Real Estate Marketing’s Next Hit? Augmented Reality
By now, you’ve probably already heard of “augmented reality” (A.R.). In this increasingly popular technology, images and animations are superimposed onto a user’s view of the real world through their device, providing a composite video feed combined with live and often interactive digital graphics. A.R. has already infiltrated pop culture with hits like Pokemon GO and Snapchat filters. Facebook is one of the latest tech giants to jump onto the A.R. …
The MLS Madness Is Coming to Beverly Hills!
The Latest on LA’s Housing Crisis
For several years, the state of California has faced a housing crisis, where rental and sale prices have climbed while wages have stagnated. In fact, a report from the California Housing Partnership Corporation (CHPC) found that median rent in Los Angeles County has increased 32% since 2000, while wages have decreased by 3% (adjusted for inflation). In 2014, Los Angeles Mayor Eric Garcetti called for 100,000 new housing units by 2021, …
Hollywood’s 5 Best Real Estate Films
What’s New on The MLS™ Alpha Site, VESTAPLUS™
The MLS™ Development Team has been hard at work building the Alpha Site, VESTAPLUS™. The latest improvements include two new types of widgets: Listings Widget: This widget acts as a hub to store all listings that have been shared or sent to clients, as well as all listings that meet saved search criteria. The default report that will display on the All Listings Results page will be the Map Interactive, but …
Q1-2017 Market Recap
Now that the individual market climate maps have been added to the books, it’s time that we briefly recap some numbers from this past quarter. Below, we compare the totals of Q1-2016 to Q1-2017. Check it out: Download (PDF) Great work everyone, and happy selling through Q2-2017 and beyond! …
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Single Family Homes Market Statistics for Q1-2017
On the heels of our Q1 heat maps, we’re excited to share market statistics for single-family homes in Q1 2015 v. Q1 2016 v. Q1 2017. These stats take a look at median sale price, sales volume and sold listings for The MLS™ primary areas. The median sale price achieved a steady increase, peaking at $1.04 million in Q1-2017. Likewise, sales volume has also grown gradually, reaching a respectable $3.19 billion …