House Prices Rise Slightly in May
U.S. house prices rose in May, up 0.2 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The previously reported 0.2 percent increase in April was revised upward to reflect a 0.3 percent increase. The FHFA monthly HPI is calculated using home sales price […]
Real Estate Top Investing Choice, Survey Finds
(TNS)—Given the recent record highs in the Standard & Poor’s 500 index and the Dow Jones industrial average, you might think Americans would feel excited about the future of the stock market. But you’d be wrong, a Bankrate national survey has found. When we gave people a few choices and asked them to pick the […]
Top 10 posts from last week
Here were the most popular stories on Inman this past week: Anton Gorlin / Shutterstock.com 10. Some can’t imagine real estate without digital marketing; others wish it were gone already. Why it’s both a blessing and a curse for agents. El Greco / Shutterstock.com 9. Is your business experiencing a shift? Here’s how to recognize one. […]
Real estate market recap, July 18-22, 2016
Check Inman every day for the daily version of this market roundup. Mortgage rates: Home equity rates: Friday, July 22: Campbell/Inside Mortgage Finance HousingPulse Tracking Survey for June 2016: Non-distressed properties sold in June were on the market for an average of 6.8 weeks. Non-distressed properties sold in June received an average of 2.3 offers. […]
The week in industry hires and promotions: July 18-22, 2016
Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. This week’s new hires July 18 Charlie Young Susan Yannaccone Charlie Young is the new CEO at Coldwell Banker Real Estate, and Susan Yannaccone is replacing him as CEO of ERA Franchise Systems. “Charlie Young has demonstrated exceptional leadership skills, solid […]
What to pay attention to in the finance ‘silly season’
In the news business, the end of July through August is known as the “silly season.” So slow that page one carries “Man Bites Dog.” So it is in finance, also. My parents and grandparents were political junkies, scattered from Bull Moosers to Dixiecrats. They did manage polite discussion. Constantly. Thus I am a junkie, […]
Think like a builder when selling a lot
Not every potential homebuyer is interested in purchasing an existing property. In fact, many want to design and build a custom home, which means it’s the real estate agent‘s job to help them find the perfect piece of land. While it can be more challenging to work with a client looking for lots, you must […]
Housing Trends: Boomerang Buyers Making a Gradual Return
Less Than Half Return Even 16 Years After Foreclosure Next year marks seven years since the foreclosure crisis peaked in 2010, during which enough time would have passed for the black mark of foreclosure to be erased from millions of consumer credit reports. In total, 1.9 million homeowners who faced owner-occupied foreclosures between the start […]
Consumer Spending to Drive Growth for 2016
The economic growth outlook for the second half of the year remains unchanged from the prior forecast at about 2.0 percent, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s July 2016 Economic and Housing Outlook. Consumer spending is expected to drive growth for the rest of 2016 as businesses face headwinds from shrinking […]
8 Ways to Stop Worrying about Money
(TNS)—Are worries about money keeping you up at night? You’re not alone. Money is one of the top concerns of Americans, a recent GOBankingRates survey found. “Everybody worries about financial decisions, indecisions or consequences,” says Scott Bishop, the director of financial planning at STA Wealth Management in Houston. Worrying won’t solve your money problems, though. […]
