Glitches of early iterations aside, AI-based technology has come a long way, and has an increasingly active presence in the lives of homeowners who are looking for convenience and savings in a pushed-for-time era. From adaptive thermostats that automatically gauge energy usage and alter temperatures for optimal savings, to smart home speakers that use sophisticated […]

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Vitals: Gibson Sotheby’s International Realty Years in Business: 12 Size: 8 offices, 233 agents Regions Served: Boston, Cambridge, Eastern Massachusetts 2017 Sales Volume: $1.75 billion 2017 Transactions: 1,776 No. 126 in sales volume in RISMedia’s 2018 Power Broker Report With more than three decades of experience in establishing real estate franchises throughout New England, […]

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There is ceaseless demand for homes in the lowest price tier—but there is also a growing interest in the luxury sector, specifically in the South and West, according to® research. As of May, the fastest-growing luxury markets are in the Sunshine State, the research shows. In May, Sarasota County was the No. 1 luxury […]

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With employment opportunities, options for transportation and walkability, Americans are drawn to living urban. Now, the demand for housing in urban areas is rivaling that of the suburbs, according to new research by the Urban Land Institute (ULI). In the 50 largest markets in the nation, city population rates are speeding up toward those of […]

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Existing-home sales in May were snagged by supply, the National Association of REALTORS® (NAR) reports. Activity in May declined 0.4 percent to 5.43 million, down 3 percent from the prior year. Inventory increased 2.8 percent to 1.85 million, but was 6.1 percent lower than the prior year. “Closings were down in a majority of the […]

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With two major offices in the Philippines and several regional hubs, 100-plus employees (25 of which are engaged in real estate brokerage), Pinnacle Real Estate Consulting Services Inc. continues to see a lot of interest from investors in the Asia-Pacific region who are keen on Philippine opportunities. Here, Managing Director Michael Mabutol provides a closer […]

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NAR PULSE—Victor O. Schinnerer & Company and the National Association of REALTORS® have partnered under the REALTOR Benefits® Program to provide a first-class errors and omissions (E&O) insurance program to both REALTORS® and REALTOR®-firms. Several premium credits are available, as allowed by state law, including a credit for being an NAR member, holding select NAR […]

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Following a dip last month, housing starts rebounded in May, up 5 percent to 1.35 million from the revised April estimate of 1.286 million, according to recent data released by the U.S. Department of Housing and Urban Development and the Commerce Department. Meanwhile, single-family housing starts jumped up 3.9 percent since April to 936,000, the […]

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Acquisition strengthens HomeServices’ presence in the Omaha market HomeServices of America, Inc., has announced that it has acquired Berkshire Hathaway HomeServices Ambassador Real Estate as well as an ownership interest in Ambassador Title Services. Financial terms of the transaction were not disclosed. Headquartered in Omaha, Nebraska, Ambassador Real Estate serves the Omaha, Lincoln, Council Bluffs, […]

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The U.S Department of Labor has finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered coverage through a spouse, the current source of coverage for roughly […]

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