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24 July 2015

Real Estate Resource Roundup – 7/24/15

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Welcome to the end of another great week to be a real estate professional! This week’s Real Estate Resource Roundup is jam-packed with exciting industry news, updates, and advice from the best of the best. So let’s get to it!

Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak
Prices of existing homes sold in the U.S. vaulted to a record high in June, topping the mark set in 2006, as sales increased at their strongest pace in more than eight years.

US Seeing Fewer Overseas Buyers
Though domestic purchases were increasing during this time, the first four months of 2015 saw the number of homes being sold to overseas buyers fall drastically. The number of foreign purchases decreased by between 25 percent and 33 percent amongst international buyers whose currency had depreciated significantly against the US dollar.

U.S. Home Prices Climbed in May as Supply Fell Short of Demand
U.S. home prices rose in May as a limited supply of properties for sale failed to meet demand from first-time buyers.

Is Real Estate Really the Best Investment?
According to one in four American adults, the answer is yes! Find out what other investments were in the running.

Boomers Competing With Millennials for U.S. Urban Rental Housing
While the millennial generation has driven demand for apartments in recent years, baby boomers — those born from 1946 to 1964 — will be the next wave, pushing up rents and spurring construction of more multifamily housing.

Is This What Will Push Millennials into the Housing Market?
Earlier this year, the Federal Housing Administration started to reduce private mortgage insurance (PMI) premiums on its loans in an effort to boost homeownership among millennials.

How Connectivity Has Changed the Real Estate Game
Terry Denoux, broker-owner of Better Homes and Gardens Real Estate Northwest Living, comments on the trend of small communities taking off because of technology creating alternatives for those not drawn to urban centers.

Three Must-Haves to Recruit Millennial Agents
As a generation expected to surpass the number of baby boomers in the U.S., millennials are a target audience for businesses and advertisers. Here are three ways to entice more millennials to work for your brokerage.

How to Create a Five Star Buyer Showing Experience
Taking advantage of these apps can boost your buyer’s showing experience from good to fantastic!

Customizing Your Content To Appeal To All Generations
In terms of marketing, the generational gap is becoming more of a canyon! Learn how to choose content to appeal to any generation.

In case you missed it here on Clean Slate, Go School Director Alyssa Hellman shared her industry insights and the importance of a strong company culture with us. 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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