Dec. single-family starts rose double digits to 11.3% as multifamily slid 19%. Based on permits issued, however, NAHB expects less dramatic numbers in the future.
Agents who nurtured customers have an edge as real estate slows down, while those constantly seeking brand-new clients are in for a rougher time.
Two vacation-home goals – “I want to give it my unique touch” and “I want to rent it out” – can be incompatible. Avoid stress by treating it like a business.
The office market is in a state of flux, and future demand relies on factors that have not yet played out. As a result, investors are considering other commercial areas.
Good news 2: While the builder confidence index remains in bearish territory, it rose 4 points to 35 in Jan., suggesting Dec. was “the low point … in this cycle.”
Realtors: Have a high school senior or kid in college? Or a client who does? Tell them about the Education Foundation Scholarships – and to apply by March 9.
This year’s goals should be “Specific, Measurable, Achievable, Realistic and Timely.” Praise team members, stay calm and use morning hours to focus on top goals.
Good news 3: An average weekly mortgage rate of, say, 5.8% could draw lots of buyers back into the market, and NAR’s chief economist thinks that could happen.
The state’s insurer-of-last-resort charges less, but big state programs tend to get bogged down by their own weight over time – and private insurers offer better coverage.
The big goal: Entice people to tune in for every episode. It’s a tall order that starts with showing the real you – or at least seeming to – and telling real-life stories.
