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A Consumer Advocate Approach to Real Estate & Mortgages: Courses 1 & 2.
Accredited Buyer’s Representative.
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Time Management: Skills for Sales Success: Part Two.

Business Outlook Archive


Cost of Constructing a Single-family Home in 2013

NAHB recently published the latest construction cost survey, showing that the average home was built on 14,359 square feet of land, had 2,607 square feet of finished area, and sold for $399,532. ...


Why 2013 Might Be Housing’s Best Year Ever

After nearly a decade of disaster that reached levels of despair not seen since the Great Depression, 2013 was more than a turnaround year. Within its short life, it changed housing from a liability to an asset so favorable that it had ...


Fixed Mortgage Rates Start the Year Higher

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates continuing to edge higher as we enter the new year. ...


Pending Home Sales Edge Up in November

Pending home sales stabilized in November with a slight gain, according to the National Association of REALTORS®. Monthly increases in the South and West offset declines in the Northeast and Midwest. ...


12 Steps for Growing Your Real Estate Brokerage

Like most businesses in the real estate industry, brokerages must grow at a rate in sync with or even ahead of the communities they serve in order to prosper and profit. ...


New-Home Sales Post Solid Numbers in November

Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 464,000 units in November from an upwardly revised strong pace of 474,000 units in the previous month, according to data released recently by the U.S. Department ...


New-Home Production Tops 1 Million in November

Led by a solid increase in both single-family and multifamily starts, nationwide housing production rose 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released by the U.S. Department of Housing and Urban Development and ...


Developers Finding New Uses for Old Parking Garages

(MCT)—The parking garage could well be the ugly duckling of architecture. ...


New England Sales Up 30 Percent

Regional Spotlight—The recently released RE/MAX of New England November Monthly Housing Report shows pending home sales are up on average 30.2 percent over November 2012. Inventory in every state except New Hampshire and Vermont shows a decrease year-over-year. Overall home sales show decreases month-over-month, an expected trend for this time ...


Regional Spotlight: Home Prices Rise in Ohio, Illinois

Regional Spotlight—Both Ohio and Illinois are seeing price gains in the marketplace, according to the Ohio Association of REALTORS® and the Illinois Association of REALTORS®. ...


U.S. Homes Gain $1.9 Trillion in Value in 2013; Largest Gain Since 2005

Homes nationwide are expected to gain almost $1.9 trillion in cumulative value in 2013, the second consecutive annual gain and the largest since 2005, according to an analysis of Zillow® Real Estate Market Reports. ...


Plan Would Reduce Fannie, Freddie Loan Limits to $400,000 in Most Markets

(MCT)—The Federal Housing Finance Agency (FHFA) on Monday detailed a plan to reduce the size of home mortgages that Fannie Mae and Freddie Mac could purchase. ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 5.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 13, 2013. ...


Builder Confidence Rises Four Points in December

Builder confidence in the market for newly built, single-family homes improved four points to a 58 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December, released recently. This gain reflected improvement in all three index components ...


Published FHA Loan Limits Show Large Declines for 2014

Loan limits for mortgages backed by the Federal Housing Administration (FHA) were scheduled to fall in 2014 due to the expiration of increased limits set during the housing crisis. However, the magnitude of change for the published limits has caught many by surprise. ...