Realogy Franchise Owner Meeting Discusses Housing Challenges and Opportunities With N.J. Senator
On May 19, Realogy CEO Ryan Schneider hosted a virtual franchise owner meeting with guest New Jersey Senator Bob Menendez. The Q&A-style discussion covered the latest in housing advocacy as it relates to COVID-19 financial relief, as well as the biggest challenges and opportunities the industry is facing today. “The scale of the crisis is […]
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Refinancing Your Mortgage in a Pandemic: Expect Longer Waits, Virtual Process
(TNS)—Heather Morris wanted to pull some cash from her Georgia home to pay for renovations, and she was eager to take advantage of rock-bottom mortgage rates. But when her lender told her in March that it could take six months to process her refinancing, Morris wasn’t hopeful. “I didn’t think it was going to happen,” […]
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Maintaining a Presence
REALTOR® Will Higgins’ fledgling years in the real estate business were off to a great start. But then the coronavirus pandemic hit. “Before this all happened, people were actually calling me to buy homes, and as a newer agent, that was a big deal,” laughs Higgins, a REALTOR® with Keller Williams Vision. “It’s typically me […]
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Guiding Agents Through Today, Prepping Them for the Future
Bobby Mahan Broker/Owner CENTURY 21 Selling Paradise Cape Coral, Fla. www.swfloridaareahomesearch.com Region served: Southwest Florida, including the greater Cape Coral/Fort Myers/Naples area Years in real estate: 42 Number of offices: 2 Number of agents: 140 The market, before and since the pandemic: Prior to the coronavirus outbreak, our market was very strong. Now (at press […]
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Market Summary: Existing-Home Sales Down, Limited Inventory Still Attracting Buyers
Existing-home sales continue on a downward trend amidst the coronavirus pandemic, according to the April National Association of REALTORS® (NAR) report. The adjusted annualized rate of sales in April 2020 totaled 4.33 million, down from 5.23 million in April 2019—a 17.2 percent decrease YoY and the lowest level of sales since July 2010. Month-over-month, existing […]
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Thoughts on Leadership: Remembering Don Shula
Any system of execution must also be accompanied by an equally effective scorekeeping measure. It’s impossible to win if you can’t keep score. And on the topic of winning, we lost a great leader—and the winningest coach in NFL history—this month when Don Shula passed away May 4 at the age of 90. In his […]
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New Luxury Markets to Watch in 2020
The Institute for Luxury Home Marketing is recognized as a leading source for providing statistical data and analysis on the luxury real estate market. In the recent release of their annual Luxury Report, Coldwell Banker Global Luxury partnered with The Institute to garner clearer insights on the state of the luxury real estate industry during […]
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Best Practices for Keeping Lockboxes Clean
NAR PULSE—If you use a SentriLock lockbox, there is a key step you should take to reduce the possibility of viral contamination through the use of the lockbox. That step involves thoroughly cleaning the lockbox. Learn more. Business Unusual: 3 Things to Do Right Now In RPR By now, you’re probably a little more accustomed to […]
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Home Construction Dips in April, COVID-19 Impacting Markets
Amidst the coronavirus pandemic, construction remained weak in April. Total housing starts decreased 30.2 percent to a seasonally adjusted rate of 891,000 units, according to the latest report from the U.S. Housing and Urban Development and Commerce Department. Permits also declined, down 20.8 percent to a 1.07 million unit annualized rate. The Breakdown: Housing Starts: […]
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Buyer Activity Could Start Picking Up, Realtor.com® Data Shows
Are the markets about to heat up? According to a new report from realtor.com®, buyers are preparing to get back out there. Since March 16, when the first shelter-in place orders were implemented, data shows listings views, saves and shares have increased significantly, by 30 percent, 76 percent and 95 percent, respectively. Realtor.com® reports that […]
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