Real Estate - Real Estate, Updates, News & Tips

REALTORS: 5 Occasions That Call for a Handwritten Note

As society operates more and more online, handwritten notes are becoming a rarity — which is why sending one to your clients could help you stand out from your competition."A thank-you note can stand out from the seemingly dull and impersonal style of digital communications, such as emails and texts," Keller Williams Realty notes on its blog. "With mailing lists and newsletters coming at your clients from nearly every business they visit, a tha

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Good Neighbors, Volunteering Works Programs Seek 2017 Entries

Do you know a REALTOR® whose volunteer work has changed the lives of people in their community? Two awards programs honoring REALTORS® who have made exceptional community service efforts are now seeking entries — and you may know a winner.Where to ApplyTo submit an application for either the 2017 Good Neighbor Awards or the Volunteering Works programs, go to nar.realtor/gna.Now through Friday, May 12, you can nominate yourself or a fellow REA

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20 Markets With Strongest Kickoff to 2017

The time it has taken for homes to sell nationwide in January has decreased at a rate of 4 percent compared to a year ago, despite record-high housing prices, according to realtor.com®'s latest housing report."We saw evidence of a stronger-than-normal off season starting last September and October due to pent-up demand and surging interest from first-time buyers," says realtor.com® chief economist Jonathan Smoke. "The downside to this strong of

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REALTORS: 7 Traits for More Meaningful Networking

What are the key traits you need to make a stellar impression when networking? Ivan Misner, founder of Business Network International, recently surveyed 3,400 business professionals across the globe to find out the characteristics they like to see in a great networker. Good listener: 61% Positive attitude: 56% Helps others/collaborative: 52% Sincere/authentic: 52% Follows up: 52% Trustworthy: 48% Approachable: 32%"Success in networking depends on

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Loan Demand Defies Rising Rates

Despite a solid gain in mortgage rates last week, home buyers and refinancers were not deterred. Mortgage application volume, which reflects demand for home purchases and refinancings, increased 4 percent last week over the previous week and on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday.Last week, mortgage applications for home purchases increased 6 percent compared to the previous week. Purchase applications

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Where Homes Sold the Fastest This Winter

Homes across the country are selling faster than they were a year ago. Nationwide, properties stayed on the market for an average of 52 days in December, down from a 58-day average a year ago, the National Association of REALTORS® reported in its latest housing report Tuesday. Thirty-seven percent of homes sold in December were on the market for less than a month.The following five metro areas had listings that stayed on the market the shortest

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Ben Carson Confirmed as HUD Secretary

Ben Carson, a retired neurosurgeon, will step in as the new secretary of the Department of Housing and Urban Development. A Senate committee unanimously approved President Donald Trump’s choice of Carson for the top HUD spot on Tuesday. Carson will replace Julián Castro, who has served in the position since July 2014.Carson “has a brilliant mind and is passionate about strengthening communities and families within those communities,” Presi

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Wells Fargo Settles On Mortgage Overcharges

Lending giant Wells Fargo is settling charges that it overcharged borrowers for broker’s price opinions. Borrowers who had a mortgage serviced by Wells Fargo between May 6, 2005, and July 1, 2010, may be eligible to receive portions of a $50 million settlement.Wells Fargo was accused of charging certain borrowers between $95 to $125 for BPOs. The typical cost is $50 or less. Borrowers who paid the elevated price for the BPO may be eligible to r

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First-Time Buyers Face More Tough Times

Many first-time buyers are starting to feel like they just can’t catch a break. The continued limited inventories of homes for sale in the entry-level market and a number of other factors are pressing harder on first-timers who are trying to break in to home ownership.“Constrained inventory in many areas and climbing rents, home prices, and mortgage rates means it’s not getting any easier to be a first-time buyer,” says Lawrence Yun, the

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Quartz Pushes Granite Countertops Out

Granite is falling out of favor with homeowners. The engineered stone of quartz instead is displacing the long-reigning granite as the top-choice for kitchen countertops.“About 75 percent of our clients are opting for quartz over granite,” Bill Millholland, executive vice president of the design-build firm Case, told The Washington Post. “More people want a contemporary aesthetic in the kitchen, and the clean look of quartz goes with that.

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