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National News

Study: Vast Majority of Consumers Dissatisfied with Real Estate Office Phone Skills

New research from the PH Media Group has found that only 28 percent of American consumers are satisfied with the way real estate businesses handle their phone calls. The study also found that the standards for phone manner for

The 10 Things Clients ‘Must Have’ in New Construction Homes

Baby Boomers are famous for their embrace of suburbs, and new research suggests that their love for the housing style remains fervent as ever. According to new research from the National Association of Home Builders (NAHB), 22 percent of

The 4 Challenges First-Time Buyers Face in 2016

The housing market is improving, but first-time homebuyers still face challenges First-time homebuyers have dropped to their lowest share since 1987, and based on numerous reports and analyses by news organizations and industry groups, there are a number of barriers

Despite Adversity, Millennials Optimistic on Housing

Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number

The 3 Things You Need to Know About 2016’s Tricky New Construction Market

New home sales were down in January, but that’s not the whole story Sales of new single-family homes declined in January, falling 9.2 percent from December and 5.2 percent from Jan. 2015 to a seasonally adjusted annual rate of 494,000,

Why A Majority of Homeowners “Underestimate” Their Home’s Value

There are more than 49 million homeowners in the U.S. with a mortgage, and approximately half (46 percent) expect their equity to increase in 2016, according to research from loanDepot. That’s another way of saying seller confidence is on

Hillary Clinton Announces $25 Billion Plan to Aid Homebuyers/Renters

Clinton’s “Breaking Every Barrier Agenda” proposes bold changes to aid homebuyers and renters Hillary Clinton announced a $25 billion housing reform plan as part of her “Breaking Every Barrier Agenda,” which outlines her plans for economic reform, should she be elected to the

Study: Decline in Undocumented Workers Could Raise Housing Costs

Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100

Real Estate the Nation’s Second-Happiest Industry

According to TINYpulse’s “2016 Best Industry Rankings” survey, if you’re working in real estate, you choose one of the happiest careers. The  survey was given to more than 60,000 employees from 13 different industries, and studied employee engagement and satisfaction

These 3 Concerns Continue to Haunt Sellers

An uncertain economy and low inventory are bringing out conservative tendencies in sellers Home sellers may dial back prices a bit due to concerns over the economy, the low inventory and buyers being more selective in their home purchases, according to a new Redfin

Cheaper Oil, Cheaper Mortgage Rates – A Buying Opportunity

There are a lot of cities in the U.S. – Houston, New Orleans – that have felt the sting of falling crude values (“sting” being a cozy euphemism for economic haymaker). But the news isn’t all bad. Take, for instance, mortgage

3 Positive Employment Trends For Housing

The latest jobs report shows some silver linings for employment   Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing

In Listing Language, Luxury Homes are “Sexy” and “Seductive” – Not “Lovely”

When selling luxury, “sexy” is preferable to “lovely” As Pat Benatar sang, “love is a battlefield” – and as realtor.com analysts have found, love is also a lousy way to sell a home. According to an analysis of 1.6

NAR Survey: 10% of Transactions Delayed by TRID

TRID’s impact on the real estate process has been minimal, though agents are still experiencing some problems with their clients’ documentation, according to a new survey from the National Association of Realtors. Just over 10 percent of Realtor transactions,

TransUnion Predicts 2.2 Million Boomerang Buyers Will Return by 2021

Boomerang buyers are, as the name implies, ready to return to housing The housing market’s recovery has been slow since the recession, and many consumers are still struggling with the economic fallout. According to a study released by TransUnion, though, there

Miami Ranked a Top Metro Area for New Construction

According to a Dodge Data & Analytics report, Miami was ranked as one of the top metro areas for new commercial and multifamily construction in 2015, with a total dollar amount of $6.3 billion. At number two, Miami was ranked behind New

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