New-home sales inched up 0.8 percent in June, but sales would be higher if there were more new homes to sell. Sales of newly built single-family homes reached a seasonally adjusted annual rate of 610,000 units in June, according to a joint report released by the U.S. Census Bureau and U.S. Department of Housing and Urban Development.“While new home inventory rose slightly in June, it remains tight as builders face lot and labor shortages and in
Homes are selling faster in July, and many markets are hotter today than they were a year ago, realtor.com® notes in its newly released housing report. California markets continue to see some of the most traction from home shoppers.“We normally see the housing market begin to slow down in midsummer, but this year has been a different story,” says Javier Vivas, realtor.com®’s manager of economic research. “Mid- to lower-tier homes are fl
Women are gaining notoriety in commercial real estate, but more support within the industry is necessary to encourage future female entrepreneurs to ascend the ladder of leadership, panelists said during the Chicago Association of REALTORS®’ recent commercial forum. The discussion was part of the forum’s annual “Successful Women in Commercial Real Estate” series, which aims to highlight women as thought leaders and provide mentorship opp
A career as an agent can be one of the most rewarding jobs you ever have (and also one of the most challenging)Key Takeaways Develop your motivation for becoming a real estate agent. Know the personal and financial resources you’ll need to succeed. Get a mentor, a sponsor and a buddy.Congratulations! You have made the wonderful decision to pursue a career in real estate as a licensed real estate agent.A career as an agent can be one of the mos
Partner with a brokerage that packages buyer rebates with discounted loansReal estate agents far and wide know financing challenges can make or break a deal, even if they have a preapproved buyer ready and willing to make a purchase.Buyers, of course, face the biggest purchase of their lives when buying a home, and the list price isn’t the only thing they have to worry about.The transaction includes a number of costs beyond a home’s sale pric
Have a clear direction of where you want to be in your career, and align your efforts to reach your goalsWhen you’re starting out in real estate, you wake up every day hoping and praying for success. You’re trying new things on the daily. Mailers go out to the masses with your branding plastered all over them.Your email campaigns reach anyone who’s given you an email address. Pounding the pavement and networking have become second nature t
Share your positive reviews on the sites that matter to attract more clients -- it's all about visibilityKey Takeaways The popularity of each real estate review site varies by market. Find out which sites are most popular in your market, and focus your attention there.Leverage reviews to build your business’ credibility so you can attract more clients and earn more real estate commissions.With a proven system guiding your efforts, leveraging
About ChristopherPurchasing property is a major decision and it is important that you choose an agent who you have confidence in and feel you can trust. There are many issues to consider when selecting an agent but few as important as your agent's dedication. Our view is simple – clients count!Successful investment is comprised of three main factors – long term capital growth, maximum rental yield achievable and near constant occupation. Long
Instagram boasts more than 200 million active monthly users. It has quickly emerged as one of the most popular social media platforms. How can you use it to grow your own network? Forbes.com columnist Tom Ward recently offered a few tips, including:Create a theme for your page. Figure out what you are trying to promote on Instagram and stick to it, Ward writes. Have a separate account for your personal posts, if necessary. “You can’t expect
More Americans are renting homes today than at any time in the past 50 years, and more investors are looking to cash in, newly released data shows.HomeUnion, which helps investors find single-family rental homes, released a list of projections for investors looking to rent out and hold properties for the next five years. Researchers considered factors like vacancies, rent appreciation, permitting activities for both apartments and single-family
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