In What States Did Properties Sell Quickly in March–May 2016?

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?”

At least half of the properties that sold in March–May 2016 were on the market for 30 days or less in the District of Columbia, Washington, Oregon, California, Idaho, Utah, Colorado, Nebraska, Kansas, Texas, Minnesota, Iowa, and Massachusetts, . . .  Read more >

Rejoice, Android users: TRD’s mobile app is now available in the Google Play store

The Real Deal mobile app is now available on Android devices

The Real Deal mobile app is now available on Android devices

The Real Deals new mobile app is now available on all Android devices. Visit the Google Play store to download the latest updates for our new and improved app.

The latest version  includes a separate feed for our new Los Angeles website, which joined The Real Deal‘s family of news websites in . . .  Read more >

Maroon 5’s Adam Levine Selling $17.5M Beverly Hills Estate

Adam Levine

Tyler Golden/NBC/NBCU Photo Bank via Getty Images

Maroon 5 frontman and new papa-to-be Adam Levine is selling his freshly redone estate in Beverly Hills, CA, for $ 17.5 million, a nice profit (if he can get it) from his initial $ 4.83 million investment in 2012, Variety says.

The 3.66-acre property with Benedict Canyon views has been re-imagined by L.A. designer Mark Haddawy into a 7,100-square-foot, Mid-Century-ish residence with five bedrooms, seven bathrooms, and open living and dining spaces.

“The architecture is very dramatic,” . . .  Read more >

Inside look at Compass’ first new development council summit in Sunny Isles: PHOTOS

As if bringing together a summit of heads of state, Compass recently brought together 30 agents from its offices in luxury markets throughout the U.S. for the first-ever meeting of its “New Development Council North America” in Sunny Isles Beach.

The council meeting, hosted by Dezer Development at the Trump International Beach Resort, was a two-day affair in which brokers from as far as California and Washington D.C. came to discuss the general state of their luxury . . .  Read more >

REALTORS® Reported Strong Buyer Traffic Amid Tight Supply in Many States in March‒May 2016

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® (NAR) asks members to rate the past month’s buyer and seller traffic in the neighborhood or area where they make most of their sales. NAR compiles the responses on buyer traffic into a REALTORS® Buyer Traffic Index and the responses on seller traffic into a REALTORS® Seller Traffic Index.

The maps below show the condition of buyer and seller traffic using data collected from March‒May 2016, according . . .  Read more >

The Ultimate Spring Cleaning Checklist

Judge the Landscape Beyond Just Curb Appeal

Top Kitchen Design Trends for 2016

By Melissa Dittmann Tracey, REALTOR® Magazine

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Photo credit: William Lesch; designed by: Lori Carroll and Associates, Tucson, Ariz.

Transitional, traditional, and contemporary styles remain the most popular in kitchen design but two new kitchen styles are popping up: industrial and farmhouse, according to the 2016 Design Trends Survey from the National Kitchen & Bath Association.

Neutral colors continue to be the dominant color scheme, with whites/off-whites, grays and beiges/bones being the . . .  Read more >

GICS Real Estate: Soon In A Class Of Its Own

Chart showing pyramid of GICS classifications

Above: The GICS classification today.

The global business classification called GICS is about to undergo a makeover, and real estate is about to come into its own.

GICS was created in 1999 as a classification arrangement to categorize every type of publicly traded company.  GICS is a four-tiered, hierarchical industry classification system, consisting of ten sectors, 24 industry groups, 67 industries and 156 sub-industries.  Classifications are assigned by a company’s principal business . . .  Read more >

My Favorite Staging Accessory: Greenery

Styled Staged & Sold will be featuring staging professionals’ favorite staging accessories and props over the next few weeks. (Do you have a favorite? Submit your favorite for consideration to [email protected].)

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Photo credit: Michelle Boyle, California Chic Staging

Go-to prop: Fake tree or plant

Stager: Michelle Boyle, owner of California Chic Staging Co., Roseville, Calif.

Why I love it: “So many people use awful and outdated greenery in homes. Spending the money on really . . .  Read more >