Lennar Corp. and CalAtlantic Group, two of the country’s largest residential builders are merging to form America’s largest home builder in a $9.3 billion deal. The merger will cover around 240,000 building plots or home sites in 21 states, and the combined company will have about $18 billion in market capitalization.Lennar and CalAtlantic operate in 31 of the same markets nationwide. CalAtlantic, however, will bring new markets such as Salt
From the artwork to the odor, your listing may be inadvertently giving buyers the creeps. Realtor.com® recently interviewed real estate professionals about the items that have scared off their buyers the most during showings. Here are the top five spooks. Doors with too many locks. If the doors have more than the standard two locks, your buyer may wonder if something happened on the premises to make the seller feel unsafe, says Glenn Phillips,
Why baking cookies just isn't going to cut itI love the smell of freshly cut grass.It evokes memories of spending pleasant summer evenings out on my deck with friends, watching my horses frolic in lush green pastures and the sun setting in a stunning watercolor painting of gorgeous color and light.To me, the fragrance of “eau de mow” is the equivalent of bottling up the feeling of great times with amazing people in my favorite place in the wo
iPro currently deals throughout the states of California and Texas with new offices in New York and Florida. The company continues to strive and broaden opportunities for real estate professionals and consumers. Visit www.iprore.com for the latest information and links.Click here for information on becoming a salesperson
Listing prices for residential homes remained near record highs in October, according to a preliminary analysis by realtor.com®. The median list price nationwide was $274,000, near the $275,000 record set in June.One point of relief for “market-fatigued buyers” who’ve faced low inventories for the past few years is that supplies of new listings are up slightly from a year ago, says Danielle Hale, realtor.com®’s chief economist. By the e
Where you live may be the most important determining factor when it comes to whether you survive an apocalyptic disaster. “Finding yourself in a highly populated urban center, competing with violent crowds for dwindling resources, will usually not end well. If the scarcity doesn’t get you, the resulting chaos certainly will,” Richard Duarte, a personal injury attorney in Miami and author of Surviving Doomsday, told realtor.com®. “On the
In a sign that tight inventory may be loosening, 54 percent of U.S. housing markets saw an uptick in the annual rate of vacant properties in the third quarter of this year, according to ATTOM Data Solutions’ 2017 U.S. Residential Vacant Property and Zombie Foreclosure Report. Nearly 1.4 million homes—or 1.58 percent of all residential properties—were vacant at the end of the third quarter. That’s down slightly from a rate of 1.63 percent
Researchers in a new study appearing in the Journal of Housing Research investigated whether an agent’s looks could influence buyers’ overall impression of online property listings. About 1,500 home buyers took an online audiovisual tour of a typically priced home in their area hosted by one of eight agents varying in gender, attractiveness, and pathos—or how they enhance “the verbal description of the property with superlatives,” the
With steady job growth, mortgage rates near record lows, and escalating rental costs nationwide, the market is favorable for first-time home buyers—yet their share of overall purchase activity this year is approaching a 36-year low, according to the National Association of REALTORS®’ 2017 Profile of Home Buyers and Sellers. First-time buyers accounted for 34 percent of home sales this year, the fourth lowest share since 1981. It’s not bec
Complacency is the enemy of progressKey Takeaways Even experienced pros take themselves, their clients and their databases for granted. These mistakes are costly to one’s career.No matter how long you’ve been in the real estate business, we all fall into old habits and similar routines at some point. As a 20-year real estate veteran, I’ve seen a lot of mistakes made, even by the most seasoned real estate agents. Here are five of my favorit
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