What you can be doing right now to prepare for a recession

A very abrupt and widespread economic disruption is taking hold and presenting unprecedented challenges. What should you be doing to ensure you’re ready for whatever’s next, whether you’re an individual agent, a team or a broker-owner?

NAR revives free program for first time since 2009 recession

The program gives Realtors free access to transaction tools, educational webinars and other services.

Normal is gone: How to mentally prepare for the unknown future

If we’ve learned anything from past downturns, it’s that there is no normal — new or old. In today’s stressful time, we just have to learn to play the hand we’re dealt. Here’s how one indie broker broaches life and work during a global pandemic.

7 ways you can take control and refocus your business

Just because the industry (and the world) is going through a major shift doesn’t mean you can’t quickly learn to adapt to the changing situation. As a Realtor, there’s a lot you can do to bolster your business as you ride out the chaos.

Equity Gain Growing in Nearly Every State

Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined… Read More

How Interest Rates Can Impact Your Monthly Housing Payments

Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor. Freddie Mac explains: “If you’re in the market to buy a home, today’s average mortgage… Read More

10 Steps to Buying a Home [INFOGRAPHIC]

Some Highlights: If you’re thinking of buying a home and you’re not sure where to start, you’re not alone. Here’s a guide with 10 simple steps to follow in the homebuying process. Be sure to work with a trusted real estate professional to find out the specifics of what to do in your local area.

How Much “Housing Wealth” Can You Build in a Decade?

Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. Below are three graphs depicting the most important data revealed in the study. How much have home prices… Read More

Thinking of Selling? Now May Be the Time.

The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. The Census Bureau also just reported the highest homeownership rate since 2014 for people under 35. This is evidence… Read More

Entry-Level Homeowners Are in the Driver’s Seat

One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners? When prices appreciate, homeowners gain equity. In addition, those planning to sell this… Read More