For the first time since 2006, the conforming loan limit will rise in 2017. This change is important in today’s housing market as it allows the financing market to expand to meet the growing needs of strong consumer demand and rising home prices. Furthermore, while the conforming limits will rise, it is unlikely to adversely… Continue Reading New Conforming Limit Improves Financing from Coast-to-Coast
WASHINGTON (November 22, 2016) — Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October. Total existing-home sales 1, which are… Continue Reading Existing-Home Sales Jump Again in October
Nico Hohman By Nico Hohman The Golden Rule: We all know it; we all grew up learning it in elementary school. “Do unto others as you would have them do unto you.” Or, in layman’s terms, treat others the way you would want to be treated. While the sentiment behind the Golden Rule means well,… Continue Reading The Golden Rule is Wrong
Its the time of year where we gather together with loved ones while gorging ourselves on delicious (and far too much) food! For most of us, this tradition will take place in the warmth of our home, or the homes of friends and family. Here are a few fast facts about real estate, homeownership and… Continue Reading Infographic: Thanksgiving at Home
The housing market has indeed awakened from its summer slumber. Existing-home sales posted a 2 percent monthly gain in October and are now 5.9 percent higher than a year ago. Even more impressive? At a 5.60 million annualized sales pace, October was the strongest month for existing sales since February 2007 (5.79 million). Lawrence Yun, NAR… Continue Reading Existing-Home Sales in October: Highest Pace in Nearly a Decade
This Thanksgiving we look at how recent buyers are choosing their homes, and how their friends and family can influence their decision. While we don’t all get to see our families every day, for many home buyers having the option to do so can impact the home they purchase. Based on data from the recently… Continue Reading Thanksgiving 2016: How family and friends can influence the home purchase
For over three decades, the National Association of REALTORS® has collected data on the size of homes purchased, most notably the square feet of detached single family homes, in its flagship Profile of Home Buyers and Sellers report. Since 1981, the median size of homes purchased has increased rapidly in the first decade and then… Continue Reading Size of Homes: 1980’s was Bigger is Better & 2000-2010’s is Similar and Steady
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