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Daily market update: April 27, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, April 26 Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey Mortgage applications increased 2.7 percent from one week earlier The Refinance Index increased 7 percent from the previous week The seasonally adjusted Purchase Index decreased […]

Global wealth is on the move — what’s that mean for agents?

I recently attended a meeting at the Coldwell Banker global headquarters in Madison, New Jersey. I came to learn about the new Coldwell Banker Global Luxury program and was very excited to see that our leaders understand that luxury real estate goes beyond the U.S. borders. While I was here, I also experienced a new type of […]

Are you ready to quit your job and become a full-time real estate investor?

When should you quit your job to become a full-time real estate investor? Ian Walsh, director of Hard Money Bankers’ Philadelphia office, joins Jason Balin, director of our main office in Columbia, Maryland, to talk about what to consider before jumping into entrepreneurship in the real estate investing industry. Becoming a business owner is a scary […]

Plenty of leads, no conversions? 5 tools to boost returns

If online lead generation is one of the pillars of your business, then you’re already well-versed in the hustle of online lead conversion.  The national average to convert an online lead to a sale hovers around 2 percent. The internet lead game requires speed-to-lead and persistent follow-up to maximize your return on investment. Competition for online […]

Meager listings prompt pending home sales slip

What goes up must come down, and that’s true for The National Association of Realtors Pending Home Sales Index, which took a dip this month after a string of impressive numbers. March’s PHSI, which is based on contract signings, dipped to 111.4, a 0.8 percentage point drop from February’s 112.3. NAR chief economist Lawrence Yun says […]

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