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…
In late-breaking news Tuesday Brookfield Residential Property Services, a Brookfield Asset Management Inc. affiliate, announced that it has purchased Prudential Real Estate and Relocation Services (PRERS), a recognized leader in employee relocation and...
This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Save up to 48% on printers from Xerox, get 3600 customer service ideas, and growth expected in commercial markets in 2012. Save Up to 48% on Xerox Printers NAR member…
This intriguing question will be answered this week by a panel of industry experts at RISMedia’s 16th Annual Power Broker Forum, being held from 2:30-4 p.m. on Friday, Nov. 11, 2011, at the Anaheim Convention Center in Anaheim, CA, during…
Prudential Florida Realty, a member of RISMedia’s Real Estate Information Network® (RREIN), announced its growth in Palm Beach County as Broker/Owner Scott McVey and the Sales Professionals of Blue Water Realty merged their office with Prudential Fl...
One hundred might seem like an arbitrary number of transactions, and it is. Yet, from our experience, it’s also an ideal milestone for real estate professionals looking for a more stable and productive business environment. Still you may wonder, why&...
As economic conditions continue to challenge and stymie real estate professionals and their consumers, RISMedia and Citi have come together to host a by-invitation-only event during next month’s REALTORS® Conference & Expo: The Power Broker Econ...
Greg Rand (@gsrand, CEO of OwnAmerica, and host of “Rand on Real Estate” on 770 WABC, discusses with a caller the reality that banks are not tightening their lending standards; they are just following the standard…