Surrounded by the Best to Be the Best
Jeff Benson learned a lot over the years that factored into the success of the Milwaukee, Wis.-based real estate firm he opened in 1979. From his early days as a teacher to the sales savvy he developed in the automotive world, many things helped prepare him for his ultimate role as broker/owner of RE/MAX Realty […]
Housing Provisions Approved in Government Spending Bill
A massive $1.3 trillion, 2,232-page spending bill—which is set to keep government agencies operating through September—has been approved by the House and Senate. The House approved the bill Thursday with a 256-167 vote; members of the Senate approved the bill in a 256-167 vote on Friday. President Donald Trump tweeted concerns and possible plans to veto the […]
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Mortgage Rates Stay Still
The average 30-year, fixed mortgage rate stayed still this week, inching up to 4.45 percent from 4.44 percent the week prior, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 30-year, fixed rate has been rapidly rising since the start of the year. On Wednesday, the Federal Reserve increased its interest rate, denoting […]
Low Inventory, Rising Rates and a Bustling Spring Market
Spring is here, and, with it, a busy home-buying and -selling season. While real estate markets can vary widely by region, housing is currently seeing similar developments across the country. The Kiplinger Letter, an online source for personal finance advice and business forecasts, recently shared spring market trends. According to Kiplinger’s David Payne, staff economist, […]
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Existing-Home Sales Rally
Existing-home sales in February rallied, bouncing back from a slog at the start of the year, the National Association of REALTORS® (NAR) reports. Sales increased 3 percent to 5.54 million, marking a 1.1 percent increase from one year prior. Inventory increased, as well, 4.6 percent to 1.59 million, but remained 8.1 percent lower than one […]
Buyers Confronting ‘Perfect Storm’: Trulia
First-time homebuyers are in for it this spring, with an all but depleted inventory at their price point, according to the Q1 2018 Inventory and Price Watch from Trulia. Their challenges, however, are more than scarcity. “First-time homebuyers face a perfect storm this spring,” says Cheryl Young, senior economist at Trulia. “Affordable, move-in ready starter […]
Fed Hikes Rates—How Many More Are to Come?
The Federal Reserve carried out its first hike of 2018 on Wednesday, increasing interest rates one-quarter percentage point and leaving open the possibility of more raises this year. The action was anticipated by the market, which has been on a robust—and, at times, rollercoaster—run. “In view of realized and expected labor market conditions and inflation, […]
Exactly How Big Is the Military Market?
The following information is provided by the Center for REALTOR® Development (CRD). Current and former military are a huge demographic segment in the U.S. According to the most recent Demographics Report (2015) from Military OneSource, prepared for the U.S. Department of Defense (DoD) across active duty and reserve populations, there are 2.1 million military personnel. […]
Take Your Branding up a Notch
NAR PULSE—Take your firm’s branding to the next level by claiming your .realtor™ web address. Use a .realtor™ to build your online presence with a domain that is unique and industry-specific. Don’t wait; stake your claim today. New Video Series Keeps More Money in Your Pocket Tax deductions made simple: Intuit®’s new video series for […]
Build Your Brand by Being a Better Person
In the following interview, Mark Fields, president of CENTURY 21 Mark Fields and Associates in Asheville, N.C., discusses branding, culture, luxury marketing, and more. Region Served: Asheville, N.C., and surrounding areas Years in Real Estate: 40+ Number of Offices: 1 Number of Agents: 10 Favorite Way to Communicate With Clients: Face-to-face. A lot of communication […]