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RE HEADLINES:
  • "Santa Monica Neighborhood Among Most Expensive In LA" - Patch.com"Real estate in California is expensive, but in Los Angeles County it can seem exorbitant – like that record-breaking $1 billion property that hit the market in Beverly Hills. Yup, that's billion with a 'B.' But what about average home prices countywide? PropertyShark, a website that provides in-depth real estate data, analyzed neighborhoods in Los Angeles and found the median home prices in Quarter 3 of 2018. Surprisingly, they found that L.A. area's top 20 most expensive neighborhoods are overall twice as pricey as NYC's 20 most expensive..."
  • "C.A.R. releases its 2019 California Housing Market Forecast" - PRNewsWire.com"A combination of high home prices and eroding affordability is expected to cut into housing demand and contribute to a weaker housing market in 2019, and 2018 home sales will register lower for the first time in four years, according to a housing and economic forecast released today by the CALIFORNIA ASSOCIATION OF REALTORS®' (C.A.R.). C.A.R.'s '2019 California Housing Market Forecast' sees a modest decline in existing single-family home sales of 3.3 percent next year to reach 396,800 units, down from the projected 2018 sales figure of 410,460. The 2018 figure is 3.2 percent lower compared with the 424,100 pace of homes sold in 2017..."
  • "Who is taking a stand on affordable housing in Pittsburgh?" - NextPittsburgh.com"Since the turn of the century, Pittsburgh has emerged as a story of reinvention and rebirth in the face of a changing economy. While the gains from our emergence as a hub of research and technology are real and hard-won, they don’t tell the whole story. Since the year 2000, housing — perhaps the most basic human right — has become significantly less affordable in Pittsburgh. According to a study commissioned by the city’s Affordable Housing Task Force, the average cost of a rental home has increased by $116 monthly, far exceeding the rate of inflation, while the median income of renters has remained stagnant at around $26,000 per year..."
  • "Requested amendment to downtown project could be 'deal-breaking' for Tulsa Development Authority" - TulsaWorld"Urban renewal and city officials have concerns over a developer’s request to remove the retail portion of a proposed downtown project. The Tulsa Development Authority tabled the item at a meeting Thursday. Developers Neal Bhow and his son Shaun Bhow of Hartford Crossing LLC have asked the TDA to amend an agreement for a development at 111 S. Greenwood Ave., allowing them to eliminate a proposed ground-floor food hall and dropping the building from five stories to four. The proposal for 55 housing units remains unchanged..."
offrs.com Announces Winners of the Inman Connect San Francisco (ICSF18) Sweepstakes

offrs.com Announces Winners of the Inman Connect San Francisco (ICSF18) Sweepstakes

In April, Inman launched a Sweepstakes that would award two random entrants a complimentary All Access Pass to the Inman Connect San Francisco 2018 conference in July. The two lucky winners have been announced and provided insight on what they expect to learn at this year's conference...

 

Last month, Inman & offrs.com announced an opportunity for two lucky readers to attend this year's Inman Connect held in San Fransisco, July 17th-20th. The winners were drawn and offered a complimentary All Access Pass to the event. Today, offrs announced the winners of the Sweepstakes...

 

  • Patrick Ryan, Sr. Vice President & Managing Broker at Related Realty in Chicago, IL
  • Guy Parker, REALTOR® & GREEN Designee at Atlanta Intown Real Estate Services in Atlanta, GA

 

We were able to reach out to each regarding their interest in the Inman Connect event in San Francisco this year. For Patrick, technology seems to play a large role in his firm's approach to the RE space and their commitment to the in-person and professional relationships they develop. He says that his Chicago boutique brokerage focuses on applying data technology in relationship-building, and went on to say that they "utilize the most up-to-date technology as one should and have a distinct advantage with the amount of urban demographic information [that they are provided through partners]."

 

Asked which areas of education, networking (or similar interest) they might be focused on for the event, Patrick, who has attended the Inman Connect in New York in the past (and who spoke as a panelist there on how "Social Good can increase your bottom line") discussed his interest in "networking with colleagues in other parts of the country, best practices, and technology..." (particularly in the area of virtual assistants).

 

Guy, who hasn't yet attended an Inman Connect event himself (but whose colleagues do regularly attend Inman Connect NY) says that he remains focused on "lead generation technology," and hopes to discover what's around the bend as well as to establish a better referral network. Asked what advice he could give to others attending the ICSF18 conference (as well as those who won't be able to make it), he offers up "Brace technology! Don't be afraid of change! Make it work for you!"

 

With the general discussion in our industry surrounding RE tech, we were curious about which areas of technology in particular that these attendees of ICSF18 feel might affect their business the most. For Patrick, all technologies have their place, but "automatic follow up technology with a personal touch" is best. As both point out, we too are fans of the school of thought that a balanced approach through the use of technology and relationship-building (in what is ultimately a relationship-centric business) is key to the sort of longevity that produces practical results.

 

"We all can do a better job of giving back and making sure our efforts are improving the communities we do business in... by improving our professionalism and customer service." Says Patrick in this regard. We agree wholeheartedly.

 

Congratulations to these winners of the Inman Connect ICSF18 Sweepstakes - we look forward to seeing you there!

 

 

What are your thoughts?

News Headlines

"Santa Monica Neighborhood Among Most Expensive In LA" - Patch.com

"Real estate in California is expensive, but in Los Angeles County it can seem exorbitant – like that record-breaking $1 billion property that hit the market in Beverly Hills. Yup, that's billion with a 'B.' But what about average home prices countywide? PropertyShark, a website that provides in-depth real estate data, analyzed neighborhoods in Los Angeles and found the median home prices in Quarter 3 of 2018. Surprisingly, they found that L.A. area's top 20 most expensive neighborhoods are overall twice as pricey as NYC's 20 most expensive..."

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