Real Estate

Why Your Clients Hate Automated Messages

Nar Daily News Magazine - Fri, 2018-01-19 00:00

Only 14 percent of consumers say they will respond to a message they perceive to be automated, while the rest say they’ll ignore it and move...

Have We Seen the Last of 3% Mortgage Rates?

Nar Daily News Magazine - Fri, 2018-01-19 00:00

For the first time since last summer, the 30-year fixed rate mortgage shot above 4 percent.

Where Amazon’s HQ2 May Help Housing Most

Nar Daily News Magazine - Fri, 2018-01-19 00:00

As the tech giant eyes 20 cities as finalists to be the home base of its second headquarters, these are the markets that stand to gain the most...

‘Disappointing’ Housing Starts Close Out 2017

Nar Daily News Magazine - Fri, 2018-01-19 00:00

Fewer new homes entered the construction pipeline at the end of 2017, further depressing already low inventory levels in many markets.

6 Steps to Update Your Company Culture

Nar Daily News Magazine - Fri, 2018-01-19 00:00

Changing with the times is important to a brokerage’s long-term success. If your company needs a refresh, here’s how to get there.

Zillow Faces New Lawsuit Over ‘Zestimates’

Nar Daily News Magazine - Fri, 2018-01-19 00:00

In a lawsuit filed this week, a New Jersey brokerage is accusing Zillow of hiding its home valuation tool on certain residential listings at the...

NAR Leaders Are Well-Represented in Power Rankings

Nar Daily News Magazine - Thu, 2018-01-18 00:00

Elizabeth Mendenhall is the first NAR president to be named twice to the prestigious list of real estate industry leaders.

Fannie Offers ‘Healthy Housing’ Incentive

Nar Daily News Magazine - Thu, 2018-01-18 00:00

A new program gives financial motives to multifamily owners who are providing services that improve the health and well-being of tenants...

Report: Homes Are Getting Even Less Affordable

Nar Daily News Magazine - Thu, 2018-01-18 00:00

All four regions saw a decrease in affordability compared to a year ago, with the Midwest seeing the deepest cut.

Foreclosed Homes Dip to 12-Year Low

Nar Daily News Magazine - Thu, 2018-01-18 00:00

Foreclosure activity plunged in 2017, and the distressed properties remain increasingly difficult to find in many markets. 

Housing Advocates Push for Rent Control

Nar Daily News Magazine - Thu, 2018-01-18 00:00

With rising rents, advocacy groups are urging lawmakers to pass laws that cap just how much rents can go up.

Study: Top 10 Most Trusted Builders

Nar Daily News Magazine - Thu, 2018-01-18 00:00

See the homebuilders that consumers depend on the most. 

Loan Demand Jumps Over Fears?

Nar Daily News Magazine - Wed, 2018-01-17 00:00

Interest rates are on the rise but mortgage applications are still rising, a change from normal patterns. 

Builders Reveal Top 10 Biggest Concerns

Nar Daily News Magazine - Wed, 2018-01-17 00:00

Homebuilding still isn't proceeding fast enough to keep up with the demand. Why not? Builders point to several reasons.

The Fastest Growing States May See Housing Boom

Nar Daily News Magazine - Wed, 2018-01-17 00:00

Population growth is far from even across the country. The South and West are seeing the bulk of the increases, while the Northeast and Midwest...

Starved for Inventory, Some Cities Eye ‘Granny Flats’

Nar Daily News Magazine - Wed, 2018-01-17 00:00

“This is going to be a major piece of the solution to our housing crisis in the next decade,” a representative on the Bay Area Council...

The Most Affordable Beach Towns in the U.S.

Nar Daily News Magazine - Wed, 2018-01-17 00:00

For buyers who dream of living near the water, they still may be able to snag a property along the water at a bargain price in some locales....

Work With the Deaf Without Sign Language

Nar Daily News Magazine - Wed, 2018-01-17 00:00

While sign language is a useful tool for working with the deaf or hard of hearing, it isn't a requirement. Learn these tips and etiquette...

Home Laundry: To Vent or Not to Vent

Daily Real Estate News - Tue, 2018-01-16 15:30

I once believed it was a forgone conclusion that when adding certain laundry appliances to a home, it would mean installing exhaust ducting and cutting a hole to the outside for venting.

However, a recent report from Michele Weaver at Design Basics, LLC highlighted a growing trend in ventless dryers that can be easily located and relocated within a home because vent piping, exhaust holes and venting to the outside are not needed.

The mechanics of a home dryer can cause energy and safety problems if lint becomes trapped in the vent. This demands more energy use and frequent cleaning. Weaver believes one of the major trends consumers will be seeing in these key appliances will be the further refinement of ductless technology.

She says vent hoses snaking through a home’s framing have become a leading cause of the 2,900 (average) home clothes dryer fires reported annually, according to the U.S. Fire Administration.

J.D. Wollf at HomeSteady.com recently explained that a ventless or condenser dryer— also known as a Heat Pump Clothes Dryer (HPCD)—doesn’t need a vent because instead of expelling the hot, moist air, a heat exchanger removes the moisture from the hot air and “recycles” it, passing it back through the drying clothes. The excess water is then drained away or caught in a container that is later emptied.

The trade-off for energy savings and safety is a requirement for slightly more maintenance than vented dryers. Wollf says the condensing unit must be cleaned about once a month to remove any lint.

A study at the Florida Solar Energy Center at the University of Central Florida states that while an unvented HPCD uses less electricity than a standard resistance dryer, it was found to release significantly more heat than a conventional dryer during operation, demanding additional cooling energy that may compromise overall savings.

However, the study points out that with a current retail cost of $948, there is only a small premium on the HPCD dryers, making them cost-effective when chosen at time of replacement.

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The post Home Laundry: To Vent or Not to Vent appeared first on RISMedia.

What Your Broker Is Worried About

Nar Daily News Magazine - Tue, 2018-01-16 00:00

Real estate companies nationwide reveal the most pressing issues they face in 2018.