Existing home sales dropped 0.9 percent in August from one month prior while new home sales slipped 7.6 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 (August 2016)
Baseball, privacy, nature, safety, bees, coffee, TV, home buying, and bathrooms. The Chicago Cubs are having a record season — how did Theo Epstein put this team together? Let’s hope the Cubs can put this mess behind them! No one deserves an ordeal like this, but can oversharing information on social media make you a… Continue Reading What We’re Reading: October 3-7
The following is NAR Chief Economist Lawrence Yun’s reaction to today’s September jobs report from the U.S. Bureau of Labor Statistics: “The latest jobs report shows a softening monthly trend with 156,000 net new jobs in September. Nonetheless, the year-over-year gains have been fairly steady, now showing 2.45 million new jobs over the past 12 months. The… Continue Reading Instant Reaction: September Jobs Report
The following Field Guides have recently been updated in the Library: Cell Phone Towers Cell phone towers may bring extra tax revenue, greater reception, and security to a city or town. Despite these benefits, many remain skeptical of towers due to potential health risks, environmental aesthetics, and the impact on property values.. Home Owners Association… Continue Reading New and Updated in the Library – October 2016
If the American League and National League’s wild card games are any indication, there’s no doubt we’re in for an unpredictable Major League Baseball postseason. Just as you would never consider buying or selling a home without a Realtor®, a baseball manager would never not put in his best relief pitcher – one that hadn’t… Continue Reading Predicting the World Series Champion by Home-Price Movements
Every month NAR produces existing-home sales, median sales prices and inventory figures. The reporting of this data is always based on homes sold the previous month and the data is explained in comparison to the same month a year ago. We also provide a perspective of the market relative to last month, adjusting for seasonal… Continue Reading August 2016 Existing-Home Sales Over Ten Years
It’s something many real estate professionals know about. Right after a sale closes, many clients don’t just like the agent that helped them; they love the agent that helped them, especially when the transaction went seamlessly and was even pleasant. Of course, happy buyers often make great sources of referrals snd, down the road, they’re… Continue Reading The Business Case For Caring About Clients Long After the Sale Closes
Alexis Craig By Alexis Craig The true test of whether or not you own a real business is if you can go on vacation to a place like Fiji—without your cell phone—for two weeks and continue to see your income grow. If you need to be working everyday in order for your business to grow,… Continue Reading 4 Steps to Hiring Out Your Sales Process
WASHINGTON (October 5, 2016) — Realtors® raised concerns earlier this year when the Federal Housing Administration’s “Single Family Housing Policy Handbook” included new requirements for appraisers to operate and physically observe appliances on a property during the completion of an appraisal. This inspector-type role far exceeded previously understood appraiser duties and... Read MorePowered by WPeMatico
With the announcement of 5 new products, Google is (finally) getting serious about hardware. Facebook is rolling out “Secret Conversations” to their Messenger service; you and someone else who has opted into using it can now have device-to-device encrypted chats. Those who said 2016 will be the breakout year for VR are looking pretty wise… Continue Reading Google Gets Serious About Hardware (and Hardware and Hardware and…), Plus Four More Items in Five for Wednesday