Good news: May inventory is up 16.9 percent for the year, which is a good, solid number. (See the explanation below.) Bad news: Inventory is still 14.3 percent lower than last May nationwide. Inventory typically follows a cycle, increasing through … [Read more...]
Connect to clients with… hang gliding?
Instead of sending yet another refrigerator magnet, why not take your clients hang gliding? That’s exactly the kind of thing some Realtors are doing as a way to bond with their clients in a way that’s memorable. Extremely memorable. … [Read more...]
Median Days on the Market Down to 41 Days in May
Tight inventory has led to shorter time on the market. The median days on the market fell to 41 days in May (46 in April). Short-sales had the longest days on market at 79 days (73 days in April) while foreclosed properties were on the market for 43 … [Read more...]
Buying a Home? How the Serenity Prayer May Help
You may be frustrated while attempting to buy a home in today’s market. You may feel powerless to the process. How could YOU possibly know whether the current good news about housing will continue? There is no doubt that today’s real estate market is … [Read more...]
Sheila Johnson wins $100 in our survey
Congrats to Sheila Bacon Johnson of Massanutten who scored herself the third and final $100 American Express gift card just for taking our 2013 member survey. Sheila helped us know what we’re doing wrong, what we’re doing right, and what … [Read more...]
“Unsustainable” price rises won’t be sustained
Home prices can’t keep rising this quickly forever. That’s what Realtor magazine is reporting that CNBC is reporting that NAR has said. (I know, right?) Here’s the deal: In May, NAR reported that home prices were up 15.4 percent … [Read more...]
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