Position Your Brokerage for Success With C2EX
NAR PULSE— NAR is a collective force of 1.4 million members and now, more than ever before, we are all committed to helping people find, afford and protect their homes. By earning your C2EX Endorsement now, you can optimize business practices, enhance your ability to best serve clients during these challenging times, and position your […]
Case Shiller: Pandemic Driving Home Prices Higher as Inventory Shortages Continue
In March, home prices rose 4.4 percent annually, according to the recent S&P CoreLogic/Case-Shiller Indices—up from the previous month’s 4.2 percent. The complete data for the 20 markets measured by the S&P: Atlanta, Ga. February/January: 0.5% Year-Over-Year: 4.9% Boston, Mass. February/January: 0.0% Year-Over-Year: 4.8% Charlotte, N.C. February/January: 0.3% Year-Over-Year: 5.8% Chicago, Ill. February/January: 0.1% Year-Over-Year: […]
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New-Home Sales Hold Steady in April
New-home sales dropped by 6.2 percent on an annual basis, according to the Commerce Department’s Monthly report this week. However, home sales are up 0.6 percent over the revised March rate of 619,000—a positive sign the market will rebound. New-Home Sales: 623,000 For-Sale Inventory: 325,000 Months’ Supply: 6.3 Median Price: $309,900 What the Industry’s Saying […]
Realogy Franchise Owner Meeting Discusses Housing Challenges and Opportunities With N.J. Senator
On May 19, Realogy CEO Ryan Schneider hosted a virtual franchise owner meeting with guest New Jersey Senator Bob Menendez. The Q&A-style discussion covered the latest in housing advocacy as it relates to COVID-19 financial relief, as well as the biggest challenges and opportunities the industry is facing today. “The scale of the crisis is […]
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Refinancing Your Mortgage in a Pandemic: Expect Longer Waits, Virtual Process
(TNS)—Heather Morris wanted to pull some cash from her Georgia home to pay for renovations, and she was eager to take advantage of rock-bottom mortgage rates. But when her lender told her in March that it could take six months to process her refinancing, Morris wasn’t hopeful. “I didn’t think it was going to happen,” […]
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Maintaining a Presence
REALTOR® Will Higgins’ fledgling years in the real estate business were off to a great start. But then the coronavirus pandemic hit. “Before this all happened, people were actually calling me to buy homes, and as a newer agent, that was a big deal,” laughs Higgins, a REALTOR® with Keller Williams Vision. “It’s typically me […]
Guiding Agents Through Today, Prepping Them for the Future
Bobby Mahan Broker/Owner CENTURY 21 Selling Paradise Cape Coral, Fla. www.swfloridaareahomesearch.com Region served: Southwest Florida, including the greater Cape Coral/Fort Myers/Naples area Years in real estate: 42 Number of offices: 2 Number of agents: 140 The market, before and since the pandemic: Prior to the coronavirus outbreak, our market was very strong. Now (at press […]
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Market Summary: Existing-Home Sales Down, Limited Inventory Still Attracting Buyers
Existing-home sales continue on a downward trend amidst the coronavirus pandemic, according to the April National Association of REALTORS® (NAR) report. The adjusted annualized rate of sales in April 2020 totaled 4.33 million, down from 5.23 million in April 2019—a 17.2 percent decrease YoY and the lowest level of sales since July 2010. Month-over-month, existing […]
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Thoughts on Leadership: Remembering Don Shula
Any system of execution must also be accompanied by an equally effective scorekeeping measure. It’s impossible to win if you can’t keep score. And on the topic of winning, we lost a great leader—and the winningest coach in NFL history—this month when Don Shula passed away May 4 at the age of 90. In his […]
New Luxury Markets to Watch in 2020
The Institute for Luxury Home Marketing is recognized as a leading source for providing statistical data and analysis on the luxury real estate market. In the recent release of their annual Luxury Report, Coldwell Banker Global Luxury partnered with The Institute to garner clearer insights on the state of the luxury real estate industry during […]