More Listings Gives RE Market Time to Breathe
Buyers, sellers and Realtors feel less pressure as bidding wars decline, listings remain on the market more than a week, and open houses no longer generate waiting lines.
Grants Inspire Real Estate’s Female Leaders
60% of Realtors are women but they hold fewer leadership positions. To change that, the Women’s Council of Realtors offers grants for “new and innovative” programs.
Brokers: Incentivize Teams for Sales Success
Salespeople usually thrive on competition, and rewards for success can include anything from tech tools or marketing help to company-paid vacations.
Growing Share of Listings on Market 30+ Days
The six Fla. metros included in the July report had days-on-the-market averages greater than 30 days, ranging from an average 52.7% of Tampa listings to 72% in Miami.
Foreclosure Activity Dropped 4% in July
We’ll see a slow uptick in foreclosures? Not in July. While unexpected, Attom’s EVP says the drop might be normal seasonal changes rather than an overall decline.
7 States Still Haven’t Approved Virtual RE Closing
California, Connecticut, Georgia, Mississippi and South Carolina haven’t passed legislation, but Delaware, Massachusetts and Washington, D.C. are close to doing so.
Fannie Mae: Buyers Wary of the Housing Market
Buyers’ feelings about the current market hit a low not seen since 2011. Only 17% think it’s a good time to buy a home, and the “good time to sell” index also dropped.
Foreclosures Still Low – but Will Probably Grow
While experts don’t expect a recession-style foreclosure surge, the numbers should keep rising as the U.S. housing economy returns to “normal.”
U.S. Renter Income Needed for a Modest Apartment?
Report: A worker making $10/hour in Fla. must work 86 hours to afford a one-bedroom apartment – an affordable rental goal in only 1 out 10 U.S. counties.
3 Ways to Fight Inflation to Win the Long Game
Many investors consider real estate a hedge against inflation, and it is. Long term, stocks still have a stronger historical position – but gold does not.