The number of privately-owned housing units authorized by building permits dropped 6.1 percent from May to June and fell 6.6 percent year-over-year, according to the latest data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development, released Wednesday. Despite both the monthly and annual decline numbers coming in at above 6 […]
A slowing global economy and a shortage of available stateside homes contributed to a slowdown in purchases from foreign buyers, according to a new NAR report. Source: click here
Emerging from a low point in his life, both personally and professionally, Gary Keller reevaluated, reprioritized and let go of fear, allowing himself to take a leap of faith and create Keller Williams as we know it today. Show Notes: 1:15 – The market tanked as Gary went through a painful divorce. But he says […]
In light of the recent earthquakes in Southern California, there is no better time to remind ourselves of the ways in which we can educate, provide referrals and solidify client relationships on a grand scale. Here are four ideas on how to help clients prepare for “the big one.” Source: click here
Young consumers are blithely unaware of the importance of credit scores to their financial lives, according to recent surveys. This is troubling as Americans’ debt levels reach record highs. The good news is that people tend to change their behaviors once they learn how their financial habits impact their scores. Source: click here
With each year, a successful Miami agent is seeing more of her low- and middle-income clients struggling to find reasonably priced homes they can afford — and it’s only getting worse. What can she and her broker do to better serve these clients while at the same time helping their sellers earn top dollar for […]
According to recent data from REAL Trends, the average retained company dollar dwindled to a mere 14.8% in 2017. This is down from 22% just 5 years prior. Brokerages are faced with pressures on commission splits, non-producing agents, and occupancy and payroll that are eating more and more into profit margins. Fortunately, a new study […]
The cost of renting a single-family home is growing steadily — for now. According to the latest CoreLogic data released on Tuesday, monthly rent for a single-family home grew 3 percent year-over-year in May. Per Yardi Matrix data, that puts the national average rent at $1,442. Overall, rent prices increases have stabilized over the last year for an average of […]
Zillow Offers is expanding into the Pacific Northwest. On Monday, Zillow announced its instant offer homebuying service would soon launch in Portland, Oregon, as well as the city of Vancouver, Washington, about 10 miles north. “We’re excited to launch our first market in the Pacific Northwest today, giving potential home sellers in Portland and Vancouver the certainty and transparency they want when […]
Builder confidence for newly built single-family homes rose to 65 points in July, according to data released Tuesday by the National Association of Home Builders (NAHB) and Wells Fargo. The Housing Market Index (HMI) is a weighted average of separate indices for three single-family data points. It asks respondents to rate the market conditions for the sale of new […]
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