Real Estate

What You Can Do That Disruptors Can’t

Nar Daily News Magazine - Tue, 2017-08-15 00:00

How real estate professionals are in control of navigating their business and the industry through constant change.

‘This Ain’t Your Daddy’s Association Anymore’

Nar Daily News Magazine - Tue, 2017-08-15 00:00

NAR leaders reveal plans to address swift changes in the real estate industry and invite REALTORS® to join in the hard work of mapping the...

Does Your Listing Pass the Interior Design Test?

Nar Daily News Magazine - Tue, 2017-08-15 00:00

See your listing through a new lens to make sure its interior is ready for showing clients. 

More Buyers Putting Down Less on a Home

Nar Daily News Magazine - Tue, 2017-08-15 00:00

A 20 percent down payment is no longer the norm. 

Foreign Buyers Spend 30% More on Homes

Nar Daily News Magazine - Tue, 2017-08-15 00:00

Foreign buyers continue to outspend domestic buyers in the U.S. and make all-cash purchases at higher rates. 

NAHB: Builder Shortage Is Getting Worse

Nar Daily News Magazine - Tue, 2017-08-15 00:00

With a call for more inventory, many builders are pressed to meet demand.

Are You Checking Email on Vacation?

Daily Real Estate News - Mon, 2017-08-14 15:45

(TNS)—How does the U.S. stack up when it comes to taking vacation time?

As vacation spending in the U.S. surpasses $1 billion, people are definitely getting away more—but what is the quality of that vacation actually looking like?

An Ipsos Global poll looked at the way the world vacations and found that more and more people are spending time away from home, but fewer are fully disconnecting while gone.

Six in 10 respondents in the 25 countries surveyed said they have spent or would spend at least one full week away from work.

The three countries where the most people take a vacation away from home are India (80 percent), Great Britain (72 percent) and China (70 percent). There were just three countries where a majority said they would not be taking time away from work and home life: Hungary, South Korea and Japan.

In the U.S., 61 percent said they would likely spend a week or more on vacation.

Across all countries, 65 percent of travelers said they use all of the vacation time that they are given; however, this number has fallen over the past decade, declining the most in China, Japan, Italy and Australia.

While people are taking more time away from home, that doesn’t mean they are disconnecting. Less than half of respondents say they don’t check work emails when on vacation. This was slightly better in the U.S., where 52 percent say they don’t check their emails while away.

Since 2009, the number of those who check work messages increased across almost all countries surveyed.

Where are people staying the most connected? Vacationers in Italy, Japan, Spain and Belgium can’t seem to put their phones and laptops away while they are away. There are just two countries where the number of people staying in touch with work has decreased: Mexico and Brazil.

Overall, a strong majority of Americans have or plan to take time off this year. What we really need to work on is putting the phone down when we do.

©2017 Travelpulse
Visit Travelpulse at www.travelpulse.com
Distributed by Tribune Content Agency, LLC

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Digital Marketing Is Key, REALTORS® Say

Nar Daily News Magazine - Mon, 2017-08-14 00:00

Real estate pros plan to devote more time and money to social media marketing. Find out what type of content REALTORS® are posting to garner...

Best, Worst Careers for Down Payment Savings

Nar Daily News Magazine - Mon, 2017-08-14 00:00

Consumers working in some industries may need just one year to save enough for a down payment on a home, while other professions may require up to...

The Trendiest Design Style in Your State

Nar Daily News Magazine - Mon, 2017-08-14 00:00

Are you more of a Victorian or Bohemian type of place? Learn the most-searched interior design terms in each state, and what’s trending...

Owners Tap Equity to Start Businesses

Nar Daily News Magazine - Mon, 2017-08-14 00:00

Home equity isn’t just used for renovations. Many homeowners turn to it for the capital they need to launch a new business. 

Solar Eclipse May Impact Solar Panel Users

Nar Daily News Magazine - Mon, 2017-08-14 00:00

The eclipse is expected to stretch across 14 states and likely will obstruct up to 9,000 megawatts of solar power. Utility companies are already...

Millennial Pet Peeve: Calling Them Millennials

Nar Daily News Magazine - Mon, 2017-08-14 00:00

The generation is expected to make a big splash in real estate, but they really can’t stand to be labeled. 

Want to Save for a Down Payment? Skip the Pre-Wedding Shenanigans

Daily Real Estate News - Sun, 2017-08-13 13:03

Would-be homeowners can easily plunk down savings for a home—if they forgo their friends’ one last hurrah before the big day.

A recent report by Zillow reveals the cost of destination bachelor or bachelorette parties can equal up to one-third of a down payment on a median-priced home. With attendees spending an average $1,106 (for destination bachelorette parties) and $1,532 (for destination bachelor parties), according to The Knot, partaking in just nine pre-marriage celebrations—or three each year for three years—would total 34 percent, or $13,788, of a 20 percent down payment on a median-priced home.

Without question, the amount of parties needed to rack up one-third of a down payment varies by market:

Bachelor and bachelorette getaways are just one of several stereotypically “millennial” spending choices called into question as of late. Earlier this year, one real estate developer singled out avocados, telling Australia’s “60 Minutes”: “When I was buying my first home, I wasn’t buying smashed avocado for 19 bucks and four coffees at $4 each.”

“Buying a home is one of the most expensive purchases someone will ever make, and for most first-time buyers, that means years of saving money to afford a down payment,” says Jeremy Wacksman, CMO at Zillow. “Attending your friends’ bachelor or bachelorette parties can be a trip of a lifetime. While everyone’s budget and priorities are different, big-ticket expenses like vacations can add up surprisingly quickly—a lot faster than a $19 avocado toast.”

For more information, please visit www.zillow.com.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at [email protected].

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

The post Want to Save for a Down Payment? Skip the Pre-Wedding Shenanigans appeared first on RISMedia.

New Twist Revealed in Beverly Carter Case

Nar Daily News Magazine - Fri, 2017-08-11 00:00

The couple that kidnapped and killed Arkansas real estate agent Beverly Carter in 2014 used an app to give a false impression of where they were...

2 Major Reasons Why Inventory Is So Low

Nar Daily News Magazine - Fri, 2017-08-11 00:00

The number of homes for sale is the lowest it’s been in two decades, but that may have less to do with market fundamentals than you think....

Is Housing Affordability Actually Improving?

Nar Daily News Magazine - Fri, 2017-08-11 00:00

Growing incomes and low mortgage rates are helping to offset rising home prices in more markets, according to a new index.

Scam Dupes D.C. Home Buyers Out of $1.5M

Nar Daily News Magazine - Fri, 2017-08-11 00:00

A couple lost a fortune in the purchase of their dream home in Washington, D.C., because of a real estate scheme that is...

Mortgage Rates at Lowest Point in 6 Weeks

Nar Daily News Magazine - Fri, 2017-08-11 00:00

The 30-year fixed-rate mortgage reversed course this week, averaging 3.90 percent. 

Largest Institutional Landlord Merger Proposed

Nar Daily News Magazine - Fri, 2017-08-11 00:00

Under the plan, Invitation Homes and Starwood Waypoint Homes would own 82,000 single-family rentals in more than a dozen major markets.