REAL ESTATE

By Inman News Feed

Fed affirms plans for rate liftoff, but mortgages are another story

First the facts, then the ponderables. Long-term U.S. interest rates fell again today, now to a 20-month low. The 10-year T-note broke through the 1.7 percent prior low to 1.66 percent, down from 1.85 percent on Monday and from 2.3 ...

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Posted Jan. 30, 2015

REAL ESTATE

By Inman News Feed

Florida Realtors have new CEO, mum on predecessor’s departure

The 140,000 members of Florida’s statewide Realtor association are getting a new CEO — Michigan Realtors CEO Bill Martin — but leaders of the Florida association are saying little about the departure of his predecessor, John Fridlington, who worked for ...

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Posted Jan. 30, 2015

What's Your Home Worth?

The Zestimate (pronounced ZEST-ti-met, rhymes with estimate) home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is pulled from data; your real estate agent or appraiser physically inspects the home and takes special features, location, and market conditions into account. Variations in price also occur because of negotiating factors, closing costs, and timing of closing....

Provided by Zillow

REAL ESTATE

By Inman News Feed

How to break into luxury real estate

The path to becoming a “luxury agent” isn’t always a long and arduous journey. Sometimes agents can take a quantum leap into the niche. That’s what happened with one greenhorn that Diane Ramirez, CEO of New York City-area brokerage Halstead Property, hired ...

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Posted Jan. 30, 2015

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