Q: I just had a listing presentation and presented a CMA (Comparative Market Analysis) to a couple who thought they would be able to get hundreds of thousands of dollars more for their home than they can in this market. They were banking on this home to allow them to retire. I feel terrible – […]
Posts Tagged ‘housing market’
In the News
According to RealtyTrac, pre-foreclosure filings are down 39.6% over the prior year. Click here to read more at www.realtytrac.com
Ask Denise: Expired Listings Replacement
Q: Denise, my business has slowed down since the spring and I want to make sure I have a full pipeline for the fall. I have always utilized an aggressive expired listing campaign in the past to get “now” business, but it seems that with the market surge, there are not too many expired listings […]
In the News
According to the National Association of Home Builders’ (NAHB) Eye on Housing, single family, multi-family, and home improvement spending is UP! Click here to read the rest of the article!
In the News
Mortgage Applications Drop – but what is the full story? The Wall Street Journal reported that mortgage applications dropped 9% last week, but that doesn’t mean that the housing market is cooling. This drop was fueled by rising interest rates (up to 3.9% this past week – the highest since May of 2012) and a […]
In the News
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for April. The index shows that there have been declines overall, but after sharp increases it was nice to see the price of lumber finally coming down. The recovery has not been kind to the price of lumber and this recent decline could […]
In the News
If you live or sell real estate in a tourist area, then listen up! The National Association of REALTORS® has indicated that the housing market recovery has also included vacation properties. In 2012 vacation home sales rose 10.1% to 553,000, up from 502,000 in 2011. NAR Chief Economist Lawrence Yun indicated that, “attractively-priced recreation property […]
In the News
Median Home Prices Hit Seven Year High: The National Association of Realtors (NAR) recently reported in their quarterly findings that the median home prices in the fourth quarter of 2012 showed its highest year-over-year increase in seven years. The median existing single family home prices rose in 133 of the 152 metropolitan statistical areas (MSA’s). […]
In the News
In his “State of the Union” address this week, President Obama indicated that although the housing market is “healing”, tight mortgage lending conditions are holding the economy back and this needs to be fixed. Furthermore, the president asked Congress to send him the bill which would give “every responsible homeowner in America the chance to […]
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Lead Generation Challenges vs. Buyer and Sellers on the Fence I was asked the following question last week, and although I had the question slated for an “Ask Denise”, I felt the answer warranted an entire Zebra Report as this is something that seems to come up time and time again for my clients. “Denise, […]