Clients must deal with nosy families and friends (10/27/2014)
Buyers often find themselves in an awkward situation when someone asks what they paid for their home? Here are three ways to deflect the question.
The Bank of Mom-and-Dad helps more first-time buyers (9/22/2014)
Last year, 1 in 4 first-time homebuyers received a cash gift from family or friends for a downpayment – the highest percentage since NAR has tracked the trend.
Survey: Consumer views on home buying (9/15/2014)
More than two-thirds of Americans (68%) think it’s a good time to buy a home – but many won’t try because they think banks will turn down their mortgage request.
Homebuyers beware: ‘Nanny cam’ could be listening (9/15/2014)
Are you alone? Parents hide nanny cams in homes to secretly see how a babysitter interacts with children – but they can also record buyers during at a showing.
7 reasons renters don’t become homeowners (9/10/2014)
Some reasons are pragmatic (not enough money) while others are personal (fear of upkeep). Solve their problems to turn renters into buyers.
It pays to own a home (9/10/2014)
Federal Reserve survey: Homeowners build net worth four times faster than renters. In the past 15 years, the typical owner’s net worth is 31 to 46 times higher.
Hook luxury buyers with concierge-style service (9/9/2014)
Ultra-high buyers’ staff handle life’s details, so they also expect top service from a Realtor – like help with a driver’s license or a dog groomer referral.
Why the upswing in number of single buyers? (9/2/2014)
Single homebuyers made nearly one-third of all 2013 real estate purchases, according to NAR. A survey finds their reasons are the same as those of married buyers.
Home flipping drops below 5% of 2Q sales (8/22/2014)
RealtyTrac: Flipping – a same-home re-sale in less than 12 months – is on the decline and settling into a “historically normal pattern.” But Fla. has exceptions
Virtual home showing almost like being there (8/15/2014)
Video chats like FaceTime or Skype allow an agent to talk to a far-away buyer while walking him through a home – a must-have method to tap foreign investors.
Homes less affordable in 1 out of 3 U.S. counties (8/7/2014)
While home affordability is better than it was during the housing bubble, only some of Middle America’s home prices are keeping pace with local incomes.
Older adult transactions part broker, part therapist (8/7/2014)
Beyond taking care of transaction details, adults moving out of a long-term family home often rely on a Realtor for emotional support for the big transition.
Mortgage closing costs up 6% to $2,539 nationwide (8/5/2014)
Bankrate.com: At $3,046 on a $200K loan, Texas’ closing costs led the nation, as Fla. ranked No. 8 at an average $2,648. Bottom of the list: Nev. at $2,265.
20% of Fla. home shoppers could enter the market soon (7/30/2014)
Survey: While 30% say they’ve had to postpone home-buying plans, another 20% say ongoing market changes may coax them to enter the market sooner.
5 mistakes first-time homebuyers make (7/22/2014)
Many first-time buyers are eager to own a home but unprepared for the usual financial scrutiny. Some hurt their chance at ownership by making unwise decisions.
Many buyers aren’t prepared for mortgage process (7/22/2014)
Survey: While 94% think a home is a good investment, 63% find online information overwhelming and barely half calculate their expected monthly payment.
Eight survival tips for a successful move (7/18/2014)
One lost bed screw can take hours to find or leave homeowners sleeping on the floor their first night in a new house. A little organization goes a long way.
What kind of technology do baby boomers want? (7/17/2014)
Buyers 50 and older weren’t raised on technology, but high-speed Internet tops their want-to-have list, along with products that help them age in place.
RealtyTrac releases first-ever disaster ratings (6/19/2014)
Mother Nature is kind to Fla. The risk of any natural disaster along most of the coastline is only “medium” when it comes to hurricanes, tornadoes and earthquakes.
Homebuyer turn-ons and turn-offs
Many buyers like open floor plans, updated kitchens and hardwood floors, while odors, dirty bathrooms and overflowing closets are definite turn-offs.
Why do people move? (6/5/2014)
Census Bureau: While the top reason hasn’t changed in years – to live in a new or better home or apartment – more now move for cheaper housing or commute costs.
Fear of rejection keeps homebuyers on sidelines (6/3/2014)
Turned down for a mortgage the first time, many buyers with lower credit scores (below 680) have no desire to try again – a result of tighter U.S. lending standards
Do little fixes boost home sales? (6/2/2014)
A home improvement website tracked projects and found many buyers enter the process with plans to renovate; sellers should focus more on smaller repair projects.
Online mortgage calculator includes hidden fees (6/2/2014)
The calculator allows buyers to estimate the cost of total payouts over time and compare bottom-line mortgage offer costs from three different lenders.
Selling a home? Talk to the children (5/20/2014)
A new Harris Poll study finds more decisions rest on what’s good for the kids – and a higher percentage of Millennials want to stay close to their own parents.