Improving Your Business

Stories, articles and advice aimed at improving your business

5 Ways that Rising Mortgage Rates Have Impacted Consumers

Much has been written about how rising mortgage rates will impact the housing market, but now we have a glimpse at how they’re affection consumers. The dramatic rise in mortgage rates has been the major story in housing this

The 10 Most Populous Hispanic Communities in the U.S.

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Save Your Transaction with an Appraisal Reconsideration of Value Form

Everything is in place for your client’s transaction, but the appraisal came in low; what can you do? Michael Hobbs writes about the value of an ROV. Every Realtor has received “that dreaded phone call.” You know the one.

The Top 9 Reasons That Consumers Moved in 2012

Quite a few Americans moved about in 2012, but what were the reasons behind their move? Last year, a hefty number of Americans moved to new residences – 35.5 million Americans, in fact, a 4 percent increase from 2011

Perspectives from the MBF: 5 Game-Changing Web Tools That Will Make You a Better Agent…Today!

There are many technological tools available to today’s agents, but as Claudia Lewis explains, there are five that are truly game changing. The sheer quantity and variety of technology tools that are at our disposal today have revolutionized our

Housing Stakeholders React Positively Toward New Mortgage Rules

Regulators have proposed new mortgage rules that will give more Americans access to mortgage credit, generating a positive reaction from housing stakeholders. The proposal would align the qualified residential mortgage rule (QRM) with the qualified mortgage rule (QM), finalized

The 9 Most Common Reasons For Home Sales in 2013

Why have home sellers sold their residences in 2013? We look at some interesting data and find the most prominent reasons. Housing inventory has been on a major upswing so far in 2013, with inventory rising nearly 22 percent

5 Possible Outcomes of Higher Mortgage Rates

Mortgage rates have risen rather dramatically since May; what impact could those increases have, though, on the housing market? At the beginning of May the average mortgage rate for a 30-year FRM was just 3.35 percent. Since then, as

What Does it Cost to Make your Dream Home a Reality?

What do you think qualifies for a dream home? Great location? Great views? Homefinder recently did some research into dream homes, and they decided that a ‘dream home’ was a single family home listed above $1 million with ‘dream

4 Important Tech Etiquette Tips for the Office

In an office environment where everyone is using technology, there are definitely some rules of the road you should be following. We risk summoning Captain Obvious with this statement, but it’s worth making nonetheless: technology is pretty much ubiquitous

9 Ways that Kids Affect Their Parents’ Home Search

There are many factors that consumers consider when searching for homes, and a new Trulia survey shows the impact that kids have on homebuying decisions. Homebuyers have many factors to consider when searching for a home. From the area’s

Tech Review: Contactually

What is it?  Contactually (www.contactually.com) is one of the most useful platforms for prospecting and follow up, combining CRM, email and reminders into a super sexy and integrated tool.  Where it won’t replace your current email or client relationship

5 Important Traits of Home Sellers in 2013

Home sellers have been tiptoeing back into the housing market throughout 2013, and we’ve collected the most important traits of those sellers. We’ve been covering the National Association of Realtors’ Home Buyer and Seller Generational Trends report pretty extensively

Are Mortgage Lending Standards Really THAT Bad?

We keep hearing that mortgage lending standards are unfairly tight, but does the data support that meme? One of the more prevailing memes in the housing recovery has been the relative tightness of lending standards on residential mortgages, and

The 11 Most Common Ways that Buyers Fund Their Downpayment

The downpayment remains the staple of most home financing; how are buyers, nowadays, funding their downpayments? Only 9 percent of homebuyers so far in 2013 have funded less than 50 percent of their home purchases with financing – which

How Affordable, Really, is Miami’s Housing Market?

Housing affordability has slipped a bit so far in 2013, but does Miami’s housing stock remain affordable relative to other major cities? Housing affordability slipped a bit from the first quarter to the second quarter in 2013, according to

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