Get a Quote, Make a Difference With Liberty Mutual

By Susanne Dwyer

NAR_QFD_NAR_Pulse_banner

NAR PULSE—When you get a quote on home or auto insurance from Liberty Mutual, a REALTOR Benefits® Program Partner, they’ll donate $5 to NAR’s REALTORS® Relief Foundation to support survivors of disasters across America. Find out how you can save hundreds on your insurance coverage and give much-needed help to others. Offer is valid until Nov. 30, 2017. Save and support today!

Save on Products and Services You Already Use!
In just one year, over 800,000 REALTORS® saved a combined $59 million by taking advantage of at least one offering through NAR’s REALTOR Benefits® Program. Learn how you can save this year with industry-leading companies, including FCA US LLC (Fiat Chrysler Automobiles), Placester, FedEx, DocuSign and more. Learn more.

Have You Seen What’s Hidden Within the RPR® App Icon?
Introducing, digital shortcuts to the features you use most, now within the Realtors Property Resource® (RPR®) app. Known as 3D Touch on iOS and Quick Shortcuts on Android, the shortcuts are really all about efficiency, enabling users to gain quick access to favorite RPR features such as nearby properties, an agent’s current listings, recent reports and saved searches. Discover the app.

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

The post Get a Quote, Make a Difference With Liberty Mutual appeared first on RISMedia.

…read more

From:: Real Estate News

Report: American Dream Incomplete Without Homeownership, Parties Say

By Susanne Dwyer

In the country’s currently divisive environment, Democrats and Republicans agree on at least one American hallmark: homeownership.

Approximately 65 percent of Democrats and roughly 68 percent of Republicans surveyed for the Zillow® Housing Aspirations Report believe the American Dream is not complete without homeownership. According to the report, both parties believe homeownership is ideal for community relationships and raising a family, and promotes quality of life. Both also believe it “increases standing in the local community” and is “key to a higher social status.”

Additionally, both sides believe they can afford their home for as long as they would like to live in it (91 percent of Republicans and 89.6 percent of Democrats), even as prices reach—and, in some areas, shatter—records. According to the latest Zillow Real Estate Market Report, home prices increased 6.9 percent year-over-year.

The ability to afford their current home for the long term, however, means more are staying put. Forty percent of Democrat and Republican respondents on the West Coast—containing double-digit growth in many markets—do not plan to buy a home for at least five years, if at all, the report reveals.

“In a time of political division, these survey results remind us of something most Americans share: the sense that owning a home is a big part of living the American Dream,” says Dr. Svenja Gudell, chief economist at Zillow. “Homeownership—and its ability to create wealth, stability, and community—doesn’t depend on political affiliation. As we debate the national and local politics surrounding affordability and tax reform, it’s worthwhile to pause and remember a value most of us can agree on.”

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

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

The post Report: American Dream Incomplete Without Homeownership, Parties Say appeared first on RISMedia.

…read more

From:: Real Estate News

Report: American Dream Incomplete Without Homeownership, Parties Say

By Susanne Dwyer

In the country’s currently divisive environment, Democrats and Republicans agree on at least one American hallmark: homeownership.

Approximately 65 percent of Democrats and roughly 68 percent of Republicans surveyed for the Zillow® Housing Aspirations Report believe the American Dream is not complete without homeownership. According to the report, both parties believe homeownership is ideal for community relationships and raising a family, and promotes quality of life. Both also believe it “increases standing in the local community” and is “key to a higher social status.”

Additionally, both sides believe they can afford their home for as long as they would like to live in it (91 percent of Republicans and 89.6 percent of Democrats), even as prices reach—and, in some areas, shatter—records. According to the latest Zillow Real Estate Market Report, home prices increased 6.9 percent year-over-year.

The ability to afford their current home for the long term, however, means more are staying put. Forty percent of Democrat and Republican respondents on the West Coast—containing double-digit growth in many markets—do not plan to buy a home for at least five years, if at all, the report reveals.

“In a time of political division, these survey results remind us of something most Americans share: the sense that owning a home is a big part of living the American Dream,” says Dr. Svenja Gudell, chief economist at Zillow. “Homeownership—and its ability to create wealth, stability, and community—doesn’t depend on political affiliation. As we debate the national and local politics surrounding affordability and tax reform, it’s worthwhile to pause and remember a value most of us can agree on.”

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

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

The post Report: American Dream Incomplete Without Homeownership, Parties Say appeared first on RISMedia.

…read more

From:: Finance and Economy

2017 REBAC Hall of Famers Share Their Secrets to Continued Success

By Susanne Dwyer

Today, the Real Estate Buyer’s Agent Council (REBAC) boasts nearly 30,000 members and over 25,000 Accredited Buyer’s Representative (ABR®) designees.

As the industry continues to grow and flourish, REBAC singles out certain members performing exemplary acts who deserve special recognition. These outstanding ABR® designees are selected by an independent panel for inclusion in the REBAC Hall of Fame.

This year’s Hall of Fame inductees include Todd Beckstrom of ERA Wilder Realty, Inc., in Chapin S.C.; William Bodouva of Coldwell Banker Residential Brokerage in Port Washington, N.Y.; and Peggy Worcester of Weichert REALTORS® in Clarksville, Tenn.

How exactly did the latest batch of REBAC Hall of Famers elevate themselves to be the best buyer’s reps in their respective markets? Here, learn what the trio does differently to consistently keep their name and brand top of mind.

“Flexibility is crucial,” says Worcester, who works in a military market where buyers don’t have a great deal of time to view homes. “We have to be sensitive to their needs and schedule,” she adds.

Quite often Worcester will receive a phone call bright and early on any given Monday saying that her newest buyers are coming to town for the weekend…and plan to return to duty the following Monday having purchased a home.

On the other hand, Beckstrom says he starts every relationship with a mandatory buyer consultation where he’s asking a lot of questions—his favorite coming from a colleague he worked with many years ago.

“She would answer the phone and establish rapport with the caller, and then I’d hear: ‘Tell me about your situation.’ I think you get so much more honesty and information with this one inquiry,” says Beckstrom, who focuses on determining the client’s ‘why’ during buyer consultations. “Getting to ‘why’ is important because it allows me to truly understand their motivation and keep them focused.”

But Beckstrom doesn’t just educate his buyers. In fact, he wrote a patented algorithm to help his clients analyze any market segment anywhere in the world for supply and demand.

“The program takes 15 minutes to run, and my buyer becomes an instant expert on market conditions. They understand what it will take to buy the type of house they want after using my program at howisthemarket.net,” says Beckstrom.

Bodouva earned his International President’s Elite Award (given to the top 2 percent of all sales associates/representatives worldwide in the Coldwell Banker System) with a well-practiced system that consistently elevates him to best-in-class status among his market’s buyer’s representatives.

“I try to remain current with all the things that can and do affect real estate markets so I can offer accurate and relevant information, always being careful not to overstep my role as a broker,” says Bodouva. “Then, I read, learn, read more and share. By sharing my professional knowledge without a self-serving agenda, my professional reputation continues to grow year after year.”

The REBAC Hall of Famer also networks in many professional associations, carefully monitoring the ever-changing needs of buyers and sellers alike.

To that end, he’s working on a program where international buyers relocating to the …read more

From:: Real Estate News

Oil prices settle at a more than 1-week low

Oil prices dropped Tuesday to settle at their lowest level in more than a week. The International Energy Agency said Tuesday that rising U.S. shale oil production could keep a lid on prices. The Paris-based agency also cut its global crude-demand outlook for this year and next. Traders now await weekly supply data from the American Petroleum Institute later Tuesday and the Energy Information Administration due Wednesday. Analysts polled by S&P Global Platts expect the EIA to show a weekly decline of 1 million barrels in U.S. crude stockpiles. December West Texas Intermediate crude fell $1.06, or 1.9%, to settle at $55.70 a barrel on the New York Mercantile Exchange.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Senate Republicans strongly consider adding Obamacare mandate repeal to tax bill: report

Republican senators are strongly considering adding a repeal of Obamacare’s individual insurance mandate to a new version of their tax bill, Politico reported Tuesday. Senate Finance Committee Chairman Orrin Hatch is expected to introduce a new version of the bill in the afternoon, and said he’s “never been enthused about the mandate.” Repealing Obamacare is a longstanding Republican policy goal. Last week, the Congressional Budget Office said repealing the individual mandate would leave 4 million more people uninsured next year. President Donald Trump has pressed Congress to end the mandate, most recently on Monday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Gold ends higher as U.S. dollar index falls to a nearly 3-week low

Gold prices ended higher Tuesday for a second-consecutive session, buoyed by a weaker dollar, which pushed the ICE U.S. Dollar Index to its lowest level in nearly three weeks. The dollar index was down 0.7% as the euro rallied on the back of strong German economic data. December gold rose $4, or 0.3%, to settle at $1,282.90 an ounce.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Amazon homing in on medical devices/supplies, not pharma: Jefferies

The possibility of online retailer Amazon.com Inc. entering the pharmaceutical industry has sent the stocks of drug distributors and pharmacy-benefit managers quaking in recent months, but a new report from Jefferies analysts suggests that Amazon is instead homing for the medical devices and supplies industries. Correspondence between two state pharmacy boards and Amazon reveals that those state licenses can only be used for medical device and supplies distribution, the Jefferies report said, based on information that was obtained through a Freedom of Information Act request. This direction was likely chosen to avoid “the more comprehensive regulatory requirements associated with the Wholesale Drug Distribution Act,” Jefferies analyst Brian Tanquilut said. That has created an overhang on stocks like AmerisourceBergen Corp. , Cardinal Health Inc. , McKesson Corp. , Express Scripts Holding Co. , CVS Health Corp. and Walgreens Boots Alliance Inc. ; “Unfortunately, we believe only time will refute these investor concerns,” he said. Amazon shares have surged 15% over the last three months, compared with a 4.5% rise in the S&P 500 and a 6.6% rise in the Dow Jones Industrial Average .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Overcoming Statute of Limitations in Foreclosures

hallenges to mortgage lenders and servicers’ right to foreclose based on the expiration of the statute of limitations are rapidly increasing in the Pacific Northwest and Southwest regions.

Consumer attorneys are now representing borrowers in a winner-take-all bid to avoid repayment of their home loan and simultaneously prevent servicers from ever foreclosing and recovering the principal owed.

However, two strategies for defeating these claims are now gaining acceptance: waiver of acceleration and tolling due to bankruptcy.


…read more

From:: Financing

FBI probing Russian payments labeled ‘to finance election campaign of 2016’: report

The FBI is scrutinizing more than 60 money transfers sent by the Russian foreign ministry to its embassies across the globe, BuzzFeed News reported, citing agency sources. Most of the transfers had a note that said the money was to be used “to finance election campaign of 2016.” Seven nations, including the U.S. and Russia, had federal elections during the span when the funds were sent, the report notes. The transfers moved through Citi accounts and totaled more than $380,000, the report said. Citi turned over a range of documents on more than 650 suspicious transactions, not all of which are related to the election.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News