By Melissa Dittmann Tracey, REALTOR® Magazine Are you looking for a bargain this Black Friday with home goods? Deals on household products and appliances are abundant this season. Need to add to your staging inventory or looking for that perfect housewarming gift for your clients? Peruse the ads to spot the best deals. TheBlackFriday.com has… Continue Reading Get Shopping! Black Friday Deals for the Home
Sure. Mindset, Method, & Metrics: Winning As A Modern Real Estate Agent (RockPaperStar Press, 2016) is a pragmatic guide to launching a real estate career. GaborfromHungary, Morguefile Yes, it’s written in a breezy, conversational tone that makes for easy consumption. It’s comprehensive, stopping to define common terms such as “sphere of influence” and “sales funnel” for… Continue Reading Now That’s Dedication
Over three decades, the number of homes viewed during buyers’ home search process has decreased while the number of weeks that buyers search has increased. The Profile of Home Buyers and Sellers has collected data since 1987 on the length of the home search process and the number of homes viewed. This year, NAR celebrated… Continue Reading Length of Home Search: Tightened Inventory Means More Time Looking At Fewer Homes
The housing finance market continues to normalize in the way of TRID and Brexit related delays. The average delay in time-to-close (TTC), the time from when a sale goes under contract to settlement, eased from 3.4 days in September to 2.8 days in October. Furthermore, the moderation was driven by a shift from settlements that… Continue Reading Closing Delays Continue to Subside
Technology, nature (bad), nature (good), inventory, toys, information, and Thanksgiving. Some genius devised a new, and much improved, use of drone technology! You might have heard something about the disappearance of bees over the past 10 years or so. Here are steps you can take to help the population. AJC1/flickr/2011 All those poor fish! This… Continue Reading What We’re Reading: November 14-18
The numbers are in for 2016—selling your home with a REALTOR® could get you $60,000 more on your home sale. From the recently released 35th anniversary edition of the Profile of Home Buyers and Sellers report, homes sold with an agent or broker received a median of $245,000 in 2016 compared to the median selling… Continue Reading Homes Sell For More With A REALTOR® Than If You Sell Solo, Research Says
Three years after the ability to repay (ATR) rule was implemented, the risky mortgage products that became common during the last boom and helped fuel the unsustainable run-up in prices are rare. That is one of the key takeaways from the 12th Survey of Mortgage Originators (SMO) which covers lenders’ insights on trends and policy… Continue Reading Lesson Learned: Few Risky Mortgage Products in the Market
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department’s October report on residential construction: “Housing starts soaring past the 1.3 million mark for the first time since 2007 is big and welcoming news. The choke point of the housing market growth potential has been the lack of supply. The… Continue Reading Instant Reaction: October Housing Starts
CHICAGO (November 16, 2016) –The National Association of Realtors®’ venture capital fund Second Century Ventures has become a strategic investor in Trust Stamp, an identity authentication company that leverages artificial intelligence and blockchain technologies. Trust Stamp, a startup founded in 2015 by Gareth Genner and Andrew Gowasack, is one of eight companies that entered SCV’s vertical… Continue Reading Second Century Ventures Invests in Trust Stamp and Keeping Realtors® Safe
NOTE: 4 of this week’s 5 items are about Google and Google products. Sorry if it seems unbalanced, but they’ve been busy, and putting out things that deserve attention. Amazon’s Echo has been a hit since its introduction, and it’s taken more than a year for a challenger to enter the voice-controlled smart home assistant… Continue Reading Google’s Home Steps Into the Ring Against Amazon’s Echo; Microsoft App Takes on Color Blindness; More