Affordability Aside, Housing Optimism Picks Up

The confidence consumers have in housing is picking up steam—but not because of the market outright, according to the August Fannie Mae Home Purchase Sentiment Index® (HPSI). At 88, the gauge grew 1.5 percentage points month-over-month; however, the confidence consumers have is on par with the prior year, and they are more keen on macro […]

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Confidence in Housing Teeters

After a positive start to the summer, the confidence consumers have in housing is teetering, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI) for July. At 86.5, the Index sunk 4.2 percentage points month-over-month, and 0.3 percentage points year-over-year. Twenty-four percent of homebuyers were optimistic about purchasing—a four-percentage point dip from June—and 41 […]

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5 ways to calm your sellers’ nerves when showings slow down

One of the toughest parts of the job can be keeping your sellers from stressing during the hectic process of listing, showing and selling their home. Here are five strategies to help keep your sellers’ nerves calm when showings slow down. 

Rising interest rates worrying your clients? Tell them these 5 things

If you are working with clients who are on the fence about buying or listing a property, the rate increase could be a great motivator. Here are five facts about interest rate increases that may inspire clients to move.

Confidence in Housing Slightly Wilts

The confidence consumers have in housing is slightly wilting, as homebuyers are immobilized by sparse supply, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI) for June. At 90.7, the Index flattened 1.6 percentage points month-over-month, but remains up by 2.4 percentage points year-over-year. Twenty-eight percent of homebuyers are optimistic about purchasing—no change from […]

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Sellers Win: Average Homeowner Gaining $40,000 at Resale

Sellers are winning. According to an analysis recently released by Zillow, the average homeowner pocketed $38,856, or a 20.8 percent return, when selling, having had their home for 8.4 years. “In a housing market that’s been plagued by low inventory and increasing demand, homeowners in the nation’s hottest markets have been able to cash in […]

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Confidence in Housing at New Record

Confidence in housing is at a new record, with the Fannie Mae Home Purchase Sentiment Index® (HPSI) outdoing its past peak. The boost was ignited by optimism from sellers, who are benefitting from increasing prices. At 92.3, the Index rose 0.6 percentage points month-over-month and 6.1 points year-over-year. “The HPSI edged up to another survey […]

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Confidence in Housing at New Record

Confidence in housing is at a new record, with the Fannie Mae Home Purchase Sentiment Index® (HPSI) outdoing its past peak. The boost was ignited by optimism from sellers, who are benefitting from increasing prices. At 92.3, the Index rose 0.6 percentage points month-over-month and 6.1 points year-over-year. “The HPSI edged up to another survey […]

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Listing This Summer? The Best Investments to Make Outdoors

Are you listing this summer? Get your outdoors in shape—it can pay off. According to National Association of REALTORS® (NAR) research, certain exterior improvements are likely to recoup at resale. Based on feedback from REALTORS®—who, through their experience, know what house hunters are ready to spend on—the best enhancements are lawn care, landscape maintenance and […]

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Inman Select’s trend reports and special reports are key to strategic planning

Dan Bunch, CEO at Vesta Real Estate Advisors, has been subscribing to and reading Inman Select for two years. He says he distributes the trend reports and special reports for study by the leadership team: “They are excellent preparation for our quarterly strategic planning meetings. Real estate is changing too quickly to ignore this information.”