Real estate trends is a generic term used to describe any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
MSN reports that home prices have dropped by a record amount and illustrates with a chart of historical real estate prices. See “S&P;/Case & Shiller Housing Price Indices”. Real estate property values have trended upward in the range of 2-5% almost every year since World War II, but for the last 3-5 years they have declined. From 2007 to 2008 prices declined as much as 39% per year -though the average decline appears to be lower.
At one time, all real estate brokers and agents, or Realtors, practiced “single agency,” meaning they represented only the buyer or only the seller and generally the seller. In the 1990s, the concept…
We have many reasons to be optimistic about housing. Past-due mortgages and foreclosure filings have been trending down in recent months, not to mention inventory is decreasing, interest rates are lower than ever and home prices are stabilizing. But th...
Maintaining a competitive edge in today’s market takes more than positioning yourself as an educated, trusted advisor. As buyers and sellers alike continue to turn to the Internet to start their real estate search, it’s more important than ever tha...
Builder confidence in the market for newly built, single-family homes edged up two points from a downwardly revised number to 21 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December. This marks a third consec...
In the world of listings, the silver medal means absolutely nothing. It pays less than nothing. And, in fact, it actually costs you, because of all those wasted hours (and gas for your car, materials for the listing presentation, etc).…
The heart of any company can be found beating inside the walls of its customer service department. Providing superior customer service after the sale is a smart business decision that pays long-term dividends. All the money a company spends on…
Purchasing a home, especially if it is your first time, can be an extremely stressful and complicated process. It is easy to get overwhelmed by your choices and the many steps it takes to get the deal closed and the…
This week, the Real Estate Marketing Summit is returning to the exemplary location of the Hotel del Coronado in San Diego, Calif., where hundreds of participants have registered to arrive on Wednesday, December 14th, 2011. Thousands, throughout the wor...
Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged and near their record lows helping to keep housing affordability high for those borrowers w...
The jumbo 30-year fixed mortgage rate fell to a new record low of 4.68 percent, according to Bankrate.com’s weekly national survey. The average jumbo 30-year fixed mortgage has an average of 0.4 discount and origination points. To see mortgage ra...
Real Estate Marketing Summit 2011 (REMS) is in the process of making the final preparations for this year’s event, being held Dec. 14-15 at the Hotel del Coronado in San Diego. Highly successful in its inaugural year, REMS 2010 was…