Instant Reaction: Mortgage Rates, April 14, 2022
Mortgage rates surged to 5% for the first time in over a decade (since February 2011). Elevated inflation continues to push up mortgage rates. www.nar.realtor – Research
Commercial Weekly: Modest Rent Differences and Rising Construction Cost are Headwinds for Office-to-Residential Conversions in Major Metro Areas
The conversion of vacant office space for residential use faces hurdles from rising rental and construction costs. www.nar.realtor – Research
Clever Cures for the Worst of Winter
Cold weather can keep homeowners cooped up inside for months, so why not use that time to take on some quick and easy DIY home repairs. www.nar.realtor – Real Estate Story Ideas
Second Century Ventures, the Strategic Arm of the National Association of Realtors®, Appoints Peter Schravemade to Helm of REACH Australia Tech Program
REACH Australia Appoints New Managing Partner Second Century Ventures, the strategic venture arm of NAR, has appointed Peter Schravemade as managing partner of REACH Australia. Media Contact: Spencer High 202-383-1051 Technology
A Culture of Training: The Secret to a High-Producing Real Estate Team
Many successful agents start a real estate team with enthusiasm and drive, but then face confusion and uncertainty as they get going. How do you go from being a high producer to a strong leader? How can you feel confident that your agents will treat people as you would, establish a strong referral network and […]
Power Brokers Brace for Changing Conditions
While their collective sales volume was a staggering $ 2.4 trillion-plus in 2021, the Top 1,000 brokers ranked in RISMedia’s 2022 Power Broker Report are facing a very different landscape as this year progresses. According to the results of RISMedia’s annual Power Broker Survey, total sales volume for the top 1,000 firms in 2021 increased […]
Instant Reaction: Mortgage Rates, April 07, 2022
The 30-year fixed mortgage rate rose to 4.72% from 4.67% the previous week; mortgage rates have increased by 1.5 percentage points since the beginning of the year, hurting affordability. www.nar.realtor – Research
Remodeling: New Hardwood Floors and Home Offices Bring Most Joy
A new report analyzes a why people decide to remodel, the general costs of specific remodeling tasks, and the fulfillment experienced after a successful project has been completed. www.nar.realtor – Research
Broker Confidence Remains Stable, Despite New Challenges and Continued Uncertainties
The first quarter of 2022 has been anything but predictable. This is true for business and society at large. The year is still young, but it has already seen geopolitical turmoil, rollercoaster economics, entertainment follies and busted brackets. And that was just March. But, real estate, too, has certainly had its share of ups and […]
Commentary: 8 Things Your Real Estate Clients Expect From You
Without accounting for your real estate clients’ common needs and expectations, you might be underperforming and risk losing their business. Here are eight things your real estate clients are expecting from you as their real estate professional: Be available. Make yourself available to your clients as often as possible. Even if you cannot answer right […]