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Archive for August 2018

Unpacking Lead Generation Conversion Rates

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If you are prospecting for your own leads or getting them through online conversion, this chart will help you understand the number of contacts to eventual listings you should be striving for out of those leads. This infographic from The Real Estate Trainer makes it easy to […]

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A Year After the Hurricanes – How Much Damage is Still Left?

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Just about a year ago, Hurricanes Harvey, Irma, and Maria hit the United States, along with Puerto Rico and the Virgin Islands, and caused a devastating amount of damage. Ever since then, the businesses and economies of the afflicted areas have been struggling to bounce back, and […]

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Trending – The Hottest Neighborhood in the US

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Bernal Heights, a district within San Francisco, may just be the country’s hottest market. Home prices in the area have appreciated 111% in the last 6 years, and houses for sale only spent an average of 16 days on the market. Those that sold, sold for an […]

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The Real Reason You Can’t Find a House for Sale Right Now

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It has become common knowledge that the reason it is hard to find a house in your price range is because the demand for houses is outweighing the supply, driving prices up and making it too hard for people to move into their next home. But, there […]

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Real Estate Term of the Day – Pocket Listing

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A pocket listing is a real estate listing that is retained by a broker or salesperson and is not made available to other brokers in the office or to other MLS members. These are sometimes referred to as exclusive listings. Usually, when a real estate professional is […]

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Freddie Mac Wants to Cap Rent Increases

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Freddie Mac, the country’s largest apartment loan backer, is introducing a new program that will offer lower-cost financing to owners who agree to cap rent increases for the duration of their loan. This is going to function similarly to rent control, the goal being to keep units […]

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Lack of People Entering Construction Could Spell Trouble for the Market

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According to recent research, the construction business is having a hard time attracting younger job seekers. Nationally, the share of construction workers who are 24 years old or younger has declined by nearly 30% on the last 10 years, and it is only getting smaller. Their general […]

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Trending – Palm Beach County

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Just like in many other parts of the country, home prices are climbing in Palm Beach County, FL. But, in the second quarter of 2018, the prices have gotten so high that affordability in the area has been reported at a 10-year low. According to the Wells […]

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Real Estate Term of the Day – Stripper

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In terms of real estate, “stripper” refers to an individual homeowner who strips the equity out of their home through mortgage refinancing, or to an investor who buys a property in foreclosure and then rents it back to the defaulting homeowner, which also strips the value. There […]

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Is the Midwest the Best?

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According to Realtor.com, if you want to buy a home, you should go to the Midwest. As recently as July, there has been a big shift in interest away from pricey markets in California and New England towards more affordable markets in the rest of the country, […]

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