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Looking for ‘My Lighthouse’? Historic property for sale in Virginia

If you have a down payment on a $249,000 property and a secret dream to help boats find their way safely home after short (or long) journeys, then do we have good news for you! One of the most-viewed properties this week on realtor.com was the Wolf Trap Lighthouse, an honest-to-goodness three-bedroom, 1,500-square-foot lighthouse in […]

Lead management success: From cold prospects to closed deals

Many agents consider online lead generation a challenge. While some sources work better than others, most would agree: converting these leads are just as difficult as deciding where to get them from. When managed effectively, however, online lead gen can be a lucrative supplement to your current business. On Wednesday, April 5, at 10 AM […]

Home equity continues to strengthen, but at a slower pace

Years after the housing crisis, many, but not all, homeowners have emerged from negative equity. At its peak in 2012, negative equity sat at 31.4 percent. As Zillow reported in a recent update, at the end of 2016, just 10.5 percent of homeowners were still underwater, down from 13.1 percent of homeowners at the same time […]

Could association health plans be the health care reform brokers need?

Although the national health care reform outlined in the American Health Care Act (AHCA) was pulled from the House of Representatives last week, a less-spotlighted bill that also deals with health care did pass — and will now wend through the Senate before (perhaps) landing on President Trump’s desk for a signature.It’s the Small Business Health […]

Amne and ZHome, Opendoor competitors, emerge in Austin, Texas, and Las Vegas

If imitation is the sincerest form of flattery, then Opendoor should be delighted by the business models of ZHome and Amne.On the heels of Knock and OfferPad, these two additional property-exchange platforms have sprung up in recent months, underscoring a groundswell of interest in a new alternative to traditional listing brokerage.Like Opendoor, Las Vegas-based ZHome […]

CEO and President Rick Davidson moves aside at Century 21 Real Estate

Rick Davidson will move aside as CEO and president of Century 21 Real Estate (C21), a Realogy Franchise Group brand, after holding the position for seven years, effective April 21. C21 COO Greg Sexton will handle day-to-day operations in the interim. “We are moving expediently, yet deliberately, to conduct a thorough search and evaluate candidates […]

Where are consumers feeling the pinch of the MIP-reduction-that-wasn’t?

January’s administration change left some homebuyers with the somewhat unexpected side effect of whiplash. The source? An 11th-hour mortgage insurance premium (MIP) rate reduction — and then a stroke-of-midnight repeal of that reduction. It’s politics as usual on one hand, but on the other hand, this reduction-and-repeal dance had a real impact on some markets where […]

Daily market update: March 28, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average […]

Off the sidelines and into a home: How to help underserved buyers

Home prices have been increasing steadily for years, but those increases have been balanced by record-low interest rates.As rates have recently begun to increase alongside prices, this rise has created affordability issues for potential homebuyers.According to the First American Real House Price Index (RHPI), consumer homebuying power decreased 5.1 percent between November and December of […]

5 qualities of the most-referred real estate agents

For most real estate agents, referrals are the best way to generate new business. A warm referral not only puts you in contact with a prospect immediately, it also sets the stage for a more trusting mutual relationship.Advertising, networking and prospecting are all good ways to increase lead flow, but creating a relationship with a […]

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