It’s getting harder to make money on a home sale: ATTOM
A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent.
$3B in volume: World-record holder Ben Caballero sets new one
The Texas agent, who specializes in new construction and routinely tops industry lists, sold more than 6,000 homes last year, setting a new record.
Mr. Cooper says it will use AI to service $1 trillion in mortgage loans
The loan servicer spends “several hundred million dollars a year” on call center operations and expects $50 million in annual savings at the outset of a ‘multiyear’ artificial intelligence project.
What’s New on Prime Video and Freevee in May 2023
Amazon’s Prime Video is known to have some of the deepest pockets in the streaming biz, having recently spent more than $140 million on Daisy Jones & the Six, $175 million on The Peripheral, and $465 million on The Lord of the Rings: The Rings of Power. But even Rich Uncle Pennybags needs to skip a […]
Daily Search Forum Recap: April 27, 2023
Here is a recap of what happened in the search forums today…
Some Melatonin Gummies Are Way Stronger Than Advertised
If you’ve ever felt like your melatonin gummies hit harder than you expected, it’s possible that you didn’t actually take the dose you thought you did. In a recent study, melatonin gummies labeled as containing 3 milligrams actually had anywhere between 3.6 milligrams and a whopping 10.4, depending on brand. Read more…
These Kias and Hyundais Are Being Blacklisted by Some Insurance Companies
Car insurance companies don’t take unnecessary risks—and now, for State Farm and Progressive, many Hyundais and Kias are a risk they are not willing to take, at least temporarily. The reason? That same viral TikTok trend from the “Kia Boyz” we covered back in February, in which users learned how to easily hot-wire the… Read […]
Boomerang agents causing broker whiplash? The Download
Today’s Download focuses on agents who are heading back to where they came from after making a hasty brokerage move.
AI technologies and luxury market trends: What agents should know
Watch David Friedman and Kent Czechowski as they dive into new trends being seen in the luxury space and the influence of AI tech.
The Bronx’s Fieldston emerges as 1 of NYC’s priciest neighborhoods
In an unexpected twist, the Bronx neighborhood saw the median property value increase a stunning 149 percent year over year, bumping it into NYC’s 50 priciest ‘hoods for the first time in Q1 .
Sherry Chris, Anywhere executive and real estate titan, retires
Chris has been a leader at Anywhere for years, most recently as CEO of Anywhere Expansion Brands. She’ll continue on with the firm in an advisory role, she told Inman exclusively.
Sherry Chris, a real estate icon in ‘Pantone Pink,’ broke the mold
Over her decades-long career in real estate, Sherry Chris was the rare executive who was smart, intuitive and always fun, Brad Inman writes. “Even in retirement, she will only be a call away.”
Why You Should Wear Wireless Earbuds to Your Next Concert
Buzzkills everywhere agree: Fun as they are, attending a loud concert can damage your hearing. Plenty of venues are obnoxiously loud, and you could experience symptoms of hearing loss within just five minutes of exposure the cacophony. But if you’re someone who frequents live music gigs, your wireless earbuds can help… Read more…
Why You Might Actually Want a Grass Driveway
Cost-effective, erosion-proof, and chemical-corralling, the mighty grass driveway doesn’t get the respect it deserves. But if you have rainwater rushing down your gravel driveway, washing away dirt or leaving trenches in its wake, it might be the solution for you. Using a system of interlocking pavers, a grass… Read more…
Nobody Can Agree on What ‘Zone 2’ Cardio Is
“Zone 2” is the name the fitness world has (mostly) agreed upon to describe the low intensity cardio most of us should be doing. When you’re in zone 2, you’re working hard enough that you start breathing heavier, but easy enough you could hold a conversation. You stop a zone 2 session because your workout […]
