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Mastering Real Estate Success: A Holistic Approach Beyond Property Management
Mastering real estate success goes beyond just managing properties; it requires a holistic approach encompassing strategic planning, market analysis, and innovative solutions. In the competitive landscape of real estate investment, leveraging the expertise of a property management company in Scottsdale can make all the difference.
Existing-Home Sales Retreated 1.9% in April
Existing-home sales receded in April, according to the National Association of REALTORS®. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, Midwest and South but increased in the West
New Home Sales in April Down on Higher Mortgage Rates
Mortgage rates that averaged above 7% since mid-April per Freddie Mac data acted as a drag on new home sales last month. Sales of newly built, single-family homes in April fell 4.7% to a
Share of Mortgage Loans in Forbearance Remains at 0.22% in April
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged at 0.22% as of April 30, 2024
Higher Interest Rates Keep Single-Family Housing Starts Flat in April
Single-family starts remained flat in April as interest rates moved above 7% last month and builders were dealing with tighter lending conditions. Overall housing starts increased 5.7%
April New Home Purchase Mortgage Applications Increased 22.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2024 shows mortgage applications for new home purchases increased 22.1 percent compared from a
NAHB Announces a 10-Point Plan to Tame Shelter Inflation, Ease the Housing Affordability Crisis
With a nationwide shortage of roughly 1.5 million housing units that is making it increasingly difficult for American families to
More Than 90% of Metro Areas Recorded Home Price Increases in First Quarter of...
More than 90% of metro markets (205 out of 221, or 93%) posted home price gains in the first quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.60% to 6.94%, according
How Great Landscaping Can Help Boost Home Property Value
A home's value is determined by several elements, and landscaping is important for improving a property's curb appeal and overall attractiveness. Well-designed landscaping, such as verdant gardens, tidy lawns, and eye-catching outdoor living areas, may dramatically raise a home's value.
Total Commercial Real Estate Borrowing and Lending Declined 47 Percent in 2023
Total commercial real estate (CRE) mortgage borrowing and lending is estimated to have totaled $429 billion in 2023, a 47 percent decrease from the $816 billion in 2022, and a 52 percent
Housing Starts Fall on Interest Rate, Financing Concerns
Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-
Existing-Home Sales Descended 4.3% in March
Existing-home sales slipped in March, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid in the Midwest, South and West, but rose in the Northeast for the first time since November 2023. Year-over-year
Mortgage Credit Availability Increased in March
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Key Strategies to Motivate Your Real Estate Agents to Deliver Greater Results
The real estate business consistently ranks among the most demanding and competitive industries worldwide, regardless of the market scenario. The management of the most successful real estate agencies understands that identifying suitable real estate motivating methods for their agents is critical to keeping their sales force and ensuring that it continues to perform at its peak.
Pending Home Sales Rose 1.6% in February
Pending home sales in February grew 1.6%, according to the National Association of REALTORS®. The Midwest and South posted monthly gains in transactions while the Northeast and West recorded losses. All four U.S. regions registered year-over
New Home Sales Hold Steady in February
A small rise in mortgage rates in February led to a flat reading for new home sales. Sales of newly built, single-family homes in February edged 0.3% lower to a 662,000 seasonally adjusted annual rate, according to newly released data by the U.S.
Boosting Property Sales with Innovative Direct Mail Ideas
Direct mail, often seen as an old-fashioned marketing technique, is experiencing a renaissance in the realm of property sales. In an era dominated by...
Simplifying Property Management: Strategies for Success
Managing a property can be daunting, especially for those new to the industry or those managing multiple properties. From maintenance to tenant relations, the responsibilities are vast but essential for maintaining a property's value and ensuring tenant satisfaction.
Existing-Home Sales Vaulted 9.5% in February, Largest Monthly Increase in a Year
Existing-home sales climbed in February, according to the National Association of REALTORS®. Among the four major U.S. regions, sales jumped in the West, South and Midwest, and were
Builder Sentiment Rises Above Breakeven Point
A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage rates below last fall’s cycle peak helped push builder sentiment above a key marker in March.
