Real Estate

Townhome Boom Opens Up Entry-Level Inventory

NAR Daily News Magazine - March 11, 2019 - 1:00am

Construction of this type of housing is poised for further expansion as more renters enter the sale market.

Categories: Real Estate

Where Homes Are Selling the Fastest

NAR Daily News Magazine - March 11, 2019 - 1:00am

In February, the typical property sat on the market for 83 days. But they’re moving much quicker in these cities.

Categories: Real Estate

Buyers Face a Brighter Affordability Picture This Spring

NAR Daily News Magazine - March 11, 2019 - 1:00am

Slower home price growth, deflated sales, and lower mortgage rates could create abundant opportunities for those who are shopping for a home.

Categories: Real Estate

Stats Show Smart Home Systems Dominate Consumer Focus

Daily Real Estate News - March 10, 2019 - 1:04pm

These days, smart home IT devices can handle nearly everything, from prepping your morning coffee and turning on lights as it gets dark to activating smart cooking and cleaning appliances that prepare your dinner or vacuuming the living room before you get home.

These smart home practices are only growing; the advanced electronics industry is banking on the fact that a lot more of us are going to go high-tech in the coming year or so.

According to the Consumer Technology Association’s report, “U.S. Consumer Technology Sales and Forecasts,” artificial intelligence (AI), voice-recognition technology and fast connectivity—critical ingredients for smart speakers, smart home technologies and smartphones—has helped spur overall U.S. consumer technology spending by 6 percent in 2018 (to $377 billion in retail sales).

Key categories projected to contribute significantly to overall unit and revenue growth include:

  • Smart speakers are experiencing a meteoric rise not seen since tablets. The CTA expects the category to sell 39.2 million units, growing 44 percent in a year, and reaching 64 percent growth after only three years on the market.
  • The CTA expects smart home device sales—including smart thermostats, smart smoke and carbon monoxide detectors, IP/Wi-Fi cameras, smart locks and doorbells, smart home systems, and smart switches, dimmers and outlets—will increase 43 percent.
  • Whole Home Wi-Fi Solutions also known as mesh networks are experiencing substantial growth due to their simple home network set-up and ability to provide strong internet coverage throughout the home. The CTA expects these devices will cross the $1 billion revenue milestone for the first time in 2018—a 103 percent bump since 2017.

Don’t look (up) now, but the CTA says total drone sales are expected to reach 3.4 million units (an 8 percent increase) and just over $1 billion in revenue as more consumers and businesses adopt drones for photography and recreational uses.

In addition, the CTA’s report anticipates fitness activity trackers, other health and fitness devices, smartwatches, personal sound amplification products and sports tech like smart baseball bats or basketballs will reach sales of 46.1 million units.

John Voket is a contributing editor to RISMedia.

The post Stats Show Smart Home Systems Dominate Consumer Focus appeared first on RISMedia.

Categories: Real Estate

Your City Ranked on Housing Vacancies

NAR Daily News Magazine - March 8, 2019 - 2:00am

The number of vacant homes can greatly affect the health of a market. Where does your city fall on the high to low spectrum on its vacancies?

Categories: Real Estate

Mortgage Rates Inch Up This Week

NAR Daily News Magazine - March 8, 2019 - 2:00am

After weeks of declines, mortgage rates reversed course. But good news: They’re still lower than a year ago.

Categories: Real Estate

How Does Your Listing Make Buyers Feel?

NAR Daily News Magazine - March 8, 2019 - 2:00am

Your reaction to how a home looks inside can influence your stress level and affect your health.

Categories: Real Estate

How Do Travelers Feel About Pets on Planes?

Daily Real Estate News - March 7, 2019 - 5:13pm

(TNS)—The concept of pets on planes has become a hot-button issue of late as emotional support animals have become more prominent than ever—the use of emotional support animals on planes rose by 74 percent in 2017—leading to several troubling mid-flight incidents, complaints from flight crew and prompting some airlines to change their policies.

Pet Life Today recently surveyed more than 980 people who traveled by plane last year to examine travelers’ attitudes regarding dogs, cats and other animals on planes. According to the study, only about one in four pet owners (28 percent of cat owners and 27 percent of dog owners) feel that their pets are safe traveling in the cargo hold. In 2017, 24 animals died in the cargo holds of planes; however, that figure represents just a tiny percentage of the nearly 507,000 pets that flew on planes that year.

While 21.7 percent of respondents said they had difficulty with their airline when traveling with their pet, more than two-thirds of travelers (70.3 percent) indicated that they would fly with their pet again.

Moving is the most common reason travelers bring their pets on planes, with 47.6 percent of cat owners and 44.3 percent of dog owners citing relocation as the primary reason. Meanwhile, roughly one-quarter of pet owners said they’ve flown with their furry family members simply because they wanted to.

Other leading reasons why travelers bring their pets along for the journey include traveling for a long period of time; not being able to find a pet sitter at home; and emotional support or assistance.

Being afraid for their animal’s safety is the top reason pet owners ultimately decide not to travel with their four-legged companion, followed by concern that they won’t behave and added cost.

Flight times matter also. The study found that a majority of pet parents are only comfortable bringing their animals on flights lasting five hours or less.

When it comes to the different species of service animals and pets, dogs are the most welcome on airplanes, with 85.7 percent of respondents believing service dogs should be allowed in the cabin and 60.9 percent believing pet dogs should be allowed to sit with their owner. Cats and rabbits are less desirable among air travelers, with roughly 50 percent and 30 percent of travelers believing they should be allowed to travel in the cabin, respectively.

Interestingly, 25 percent of people believe that no pets should be allowed to travel in the airplane cabin.

Non-pet owners are most concerned about sounds (62.2 percent), smell (61.2 percent) and passenger safety (51 percent) when flying with animals, while 23.5 percent of pet owners say they have no concerns at all. 

©2019 Travelpulse
Visit Travelpulse at www.travelpulse.com
Distributed by Tribune Content Agency, LLC

The post How Do Travelers Feel About Pets on Planes? appeared first on RISMedia.

Categories: Real Estate

Report: Homeowners 8% Richer Over the Past Year

NAR Daily News Magazine - March 7, 2019 - 2:00am

The average owner has gained $9,700 in home equity between the fourth quarter of 2017 and fourth quarter of 2018. See the breakdown by state.

Categories: Real Estate

Biggest Challenges For Real Estate Firms Over Next 2 Years

NAR Daily News Magazine - March 7, 2019 - 2:00am

New technology, nontraditional competition, and housing affordability top the list of challenges facing brokerages. Read more from NAR’s 2019 Profile of Real Estate Firms report.

Categories: Real Estate

The 20 Hottest Housing Markets in February

NAR Daily News Magazine - March 7, 2019 - 2:00am

Realtor.com® releases its monthly list of the top-performing housing markets in the nation that are seeing some of the most views online and fastest home sales.

Categories: Real Estate

Spring Home Design Trends Are Getting Warmer

NAR Daily News Magazine - March 7, 2019 - 2:00am

Interior palettes are shifting from cool-toned grays to lighter shades of brown. Homebuilder PulteGroup’s design team weighs in on what looks they’re watching for in 2019.

Categories: Real Estate

Presenting the 2019 30 Under 30 Finalists

NAR Daily News Magazine - March 6, 2019 - 2:00am

Fifty young real estate professionals have advanced toward the goal of becoming a member of the 2019 Class of 30 Under 30, and you can support your favorite in the Web Choice online voting.

Categories: Real Estate

Visa Program Is Bringing More Vietnamese Investors to U.S.

NAR Daily News Magazine - March 6, 2019 - 2:00am

A green card in exchange for investing in U.S. real estate is proving to be a strong lure to Vietnamese investors.

Categories: Real Estate

Sotheby’s Brings Its Businesses Under One Roof

NAR Daily News Magazine - March 6, 2019 - 2:00am

Company execs say this isn’t a cost-cutting measure but a strategic move for expansion.

Categories: Real Estate

Survey: Homeownership Still Hallmark of American Dream

NAR Daily News Magazine - March 6, 2019 - 2:00am

Consumers place homeownership higher than retirement and having a successful career, a new survey shows.

Categories: Real Estate

Where Buying Beats Renting in Savings

NAR Daily News Magazine - March 6, 2019 - 2:00am

For average-sized homes, buying a home is usually a better deal than renting, a new study confirms.

Categories: Real Estate

Lower Mortgage Rates Give New-Home Sales Best Month Since Spring

NAR Daily News Magazine - March 6, 2019 - 2:00am

Housing affordability remains a challenge in many markets, but recent decreases in mortgage rates are giving the new-home market a boost.

Categories: Real Estate

Compass Swoops in on Another Mega Real Estate Acquisition

NAR Daily News Magazine - March 5, 2019 - 2:00am

The New York-based real estate brokerage continues its purchasing spree.

Categories: Real Estate

10 Cities With High Ownership Rates for Low-Income Families

NAR Daily News Magazine - March 5, 2019 - 2:00am

Find out which metros offer the most options for low-income households to get a foot in the door on homeownership.

Categories: Real Estate
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