Real Estate - Real Estate, Updates, News & Tips

Shrine to Female Agents Alarms Local Pros

Real estate professionals in Abilene, Texas, are on edge after a shed on private property was found to contain a collage of more than two dozen head shots of women, mostly local agents, tacked on the outer walls and a nearby property fence. Agent Tommy Simons discovered the collage when he was visiting his listing next door.“I’ve known all those ladies a long time,” Simons told the Houston Chronicle. “That’s kind of weird and kind of

Read More

‘Mannequin House’ Goes Viral With Odd Photos

A two-acre property in Richmond, Texas, garnered 1.2 million page views in just two days for its unusual listing photos. How’d they do it?If you flip through the photos, you’ll see how “one of a kind” this five-bedroom, 5.5-bathroom home is. Nearly every room contains at least one mannequin, prompting the nickname “mannequin house.” The photos feature a mannequin sitting on a kitchen stool, peeking into windows from the outside, and

Read More

Poverty Rates Rising in Suburbs

Poverty is increasingly striking the nation’s suburbs and exurbs (farther out suburbs on the edges of metros). High-poverty neighborhoods have risen 76 percent in the suburbs and 123 percent in the exurbs from 2000 to 2015, according to an analysis from Apartment List, which culled data from a recent report out of Harvard University’s Joint Center for Housing Studies. A high-poverty neighborhood is an area with a poverty rate that is 20 pe

Read More

Wildfires Remain Major Threat in Many Areas

About 4.5 million U.S. homes are at high or extreme risk of wildfires, according to the 2017 FireLine State Risk Report released by Verisk Insurance Solutions.The state most at risk: More than 2 million households in California are at high or extreme risk of wildfire, according to the report. Texas ranks second with 715,300 homes at risk.“Wildfires have scorched nearly 3.5 million acres so far in 2017,” says Arindam Samanta, director of p

Read More

Borrowers Are in a Rush as Mortgage Apps Soar

Threats of rising mortgage rates may have spooked borrowers last week and prompted them to quickly lock in rates. Total mortgage application volume for refinancings and home purchases jumped 6.3 percent last week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday.Even though mortgage rates remained steady during the week, refinance volume, which had been dropping in recent weeks, surged 13 percent last week.The 30

Read More

What Thieves Are Most After in Homes

Here are some sobering stats from the FBI: A robbery occurs every 1.6 minutes in the U.S., a burglary every 18.2 seconds, and a larceny theft every 5.4 seconds.SafeHome, a home security systems reviews resource, analyzed FBI Uniform Crime Reporting data from 2015 to determine the items thieves most commonly target.The most stolen items were classified as miscellaneous valuables, jewelry, and precious metals, according to the report. In some state

Read More

Foreign U.S. Home Sales Shatter Records

Foreign investment in U.S. real estate has surged to a new high, with property expenditures skyrocketing 49 percent over the past year, according to the National Association of REALTORS®’ 2017 Profile of International Activity in U.S. Residential Real Estate.Nearly half of all foreign sales were in three states: Florida, California, and Texas.Between April 2016 and March 2017, foreign buyers and recent immigrants purchased $153 billion of res

Read More

REALTORS: The best tool an agent has to build a reputation

Content MarketingTo create custom content that resonates with your prospects, you need a clear understanding of your goals as well as insights into your prospectsKey Takeaways Content marketing can generate free online exposure and improve your website's visibility in search results.Wouldn’t it be great if you could cut down on advertising and spend more time actually engaging with potential homebuyers and sellers?Marketing experts in real esta

Read More

Department of Housing and Urban Development offering $2 billion in homeless assistance grants

Programs aiming to reduce and eliminate homelessness can apply for the grants through September 28Key Takeaways The Continuum of Care Program provides funding for nonprofit organizations and state and local governments "to quickly re-house homeless individuals and families to minimize trauma and dislocation." The program will make $2 billion in funding available to those organizations and governments in order to continue to tackle homelessness.Ho

Read More

REALTORS: 5 Phrases to Help Buyers Commit

When it’s time to make an offer on a home they love, buyers might freeze up, says marketing expert and business strategist Marc Gordon. Maybe they don't feel ready or the property isn’t quite right for them. Don’t add more pressure as an agent. These five “soft” sales techniques from Gordon are here to help you guide clients toward putting in an offer on a property.“Are we good to go?”​ Despite being ready to buy, some ho

Read More

This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.