Consumer confidence increased from 99.1 in October to 102 in November, breaking a three month streak of decreases, according to the latest data from The Conference Board. “Consumer confidence increased in November, following three consecutive months of decline,” said Dana Peterson, chief economist at The Conference Board. “This improvement ...read more
News Category: Real Estate News
Above, Erin Turner Erin Turner, a REALTOR® with Richmond, British Columbia-based RE/MAX Crest Realty, has cultivated her career creating a haven for senior happiness. In recognition of her decades-long commitment to service, she has been awarded this year's Seniors Real Estate Specialist ® (SRES®) Outstanding Service Award. The SRES®...
Running a team takes a lot of work to breed success, and a big part of that is the building and expanding your team's roster with a lineup of great agents. Effective recruiting leans heavily on building relationships and trust with other REALTORS® in order to create a presence...
Building a new home is a significant milestone in anyone's life, and the process can be both exhilarating and challenging. Whether considering existing new construction or contemplating creating a custom home, careful planning and informed decision-making are essential for a seamless home-buying experience. This comprehensive guide will explore critical...
With over 20 years of experience as a consultant serving clients at the highest level, it's no surprise that Eric Landry—an agent with Falmouth, Maine-based Portside Real Estate Group—has excelled in his inaugural years as an agent. “The most important thing you can do as you start building your...
New-home sales fell 5.6% in October, erasing the miraculous 12.3% growth seen in September. Data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau states that sales of newly built, single-family homes were at a rate of 679,000 in October, down from September's revised...
Consumer sentiment dropped 3.9% in November, according to data from the University of Michigan. “While this marks the fourth consecutive month of declines, November's reading reflects a balance of factors, some of which improved while others worsened. More-favorable current assessments and expectations of personal finances were offset by a...
Seeing their fourth week of declines, the 30-year fixed-rate mortgage (FRM) averaged 7.29% this week, down from last week's dip to 7.44%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Wednesday, Nov. 22. This week's results include an adjustment for the observance of Thanksgiving....
Choosing a new home is an exciting and significant decision in one's life. One of the many choices you'll encounter when searching for the perfect home is whether to buy a house on a corner lot. Corner lots are unique in many ways, offering various advantages and disadvantages. Examining...
The world of residential real estate is exciting and full of opportunities, but it also comes with unique safety considerations. Meeting prospective clients, often for the first time, is integral to the job. A recent survey of REALTORS®, members of the National Association of REALTORS® (NAR), who work in...