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Showing posts from May, 2017

Zillow ‘Instant Offers’ launches in two cities to test quick-and-easy option for home sellers

Zillow ‘Instant Offers’ launches in two cities to test quick-and-easy option for home sellers by Kurt Schlosser on May 22, 2017 at 2:51 pm May 22, 2017 at 2:51 pm Post a Comment Share  205 Tweet Share  194 Reddit Email GeekWire Cloud Tech Summit tix here! (Zillow Image) Zillow has waded into the complicated and sometimes lengthy process of selling a home by launching a new product on Monday called Instant Offers. The new initiative, being tested in Las Vegas and Orlando, Fla., is billed as a way for homeowners to avoid traditional hassles and sell quickly. (Zillow Image) According to a news release from the Seattle-based real estate media company, Instant Offers connects homeowners to offers f

Real Estate Lessons From An Economist That Died Over 100 Years Ago

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Real Estate Lessons From An Economist That Died Over 100 Years Ago May 23, 2017 May 25, 2017 Anyone that says real estate can’t drop in value, doesn’t know s**t about real estate. It’s not pessimism, it’s a natural part of the real estate commodity cycle. It was first observed over a 100 years ago by American economist Henry George. As early as 1876, George observed that real estate follows a simple but unavoidable cycle. Understanding where exactly your local market is in the cycle, is key to evaluating the risk of profit and loss. You may not have heard of George, but his work is widely studied by experts on commodity cycles. Professor Fred E. Foldvary wrote in a 1997 paper that building on the “insights of Henry George,” he believed “the next major [US] bust, [will be] 18 years after the 1990 downturn…if there’s no major interruption such a global war.” He was proven correct in 2008, when the US real

The Promise of 3-D Printed Property - January 2017

The Promise of 3-D Printed Property Technological advances in construction will represent a huge shift for the building and real estate industries in the next decade. Are you ready? January 2017 | By Meg White Imagine if all shoes were still made by hand. While you might yearn for the return of the artisan craft of cobblery, Behrokh Khoshnevis pours cold water on such a fanciful scenario. Before automation, he says, the high cost and high demand for decent footwear meant most people were stuck buying one pair of ill-fitting, sloppily sewn shoes a year. “Cheap things that are made by hand are awful,” says Khoshnevis, an engineering professor and director of the University of Southern California’s Center for Rapid Automated Fabrication Technologies. The same goes for housing, where cobbled-together shantytowns make for dangerous, undignified places to live in many developing countries. Khoshnevis hopes to change that. Contour Crafting, the commercial 3-D printi

Working Through Real Estate Clients' Unease

Working Through Clients’ Unease When a bad experience or uncertainty about the future sets buyers or sellers on edge, you can help restore their sense of control. JANUARY 2017 | BY  GRAHAM WOOD More of your clients these days might be feeling like Dan and Lorena Schoenfeld of Fort Lauderdale, Fla. Last year, the couple found a three-bedroom condo with all the features they wanted—and the motivated seller was willing to accept $100,000 less than comparable units were selling for in the luxury building. And yet they were reluctant to buy.                            “We were worried about the economic state of the U.S. We didn’t think the value of the condo would hold up into the future,” admits Dan Schoenfeld, 35, who works for the investment arm of a national foundation.  “People have selective memories about the last housing bubble,” Schoenfeld says. “They don’t think it can happen again.” But for those personally affected—and the Schoenfelds count themselves in tho