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1 April 2016

Real Estate Resource Roundup – 4/1/16

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Well, folks, as April begins, the Real Estate Resource Roundup is coming to a close. Starting next week, we’ll be kicking off our series of animal-only housing and news! In the meantime, enjoy our human-focused features….and April Fool’s!!

Pending Home Sales Spring Forward, Boost Inventory
NAR’s Pending Sales Home Index made promising strides in February, and the increased supply for buyers could affect home prices.

2016 Home Sales Doing Just Fine
Last year was a good year for residential real estate in the United States but 2016 is starting out stronger. See why in these graphs.

March Job Creation Bodes Well for Housing Inventory Crisis
March job numbers brought welcome news as more jobs were added to the construction market, which bodes well for the current lack of inventory in the market. Job creation increased by 215,000 in March, while the unemployment rate remained stagnant at 5%, the U.S. Bureau of Labor Statistics reported Friday.

Home Prices Rise
Home sales prices rose 5.4% in January, continuing at a moderate and steady pace despite ongoing inventory shortages, meaning home prices are rising twice as fast as both inflation and wages.

Mortgage Loan Rates Made Small Moves, Applications Rise
The Mortgage Bankers Association noted a week-over-week decrease of 1% in the group’s seasonally adjusted composite index last week.

Mortgage Applications Fall One Percent
Spring home buying season has kicked into high gear, but it wasn’t enough to boost mortgage applications, which fell by 1 percent last week, the Mortgage Bankers Association reported. That was largely due to a drop in refinancings, which slipped 3 percent.

America’s Real Estate Deemed Safe for Foreign Investment
U.S. real estate seems to be particularly sound in comparison to the current overall uncertain global climate.

How Boomers Can Appeal to Millennial Home Buyers
Today’s millennial buyers have different expectations and desires for a home than their parents had. Yet with the shortage of home listings in the Washington area, baby boomer homes are what make up the majority of listings in a millennial’s price range.

How to Write Better Emails That Get the Attention of Busy Clients
Get your email to make a connection fast with potential and current clients. Learn how here.

Get a Spotless, Organized Home Office in One Week
Create the office space in your home that will keep you organized and productive. Don’t forget to add a touch of green!

In case you missed it here on Clean Slate, Senior Director of Learning Technologies and Solutions Karlton Utter shared a step-by-step guide to starting Facebook ads! As always, be sure to follow #BHGRE on Facebook and Twitter for more updates.

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