April 2018 Marketing Minute

Single-family home property taxes rose 3% in 2017: Attom

Attom Data Solutions, an Irvine, California, information firm, proclaims that the average property tax paid in 2017 by owners of single-family homes in the U.S. was $3,296 per house. Explore an interactive 2017 property taxes by county map and get the full scoop here.

Homebuilder sentiment slips in April due to pressure from tariffs and rising prices

The nation’s homebuilders should be ecstatic about their market. Demand is high and supply is painfully low. Builder confidence, however, is slipping, as costs for materials rise. Read on for more details

Hurdlr makes play for real estate agents with business management app

Another startup company has taken aim at the real estate business, to provide “front office” services to agents still using excel spreadsheets and paper to track their finances. Find out more about the winner of Realogy’s 2017 startup competition here.

Subprime mortgages make a comeback—with a new name and soaring demand

They were blamed for the biggest financial disaster in a century. Subprime mortgages — home loans to borrowers with sketchy credit who put little to no skin in the game. Barely a decade later, they’re coming back with a new name — nonprime — and, so far, some new standards. Check out Diana Olick’s writeup and video clip on the situation here.

NAR: Competition in Real Estate ‘Vigorous’

NAR General Counsel Katie Johnson provides a short statement ahead of a June U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) public workshop describing the state of the real estate market. Read the full post here.

QUICK LINKS

Spring Hits the Housing Market as Weekly Mortgage Applications Rise 4.9%

Disruption Coming In the Luxury Home Market

NAR Pauses Logo Release to ‘Examine‘ Redesign

“The only limit to our realization of tomorrow will be our doubts of today.”

— FRANKLIN D. ROOSEVELT,
32nd President of the United States

 

HOMES & LAND | APRIL 2018

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