An overwhelming majority of recent home buyers this year worked with a real estate agent to purchase a home at 87 percent, according to the 2017 Profile of Home Buyers and Sellers. The top benefits that buyers listed of working with a real estate agent were: First-time buyers (83 percent) were twice as likely to… Continue Reading Benefits of Working with a Real Estate Agent to Buy and Sell a Home
If the latest Star Wars movie inspired you to expand your universe to include more intergalactic adventure, the National Association of REALTORS® has some information on some of the most out-of-this-world cities in America. Powered by WPeMatico
By Melissa Dittmann Tracey, REALTOR® Magazine White has become a classy go-to color this holiday season, and it’s perfect when staging a home during the holidays. Whether it’s white table linens, holiday stockings, ornaments, or even an all-white tree, the neutral color can be a way to decorate a home for-sale during the holidays without distracting… Continue Reading White Emerges as ‘It’ Color for Holiday Staging
Stronger demand amidst lagging inventory levels caused home prices to continue accelerating in most metropolitan areas. Among 177 metropolitan areas, 92% of them experienced an increase of home prices in the third quarter of 2017. We compared the local market conditions in these areas from a year earlier and we identified which metro areas had… Continue Reading Third Quarter Winners
Fire hazards, side hustles, yogurt, geology, Net Neutrality, traffic, and Star Wars. WATER YOUR TREE! Thank you. And while we’re on the subject, don’t plug space heaters into power strips. This tree substitute doesn’t need to be watered. Make your house work for you with one of these side hustles. Speaking of side hustles, we… Continue Reading What We’re Reading: December 11-15
Twitter just made it much easier to thread your tweets together; here’s their official announcement and instructions. Tweetstorms ahoy! Android or iPhone user, newbie or veteran, it doesn’t matter: follow these steps to keep your smartphone secure. Heck, while you’re at it, check out the complete Wired Guide to Digital Security. Where do you put… Continue Reading Twitter Threads Made Simple; Smartphone Security 101; More in Five for Wednesday
The new Choosing a Career in Real Estate: A Perspective on Gender, Race, and Ethnicity report compares the income, business activity, and demographic characteristics of each race and ethnicity. While White and Caucasian members make up the majority of NAR real estate agents at 74 percent, Hispanic, Latino, Mexican, and Puerto Rican members make up… Continue Reading Profile: NAR Hispanic and Latino Real Estate Members
David Hakimi By David Hakimi This article is part two in a two-part series on how to sell newly-constructed homes. Read part one here. In my last post, I discussed the buyer’s agent’s duties in a new construction transaction and the sales process. Now I’d like to touch on hurdles clients may face buying new… Continue Reading The Rookie Agent’s Guide to Selling New Construction: Part 2
Existing home sales rose 2.0 percent in October from one month prior while new home sales increased 6.2 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… Continue Reading Raw Count of Home Sales (October 2017)
In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion… Continue Reading REALTORS® Reported Strong Buyer Traffic in Many States in October 2017