More single-family homes are in the pipeline, but the industry is skeptical about whether the increase will satisfy buyer demand. Single-family production increased 1.6 percent in August to a seasonally annual rate of 851,000, the Commerce Department reported Tuesday. Single-family production is now nearly 9 percent higher than a year ago. The uptick is welcome news to housing markets that are increasingly facing severe housing shortages, but the
You don’t want to hurt your clients’ feelings. But undoubtedly there are a few things that pop up in the course of transactions that you wish sellers already knew, so that you could avoid having some awkward conversations with them. Real estate pros chime in at realtor.com® with some of the top things they wish sellers knew about selling a home, including:Your home decor isn’t always perfect for selling.“While your home may be beautifull
For the fourth time in five months, existing-home sales dropped as a shortage of homes for sale continues to plague the housing market. Strained supply levels of homes are making it that sales are unable “to break out,” according to the National Association of REALTORS®’ latest housing report, released Wednesday.Existing-home sales did see an increase in the Northeast and Midwest in August but were outpaced by sales declines in the South a
iPro currently deals throughout the states of California and Texas with new offices in New York and Florida. The company continues to strive and broaden opportunities for real estate professionals and consumers. Visit www.iprore.com for the latest information and links.Click here for information on becoming a salesperson
Some well-intentioned homeowners may actually be doing more harm than good when they're completing normal household chores. Realtor.com® recently featured a list of cleaning myths that could actually reduce the value of a home. Here are a few cleaning habits to warn your clients against:Too much bleach.Homeowners may be under the assumption that bleach is the best cleaner in the bathroom. “Bleach does not clean anything,” Leslie Reichert, cl
Entrepreneurs in Seattle have come up with an idea to help aspiring home buyers overcome the down payment obstacle: They’re offering down payments to those willing to be an Airbnb host for up to three years, renting out a room in their new homes.Loftium is providing prospective home buyers with up to $50,000 for a down payment, but the buyer must be willing to continuously list an extra bedroom on Airbnb for one to three years. Homeowners al
The Midwest is attracting more single and unmarried women who are choosing to put down roots and buy a home in the region, according to a new analysis by Owners.com. Cincinnati topped its list, followed by Kansas City, Kan., and Kansas City, Mo."There is a noticeable shift toward more single women entering the real estate market, particularly given lower unemployment rates, rising incomes, and the value placed on homeownership," says Phil Karp, s
Real estate associations and firms are rushing to help thousands of displaced hurricane victims find temporary housing in the Houston area. The Houston Association of REALTORS® launched a housing section on its website to help victims of Hurricane Harvey find a temporary place to live. The site allows real estate professionals, property owners, landlords, and property managers to post homes they agree to make available. Some of the homes poste
Fishers, Ind., a suburb of Indianapolis, nabbed the number one spot as this year’s best place to live in Money Magazine's 30th annual list.This was the first year Money Magazine teamed with realtor.com® to leverage the site’s housing market data in compiling its list. The magazine evaluated 2,400 places and factored in eight categories: cost of living, economy, education, housing, crime, convenience, cultural and recreational amenities, a
If you want to place customer satisfaction at the heart of your company or team, you need to take the time to train and support agents and to model behavior they expect customers to receive.Jeff Mowatt, customer service strategist and author, offers these five strategies that can help brokers, managers, and team leaders make this shift. Practice empathy. When training agents at your office, try to put them in clients’ shoes. Mowatt uses an exe
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