Home Prices Expected to Increase Faster than Overall Rent Growth in Many States Tight inventory and a pick-up in demand for homes as the economy continues to grow at a healthy pace have pushed up home prices. As of July 2015, the median price of all existing homes across the U.S. was $234,000, up 6 percent from a year ago, and at this level, the median price is...
2015-09-24
Leadership from the Outside, In “Don’t study the great realty companies, study the great companies,” said Paul Charron. “The great companies will have something for you to take away.” As chairman of the board for the Campbell’s Soup Company with a rich career of leading many...
2015-09-24
Amid Rapid Gentrification, Inclusionary Housing can Reduce Segregation Inclusionary housing, a policy by which developers provide for the construction of affordable housing, can be used effectively to reduce economic segregation at a time of rapid gentrification in neighborhoods across the United States, according to a report published recently by the...
2015-09-24
Deloitte Forecast: Retail Holiday Sales to Increase 3.5 to 4 Percent Retailers should see a moderate increase in holiday sales in the stores and online this year, according to Deloitte's annual retail holiday sales forecast.
"An improving labor market, increasing home values and relief at the pump gave more Americans reason to believe the...
Capitalize on Cross-Border Business The number of houses purchased by U.S. border neighbors accounted for almost one quarter of all foreign home-sale purchases last year. According to NAR’s 2015 Profile of Home Buying Activity, 14 percent of these homebuyers are from Canada and 9 percent from Mexico. Canada’s...
2015-09-24
Brokers Face Technology Adoption Challenges Head On Real estate has been an industry in transition as new technologies emerge almost daily to reshape the way buyers and sellers search for homes. The price of this progress has been one of changing not only the industry’s attitude about technology, but our adoption of it.
From...
2015-09-26
2016: The Return of a Feel-Good Real Estate Market? Legendary NASCAR driver Bobby Unser, who steered his way to three Indy 500 championships in three succeeding decades, had a simple recipe for achievement. “Success,” he maintained, “is where preparation meets opportunity.”
If you believe that –...
2015-10-28
Digital Marketing: What REALTORS Need from Their Brokers The National Association of REALTORS® (NAR) recently released its Real Estate in a Digital Age report where it looked at the use of technology by REALTORS® and how homebuyers are looking for properties in a digital age. What has changed over the years from a buyer’s...
2015-10-29
Super-Charged Strategies for Long-term Success Smooth, steady success—it’s what every real estate broker wants. But is it actually attainable? According to five leading brokerage executives, sustainable success is indeed achievable, and during RISMedia’s Real Estate CEO Exchange last month, they shared exactly...
2015-10-29
Communication Smog: How Much is it Costing Your Company? What would you do if a pollutant in your office was killing $5,000 of profit this year? What would you do if every single employee spewed forth that much pollution each year?
This pollutant called “Ineffective Communication” affects every employee and causes smog in your...
2015-10-29
Sharing Our Bounty through 'Move For Hunger' Our relocation industry has always employed more than its share of socially conscious people. The essence of our work is using our special knowledge in skilled and empathetic ways to help employees and families get through big life changes. Throughout relocation management and real...
2015-10-29
Pending Home Sales Lose Further Steam in September Pending home sales cooled in September for the second straight month and to their second lowest index reading in 2015, according to the National Association of REALTORS®. All four major regions experienced a pullback in activity in September.The Pending Home Sales Index, a...
Commentary: Why Being All-In Is Critical to Your Team and Business As leaders, we expect our teams to buy into the vision and goals we’ve set for our business. We want them to not only commit to their roles, but also commit to improving themselves and the company as well. But what about us? Do we demand the same from ourselves?
Teams...
2015-10-29
Getting the Most out of Meetings Many employees probably groan and grumble when they see that the boss has scheduled yet another meeting. But Cameron Herold, a business development expert and author of “Double Double: How to Double Your Revenue and Profit in 3 Years or Less”, insists it doesn’t need...
2015-11-18
Today’s Homebuyers and Sellers: What's Driving Sales? For many homeowners, buying a home is one of the largest financial decisions they will make in their lives. It’s not a decision to enter into lightly, and most buyers and sellers are turning to the experts, especially REALTORS®, for help. In today’s digitally-connected...
2015-11-19
Power Broker Strategies: D'Ambrosia Steps up to the Plate The Power Broker Roundtable is brought to you by the National Association of REALTORS® and its Liaison for Large Residential Firms Relations, Jim Imhoff. This month's Roundtable features and interview with Imhoff, Chairman & CEO, First Weber Group, Madison, Wisc., and J....
2015-11-20
Economy Remains on Firm Footing Amid Global Risks Fannie Mae's Economic & Strategic Research (ESR) Group expects economic growth to pick up in the fourth quarter, bringing growth for all of 2015 to 2.2 percent with a slight expansion to 2.4 percent in 2016. Solid consumer spending and an increase in construction activity, home...
2015-11-20
Capital Expenditures on Technology Driving 2016 Financial Plans, CFOs Report Chief financial officers (CFOs) plan to significantly increase their company's capital spending in 2016, as the economic outlook remains positive, despite forecasts of an interest rate increase and uncertainty in government policies heading into an election year.
According to TD...