As rumors of a 50th anniversary tour next year for The Rolling Stones swirled around this week in the U.K., a lot of people here in the U.S. were screaming “Gimme Shelter” for a different reason. CNN reports that this year’s deadly weather disasters have storm shelter companies seeing record Continue Reading
Jun
21
2011
How Much Longer Can Homebuyers Really Afford to Wait?
by 6
The affordability quotient for buyers is extraordinary at this time. In fact, it is difficult to find a good reason why qualified buyers should wait any longer. Money is available for buyers with a good credit history, home prices have fallen over the past four years and in June 2011, mortgage rates Continue Reading
Oct
29
2010
Week in Review: What We Liked From the Week That Was
by 1
As the worst storm in 30 years tore through the Midwest, the foreclosure tornado continued to sweep across the housing industry. Clean up in the Midwest will hopefully be swift; the same can not be said for the latter. A 50-state task force is hoping to change that by helping struggling borrowers. Continue Reading
Aug
20
2010
Week in Review: Things We Liked from the Week That Was
by 1
Some slowdowns are good. DJ Shamantis created an internet hit this week with "U Smile 800 Percent Slower." A rendition of pop star Justin Bieber’s hit played eight times slower. Give it a full listen if you have 35 minutes to spare. What is speeding up: The rate of new mortgage applications, Continue Reading
Jun
28
2010
Tax Credit Extension or Not
by 6
We prospect diligently to find qualified buyers. We work with them tireless to find the perfect home. We negotiate expertly on their behalf to get an accepted offer. But then the real work begins these days. As we try to hold it all together and actually get to a successful closing. NAR estimates Continue Reading
Jun
25
2010
Week in Review: Things We Liked from the Week That Was
by 1
Even with a whirlwind of news this week -- from General McChrystal’s departure to the longest tennis match in the history of Wimbledon -- real estate remained a major focus. Sales of new single-family homes were down 32.7 percent to a record low. Sales of previously owned Continue Reading
May
07
2010
Week in Review: Things We Liked from the Week That Was
by 1
Of course, last Friday was the long anticipated deadline of the home buyer tax credits. While it did cause last minute deals to hurry in and reportedly boosted monthly sales 5.3 percent in March, the results were far less significant than many anticipated. We think this is good news, as it shows the Continue Reading
Mar
12
2010
Week in Review: Things We Liked from the Week That Was
by 0
Of all the signs that the economy is getting better, the most exciting, in my opinion, is the shrinking number of foreclosures. It tells me that the “worst case scenario” is getting a little better, as the number of homeowners facing foreclosure decreased 2 percent from the previous month. Continue Reading
Feb
19
2010
Week in Review: Things We Liked from the Week That Was
by 0
On the one year anniversary of the Home Affordable Modification Program (HAMP), more than one million homeowners have gotten temporary reductions in their mortgage payments, with 12 percent receiving permanent modifications. Although to date this is just minimal success, plans announced this week Continue Reading
Feb
12
2010
Week in Review: Things We Liked from the Week That Was
by 1
This week officially kicks off the beginning of real estate season or, as I like to say, the Real Estate New Year. The 2.9 percent increase over December on new “For Sale” homes in January certainly will help the market get off to a great start. I wish everyone a Happy Real Estate New Year and a Continue Reading
![Understanding and Serving Next Gen Consumers and Agents [webinar]](http://bhgrealestateblog.com/wp-content/uploads/2013/06/Understanding-and-Serving-Next-Gen-Consumers-and-Agents-webinar-165x70.jpg)
![Understanding and Serving Next Gen Consumers and Agents [webinar]](http://bhgrealestateblog.com/wp-content/uploads/2013/06/Understanding-and-Serving-Next-Gen-Consumers-and-Agents-webinar-40x40.jpg){kind=small}
The REport
According to the National Association of Realtors, 89 percent of home buyers use the Internet during the home search process. While it’s probable they are looking at property listings, potential home buyers may be researching the right agent for them based on initial referrals. The increasingly Continue Reading