Tag: tips

Oct 18

Childless Buyers Buoy Condo Market

Childless Buyers Buoy Condo Market

Childless Buyers Buoy Condo Market Home shoppers without children are a growing segment in the housing market, and they tend to desire smaller houses than previous generations. The fertility rate among women 15 to 44 years old is at its lowest level since the CDC began recording such rates 108 years ago. As more couples …

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Oct 17

Top Amenities for Relocating Baby Boomers

Top Amenities for Relocating Baby Boomers

Top Amenities for Relocating Baby Boomers Baby boomers say they want to move to a home that has a multicar garage and that’s near their grandchildren, according to the latest Del Webb Baby Boomer Survey, sponsored by national home builder PulteGroup Inc. The age at which baby boomers expect to retire is getting younger, down …

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Oct 16

Sell Your Listing With the Right Music

Sell Your Listing With the Right Music

Sell Your Listing With the Right Music A little music may be just what your listing needs. Some real estate professionals believe that soft music playing in the background can be just the subtle, emotional pull that welcomes buyers inside your open house or house tour. Tom Hignite, owner of Miracle Home Builders in Milwaukee, …

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Oct 13

Buyers Aren’t Spooked by Haunted Houses

Buyers Aren’t Spooked by Haunted Houses

Buyers Aren’t Spooked by Haunted Houses With inventories so tight, many consumers say they’re even willing to live in a haunted house. Thirty-three percent of more than 1,000 consumers recently surveyed say they’re willing to live in a haunted house, and another 25 percent said they’d consider it, according to a newly released survey by …

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Oct 12

As Rates Rise, Loan Demand Softens

As Rates Rise, Loan Demand Softens

As Rates Rise, Loan Demand Softens   Mortgage applications dropped across the board last week as interest rates surged to their highest levels since July, according to the Mortgage Bankers Association. Total application volume dropped 2.1 percent week-to-week on a seasonally adjusted basis, the MBA reported Wednesday. Most of the drop in applications came from …

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Oct 11

Easy Maintenance Tips to Boost Value

Easy Maintenance Tips to Boost Value

Easy Maintenance Tips to Boost Value Simple maintenance projects and updates can increase a home’s value by roughly 1 percent each year, according to research from the University of Connecticut and Syracuse University. RE/MAX put together a list of four tips on where home buyers can focus their efforts to help maintain and increase the value …

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Oct 10

More Retirees Carry Mortgage Debt

More Retirees Carry Mortgage Debt

More Retirees Carry Mortgage Debt Retiring baby boomers are less likely to be mortgage-free compared to people their age in previous generations, according to Fannie Mae. That could hurt boomers’ financial security and exacerbate the housing affordability crisis. Slightly less than 50 percent of the oldest baby boomer homeowners in 2015 were mortgage-free, 10 percentage …

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Oct 09

How to Appear More Confident to Clients

How to Appear More Confident to Clients

How to Appear More Confident to Clients Whether you’re making a listing presentation to potential clients or speaking in front of a group of agents, there are subtle ways to appear more confident, likable, and approachable while speaking with authority. Business strategist Marc Gordon offers these five tips that will help you “fake it ’til …

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Oct 06

Home Lot Sizes Shrink to New Low

Home Lot Sizes Shrink to New Low

Home Lot Sizes Shrink to New Low Lot sizes on new single-family homes have reached a new record low. New homes sold in 2016 had a median lot size of 8,562 square feet, or slightly under one-fifth of an acre. The median lot size fell to under 8,600 square feet in 2015, according to the Census …

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Oct 05

Factors Most Influential on Home Values

Factors Most Influential on Home Values

Factors Most Influential on Home Values     Buyers have become wiser, researching important facts not only about the houses they’re interested in but also about the communities where the homes are located. Desare Kohn-Laski, broker-owner of Skye Louis Realty in Coconut Creek, Fla., says it’s essential that real estate professionals show their value by …

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Oct 04

Scope of Equifax Breach Widens Further

Scope of Equifax Breach Widens Further

Scope of Equifax Breach Widens Further   Some 2.5 million more people than originally reported were affected by the recent Equifax data breach, the credit bureau said Monday. The estimate of the number of Americans whose personal information was potentially exposed is now 145.5 million—the largest hack on record. Cybersecurity firm Mandiant, which was hired …

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Oct 03

The ‘Bonus Room’ Makes a Comeback

The ‘Bonus Room’ Makes a Comeback

The ‘Bonus Room’ Makes a Comeback   Home builders and designers say demand is increasing for more flexible living spaces, giving rise once again to “bonus” or “multipurpose” rooms, The Wall Street Journal reports. Such rooms offer extra square footage for owners to create a space that fits their lifestyle. Baby boomers, for example, are …

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