Existing-home sales increased 1.1 percent in June from one month prior while new home sales rose 3.5 percent. These headline figures are seasonally adjusted figures and are reported in the news. However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures. The raw count determines income… Continue Reading Raw Count of Home Sales (June 2016)
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Lenders continue to deal with the effects of TRID and wavering investor demand but are more optimistic about investor demand for mortgage in the second half of 2016. Those are some of the sentiments expressed in the Survey of Mortgage Originators for the 2nd quarter of 2016. NAR surveyed a panel of lenders from credit… Continue Reading TRID Costs and Lender Optomism in the 2nd Quarter
Does house price appreciation prior to children attending college impact their future earnings as adults? This was the subject of a presentation at a recent REALTOR® University Speaker Series by Dr. Daniel Cooper, Senior Economist and Policy Advisor at the Federal Reserve Bank of Boston, who co-authored a study on this question with Maria J.… Continue Reading House Price Growth When Children are Teenagers—A Path to Higher Earnings? A REALTOR® University Speaker Series Presentation
Silicon Valley, history, fashion, MTV, Netflix, architecture, business, the future, and the Olympics. Housing inventory and prices in Silicon Valley have been increasingly discussed issues. Facebook has made a proposal to address these. Like? Vrooom vroom…he’s the leader of the pack! What influence has Elon Musk had this time? Among 90s fashion, cargo shorts weren’t… Continue Reading What We’re Reading: August 1-5
The following Field Guides have recently been updated in the Library: International Referrals With NAR Global, REALTORS® can diversify their clientele. By completing the Certified International Property Specialist (CIPS) designation, the At Home with Diversity (AHWD) certification, or the Resort and Second Home Property Specialist (RSPS) certification, our members gain the global perspective to fully… Continue Reading New and Updated in the Library – August 2016
Field Guides are one-stop resource packages on dozens of subjects of interest to REALTORS®. On each page you’ll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used field guides from Information Central for the month of July 2016 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for July 2016
Hustle, taxation, emoji, engineering feats, binge-watching, ALS, famous homes, birds, and Pokemon. How do you evaluate work performance beyond the normal metrics? The government of British Columbia has taken steps to discourage foreign buyers in the Metro Vancouver area. For all you non-Millennials out there, there’s a translation app for emoji! Ok, we’ll dial back… Continue Reading What We’re Reading: July 25-29
There are many reasons to turn to a coach. We seek out coaches to elevate teams to the next level; we hire coaches to teach us how to evaluate life choices; and we engage coaches to personally tailor plans to our needs for efficient results. Sometimes we call them coaches, other times we call them… Continue Reading Business Coaches
There are lots of call-blocking apps, but you don’t need them. Your Android or iOS phone can do this all by itself. Learn how. The US Department of Energy’s SunShot Initiative seeks to make solar energy cost-competitive by 2020. They’ve got great resources for homeowners and REALTORS®, including this guide to financing a residential installation.… Continue Reading How to Block Calls on Your Cell Phone; Solar Energy and Real Estate Resources; More in Five for Wednesday