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17 July 2015

Real Estate Resource Roundup – 7/17/15

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The real estate industry is really heating up this summer! Cool down with a tall glass of news from this week’s Real Estate Resource Roundup!

U.S. Foreclosure Activity in First Half of 2015 Fell to Ten-Year Low
Foreclosure activity across the United States dropped to its lowest in a decade during the first half of 2015, according to data released Thursday.

Mortgage Limits May Increase
Jumbo mortgages for single-family residences exceed $417,000 in most parts of the country and $625,500 in high-price markets. But with home prices climbing back to pre-recession peaks in some markets, baseline jumbo thresholds may be raised for the first time in a decade.

Why Most U.S. Housing Markets Are Undervalued Even as Prices Climb  
U.S. homes are by and large undervalued, even as national price measures show a modest overvaluation due to skewing effects from a few large markets, according to new research from Goldman Sachs.

Strong US Groundbreaking, Building Permits Boost Housing Outlook
Groundbreaking increased 9.8 percent to an annual pace of 1.17 million units, causing U.S. housing starts to rebound this past June. The increase is expected to build momentum in the housing market.

HUD Issues Guidance Based on Equal Access to Housing Rule
The guidance will help clarify the Equal Access Rule originally published in 2012 to better serve LGBT Americans seeking HUD-assisted or HUD-insured housing.

How American Homes Have Evolved Since 1994 [INFOGRAPHIC]
Due to an evolution of bigger homes, the average sales price has increased to $345,800 from $154,500 as of 2014. This infographic is an overview of how American homes have changed in the past decades.

Three Ways to Be a Superb Buyer’s Agent
Building and developing your skills as an agent will allow you to manage challenging clients positively, and will make your life much easier in the process.

Five Steps to Take to Start Your Small Business Blog Today
The value of blogging as an agent has been proven time and time again, but where to begin? Follow these steps to jump start your blog.

In case you missed it here on Clean Slate, we revealed how to be an effective leader to your team. And if you have a few minutes, please participate in our “Real Estate and Social Media” survey. We’d like to find out how you’re using social media to build your business, and if you’re not, we’d love to know why. As always, be sure to follow #BHGRE on Facebook and Twitter for more updates.

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