Mortgage applications for new-home purchases decreased 2.2% YoY, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2021. On a monthly basis, applications decreased by 3%. MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 905,000 units in November 2021. Key findings: The...
Source: PWB SHE built it and SHE sold it! The House That SHE Built, a new home in Saratoga Springs, Utah, designed and built entirely by a female crew, was purchased last month for $675,000. Thanks to the work of countless sponsors and volunteers, $262,200 from the sale will go to advancing efforts to get more women into the construction industry. And the project...
Another year is coming to a close and, with the holidays behind us, we have the New Year now to look forward to. Many people make New Year’s resolutions, whether it be to go to the gym more or quit smoking, but you should also consider making a professional resolution in 2022. From getting more organized to becoming more focused on being proactive, there are endless...
Winter is one of the least popular times of the year to sell a home, but buyers in the market during this time are typically more serious about purchasing a property. If your sellers are motivated to list their home during the winter months, guide them in making their property appear as attractive as possible so they can get the best price from a buyer. From clearing...
As 2021 comes to a close, real estate professionals are looking ahead at what to expect for the new year. From the ever-fluctuating housing market to a non-stop influx of new homebuyers, coming up with the new and best ways to do business is top priority. As for marketing, which may arguably be the most important aspect in a successful real estate business, there...
Do you need more realty clients? Discover how you can get more clients this year, even if you are a new REALTOR®. Learn the top tips & tricks that are working now. Do you find yourself wondering how to get more clients as a REALTOR®? Look no further! Clients are the backbone of a successful real estate business. Whether you are a seasoned industry professional...
Matthew Cohen’s love for real estate stems from his childhood walking up and down New York City’s Upper West Side with his grandfather. He hasn’t lost that passion as he has spent the past decade ascending the ranks as a Top-350 agent in the U.S. Despite his success, Cohen holds on to the ethos of being a nice and knowledgeable real estate professional devoted...
By Lizzie Weakley For many years, the Federal Housing Administration was regarded as a destination for borrowers with low to zero credit scores. However, the same cannot be said about the department today. The FHA is now a go-to-place for moderate-to-low income workers with good credit histories. A home is a long-term investment, however, when purchasing a home,...
As an associate broker for RE/MAX Centre REALTORS®, Scott Geller leads a local 4,000-member association, and has influence statewide and nationally. He also heads a successful real estate sales and appraisal businesses. At the start of the COVID-19 pandemic, Geller helped develop a short-term emergency plan, as well as a long-term strategic plan, focusing on social...
It appears that every day there's a new headline urging the industry to protect itself against so-called disruptors, especially in the iBuying and portal space. The topic was discussed during RISMedia's most recent webinar, "The Battle for Tomorrow: How Brokerages Can Beat Zillow to the Consumer," sponsored by Inside Real Estate and moderated by Workman...
