Real Estate News Bites
Catch up on the latest real estate news stories from around the country.
Rising rates pushing up housing demands.
According to Fannie Mae’s June 2013 National Housing Survey, potential homebuyers may enter the home buying market sooner rather than later as more Americans expect mortgage rates and home prices to climb. The share of survey respondents who expect their personal financial situation to improve in the next year rose to 46%--the highest level since June 2010.
Falling foreclosure starts.
RealtyTrac reports that foreclosure filings for the first six months of 2013 were down 19% from the previous six months. Also, June’s foreclosure starts were down 21% from the previous month and down 45% from a year ago—the lowest monthly level since December 2005.
Top five cities to be a chicken.
Urban chicken coops—and their fresh eggs—have become the hottest trends among health-conscious eaters. Real-estate brokerage Redfin has compiled a list of the “Top 5 Cities to Be a Chicken” based on the percentage of homes that have been on the market or sold in the past three months with chicken enclosures mentioned as a feature in the listing description. The top cities are: (1) Portland, OR (2) Ventura, CA (3) San Diego, CA (4) Sacramento, CA (5) Seattle, WA.
Trulia launches “Find an Agent” directory.
Trulia has launched its “Find an Agent” directory, which will help consumers learn about agents’ previous home sales, active listings and recommendations from past clients. Trulia reports that more than 50% of buyers and sellers who search the directory are actively trying to find an agent.
American Home Shield is providing the information for general guidance only. Due to the general nature of the property maintenance and improvement advice in this material, neither American Home Shield Corporation, nor its licensed subsidiaries assumes any responsibility for any loss or damage which may be suffered by the use of this information.
Introducing Real Estate Insider Digital Magazine
Real Estate Insider is an exciting, new online magazine designed to help real estate professionals get the most out of their growing business. You’ll discover everything from business tips to marketing advice to an opportunity to ask an expert. It’s your one-stop destination for real estate from the inside out.
Real Estate Professionals: Appliance Discounts
As active customers, your clients have special access to the AHS Appliance Discount Program, offering significant discounts on brand name appliances. AHS passes along their discounted pricing so your customers can save big.
Five Tips for Attracting New Clients
Feed your pipeline with these tips for attracting new buyers and sellers.