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First-time Homebuyer Share 35% in June 2020 The share of first-time buyers is now trending higher than the 29% to 32% average in the years since 2012. By: Scholastica (Gay) Cororaton Powered by WPeMatico
June 2020 Existing-Home Sales Housing market activity this June jumped 20.7% from May 2020, and June’s sales of existing homes dropped 11.3 % from June 2019. By: Michael Hyman Powered by WPeMatico
By Erica Christoffer Did you know there is no formal application process to start a Young Professionals Network? Nor is there a cost to join YPN. YPN—an official program of the National Association of REALTORS®—is for those young at heart and young in the business. Its goal is to increase member engagement at the local,… Continue Reading Build Your Business Through YPN Involvement
Remotely Staged and Sold in 2 Days By working with home sellers over video calls, home stager Sarah Greco was able to transform a space and attract buyers. By: Melissa Dittmann Tracey Staging, Using Digital Video as a Marketing Tool Powered by WPeMatico
Housing Affordability in May 2020 At the national level, housing affordability showed signs of improvement in May 2020 compared to a year ago but fell compared to April. By: Michael Hyman Powered by WPeMatico
Unemployment Claims Continue to Decline In the week ending July 11, new unemployment claims decreased to 1.3 million, a decrease of 10,000 from the previous week's revised level. By: Nadia Evangelou Powered by WPeMatico
Price Differential Drives Office Demand to Suburbs Suburban office space acquisitions have been on the rise since 2017, but this trend may pick up with social distancing and increased remote work. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate Powered by WPeMatico
Coronavirus Impact on Retail Commercial Markets The retail property market is one of the most negatively affected commercial markets by the coronavirus pandemic and measures taken to contain it. By: Brandon Hardin Commercial & Investment Real Estate, Retail Properties, Coronavirus Powered by WPeMatico
Coronavirus Impact on Industrial Commercial Markets The industrial property market performed relatively well; it was not as negatively affected by the coronavirus pandemic as other commercial markets. By: Brandon Hardin Commercial & Investment Real Estate, Industrial & Warehouse, Coronavirus Powered by WPeMatico
By Rebecca Donatelli Inspired. Fall 2016: I had made it to the end of my first year in the real estate business. It was a solid first year, and I had earned the “Rookie of the Year” title at my brokerage. I was excited about my new venture, but still terrified nonetheless. I’ll never forget… Continue Reading The YPN Effect: Iron Sharpens Iron