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Hopes High as Home Builders Encouraged by New Administration -- From RISMedia.com

Hopes High as Home Builders Encouraged by New Administration -- From RISMedia.com

Home builders have high hopes for the year ahead, anticipating a solid real estate market while being encouraged by the promises of a new administration. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) posted 67 this month, a decrease of only two points from December 2016, with the measure of “buyer traffic” at 51, the measure of “current sales conditions” at 72, and the measure of “sales expectations” at 76. An above-50 reading indicates more build...
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Understand the Details of Residential Construction to Increase Your Professionalism, Confidence and Sales Success

Understand the Details of Residential Construction to Increase Your Professionalism, Confidence and Sales Success

by Zoe Eisenberg - In an industry where clients can find all the information they need with the click of a mouse, it’s important for real estate agents to be as knowledgeable as possible in every facet of the business. One educational plane that more agents are diving into is understanding the details of residential construction.
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Housing Starts Explode to New Heights

Housing Starts Explode to New Heights

RIS Media reports that new home starts have jumped 20.2% in April, "restoring themselves to what some are calling 'recovery highs', levels similar to November 2007." A U.S. Commerce Department report released several days ago measured housing starts for April at a 1.14 million annualized level. The 20.2% increase is the biggest jump recorded since 1991.
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Protecting Your Privacy Through a Land Trust Title

Protecting Your Privacy Through a Land Trust Title

In today’s day and age, privacy is becoming a scarce resource. John M. Coombe, Vice President, Fiduciary Business Services, First American Trust, FSB, and Elizabeth A. “Libby” Markworth, Vice President, Relationship Manager, Fiduciary Business Services, First American Trust, FSB share a strategy utilized by celebrities, business leaders, politicians and others who would like to protect the privacy of their homes, their businesses and their families.
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Who Moved My Real Estate Market? - Trends in the New Homes Arena Offer Great Opportunities

Who Moved My Real Estate Market? - Trends in the New Homes Arena Offer Great Opportunities

After years of record low housing production, builders across the nation are gearing up and bringing homebuilding back to life. Building on an inventory of lots purchased during the recession, new home construction is helping to offset low housing inventory and increasing buyer interest in many markets. As a result, more than 1 million residential housing permits were issued during the last 12 months alone. And, as developers come back into the game and builders expand their production capacity,...
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Small Builders, Big Opportunities

Small Builders, Big Opportunities

For as far back as the numbers have been measured, small builders have constructed the vast majority of homes across our nation. Defined as those companies building 25 or fewer homes each year, these small entrepreneurial players have historically offered a flexibility in design, material choices and product selection, along with a level of personalized service that has appealed to the majority of buyers. However, following the Great Recession, we find that a dramatic change has occurred.
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New-Homes Market Continues to Play Leading Role in Real Estate Today, and Long into the Future

New-Homes Market Continues to Play Leading Role in Real Estate Today, and Long into the Future

Scott MacDonald, real estate investor, real estate broker and owner of RE/MAX Gateway has received numerous accolades, including a nomination for REALTOR® of the Year and induction into the RE/MAX Hall of Fame and Lifetime Achievement. With over 25 years of experience, MacDonald is highly regarded for his real estate expertise and has participated as a speaker at the RE/MAX International Convention, RE/MAX Broker Owner Conventions, RE/MAX Regional Broker events and RISMedia’s CEO Exchange. This...
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NAHB Projects 25% Increase in Home Building for 2014

NAHB Projects 25% Increase in Home Building for 2014

From the NAHB Eye on the Economy Report: Home Building on the Rise in 2014. The prospects for home building in 2014 are bright. NAHB is forecasting a nearly 25% gain in total housing starts, with a 32% pickup in single-family construction. And the coming year will come atop the gains of 2013. NAHB expects that the final numbers will show that housing starts expanded almost 18% last year to a total of 921,000.
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Are You Ignoring the Needs of a Majority of Today’s Homebuyers?

Are You Ignoring the Needs of a Majority of Today’s Homebuyers?

A national survey finds that a majority of homebuyers want to include brand-new homes in their search. At the same time, a small percentage of real estate professionals have the training, market knowledge and builder relationships to professionally support their clients in the new-homes arena. As a result, the majority of brokers and agents are professionally meeting the needs of only 46 percent of today’s homebuyers! Are you overlooking one of the most powerful keys to maximizing real estate s...
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