RE/MAX Launches Into a New Era of Ever-Evolving Advantages With the Rollout of Its Booj-Built Technology 

  Editor’s Note: This is the cover story in the September issue of RISMedia’s Real Estate magazine.  In February 2018, RE/MAX CEO Adam Contos stood on stage at the RE/MAX R4 Convention in Las Vegas and told the crowd of over 6,000 attendees, “We just acquired a technology company called booj.” The news was a home run,[…]

Year-Over-Year Home Sales Slip 1.6% After Largest Inventory Decline in 13 Months

     September 17, 2019 DENVER – August 2019 existing home sales slipped 1.6% from a year ago, despite buyer demand exceeding available housing supply, according to the RE/MAX National Housing Report. Following July’s year-over-year sales increase of 2.3%, the slight August decline marks the sixth month of 2019 that produced fewer sales than 2018. Buyer demand[…]

June National Housing Report – Sales Post Unusual Decline as Median Price Reaches All-Time High

 DENVER, July 17, 2019 /PRNewswire/ — Typically the strongest month for home sales, June saw closings decline 4.7% from May and 7.8% from June 2018, according to the RE/MAX National Housing Report. Going in the opposite direction, June’s Median Sales Price of $276,000 was an all-time high in the 10-year history of the report.[…]

Home Sales Accelerate While Inventory Hits 34-Month High

DENVER, June 17, 2019 /PRNewswire/ — May home sales ticked slightly higher year-over-year, ending a 9-month streak of declines, according to the RE/MAX National Housing Report. At the same time, inventory grew for the eighth consecutive month, representing the most units for sale since August 2016 in the report’s 54 metro areas. Homes sold quickly, as evident in the[…]

RE/MAX National Housing Report for March 2019

 DENVER, April 16, 2019 /PRNewswire/ — Kicking off the spring homebuying season, March sales climbed almost 29% over February, according to the RE/MAX National Housing Report. But this remains the slowest start in five years, with March sales 8.6% lower than March 2018. March was the eighth consecutive month of year-over-year sales declines and the sixth straight[…]

Agents see growing demand as mortgage rates plummet

Agents across the US are getting calls from would-be clients who realize buying is suddenly getting cheaper Like an avalanche growing larger as it tumbles down a mountain, real estate agents are seeing swelling demand from buyers as mortgage interest rates plummet and — contrary to what some observers previously expected — home buying actually gets cheaper.[…]

RE/MAX Agents Continue to Outsell Competitors by More than 2:1 in National Survey

REAL Trends 500 Ranks Top Large Brokerages by Transaction Sides and Volume   March 26, 2019 DENVER – For the ninth consecutive year, the 2019 REAL Trends 500 survey—one of the most widely followed reports in the real estate industry—showed RE/MAX agents at participating brokerages outsold competing agents on average by more than 2-to-1*, averaging 16.3 transaction sides, compared to an[…]

31913 9th Avenue Laguna Beach, CA 92651 LG19031548 – For Sale: $2,100,000

31913 9th Avenue Laguna Beach, CA 92651 LG19031548 Fantastic opportunity to own a home in picturesque South Laguna with attached income property in back! This large & unique property is located right across the street from the famous Thousand Steps Beach. The gorgeous main house features 3 bedrooms, 3 baths plus 2 bedrooms, 1.5 baths[…]

18425 Santa Isadora Street Fountain Valley OC19034144 For Sale: $991,300

  18425 Santa Isadora Street Fountain Valley OC19034144 Welcome to your dream home in the sought after Stratford Park I community of Fountain Valley. Come enjoy the open floor plan, 3 fire places, double paned windows, granite in the kitchen & bathrooms, new recessed lighting, stylish fixtures & window treatments, spacious corner lot, Top Rated[…]

12 Cambridge Court Coto de Caza OC19038563 For Sale: $975,000

    12 Cambridge Court Coto de Caza OC19038563 Beautiful and highly upgraded single story Stonehedge home located on a great cut de sac! This one has it all…travertine flooring, wooden shutters, upgraded bathrooms, beautifully landscaped backyard with built-in bbq area, and a 3-car tandem garage. Gourmet kitchen features granite countertops, full stone backsplash, wood[…]

Housing Inventory Posts Record Increase

February 18, 2019 DENVER – A sixth consecutive month of declining home sales in January contributed to the largest year-over-year inventory increase in at least 10 years, according to the RE/MAX National Housing Report. While year-over-year home sales dropped 11% – extending a streak that began in August – inventory grew year-over-year by an average of 6.4%[…]

2112 Highcrest Court Fullerton OC18224356 For Sale: $800,000

2112 Highcrest Court Fullerton OC18224356   Great Floor Plan in this Multi-Level, Single Family Residence on a 8400 square foot View Lot. This 3 Bedroom, 2 Bath Home is Situated in a Lovely Cul-de-Sac in Fullerton. Attached 2 Car Garage. Large Fully Enclosed Back Yard. Low Maintenance Front Yard. Excellent neighborhood. Interior use of Stone,[…]

31913 9th Avenue Laguna Beach, CA 92651 LG19031547 – For Sale: $2,100,000

31913 9th Avenue Laguna Beach, CA 92651 LG19031547 Fantastic opportunity to own a home in picturesque South Laguna with attached income property in back! This large & unique property is located right across the street from the famous Thousand Steps Beach. The gorgeous main house features 3 bedrooms, 3 baths plus 2 bedrooms, 1.5 baths[…]

2018 Home Sales Cool Off, While Inventory Recovers and Price Increases Moderate

DENVER – December’s declining home sales and growing inventory solidified 2018 as the year the red-hot seller’s market moved toward a balanced market. Price growth also moderated, though December was the 33rd consecutive month of year-over-year increases in home prices, according to the RE/MAX National Housing Report, which includes 53 metro areas. December’s year-over-year decline in home[…]

Extremely Low Inventory Improves as Sales Drop for Fourth Month

December 17, 2018 DENVER – Years of shrinking inventory gave way in November to a second consecutive month of year-over-year growth in the number of homes for sale, according to the RE/MAX National Housing Report. The apparent reason: Home sales declined for the fourth consecutive month when compared to the same months in 2017. Even so,[…]

Why RE/MAX Evolution??

“Evolution” was chosen very carefully. What it means to us is that we focus on reshaping “traditional” real estate practices to meet the needs of our clients and our team. Our focus on the best support systems and marketing solutions has proven to generate more repeat and referral business resulting in greater agent satisfaction. The[…]

Inventory Ends Long Decline as Home Sales Drop for Third Month

DENVER – The third consecutive month of lower year-over-year home sales in October contributed to the first year-over-year inventory increase in a decade according to the RE/MAX National Housing Report for October 2018. Meanwhile, the Median Sales Price recorded one of its lowest increases of 2018. The RE/MAX National Housing Report for October saw sales decline 4.6%[…]

US average mortgage rates ease; 30-year at 4.83 percent – don’t hold back!

(Source: Fox Business) Long-term U.S. mortgage rates declined this week, in a quiet pause after weeks of market anxiety over rising interest rates. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages eased to an average 4.83 percent this week from 4.86 percent last week. A year ago, it stood at 3.94[…]

RE/MAX Evolution 2018 – 3rd Quarter – 9 Quarter Trend South Orange County Report

Market Intelligence Report Coastal/South Orange County Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Orange County real estate market. This report covers Laguna Beach, Newport Beach, Newport Coast, Corona Del Mar, Costa Mesa, Huntington Beach, Laguna Niguel, Laguna Hills, Aliso Viejo, Dana[…]

Nobel Prize winner Robert Shiller: I don’t expect a sharp turn in the housing market

(Source: CNBC): Robert Shiller: I don’t expect a sharp turn in the housing market from CNBC. The housing market may be slowing down, but Nobel Prize winner Robert Shiller told CNBC he isn’t fearful that a big downturn is ahead. During the financial crisis, the fluctuation of home prices was the sharpest anyone had ever[…]

Homebuilder sentiment improves in October as lumber prices fall

WASHINGTON – U.S. homebuilders continue to face several challenges, including a severe labor shortage, but the cost of lumber is coming down. That has builders feeling better. A monthly sentiment survey from the National Association of Home Builders rose one point in October to 68. Anything above 50 is considered positive. The index was unchanged[…]

46 Hallcrest Drive Ladera Ranch OC18155838 For Sale: $1,465,000

46 Hallcrest Drive Ladera Ranch OC18155838   LADERA RANCH CULDESAC HOME WITH LARGE LOT – Original owners of this Standard Pacific home in the Echo Ridge neighborhood of Tamarind. This Tamarind Home is located on one of Ladera’s largest lots! This Entertainer’s dream home includes a BBQ island, fire pit, fountains, and a large lot[…]

The Real Estate Market Is Re-Balancing

  DENVER – The RE/MAX National Housing Report for September 2018 showed the trends of fewer closings and stabilizing inventory continued through September, punctuated by a surprisingly big 11.6% year-over-year drop in home sales. At the same time, the RE/MAX National Housing Report for September 2018 posted a Median Sales Price of $241,000 that marked the 30th[…]

2712 Highland Way Laguna Beach, CA 92651 OC18213260 – For Sale: $2,990,000

2712 Highland Way Laguna Beach, CA 92651 OC18213260 WHITE WATER VIEWS OF VICTORIA AND LAGUNITA BEACHES EXCEPTIONAL DESIGN ELEMENTS CUSTOM BUILT HOME BUILT IN 1992 WITH CHEFS KITCHEN , HIGH END APPLIANCES, CABINETRY AND GRANITE COUNTER TOPS. OPENS TO SPACIOUS LIVING , DINING AND OVERSIZED DECKS. BEAUTIFUL MASTER SUITE AND BATH WITH OCEAN VIEWS FULL[…]

The Importance of a GREAT Real Estate Agent/Broker in Selling Your Home

(Source: Inman): Let’s face it, selling a home without a real estate agent is just plain risky. FSBOs jeopardize time, money, and most importantly, an advantageous outcome. But, despite research that shows that shows that FSBO listings sell for about 5.5 percent less than comparable properties sold through the MLS, some sellers still want to go the do-it-yourself route, forgoing the[…]

Fleming: The housing market is shifting from a seller’s to a buyer’s market

First American Chief Economist Mark Fleming discusses the current stresses affecting the US housing market: affordability and interest rates.   Contact us  to help you to sell your home and find the home of your dreams!  Our focus is on the coastal cities including Newport Beach, Newport Coast, Corona Del Mar, Laguna Niguel, Laguna Beach, Dana Point, San Clemente,[…]

New home sales rebound in August

(From CNBC) Sales of new U.S. single-family homes increased more than expected in August after two straight monthly declines, but the underlying trend still pointed to a weakening housing market amid rising mortgage rates and higher home prices. The Commerce Department said on Wednesday new home sales rebounded 3.5 percent to a seasonally adjusted annual[…]

Consumer confidence hits 138.4 in September, vs. 132 estimate

(From CNBC) Consumer confidence rose in September, notching its highest level in about 18 years. The Conference Board’s index rose to 138.4 this month from 134.7 in August. Economists polled by Reuters expected consumer confidence to dip to 132. “Consumers’ assessment of current conditions remains extremely favorable, bolstered by a strong economy and robust job[…]