Inman Connect 2021 – January Takeaways

What a difference a year makes! In January 2020, New York City’s Marriott Marquis in Times Square was home to the industry’s last in-person mega conference, Inman Connect. Drawing thousands of visitors every year, Inman Connect New York general sessions are often standing room only. However, thanks to the global pandemic, thousands of agents, teams, …Read more

Existing Home Sales Enter 2021 in Throttle-Up Setting

Existing home sales rocketed-up 23.7 percent in January 2021 on a seasonally adjusted annualized rate (SAAR) of 6.69 million sales compared to the same period one-year ago according to the National Association of Realtors® (NAR).  It was the most homes sold on a SAAR since April 2006.   On a non-seasonally adjusted basis, the 367,000 homes …Read more

Title Insurance and Your Newly Built Home

At first glance, title insurance seems like something you would want for an older home. Perhaps your home has had 3 previous owners, and you want to ensure that they are all properly addressed so you can move in with a clean title. However, newly constructed homes have their own intricacies that a title company …Read more

15 Minute Pre-Showing Checklist

Have you recently put your home on the market? Keeping your home clean and ready to show to potential buyers is essential. While there are things you can do well ahead of time to get your home ready, we wanted to show you a quick and easy checklist for things to do in 15 minutes …Read more

Intro to the 1031 Exchange: What Are They and What Are the Rules

In simple terms, a 1031 exchange is a trade of one investment property for another that allows you to defer capital gains taxes. While potential tax reform could impact 1031 exchanges, we wanted to walk through what they can do for you today. This powerful tax strategy must be used carefully as there many moving …Read more

U.S. Job Growth Came in at a Minuscule 0.03 Percent in January 2021 — Unemployment Dropped to 6.3 Percent from 6.7 Percent

The U.S. added a miniscule 49,000 net new jobs in January 2021 (0.03 percent gain from December 2020) based on seasonally adjusted data reported by the Bureau of Labor Statistics (BLS).  The previously reported December 2020 loss of 140,000 jobs was restated to a loss of 227,000.   The unemployment rate dropped from 6.7 percent in …Read more