Industry Updates

2015 Profile of Home Staging

NAR had released its 2015 Profile of Home Staging. Here are a few highlights: Among REALTORS® who typically represent the buyer, 49 percent report most buyers are effected by home staging and 47 percent report some buyers are effected by home staging. Among sellers’ agents 34 percent stage all homes, 13 percent stage difficult homes to sell, and four percent …

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Make Safety a Priority in 2015: 12 tips for Realtors®

It’s unfortunate, but as a real estate professional you put yourself at risk when you meet someone for the first time. That’s why you should always meet a new customer at the office, not at the property. It’s also why you should let someone in your office know where you’re going, with whom, and when you plan to return. These …

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CES 2015: What’s New for the Home

The Consumer Electronic Show (CES) was recently held in Las Vegas, and introduced a number of new technologies for the home. Here’s an overview: ADT Security ADT is adding wireless connectivity to its home security products. The units, which ADP says are part of an effort to create safer smart homes, will work with the company’s Pulse app. Read More …

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The Prime Time to List a Home

Thursday and Friday are the most common days of the week when real estate professionals list a home for sale, according to 2014 existing-home sales data analyzed by the National Association of REALTORS®. Monday, Tuesday, and Wednesday follow in popularity in that order. The least popular days to post a new listing are Saturday and Sunday. Meanwhile, the most popular …

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21 Hot Housing Trends for 2015

This time of the year, we hear from just about every sector of the economy what’s expected to be popular in the coming year. Foodies with their fingers on the pulse of the restaurant industry and hot TV chefs will tell us to say goodbye to beet-and-goat cheese salad and hello roasted cauliflower, and there’s no end to the gadgets …

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The Biggest Obstacles Facing Housing in 2015

Industry analysts and economists largely believe the real estate market will gain traction this year, but they acknowledge several challenges that pose a potential derailment to the ongoing recovery. CNNMoney recently highlighted several of those challenges: Investors exit the market: Institutional investors accounted for 15 percent of all sales in October, a drop from 20 percent in January, according to National Association …

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Deal Killer: When Sellers Try to Take Too Much

Some sellers want to take more with them than a favorite light fixture or curtain rod. They may want to move entire rooms to their new home. That’s what Cindy Jones, a real estate broker in Woodbridge, Va., recently encountered when she saw a listing that noted the seller wanted to take the entire kitchen with them. “How do you …

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VT Attorney General Warns of Rental Property Scam

There’s a warning for people looking for rental properties. Scammers are trying to pocket your money. The Vermont attorney general and Vermont Realtors® are teaming up to warn would-be renters about a scam reoccurring on Craigslist. Scammers are creating fake posts stealing information from legitimate real estate sales but claiming the properties are for rent. Other scammers are making up …

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2015: Year of the First Time Home Buyer

First-time home buyers are expected to re-emerge in the new year after mostly staying out of the market in the aftermath of the housing crisis. That’s one of realtor.com®’s five top housing predictions for 2015. “The residual financial effects of recession-driven job losses and subsequent unemployment have impeded Millennials’ entry into the home-owning market,” says Jonathan Smoke, chief economist for …

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10-Year Review: How’s Housing Really Doing?

The housing market has made some strides in recent months, but how has it performed compared to 10 years ago? Has the real estate market really dug itself out of the housing crisis? The National Association of REALTORS® on its Economists’ Outlook blog recently used the latest October housing data to compare existing home sales, median sales prices, and inventory …

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60% of Realtors® Make the Deals

Forty percent of REALTORS® did not close a single transaction in the first six months of this year, according to a newly released REALTOR® Productivity Study of Multiple Listing Service activity conducted by the WAV Group and sponsored by the REALTORS Property Resource®. The survey reflects responses from nearly 335,000 REALTORS®. “We thought the numbers would reflect the 80/20 rule,” …

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5 Real Estate Predictions for 2015

Expect the home-purchase market to strengthen along with the economy in 2015, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for November. “The good news for 2015 is that the U.S. economy appears well-poised to sustain about a 3 percent growth rate in 2015 — only the second year in the past decade with growth at that pace …

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