REI INK

Technology Continues to Transform Commercial Real Estate

The Move from Backgammon to Chess By: Ira Zlotowitz, Founder & President, Eastern Union Everyone who’s been associated with the commercial real estate world over the past 20 years or so has seen technology steadily establish itself within virtually every corner and crevice of the industry. Here are some thoughts and perspectives on the impact that technology has had upon our sector. Some of you may recall Defense Secretary Donald

Read More

Morris County, New Jersey

A Strong Market is Nothing New for this Northeastern County. By: Carole VanSickle Ellis Although many aspects of the 2020 U.S. economy are in limbo—if not all-out freefall—the residential real estate sector has remained on relatively firm footing. In markets in suburban and rural areas, single-family housing complete with a little personal space for “outdoor living” has become one of the hottest commodities in the country. This is particularly true

Read More

Three Distinct Quarters Tell the Story of a Resilient Housing Market

Differences Between Pandemic and Great Recession By: Steve Gaenzler, SVP, Data & Analytics, Radian One year ago, it would have been nearly impossible for prognosticators looking ahead to fathom what was to beset the U.S. in 2020. A worldwide pandemic with terrible human loss, record low unemployment rates flipped to record highs in a matter of weeks, 30-day mortgage delinquency counts shooting to a level higher than the peak of

Read More

Popcorn Ceilings Are Bad

Easy Tips to Make Your House More Marketable By: Nicole Brungardt, Senior Account Manager, Property Masters Acoustic ceilings, or better known as “popcorn” ceilings, were first introduced in the 1930’s—can you guess why? The aggressive texture was easier and faster to apply, they were more cost effective, and they hid imperfections and muffled sound. Who cannot get behind that? Millennials—and I will tell you why. NOT INSTA-WORTHY First impressions are

Read More

Completed Foreclosure Auctions Up 24 Percent to Six-Month High

Most auctions on vacant or abandoned properties exempt from moratoria Foreclosure sales rate at seven-year high, REO bids per asset at all-time high Building backlog of foreclosures could exceed 1.1 million by Q2 2021 By: Daren Blomquist, VP, Market Economics, Auction.com Auction.com, the nation’s leading distressed real estate marketplace, released its Q4 2020 Distressed Market Outlook, which shows that completed foreclosure auctions in September increased 24 percent from the previous

Read More

Surround Yourself with Great People

Everything in Life is Sales By: Danny Byrnes, Chief Revenue Officer, Nationwide Title Clearing When I was in high school, I started working at a technology company that developed and delivered an accounting software platform. Years later, that company was acquired by Microsoft. It was an easy job to get as my father owned the company. Growing up in the analog 70’s I became fascinated with the technology that was

Read More