Zillow announced the current national 30-year fixed mortgage rate dropped from 3.41 percent to 3.37 percent last week. According to the real estate website, the drop could be partially due to the recent 52-48 referendum vote in the United Kingdom to leave the European Union, otherwise known as Brexit. “Brexit has certainly impacted mortgage rates,” […]
Who doesn’t want more referrals and repeat business? If your referrals are lacking, there’s good news and bad news. The good news is you can fix it. The bad news is that you might have to look a little harder than you thought. Do you want the real secret weapon to getting more referrals? Become […]
This luxurious property in the Santa Barbara area was once home to late Philadelphia sports mogul Ed Snider, who commissioned the home to be built in 2001 by architect David E. Martin. The expansive property embraces an indoor/outdoor lifestyle, featuring a raised European-style glass tiled pool surrounded by rows of gardens, multiple fountains and a tennis court. Jim […]
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 […]
The age of digital communication has given companies the opportunity to reach an audience in a completely new way, but it has also eliminated a personal touch for some. Chicago-based Leading Real Estate Companies of the World is aiming to connect digitally with a bit more human interaction. LeadingRE announced June 23 that it added […]
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 […]
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 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. […]
U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213. Rents were up 2.7 percent in the second quarter of 2016 and climbed 5.6 percent on an annual basis. Year-to-date rents […]
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 […]
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