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23 September 2016

Real Estate Resource Roundup – 9/23/16

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Happy Autumn!

With a new season starting, it’s the perfect time to set yourself and your business up for success. Get in the know with the latest industry news and updates in this week’s real estate resource roundup:

Existing-Home Sales Rise as Prices Start to Drop
Purchases of existing homes had fallen sharply in July but rebounded in August, according to the latest report from the National Association of Realtors®. Learn more here.

Economic Growth Set to Accelerate
Consumer and government spending are expected to drive growth despite a brief dip in consumer activity so far in the third quarter. Find out what’s to come in the second half of the year.

Foreclosure Rate Drops to Pre-Crisis Levels [Infographic]
The national foreclosure rate has returned to August 2007 levels, after continuing to decline on a month-over-month report.

Half a Million Homeowners Regained Equity in Q2
Just over 548,000 homeowners regained equity in the last quarter, meaning the percentage of American homes that now have positive equity stand at 92.9 percent.

Builder Confidence Hits New High for 2016
Builder confidence in September hit a new high for 2016, in fact, it’s at its highest since October of last year, according to the most recent Housing Market Index. Get more insights here.

Mortgage Applications Tank Amid Rising Rates
Mortgage rates finally broke out of their tight range, and borrowers retreated in force. Total mortgage application volume decreased by 7.3 percent, according to the Mortgage Bankers Association.

The Hottest ZIP Codes for 2016
Millennials are a key factor turning up the heat in America’s hottest housing markets, says a new report from realtor.com®. Check out the hottest zip codes with affordable prices and strong job markets.

In case you missed it here on Clean Slate, we shared how to generate leads using pay-per-click advertising. As always, be sure to follow #BHGRE on Facebook and Twitter for more updates.

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