• Articles

    Local Realtors agree: ‘No housing shortage’

    A SPECIAL ONE-HOUR EDITION OF WORLD NEWS FOLLOWS THIS NEWSCAST. STEPHANIE: AMERICA IS EXPERIENCING A HOUSING SHORTAGE. THAT’S ACCORDING TO A NEW REPORT BY TRULIA INVENTORY AND PRICE WATCH. THE REPORT SUGGESTS NOT ONLY ARE THERE FEWER HOMES AVAILABLE TO BUYERS OF ALL INCOME LEVELS, BUT NEW HOME OWNERS ARE WORSE OFF THEN THEY’VE BEEN IN YEARS. WE SPOKE TO A LOCAL REALTOR TO FIND OUT IF THAT SAME HOUSING SHORTAGE IS HAPPENING HERE IN SOUTH FLORIDA.>>PERSONALLY I HAVE NOT EXPERIENCED A HOUSING SHORTAGE. IT’S A PRICING CHALLENGE. WE HAVE A LOT OF PEOPLE WHO ARE DESIRING TO CASH OUT AFTER THE GREAT FALL, AND SO THEY WILL PUT THEIR…

  • Articles

    Las Vegas real estate market highly overvalued!

    Las Vegas real estate market highly overvalued In this video, we will discuss the great price gains in the Las Vegas real estate market in the first 5 months of 2018 and then point out the fatal error in Fitch Rating report which claims that home prices are overvalued by 21.3% here. Las Vegas real estate market for single family homes This graph shows the active listing inventory of single-family homes from May 2016 to May 2018. Up to October 2016, the active listing inventory hovered around 9500 listings. Then within 4 months, it dropped to less than 8,000. By January 2018 it further dropped to about 5500 listing before…

  • Real estate and housing market trends 2019 | Too late to buy a house??
    Articles,  Blog

    Real estate and housing market trends 2019 | Too late to buy a house??

    In this video we’ll look at the top real estate and housing trends for 2019, from the product side to the financing side. That’s starting right now. Welcome to Home Buyers School, Brought to you by Brookfield Residential. Hi everyone, I’m Karl, welcome to another Home Buyer School video. A channel where you get the latest strategies tactics and tips from home buying experts. And remember if this is your first time on this channel and you want to get the latest strategies from the experts hit the subscription button below. Hit the little notification bell so you don’t miss anything. So today I’m joined by Kevin French, a realtor…

  • Zillow Is Offering $1 Million and a Job to Anyone Who Can Help Improve Zestimate
    Articles,  Blog

    Zillow Is Offering $1 Million and a Job to Anyone Who Can Help Improve Zestimate

    >>SCOTT GAMM: All right joining me now live on the floor of the New York Stock Exchange is Zillow CEO Spencer Rascoff and Spencer I know you have a pretty big announcement where someone could win a $1 million prize.>>SPENCER RASCOFF: Yeah. This estimate is it really accurate computer model about home values. But we think others can help improve it even more so a year ago when we launched. Estimates had a 14 percent error rate. Now today a 5 percent error rate. The Zillow prize allows data scientists computer engineers statisticians economists anybody to compete if you can beat this estimate and prove it than a million dollar…

  • Home Sellers Might Be Getting Ripped Off By Realtors
    Articles,  Blog

    Home Sellers Might Be Getting Ripped Off By Realtors

    We’ve done a lot of talking throughout the years here on Ring of Fire, about powerful lobby groups here in the United States. But one that’s kind of flown under the radar is the National Association of Realtors. Now, believe it or not, this is actually an exceptionally powerful lobbying organization in Washington DC. They pull a lot of weight and as such, you may have noticed last time you sold a house or maybe you bought a house that you had a really, really high realtor fee on there. In fact, according to a recent lawsuit, we here in the United States are paying double what realtors actually charged…

  • Difference Between Realtor and Real Estate Agent / Hire Smart!
    Articles,  Blog

    Difference Between Realtor and Real Estate Agent / Hire Smart!

    – Hello, everyone. Ady Simion, Coldwell Banker. Today, I want to talk to you about the difference between being a Real Estate Agent and being a Realtor. Those two words seems to be confusing. Seems to be, a lot of people think are the same thing, but they’re not. Being a Real Estate Agent is simply a person that has a license to sell Real Estate. They belong to a company, could be Coldwell Banker, RE/MAX, Keller Williams, whatever, or small brokerages. And they are Real Estate Agents. Now, do you know what a Realtor is? A Realtor is a Real Estate Agent that actually belongs to the National Association…

  • Looking For A Home Buyer? Now Zillow’s In The Market
    Articles,  Blog

    Looking For A Home Buyer? Now Zillow’s In The Market

    AND A BIG REVEAL IN WESTMINSTER WHEN A FAMILY LEARNS THEIR HOME WAS RENOVATED FOR FREE. NEW OPTION, FROM ZILO. WE HEARD ABOUT THE PROGRAM AND WE WERE CURIOUS IF ANYONE IS USING IT. WE DID FIND A SELLER, KAREN, WHILE THE WOMAN YOU MET SAYS IT WENT WELL THAT IS NOT FOR EVERYONE? Reporter: JIM, REALLY THAT IS THE KEY. THIS IS FOR HOMEOWNERS WHO ARE LOOKING FOR SOMETHING DIFFERENT, MORE CONVENIENCE, LESS HASTLE, THE TRADE IS YOU DON’T GET THE BEST PRICE. Reporter: WHEN SHE WAS READY TO PUT THE HOME ON THE MARKET SHE STARTED THINKING ABOUT THE WORK THAT COMES WITH IT. THE HOME IS A…