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Realtor.com tool shows what your home could get on Airbnb

Housing Wire

Homeowners can now see potential short-term rental income estimates on Realtor.com thanks to an integration with Airbnb. Short-term rental earnings estimates for hosting one room or the entire house will be available to homeowners via Realtor.com’s My Home dashboard, according to an announcement on Thursday.

Equity 364
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

My name is (your name), and I’m a licensed real estate professional with (your brokerage). Last year, there were (number) homes sold here, and the average selling price was (dollar figure). (If If you have any homes you personally sold in the neighborhood, include those here). Call or text me with any real estate questions!

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DataDigest: Inventory and the purported ‘Airbnb crash’

Housing Wire

Gerli cites data from a company called AllTheRooms to make the case that the Airbnb /short-term rental market is “crashing” and it will have a big impact on inventory. Revenue per listing is down, but it’s not down by a third or more in those markets, according to AirDNA. You’ve probably seen it. But the data looks dubious.

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I’d list my home, but where would I move?

Housing Wire

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. Next, the house is new.

Equity 280
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How Is The Downtown Toronto Rental Market?

Toronto Realty Blog

The rental market is no longer “tough,” I said. From the article above: Acute supply-demand imbalances have pushed the national rental vacancy rate to 1.5% – the lowest point since at least 1988, according to the latest Canada Mortgage and Housing Corp.’s s (CMHC) rental market report. What do I mean by that?

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Why the US MLS system is the envy of other countries

Housing Wire

Multiple Listing Services (MLS) by those trying to disparage the system. This past December, my mother and father closed on their home of 35 years in Limerick, Ireland, after 10 months “in escrow.” They also recently closed on their purchase of a new home. All in all, my parents paid 4.5% fee to the seller.

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Lawler: Single-Family Rent Results

Calculated Risk Real Estate

While these rent indexes attempt to show actual rent trends, they do not necessarily reflect what renters are actually paying today versus a year ago. The rent trends are for “same store/same properties.” To receive new posts and support my work, consider becoming a free or paid subscriber.