In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Ensure your client doesn’t make the process even tougher by succumbing to one of these common mistakes.Delaying“Time kills deals,” says Andrew Sandholm of BOND New York Properties in New York. “Dragging your feet means you could wind up paying more in a bidding war situation or missing out on the property altogether.” Buyer
Jeff Lobb, co-founder of SparkTank Media, has spent more time on stages across real estate events over the past five years than most.Between moderating critical conversations to keynoting leading technology conferences, Lobb consistently over-delivers from stage with a message that is engaging, actionable and memorable.Jeff LobbWith Inman Connect San Francisco around the corner, we caught up with Jeff on how anyone can take their presentation ski
As part of her 10 Questions podcast series, F.C. Tucker broker Angela Raab interviews Todd Ferris, a top producing agent who has grown a tremendously successful real estate business in Indianapolis, Indiana.Listen in to hear how he: Generates diversified leads Hosts client appreciation parties and gatherings that lead to more business Uses Facebook marketing to reach out to clients and prospects Structures his business and finances for optimum p
Mortgage financing giants Fannie Mae and Freddie Mac are reportedly considering providing financing to buyers of manufactured homes soon in a pilot program.The government-sponsored enterprises say they want to look at easing the burdens of low-income borrowers who may turn to factory-built homes to curb housing costs, according to a draft report released Monday where Fannie and Freddie addressed affordable housing challenges. Fannie and Freddie s
Luxury real estate buyers may find bargains in the U.S. compared to the rest of the world. The U.S. is hardly the most expensive when it comes to home prices in its luxury market.Instead, China takes the world crown in that arena for the fastest-rising prices in luxury residential real estate around the world. Luxury home prices in Guangzhou, the capital of the southern province of Guangdong, rose a whopping 36.2 percent from March 2016 to March
With home prices on the rise, more home values are climbing up above water, but in a few cities, the number of seriously underwater homes is still alarming.Profile of Seriously Underwater HomesThe following are some characteristics of properties that are seriously underwater, according to ATTOM Data Solution’s report. 8% of properties with an estimated market value of $100,000 or less were seriously underwater; 9.3% of properties valued between
You may need to do less convincing to get home shoppers to make their move in the housing market. Fannie Mae’s Home Purchase Sentiment Index rose 2.2 percentage points in April, with five of six components rising that measure confidence in buying, employment, household incomes, financing, and more.The share of Americans who say now is a good time to buy rose 5 percentage points in April. However, the net share of those saying now is a good time
Soaring home prices aren't denting investors' appetite in many markets. "We are seeing more investors and new investors," says Steve Hovland, director of research at HomeUnion, a real estate investment marketplace. "The Fed has really been helping us out. Interest rates are not as high as they have been in past cycles. Commercial real estate is overheated. The bull stock market has been running for a long time, so investors are looking to diversi
Kitchen upgrades have overtaken bathroom updates as the remodeling project homeowners want most, according to the National Association of Home Builders' Remodeling Market Index report covering the first quarter of 2017. Bathroom renovations previously held the number one spot, but kitchen redos barely pulled ahead in the most recent report.NAHB's survey showed these are the most common jobs for remodelers: Kitchen remodeling: 81% Bathroom remodel
Several states are offering homeownership assistance programs to recent college grads that may help them receive thousands of dollars toward the purchase of a home. In New York, Gov. Andrew Cuomo recently announced the "Graduate to Homeownership" program, which provides assistance to first-time buyers who have graduated in the past two years from an accredited college or university with an associate's, bachelor's, master's, or doctorate degree. P
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