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7 December 2013

Real Estate Resource Roundup: Top Stories of the Week: 12/7/2013

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Welcome to latest edition of the Real Estate Resource Roundup.  These are some of the industry articles that caught our eye this week.

Industry Insight: View from the Top
Marilyn Eiland of Better Homes and Gardens Real Estate Gary Greene, Matt Rand of Better Homes and Gardens Real Estate Rand Realty and David Cooper of Better Homes and Gardens Real Estate Kansas City Homes, are all included in this article about what they have seen this year in the real estate market and how it has made an impact on their business strategies.

New-Home Sales in U.S. Rebound From One-Year Low
According to the Commerce Department, purchases of new US homes rebounded in October from the lowest level in more than a year, signaling buyers are starting to take higher mortgage rates in stride.  According to the findings, sales jumped 25.4 percent to a 444,000 annualized pace.

New mortgage rules may mean less choice
The new mortgage regulations launched next year aimed to make mortgages safer may actually result in fewer choices for borrowers.  Now that banks have to ensure that monthly mortgage payments are affordable, some of the smaller ones may drop out of the business because of these tougher regulations.

Jobs report points towards improving market conditions
Employment in November improved in several areas closely tied to housing, according to data released by the Bureau of Labor Statistics. The economy added 8,400 residential construction employment jobs in the month of November, indicating that the recovery continues to march on.  

New-home sales skyrocket in October
According to data released by the U.S Census Bureau and the Department of Housing and Urban Development, sales of new single-family homes skyrocketed in October, ending a three-month slump that began in July.

READ  Real Estate Resource Roundup – 2/20/2015

Finally, if you’re using video for your marketing activities, or considering using it in 2014, join us on Monday for next our Beta Broker Hangout on Google+. We’re planning a lively discussion with two successful brokers on Strategies for Effective Real Estate Videos.

Again, that’s this Monday, December 9, at 2:00 p.m. ET/11:00 a.m. PT. Looking forward to it!

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