Coronavirus

Q3 2020 Data Supports a Strong Real Estate Market in Los Angeles

By Posted on 1 min read 300 views

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. However, as the year unfolded, it became clear that there would be little negative impact on the housing market. The MLS™/CLAW Areas saw a significant jump in both the number of sales and the median price for Single Family Homes during the third quarter …

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Housing Market Outlook for Q3 and Q4 2020

By Posted on 2 min read 1268 views

With the Coronavirus pandemic in full swing and stay-at-home orders currently in place throughout the nation, the question on everyone’s mind is, “What will the housing market look like for the remainder of 2020?” According to NAR Chief Economist Lawrence Yun, “After a pause, home sellers are gearing up to list their properties with the reopening of the economy…Plenty of buyers also appear ready to take advantage of record-low mortgage rates …

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C.A.R. Provides California Market Update Amid COVID-19 Outbreak

By Posted on 1 min read 738 views

C.A.R. Deputy Chief Economist Jordan G. Levine recently provided a market update for the state of California amid the COVID-19 outbreak. California started the year on a strong footing economically, however, the virus has changed everything for 2020. Unprecedented in terms of size and economic scope, there is still a lot of uncertainty and it may be too early for most major indicators. Unemployment will drive negative impacts and we are …

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Feature Your Virtual Open House in The MLS Broker Caravan™

By Posted on 1 min read 887 views

Virtual Open Houses launched in VESTAPLUS™ earlier this week and are now also available in The MLS Broker Caravan™. Advertisers who buy any showcase or full-page ad in The MLS Broker Caravan™ magazine will have their Virtual Open House featured in the digital magazine and app! The Virtual Open House details are imported from VESTAPLUS™. Take advantage of this great new feature and keep your business moving forward. Place your ad online …

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Virtual Open Houses Now Available in VESTAPLUS™

By Posted on 3 min read 2234 views

As we collectively navigate the new normal brought on by the COVID-19 pandemic, keep your business moving forward with Virtual Open Houses, available in VESTAPLUS™ and The MLS Broker Caravan™ app. What is Considered a Virtual Open House? A pre-recorded video or live scheduled event via social media (Facebook, Instagram, Twitter, LinkedIn), that provides a walkthrough of a listing, as if your clients were touring the property in person. How to …

How to Create Live Video for Virtual Open Houses Using Social Media

By Posted on 3 min read 1651 views

Effective Monday, March 30th, VESTAPLUS™ now supports Virtual Open Houses via live video broadcasts from Facebook, Instagram, Twitter, and LinkedIn. In order to best present your listing via live video, you should familiarize yourself with each social media platform to choose the one that works best for you. In this post, we provide a brief overview of how to get started with each platform. Facebook Step 1. From your business page, …