Steady job creation over the past five-plus years, unattractive rent costs and the anticipation of a mortgage rate increase are propelling homebuyers into the spring market at a faster rate than expected, according to the National Association of Realtors. Pending home sales in April reached their highest level in over a decade, with gains in …
Pending home sales spike to 10-year high in April Read More »
CHICAGO — Discussing advanced real estate analytics over gut feelings and old-school approaches can bring about a fervor similar to religion. There are many in the middle, but believers and skeptics always seem to speak loudest. Avi Gupta, CEO of real estate data firm SmartZip, has no problem with following your gut, but as your …
Why are leading housing economists such as Sean Becketti of Freddie Mac, Mike Fratantoni of the Mortgage Bankers Association and National Association of Realtors’ Lawrence Yun still worried about rates on the long term? Although Becketti has lowered estimates to 3.9 percent by the end of this year, he still expects rates on a 30-year …
I can’t call myself a digital native because that term is reserved for people who are the same age as my adult children. I’ll just say that I have had internet access in my home since the 1980s, and I fully appreciate the difference between a 300 baud dial-up modem and a 1,400 baud dial-up …
Flip the traditional flip approach by keeping the investment for the long-term rather than selling as soon as possible post-renovation. This portfolio-type investment strategy of “hold, accumulate, then flip” has been afforded to and utilized by large-scale investors for years in both the residential and commercial real estate markets, and it’s often seen as a …
The residential home flip isn’t dead — it’s changing Read More »
Realtor Rob Thompson was once contacted by a future client for an unusual reason. Another agent, who had never met Thompson, had “so vociferously denounced” Thompson that the client “felt they had to meet me,” he said … Powered by WPeMatico
Mortgage rates plus all the latest real estate market news … Powered by WPeMatico
Hiroshi Horiike, a retired Chinese millionaire, bought a Malibu house in 2007 for $12.25 million cash. The advertised square footage was 15,000 square feet, but the actual square footage was under 9,500. Horiike sued the listing agent, Chris Cortazzo, and Coldwell Banker, the broker, for violating fiduciary duties … Powered by WPeMatico
If we already know we can, then to me, that’s ordinary, not extraordinary. Every single one of us can assess ourselves and our capabilities. When we know that we can do things, we usually go ahead and take on a challenge — knowing full well that we are capable of overcoming that challenge. That’s ordinary …
Podcast: Greg Harrelson on the true meaning of extraordinary Read More »
If you’re wondering how to become a mega agent, look no further. Today, we’re talking about the real estate treasure map and how it can lead you to consistent success. Commit to the powerful spokes you need to make your business wheel turn, a relentless lead follow-up plan and a schedule that works for you, …
Podcast: A step-by-step guide to becoming a mega agent Read More »
