The state of the housing market isn’t defined by any single factor but rather an array of interlocking variables. When the disparate parts are put together, what’s the bigger picture? That’s what Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research reveals in its quarterly National Housing Market Summary. For the […]
Although Americans are notoriously insular, the economic upheaval overseas is going to influence the U.S. housing market in one way or another. Between China’s economy and the British exit from the European Union (aka Brexit), there’s a lot happening that will have an effect here. The National Association of Realtors released its annual 2016 Profile […]
The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]
The S&P Dow Jones Indices recently released the S&P/Case-Shiller Home Price Indices, showing continued growth in home prices over the last 12 months. The report showed that U.S. home prices have improved 5 percent year-over-year in April. Although national growth didn’t quite reach March’s 5.1 percent gain, the steady year-over-year increase is supported by six […]
As we continue our series on price reduction scripts, motivation is a major factor. There are two kinds of sellers: have-to and want-to sellers. So, what is a have-to seller? They sell for: Financial reasons Short sale Probate Divorce And how does this affect price? Motivation plus timeframe equals a better price. A lack of motivation […]
The advent of technology has called into question the need for real estate agents. Not unlike the once-prominent travel agency, online portals are attempting to relegate real estate agents to a thing of the past. However, I am here to tell you that real estate agents are more necessary today than they have ever been. […]
Millennials are on the move. In fact, they are the largest population of homebuyers in the United States representing 32 percent of home purchases in 2015, according to realtor.org. The key to their hearts is user-generated content. For the purposes of real estate, we will call this agent-generated content (AGC). Millennials gravitate to websites that […]
For a first-time buyer, nothing is more important than properly protecting a new investment, and that means purchasing a homeowner’s insurance policy. As the buyer’s agent, you can help build an understanding about the importance of appropriate insurance coverage. Here are just a few tips to share with first-time homebuyers: 1. Factor in home insurance When […]
I’m sure you’ve heard this plenty: finding a real estate mentor can be one of the best ways for a less-experienced agent to achieve success early on. For new agents, mentors provide hands-on experience, invaluable lessons from the field, encouragement and living proof that you can truly make it in real estate. What’s in it […]
Millennial renters are just fine with sharing a home, according to Zillow. The number of millennials living alone has been declining since 2005, largely because of the rising cost of home prices and rent rates. According to a new report released by Zillow, about 9 percent of millennials are living with another individual. The highest recorded […]
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