Real Estate Plus+ Daily News
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Real Estate Plus+ Daily News
Real Estate Related News Plus Miscellaneous Tech Stories and News of Interest
Curated by Russ Bergeron
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Remodeling Index Hits All-Time High

Remodeling Index Hits All-Time High | Real Estate Plus+ Daily News | Scoop.it
Metrostudy, a Hanley Wood company, announced Wednesday that its national RRI Activity Index reaching a new all-time high of 106.1, which also represented a healthy increase of 4.5% from one year earlier. The index has now seen nineteen consecutive quarters of year-over-year gains since 2011
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Android Phone Hacks Could Unlock Millions of Cars

Android Phone Hacks Could Unlock Millions of Cars | Real Estate Plus+ Daily News | Scoop.it
For now, the researchers have declined to name any of the specific apps they tested for fear they’d provide tips to car thieves. But they argue their work should send a message to the car industry in general to take connected car security more seriously.
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Visa and IBM want to make every device you own a cash register

Visa and IBM want to make every device you own a cash register | Real Estate Plus+ Daily News | Scoop.it
IBM’s Watson IoT platform is already used by more than 6,000 clients. The partnership with Visa opens the platform to new makers, who want to integrate payments worldwide without developing their own payments solution.
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Single-Family Starts Increase in January

Single-Family Starts Increase in January | Real Estate Plus+ Daily News | Scoop.it
Single-family housing starts increased to a seasonally adjusted annual rate of 823,000 in January, according to new residential construction data released by the Commerce Department Thursday morning. This month's result marks a 1.9% increase from December's downwardly-revised rate of 808,000, but represents a 6.2% gain compared to January 2016, when the estimate was 775,000.
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Janet Howcroft's curator insight, February 17, 1:32 PM

2017 should be a great real estate market

 - February 16
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This Hotel Asked Some Of The World's Top Architects To Design Rooms

This Hotel Asked Some Of The World's Top Architects To Design Rooms | Real Estate Plus+ Daily News | Scoop.it
The spaces are beautiful indeed—and are more like architectural curios than your average boutique hotel accommodations. Each architect designed one individual room themed around a specific material, with the exception of Mayne, whose firm Morphosis had the honor of working on four suites
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Realogy, Guaranteed Rate announce new mortgage venture as PHH backs out

Realogy, Guaranteed Rate announce new mortgage venture as PHH backs out | Real Estate Plus+ Daily News | Scoop.it
Realogy Holdings Corp, a full-service residential real estate services company, and Guaranteed Rate, an independent retail mortgage company, announced on Wednesday a new joint venture, Guaranteed Rate Affinity, which is expected to begin doing business in June 2017.
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Labor Department Reports Largest Increase in CPI in 4 Years

Labor Department Reports Largest Increase in CPI in 4 Years | Real Estate Plus+ Daily News | Scoop.it
The Consumer Price Index increased 0.6% in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics
reported today. Over the last 12 months, the all items index rose 2.5% before seasonal adjustment.
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The Bay Area Tops List of Best Markets for Sellers; Baltimore and Miami Are the Best for Buyers

The Bay Area Tops List of Best Markets for Sellers; Baltimore and Miami Are the Best for Buyers | Real Estate Plus+ Daily News | Scoop.it
 San Francisco and San Jose, Calif. top Zillow's list of the best markets for sellers. Buyers in Baltimore and Miami will have the most negotiating power when shopping for a home, according to the latest Zillow® analysis.

Denver, Seattle and Sacramento, Calif. join the two Bay Area metros on the list of markets that favor sellersi. Homes in these five metros stay on the market for an average of just 54 days and rarely feature slashed prices; bidding wars are common in these hot housing markets.
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Completed Foreclosures Down 40% Year Over Year

Completed Foreclosures Down 40% Year Over Year | Real Estate Plus+ Daily News | Scoop.it
There were a total of 21,000 completed foreclosures in December, down from 36,000 the year before, CoreLogic said in a news release. The national foreclosure inventory was 329,000 in December, representing a 30% drop from 467,000 homes in 2015.
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To Use Or Not To Use: Touch Gesture Controls For Mobile Interfaces

To Use Or Not To Use: Touch Gesture Controls For Mobile Interfaces | Real Estate Plus+ Daily News | Scoop.it
Many criticize gestural controls as being unintuitive and unnecessary. Despite this, widespread adoption is underway already, and the UI design world is burning the candle at both ends to develop solutions that are instinctively tactile. The challenges here are those of novelty.
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Workplace wearables raise new privacy dilemmas for staff, firms

Workplace wearables raise new privacy dilemmas for staff, firms | Real Estate Plus+ Daily News | Scoop.it
“The more places your personal data is stored, the more likely that your data will be uncovered by hackers,” says Eastwood, who says personal data could be useful for corporate espionage “hackers could also obtain operational data about the corporation which would be on users’ wearables.”
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The two vocabularies (because there are two audiences)

The two vocabularies (because there are two audiences) | Real Estate Plus+ Daily News | Scoop.it
Early adopters want to buy a different experience than people who identify as the mass market do.

Innovators want something fresh, exciting, new and interesting.

The mass market doesn't. They want something that works.
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Unusual glass house makes room for nature

Unusual glass house makes room for nature | Real Estate Plus+ Daily News | Scoop.it
The home is topped by a rooftop terrace with five chimney-like light tubes atop which bounce light inside. You might assume these wouldn't be needed in a glass house in sunny Spain, but the home is well shaded by the trees.
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Calif - January home sales and price report

Calif - January home sales and price report | Real Estate Plus+ Daily News | Scoop.it
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 420,100 units in January, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide sales figure represents what would be the total number of homes sold during 2017 if sales maintained the January pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.
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3 Serious Legal Issues Brokers Are Facing

3 Serious Legal Issues Brokers Are Facing | Real Estate Plus+ Daily News | Scoop.it
There are three hot legal issues affecting real estate companies today that broker-owners need to keep on their radar: website accessibility, copyright infringement, and cyber fraud. During the 2017 REALTOR® Broker Summit in San Diego this week, NAR General Counsel Katie Johnson summarized how brokers are at risk and what they can do about it.
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February 2017 RE/MAX National Housing Report 

February 2017 RE/MAX National Housing Report  | Real Estate Plus+ Daily News | Scoop.it
In the 53 metro areas surveyed, total sales were up 4.5% over January 2016, which was previously the January with the most sales. The Median Sales Price of $208,500 was up 4.3% and marked the 10th consecutive month of year-over-year price increases.
 
The new January low of 66 Days on Market underscores the fact that inventory has declined year-over-year for 99 consecutive months dating back to October 2008.
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NAR, Realtor.com® Identify Growing Rift Between Housing Availability and Affordability

NAR, Realtor.com® Identify Growing Rift Between Housing Availability and Affordability | Real Estate Plus+ Daily News | Scoop.it
Using data on mortgages 1, state-level income 2 and listings on realtor.com®, the Realtors® Affordability Distribution Curve and Score is NAR and realtor.com®'s new ongoing monthly research designed to examine affordability conditions at different income percentiles for all active inventory on the market.
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MBA: Mortgage Delinquencies Up, Foreclosures Down in 4Q National Delinquency Survey

MBA: Mortgage Delinquencies Up, Foreclosures Down in 4Q National Delinquency Survey | Real Estate Plus+ Daily News | Scoop.it
The MBA fourth quarter National Delinquency Survey said the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.80 percent of all loans outstanding. This represented an increase of 28 basis points from the third quarter and a three basis point increase from a year ago.
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New Office Sensors Know When You Leave Your Desk

New Office Sensors Know When You Leave Your Desk | Real Estate Plus+ Daily News | Scoop.it
Proponents claim the goal is efficiency: Some sensors generate heat maps that show how people move through an office, to help maximize space; others, such as OccupEye, tap into HVAC systems. The office-design company Gensler has 1,000 Enlighted sensors lining its new space in New York. Embedded in light fixtures, the dime-size devices detect motion, daylight, and energy usage; a back-end system adjusts lighting levels.
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Study: More Owner-Occupied Homes Becoming Rentals

Study: More Owner-Occupied Homes Becoming Rentals | Real Estate Plus+ Daily News | Scoop.it
The study shows that 6.5 percent of homes built before 2000 and 10.3 percent of homes built in the 1990s went from owner-occupied to rental status.

“Underwater homes are notably more likely to transition into the rental sector, possibly because of reduced incentives to maintain the home and related decay,” notes Stuart Rosenthal, a Syracuse University professor, who authored the study.
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Warren Buffet Gave Bill Gates $30 Billion: Here's How It's Paying Off

Warren Buffet Gave Bill Gates $30 Billion: Here's How It's Paying Off | Real Estate Plus+ Daily News | Scoop.it
It’s been 10 years since Warren Buffet pledged the Bill & Melinda Gates Foundation roughly $30 billion in Berkshire Hathaway stock—essentially doubling the size of its endowment. In their annual letter, out this week, Bill and Melinda Gates have offered a progress report, written as an open letter to Buffet, to share what’s working and how the money was spent.
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FBS Doubles Real Estate MLS Customer Base to 200,000+ in Four Years

FBS Doubles Real Estate MLS Customer Base to 200,000+ in Four Years | Real Estate Plus+ Daily News | Scoop.it
Citing a series of "firsts" in software for supporting Multiple Listing Services in real estate -- first to offer a native mobile app, first to create a Web API with its Spark API technology, and most recently, first to power on-demand IDX websites for agents -- FBS, the real estate industry's leading innovator of MLS technology, doubled its flagship Flexmls System customer base in just four years to now serve more than 200,000 subscribers.
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CCTV reruns: Video analytics mine old feeds for new data gold

CCTV reruns: Video analytics mine old feeds for new data gold | Real Estate Plus+ Daily News | Scoop.it
By utilizing data from these existing cameras, video analytics can analyse the movement of humans and vehicles to help cities become more livable. And the new source of data insight can help smart cities bridge the gap that still exists in making our urban environments more responsive.
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Jeff Bezos says the Echo 'isn't about' getting people to shop on Amazon, and he may be right

Jeff Bezos says the Echo 'isn't about' getting people to shop on Amazon, and he may be right | Real Estate Plus+ Daily News | Scoop.it
Bezos said that “voice interface is only going to take you so far on shopping,” and that “most online shopping is going to be facilitated by having a display.” Instead, Bezos said, the Echo’s Alexa assistant is “primarily” about using voice tech to simplify tasks around the house.
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Announcing The 2017 World's 50 Most Innovative Companies

Announcing The 2017 World's 50 Most Innovative Companies | Real Estate Plus+ Daily News | Scoop.it
This year marks the 10th edition of our World's Most Innovative Companies ranking. Our reporting team sifts through thousands of enterprises each year, searching for those that tap both heartstrings and purse strings and use the engine of commerce to make a difference in the world. Impact is among our key criteria.
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