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Who can afford that? The question has become more prevalent than ever, as dwindling supply has nudged the median home price ever higher, according to a new report by LendingTree that examined the U.S. metros with the highest share of million-dollar homes. The report found specifically that California remains a very expensive destination. According to…

The post The Affordability Issue and the Rise of the Million-Dollar Home appeared first on RISMedia.

The real estate software firm and data provider PropStream has announced its latest platform enhancement: PropStream Intelligence. Driven by machine learning and predictive analytics, PropStream Intelligence is designed to help real estate professionals find leads. The tool’s features include:  Property Condition Analysis: Uncover a property’s condition at a glance using a strategic grading system, as…

The post PropStream Unveils New Predictive AI Tool: PropStream Intelligence appeared first on RISMedia.

STOXX 600 jumps over 1% to one-week high on real-estate boost  Reuters.com

STOXX 600 jumps over 1% to one-week high on real-estate boost  Reuters

The Bel-Air home, built by Los Angeles architect Robert Byrd, saw a price reduction from $12.95 million to $9.5 million, and is set to go to auction next month if it remains unsold.

Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They're borrowing money, getting a second job and pulling from retirement to cover the cost.

The University of Michigan’s consumer sentiment index was up slightly in November, yet another increase from its 70.5 reading in October to a final reading of 71.8 in November, a 1.8% increase, according to the University of Michigan’s survey of consumers. The index also rose 17.1% year-over-year.   This is the fourth consecutive month of increases…

The post Consumer Sentiment Gets Another Bump, Up Four Months in a Row appeared first on RISMedia.

Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level policy that impacts real estate professionals. The 2024 U.S. election was a victory for the Republican party—they retained control of the House of Representatives and won control of the Senate and Presidency (winning the popular vote for the first time…

The post Legislative Round-Up: How a Republican Trifecta Could Affect Housing appeared first on RISMedia.

Think of branding as a cumulative effort, broker Nick Schlekeway writes, where each post, interaction and marketing campaign adds another layer to the image you’re building.

EXp Realty's chief marketing officer also told Inman that the company's revenue share can be life changing for some agents, and expressed cautious optimism for the housing market in 2025.

European Commercial Real Estate Sector: Credit Outlook Improves  Funds Society

10 US Cities Poised To Become Million-Dollar Markets in 10 Years  MSN

10 US Cities Poised To Become Million-Dollar Markets in 10 Years  GOBankingRates

News | BlackRock makes Thorsten Slytå head of European real estate strategic partnerships  CoStar Group

News | Greykite buys European logistics portfolio for €350 million  CoStar Group

Bids for Chinese Estates' London West End Asset Fall Short  Mingtiandi

U.S. Home Sales Jump 3.4 Percent in October  The World Property Journal

London rental market shifts as tenants get on property ladder  IFA Magazine

Broker-owner Butch Leiber offers tips for providing a higher level of service to clients and conveying a higher level of professionalism to the public.

You know that mindful practices can change how you feel and how you work, but the truth is they're often boring and hard to implement. That's actually the whole point, Aaron Hendon writes.