“Clients who see that you are addressing their needs and striving to meet their expectations are calmer. They see your value in motion, which is very rewarding for everyone.”
Steven Diadoo, The Road to Success, Vol. 2
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An increasing share of foreign buyers are purchasing property in a central city/suburban area, while fewer foreign buyers are purchasing property in a resort area, according to NAR’s recently released 2017 Profile of International Activity in U.S. Residential Real...read more
While The National Flood Insurance Program’s (NFIP) authority to write flood insurance expires at the end of next month, NAR conducted an analysis to estimate the impact of NFIP lapses on home sales. Based on the latest available data, NAR has put together an...read more
Fannie Mae recently raised the cap on its maximum debt-to-income (DTI) ratio to 50 percent. Will it help? NAR Research queried lenders about this change in the Survey of Mortgage Originators for the 2nd quarter of 2017. Lenders were optimistic about the change, but...read more
NAR released a summary of existing-home sales data showing that housing market activity this July fell 1.3 percent from last month but improved 2.1 percent from last year. July’s existing home sales reached 5.44 million seasonally adjusted annual rate. The national...read more
By Katherine Medlin, guest contributor The entryway is a significant space within a home — it’s the first thing a potential buyer sees, and it sets the stage for the whole vibe of the home. Buyers can form opinions on a home within seconds of opening that front door....read more
The National Association of Realtors® released the 2017 Member Safety Report on Monday. The survey asked Realtors® from across the country how safe they feel while on the job, and nearly 3,200 answered questions about their personal experiences and the safety...read more
Major changes are coming to housing finance. The Federal Reserve is about to unwind a program that has held mortgage rates low for several years. How will this change impact housing? Lenders weighed-in in NAR’s most recent Survey of Mortgage Originators. Operation...read more
The process of selling a home is often emotionally taxing, but selling a home with children in the mix can be a downright nerve-wracking experience. The National Association of REALTORS®’ 2017 Moving With Kids Report explores the one-of-a-kind adventure of trying to...read more
Selling a home and simultaneously purchasing another property can be agitating. Ideally, the seller of the property will also have found another residence by the time the buyer is moving in, but this may not always happen because of delays in contract settlement....read more
The following is promotional copy for a Quicken Loans webinar on how real estate professionals can use data mining in their marketing. REALTOR® Magazine is promoting the webinar because it believes the content might be useful to its readers, but it did not participate...read more
Foot traffic, the number of times a property is shown to potential homebuyers, is a strong indicator of housing demand and future home sales. Each month NAR Research publishes a diffusion index for foot traffic, but recent efforts have expanded on this work to create...read more
One indicator of the strength of homebuying demand is the number of client home tours. REALTORS® reported that, on average, they took about six clients on a home tour in July 2017, up from four clients one year ago, according to NAR’s July 2017 REALTORS® Confidence...read more
Existing-home sales and contract signings both stumbled in July as stubbornly low levels hampered the housing market and kept home prices rising at a robust pace. Visit https://www.nar.realtor/videos/housing-minute to watch a 53-second, animated video from the...read more
There is no doubt about it: children are expensive. According to a report from the Department of Agriculture, it costs an average of $233,610, or $13,000 a year, to raise a child from birth to age 17 in the United States. That expense may impact many families’ housing...read more
Amid strong demand and tight supply, REALTORS® reported that properties that sold in May–July 2017 were typically on the market for less than 31 days in 29 states and in the District of Columbia, according to the July 2017 REALTORS® Confidence Index Survey....read more
By Jeffrey Ill, guest contributor The “Property Brothers” Drew and Jonathan Scott have teamed up with Esurance to create “DIY Ditties,” a series of humorous videos that offer tricks to fixing common household items. Whether it’s a clogged shower drain, crayon-graffiti...read more
First-time homebuyers may have been out of the classroom for a while, but that doesn’t mean they can’t benefit from some of the back-to-school tips, tricks and hints that come pouring out this time of year. Here are a few relevant reminders from the National...read more
It’s been four months since the White House announced Pam Patenaude as their selection for Deputy Secretary at the Department of Housing and Urban Development, but with her nomination still pending before the U.S. Senate, a diverse group of housing organizations is...read more
According to 31 percent of REALTORS® who work with buyers, staging a home before listing it for sale on the market could have a price increase of up to five or 10 percent. On a $300,000 home, that could add between $15,000 and $30,000, paying for the cost of home...read more
In less than one month, authorization for the National Flood Insurance Program Expires. The National Association of Realtors® is raising alarm bells about the potential effect on homeowners, consumers, and commercial property owners, with a note to Congress that it’s...read more