More companies are hoping to capture an internet domain name beyond the standard .com, and some are willing to pay premium prices for a domain that ties into their industry.Donuts Inc., a domain name provider, announced what is believed to be one of the largest sales to date for a premium domain name in real estate–related industries with the acquisition of “home.loans” for $500,000. Donuts holds a giant portfolio of top-level domains on th
Mixing business and family can get messy. However, family and friends may be your main source of business when you’re beginning to sell.“The choice is fraught with risks—both to your relationship and to a successful real estate deal,” writes Daniel Bortz, a real estate pro in the Washington, D.C., area in an article for realtor.com®.Bortz shares some of the lessons he’s learned about the pitfalls of working with family members on
The open floor plan has been popular in many new home designs. Homeowners are showing a desire to have no walls separating the kitchen, dining, and living areas. In fact, 84 percent of new single-family homes have fully or partially open layouts, according to the National Association of Home Builders.Some owners are knocking down walls during home renovations to have their own open floor plan. But before they do, they may want to reconsider if
The number of foreclosures may be dropping, but a huge backlog is building due to longer processing times. The average time to foreclose jumped to more than 1,000 days nationwide in the fourth quarter of 2017. That marks a 14 percent increase from the previous quarter and a 28 percent increase from a year ago. It also is the longest number of days to process a foreclosure since ATTOM Data Solutions, a real estate data firm, began tracking foreclo
A Frank Lloyd Wright building in Whitefish, Mont., that was bulldozed earlier this month reportedly is the first structure designed by the architecture icon to be demolished in more than 40 years. Preservationists were trying to save the building, which was constructed in 1958, a year before Wright’s death, but it was razed when negotiations stalled.The 5,000-square-foot building first opened as a medical clinic but later became a bank in 1964,
The city Amazon selects for its second headquarters, known as HQ2, will likely see an immediate hike in home prices and a new-construction boom in areas within commuting distance of the new campus, says Javier Vivas, director of economic research for realtor.com®. Amazon, which announced the list of 20 finalists under consideration for HQ2, is expected to also invest $5 billion in the local economy of the winning city and create 50,000 high-pa
With scammers increasingly targeting real estate transactions, the National Association of REALTORS® is teaming up with the FBI and brokerage Realty Executives International to educate the industry on how to identify and help clients avoid wire fraud schemes. A particular cause for concern is hackers who send fake emails to home buyers on the cusp of closing on a property purchase, providing bogus wiring instructions. Hundreds of millions of dol
Meanwhile homeowners could see property values riseThe city eventually chosen by Amazon to host the tech and e-commerce giant’s second U.S. headquarters will benefit from an influx of 50,000 new jobs and $5 billion in direct investment — but its apartment dwellers could feel the squeeze from higher rent, according to a new study by Apartment List.Over the next decade, rent in mid-market cities like Raleigh, Indianapolis and Columbus, Ohio,
Firmware upgrade speeds up camera rotation to improve time-to-tourHave suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe.Matterport has announced that a recent firmware upgrade has reduced the amount of time it takes to capture footage when creating an immersive 3-D listing tour.The firmware update increases the speed at which the camera rotates, allowing more square footage to be s
Amazon has narrowed its choices for the home base of its second headquarters, known as HQ2, down to 20 cities, and the stakes are huge. The winning city will garner up to 50,000 new high-paying jobs as well as a promise from Amazon to invest $5 billion in the local economy. In total, 238 cities and regions submitted applications to Amazon, promising tax breaks and other incentives to lure the online giant.“Amazon’s decision on where it will l
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