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In the wake of a soft 2016, the economic growth remained weak during the first quarter of 2017. Based on the second estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis (BEA), the United States economy rose at an annual rate of 1.2 percent. While the second estimate was an improvement… Continue Reading Industrial Demand Slows in Wake of Soft Consumer Spending
The more I learn about real estate, the more evident it becomes that the industry touches everything. That’s definitely the feeling I got while reading Placemakers: Emperors, Kings, Entrepreneurs: A Brief History of Real Estate Development (Figure 1 Publishing Inc., 2017), by Herb Auerbach with Ira Nadel. It’s sort of a cross between a coffee… Continue Reading A History of the World Via Real Estate
WASHINGTON (June 6, 2017) — One-fifth of surveyed Realtors® practicing in commercial real estate closed a sale with an international client in 2016, and as foreign investors flock to smaller-sized commercial properties in secondary and tertiary markets, many Realtors® are confident that increased sales and leasing activity will occur in 2017. This is according… Continue Reading Realtors® Survey: Led By China, Foreign Investment in U.S. Commercial Real Estate on the Rise
This Friday in celebration of National Homeownership Month, NAR President William E. Brown, NAR Chief Economist Dr. Lawrence Yun and Berkeley Hass Real Estate Group Chair Ken Rosen lead an impressive list of notable speakers at NAR’s Sustainable Homeownership Conference at Memorial Stadium in Berkeley, California. In addition to discussions on market trends, housing affordability and inequality,… Continue Reading This Friday’s Sustainable Homeownership Conference: Five Hurdles to Buying a Home
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” The REALTORS® Buyer Traffic Index indicates that buyer traffic conditions can be characterized as “moderate” to “very strong” in all states… Continue Reading REALTORS® Reported Strong Buyer Traffic in Many States in April 2017
WASHINGTON (June 5, 2017) – REALTOR® Magazine and the Good Neighbor Society have announced the recipients of the ninth annual Volunteering Works grants and mentoring program, which matches Realtors ® who work on small-scale charitable efforts with mentors and awards them grant money. The five Volunteering Works recipients will receive a $1,000 seed grant and… Continue Reading Realtor® Volunteering Works Program Announces 2017 Mentoring and Grant Recipients
Anita Clark By Anita Clark It can be difficult for both new agents and seasoned professionals to maintain a year-round stream of prospects from our online marketing efforts. This is especially true if we do not focus on a specific niche or market segment. It is easy to get sidetracked by the latest shiny real… Continue Reading Finding Your Real Estate Niche
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?” The chart below shows the median days on market by state.[1]… Continue Reading Median Days on the Market Declines to Lowest Level of 29 Days in April 2017
In the wake of a moderate 2016, the rate of economic growth remained tepid during the first quarter of 2017. Based on the second estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis (BEA), the United States economy rose at an annual rate of 1.2 percent. While the second estimate was… Continue Reading Rising Supply in CBD Markets Puts Pressure on Office Vacancies in the First Quarter of 2017
By Greg Geilman Photo credit: Morguefile.com/jonathan11 It’s difficult to understand how a reverse mortgage works and how selling a home with one differs from the standard procedure. The truth is that it’s very similar; the major difference is the way the lender manages the loan amount if it exceeds the home price. If you’re working… Continue Reading What to Know About Selling a Home With a Reverse Mortgage