As 2019 gets underway, the nation's real estate market may still have a hangover from 2018. According to most economists who focus on the housing market, 15% of U.S. homes listed for sale in January experienced a price cut. While this may sound alarming, most experts view it as simply the market undergoing a standard correction, since 2018 saw a rapid acceleration in pricing and listings.
As the U.S. government shutdown goes on with no end in sight, more aspects of the nation's economy are being impacted. One of these is the real estate industry, which is beginning to find itself impacted in numerous ways. From families seeking to purchase a home to agents seeking referral leads or investors who are wondering if now is the best time to purchase a certain property, more and more people are feeling the results of Washington's disagreements. To learn about the specifics, here are some details to keep in mind.
Whether you are a real estate agent eager to be your own boss, or perhaps an investor looking to take your real estate portfolio to the next level, financing is always an issue. While there are many different sources of financing available, choosing which ones will work best for you can be challenging. To help with the decision-making process, here are several ways you can finance your real estate business.
If you are a real estate agent, investor, or someone looking to purchase or sell a home in 2019, one aspect of the market you may be dealing with will be new loan limit increases set forth by the Federal Housing Administration. According to economists and industry experts, 2019 will see the vast majority of the United States seeing increases. Based on the latest figures, new FHA loan limit ceilings will increase from $679,650 to $726,525 in 2019, while the floor for these loans will increase from $294,515 to $314,827. Because of these increases, agents, investors, and buyers and sellers are expected to reap significant benefits.
Long considered the best way to achieve long-term wealth, real estate investing is something many people decide to venture into at some point. However, while the thoughts of getting rich quick may be in their minds, the fact is becoming a successful real estate investor takes tremendous planning, determination, and a willingness to learn from one's mistakes. If you have decided to become a real estate investor, here are some important tips you'll want to remember.
For many people, becoming a real estate agent sounds like a great idea. In addition to meeting a variety of people, the job also offers the chance to earn a substantial income, be your own boss in many respects, and help people realize the American dream of home ownership. However, while offering many benefits, a real estate career should not be taken lightly. If you are considering a career in real estate, here are some tips to help you decide if it is the career for you.
According to the National Association of Realtors, over 96 percent of home buyers purchase their homes through the internet. As a result, real estate agents who have a presence online have a distinct advantage over those who still sit in an office and wait for their phone to ring. With more people than ever conducting business through their smartphones, agents who have a website can gain referral leads much quicker than traditional agents. If you are a real estate professional who is ready to leave the competition behind, here are some of the best reasons to have your own website.
In today's business world, there is no area more competitive than real estate. With more people becoming licensed and entering the field, it can get harder and harder for an agent to find success. However, for those determined to succeed, there are certain traits they should strive to have and exhibit each day. If you are a real estate agent who wants to take the next step to success, here are five traits possessed by the most successful real estate agents.
According to the National Association of Realtors, 75 percent of a real estate agent's business comes from referrals and word-of-mouth. Because of this, it's crucial to find new and innovative ways to grow your client base. While it may take some time, the payoff can literally be worth millions. If you are an agent, or perhaps a real estate investor, who is eager to gain new clients, here are some great ways to do so.
As the real estate market has changed, one of the biggest differences has been the number of potential buyers and sellers looking at properties online. Because of this, agents and investors have had to adapt, and in the process learn how to convert those online leads into transactions. But to be as effective as possible in doing so, there are certain steps that must be taken. If you're a real estate agent or investor who is eager to learn how to convert these online referral leads into profitable deals, here are some tips to keep in mind.
As new construction continues to increase along with interest rates, the market is moving to equilibrium which is a place where home sellers don't decide all.
Learn the three step process in converting online real estate leads into transactions. In addition to the process we are providing the best email templates and phone scripts.