Tag Archive: News

Apr 12

Watch for These Open House Red Flags

Watch for These Open House Red Flags

Watch for These Open House Red Flags   How fast can you pick out signs of deferred maintenance in a listing? Realtor.com® recently spotlighted several red flags to watch for at an open house. Intense scents. The stronger the air freshener, the more likely the seller is trying to mask an offensive odor, warns Denise …

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Apr 11

Wire Scam Warnings as Spring Season Starts

Wire Scam Warnings as Spring Season Starts

Wire Scam Warnings as Spring Season Starts As the spring home buying season begins to heat up, the real estate and title insurance industries are reminding home buyers about wire fraud scams increasingly targeting them to steal their down payment funds. The National Association of REALTORS® has issued warnings to its members that hackers are trying …

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Apr 10

Most Consumers Are Wrong About Home Insurance

Most Consumers Are Wrong About Home Insurance

Most Consumers Are Wrong About Home Insurance   Fifty-six percent of consumers recently surveyed believe that a standard homeowner’s policy covers flood damage. But they’re mistaken, and their assumption could be a costly mistake. The survey by insuranceQuotes of about 1,000 consumers shows a lot of misunderstandings when it comes to home insurance and what’s covered …

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Apr 07

New-Home Trend: Bigger Houses, Smaller Lots

New-Home Trend: Bigger Houses, Smaller Lots

New-Home Trend: Bigger Houses, Smaller Lots   New homes are getting larger, but their lot sizes are getting smaller. The median size of a new home increased from 1,938 square feet in 1990 to 2,300 square feet in 2016, but lot sizes during this same period decreased from 8,250 square feet to 6,970 square feet. …

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Apr 06

Why Sellers Are So Stressed in a Seller’s Market

Why Sellers Are So Stressed in a Seller’s Market

Why Sellers Are So Stressed in a Seller’s Market   Home sellers say the greatest challenge for them this year is the lack of homes to choose from when it’s time for them to move, according to a new survey of more than 800 real estate professionals from Redfin. “It’s a seller’s market, but the …

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Apr 05

Home Prices Blamed for Student Loan Defaults

Home Prices Blamed for Student Loan Defaults

Home Prices Blamed for Student Loan Defaults   The housing crisis may also have sparked the increase in student loan default rates, according to a working paper by the National Bureau of Economic Research. The study says the drop in home prices during the Great Recession also coincided with a 24 to 32 percent rise …

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Apr 04

Ways to Better Manage Your Social Media

Ways to Better Manage Your Social Media

Ways to Better Manage Your Social Media When using social media, make sure you aren’t turning off potential customers with your behavior online. Forbes.com offers the following tips on behaviors to avoid on social media, including: Being present on too many social media platforms: “Be careful not to create a social media behemoth you can’t …

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Apr 03

The Funny Side of Tight Inventory

The Funny Side of Tight Inventory

The Funny Side of Tight Inventory Realtor.com® revealed their 2017 ad campaign today—which will include TV spots, interactive digital video experiences, and social integration—featuring Elizabeth Banks. The Emmy-nominated actress, producer, and director is returning as the brand’s spokesperson for a third year. The TV ads feature home buyers who are being tailed by their “not-yous”: …

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Mar 31

‘No Knock’ Registry Is a Jab at Real Estate

‘No Knock’ Registry Is a Jab at Real Estate

‘No Knock’ Registry Is a Jab at Real Estate   Longtime Jersey City, N.J., homeowners say they’ve been harassed by real estate solicitations in recent months. They’re hoping the city’s new “No Knock” registry will put an end to the door knocks inquiring if they want to sell their home. The Jersey City Council recently …

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Mar 30

What Has Mortgage Lenders So Upbeat?

What Has Mortgage Lenders So Upbeat?What Has Mortgage Lenders So Upbeat?

What Has Mortgage Lenders So Upbeat?   Mortgage lenders’ optimism reached a high in a first-quarter survey, even as lenders expressed pressing challenges to their profit margins, according to Fannie Mae’s 2017 Mortgage Lender Sentiment Survey. Lenders say they’re most upbeat about the direction of the economy and home prices. They also continue to report …

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Mar 29

Why Your Agents Still Need a Website

Why Your Agents Still Need a Website

Why Your Agents Still Need a Website As a broker-owner or manager, you may be getting the question from agents as to whether having a personal business website is still relevant today, and worth the time, money, and effort. Beyond providing a profile for your agents on your company’s site, it is still wise for …

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Mar 28

This Is the Worst ‘Housing Drought’ Ever

This Is the Worst ‘Housing Drought’ Ever

This Is the Worst ‘Housing Drought’ Ever The number of homes for sale is at the lowest level on record, according to the National Association of REALTORS®, who began tracking inventory 18 years ago. That means many home buyers likely will find fewer options this spring, and the homes that are being listed tend to …

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