Real Estate Resource Roundup: Top Stories of the Week, 5/9/14

House in hand

It’s finally Friday afternoon! Welcome to the Real Estate Resource Roundup, where we share just some of the industry and BHGRE network articles that caught our eye this week.

Nearly half of all home sales all-cash deals
All-cash deals hit a record 43% of home sales during the first three months of 2014, according to RealtyTrac. That’s up from 19% a year earlier and the highest level reported since RealtyTrac began tracking the deals in early 2011.

Mortgage Rates Fall Back to Best Levels of 2014
Mortgage rates fell back to their lowest levels of 2014, with most lenders in similar territory to last Friday.

Realogy earnings point to ‘challenging year’ for real estate
Realogy, BHGRE’s corporate parent grew its first-quarter revenue by 5 percent from a year ago to $1 billion thanks to rising home sale prices, but is still waiting along with everyone else for the usual spring bounce to kick in.

Should You Become a Broker?
If you’re thinking of becoming a broker, Real Trends reviews 5 essential personality traits for successful entrepreneurs.

Using Social Media to Outsell Your Competition
Adam Selig of LumentusSocial explores how to use social media to build relationships with potential clients or establish yourself as a real estate industry thought leader, and how it really can you sell more.

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