Bob Goldberg: ‘The Status Quo Is Not an Option’

How NAR’s New CEO Intends to Change the Paradigm An enthusiastic and confident Bob Goldberg is fresh off his first live address as CEO during this week’s National Association of REALTORS® Leadership Summit. In this exclusive interview, find out how Goldberg is ushering in a new day at NAR, one that is centered on a […]

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Creative Flexibility Key to Attracting Agents

In the following interview, Bill Kratz, co-owner/managing broker, and Robert Foglio, co-owner/director of Operations, HomeSmart Realty Advisors, discuss the advantages of the HomeSmart brand, agent development, and more. Best Tip for Dealing With Difficult Clients: Always keep the end goal in mind and help facilitate everyone meeting in the middle. Best Time Management Tip: Encourage […]

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Home Prices Surge on Strong Buying Season

Home prices continue on at a clip, surging 6.2 percent in the second quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). The pace outdoes the previous peak observed in the third quarter of 2016. “The 2.2 million net new jobs created over the past year generated significant […]

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Housing Starts Get Tripped Up in July

Home-building activity unexpectedly tripped up in July, with housing starts down 4.8 percent to a rate of 1,155,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 0.5 percent to 856,000. Starts for units in buildings with five units or more […]

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Millennials Bank More on Conventional Mortgages

More millennial homebuyers are obtaining conventional financing over FHA financing, relying less on government-backed loans, according to the latest Ellie Mae Millennial Tracker™. Conventional and FHA—the most common types of mortgage loans for millennials—comprised 63 percent and 32 percent of millennial loans, respectively, in June. “Conventional and FHA loans make up the vast majority of […]

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The EB-5 Visa Program: Balancing Risk and Opportunity

For a quarter-century, the EB-5 visa program has helped finance economic development projects across America, sparking job growth and business investment in cities, suburbs and rural regions throughout the U.S.—all at no cost to the taxpayer. EB-5-funded projects span a diverse range of regions and industries, from charter schools in Utah and manufacturing plants in […]

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NAHB: Affordability Turns Downward in Q2

Housing affordability took a turn downward in the second quarter of 2017, as home prices and mortgage rates moved opposite, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Approximately 59 percent of homes sold in the second quarter were affordable based on the national median income, $68,000, a […]

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Are Relocation Professionals Robot-Proof?

Ever wonder how artificial intelligence would affect the corporate relocation industry? Could robots ever take over? Clearly, there is expanding reliance on technology applications, especially to track and report data and manage administration processes. But among the tech tools, many corporate programs feature personalized consultation that Relocation Management Company (RMC) counselors provide to assignees throughout […]

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Terrie O’Connor: Supporting Agents Equals Success for All

Following a 10-year career in real estate sales, marketing and management, Terrie O’Connor founded Terrie O’Connor REALTORS® in 1991. “As an entrepreneur, I felt the calling to open my own company with the simple idea that if I could provide all the behind-the-scenes support to my agents that they needed in a collaborative atmosphere, everyone […]

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Gen Xers Borrowing More So Than Millennials

Mortgage borrowers today are more often Gen X than millennial, according to a recent survey by NAMB – The Association of Mortgage Professionals. The majority of NAMB members surveyed reported millennials account for only as much as 25 percent of their customer base, compared to Gen Xers who comprised as much as 75 percent. “There’s a […]

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