fierce, and millennials are the driving force. See where they’re headed.

Categories: Real Estate

3 Easy Ways to Transform a Yard Into an Outdoor Oasis

NAR Daily News Magazine - July 16, 2018 - 1:00am

When it comes to renovations, homeowners express some of their highest satisfaction with these outdoor projects.

Categories: Real Estate

How Much More Buyers Are Paying for a Mortgage

NAR Daily News Magazine - July 16, 2018 - 1:00am

Higher rates and rising home prices are making housing more expensive for homeowners this year compared to last year.

Categories: Real Estate

The Cost of Selling Without a Real Estate Agent

NAR Daily News Magazine - July 16, 2018 - 1:00am

Those who choose to sell their home on their own just may experience “seller’s regret” when they see how much less they get for their properties.

Categories: Real Estate

Breaking Down the Hottest Patio Trends This Summer

RisMedia Consumer News - July 14, 2018 - 12:00am

Summer patio season is ramping up. The experts at Infratec say that outdoor design trends for 2018 are all about incorporating affordable luxury into your own backyard by turning your patio into a peaceful, lush oasis through low-maintenance water fixtures, a color refresh and vintage materials.

The company sees many homeowners gravitating toward easy-maintenance exterior garden designs that enhance physical and mental wellbeing with spa-inspired touches, like meditation benches, fountains, reflecting pools, rock waterfalls and zen gardens.

According to Infratec, low-maintenance water features can add visual interest and soothing sounds to a yard—even in drought-prone climates—because they actually require little water (and recycle the water they do use).

Kate Simmons at Decoist.com says cabana stripes can be found in this year’s collections, and this trend shows no sign of fading. She says that linen, teak and rope are a few of the materials designers are incorporating into exterior furnishings and accessories to give this year’s easy-breezy trend pizazz.

When it comes to outdoor style this year, Simmons says pink is the accent color of choice, especially if a hint of blush is introduced into your furniture vignettes.

Meanwhile, at FamilyHandyman.com, trend watchers are seeing patio furniture that mixes materials, such as metal and wood, instead of a single material, such as wicker.

If you have a covered deck or patio, the site says you can bring it up-to-date by adding a ceiling fan. If you haven’t installed a ceiling fan before, rest easy—you can do it yourself in less than a day, and you’ll be comfortable even on the hottest summer days.

FamilyHandyman.com also says that the days of small, bistro-style dining tables on the deck and patio are over, and that large-scale square and rectangular tables are hot.

As far as accessories are concerned, think bright and bold when it comes to fabrics for your patio furniture cushions in 2018. Go with yellows, reds and pinks that will pop against all that natural greenery, and your guests will be raving about your impeccable sense of style all summer long.

For the latest real estate news and trends, bookmark RISMedia.com.

The post Breaking Down the Hottest Patio Trends This Summer appeared first on RISMedia.

Categories: Real Estate

3 Tasks Brokers Can Start Delegating Today

NAR Daily News Magazine - July 13, 2018 - 1:00am

If you’re treading water or start sinking under your brokerage workload, pass off these duties to others to give yourself more time and a better focus.

Categories: Real Estate

New-Home Construction: A ‘Bonanza’ for Thieves

NAR Daily News Magazine - July 13, 2018 - 1:00am

The uptick in new houses being built in some parts of the country is creating a jackpot for thieves.

Categories: Real Estate

States With the Most Retirement Potential

NAR Daily News Magazine - July 13, 2018 - 1:00am

The best places for retirees this year may not offer Florida’s warm temperatures, but they are still making people happy.

Categories: Real Estate

Mortgage Rates Continue to Slide This Week

NAR Daily News Magazine - July 13, 2018 - 1:00am

The 30-year fixed-rate mortgage posted its first increase in the past month.

Categories: Real Estate

$1M-Plus Sales Surge 25% This Year

NAR Daily News Magazine - July 13, 2018 - 1:00am

This marks the largest leap in luxury home sales since January 2014.

Categories: Real Estate

Home Tours Are Happening Through Video Calls

NAR Daily News Magazine - July 13, 2018 - 1:00am

This is one way buyers are finding they can act quickly where limited inventories and fast offers are the norm.

Categories: Real Estate

Is Amazon Embarking on Home Insurance?

RisMedia Consumer News - July 12, 2018 - 4:21pm

July 16 is Prime Day, and this year’s deals feature double discounts on Alexa-enabled smart home devices, including Echo, Fire TV and Fire tablets, Amazon reports. As the marketplace giant gets more and more involved in the lives of homeowners, could consumers start to see offshoots into other home-related services?

Amazon-run home insurance could be the company’s next endeavor, according to The Information, a technology website. Although Amazon has not yet provided concrete evidence for insurance plans, it would make sense due to the company’s most recent partnerships. From plans to create a line of robots to be used as homeowners’ personal assistants, to the latest collaboration with Lennar showrooms to promote its line of smart home products, Amazon is already deeply entrenched in the lives of homeowners.

The alleged reason for this possible next phase in Amazon’s services? The company’s various tech products could help monitor for dangers such as burglaries and fires, resulting in more affordable premiums, reports The Information. Amazon has already made moves into the healthcare industry to build out its medical supply business, so an insurance division isn’t outside the realm of possibility.

If Amazon did form its own insurance division, what would it look like? In order to beat out the competition, there may have to be a sizable price difference in premiums and an added catch for consumer convenience. A traditional financial model may not be feasible for a company that needs to juggle its Prime audience base, along with several other technological innovations, to stay relevant.

However, this could be more of a partnership than a foray into its own segment of home insurance. Since regulations vary by state, it would be difficult for Amazon to establish a national presence under its own umbrella without investing an abundance of time and money to maintain a legally intricate service. Another concern? Amazon would need to have the necessary funds available to create a pool of reserves for any upfront claims payments.

In order to cut costs, Amazon may be able to sell consumer information it gathers from its smart home devices—in December alone, the installed base of Amazon Echo devices in the U.S. amounted to 31 million units, according to Statista. This way, the company would be able to barter data in order to profit from already-established insurance institutions and further negotiate consumer discounts, similar to the way insurance companies currently provide credits to homeowners who have security systems installed at their properties.

According to Statista, the global smart home market will reach an estimated value of over $53 billion in the U.S. by 2022. Will future homes be run by Amazon? It’s starting to look that way.

Liz Dominguez is RISMedia’s associate content editor. Email her your real estate news ideas at ldominguez@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

The post Is Amazon Embarking on Home Insurance? appeared first on RISMedia.

Categories: Real Estate

How to Balance Your Work, Personal Schedules

NAR Daily News Magazine - July 12, 2018 - 1:00am

Follow these tips to make sure you’re not extending your workday longer than you need to.

Categories: Real Estate

4 Costly (and Dangerous) Pool Care Mistakes

NAR Daily News Magazine - July 12, 2018 - 1:00am

The water feature is a big selling point, but improper maintenance can lead to leaks and skin rashes.

Categories: Real Estate

Owners, Appraisers Closest to Agreement Since 2015

NAR Daily News Magazine - July 12, 2018 - 1:00am

Perceptions of home values have been converging over the last few months.

Categories: Real Estate

720-Day Foreclosure Timeline Is Actually an Improvement

NAR Daily News Magazine - July 12, 2018 - 1:00am

From the initial notice to completion, the foreclosure process can average nearly two years. In some states, it can take up to four.

Categories: Real Estate

Protecting Your Transactions From Wire Fraud

NAR Daily News Magazine - July 12, 2018 - 1:00am

Compromised email accounts was the most reported type of fraud in real estate last year.

Categories: Real Estate

Delayed Ownership Could Exacerbate Wealth Disparities

NAR Daily News Magazine - July 12, 2018 - 1:00am

Serious long-term economic effects could emerge as millennials continue to put off homeownership.

Categories: Real Estate

How Will Bike-Sharing Change Cities?

NAR Daily News Magazine - July 11, 2018 - 1:00am

With car ride-sharing company Lyft's acquisition of bike-sharing company Motivate, will residents gain flexibility in their choice of neighborhoods to inhabit?

Categories: Real Estate

The 10 Most Undervalued Cities in 2018 for House Hunters

NAR Daily News Magazine - July 11, 2018 - 1:00am

These cities don’t just offer bargains but also rate high on livability.

Categories: Real Estate

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