US New Home Construction, Prices and Sales It’s not a reach to say that buying a new home is tops on many American’s wish list. Although demand for new homes is intense, a lack of supply is dampening those dreams of home ownership. New US home sales rose 4% across the country in October and…
Winning Real Estate Marketing Strategy Organic real estate marketing and lead generation are the core or foundation of your sales success. While local advertising and word of mouth help your efforts, they’re not going to establish you as the top Realtor in your region. Admittedly, it takes confidence and the help of a good digital…
Florida Housing Supply Dries Up The Florida housing market remains one of the hottest housing markets in 2022 despite a continually diminished listings of Florida homes for sale. The lack of housing construction is a topic I’ve been writing about for years. It’s due to government policies (NIMBY) resistance to new housing development and it’s…
Real Estate Vs Stock Investing With the stock market so hot of late reaching yet new highs in valuations, are you considering divesting and buying something else with your recent fortune? Or will you stick with the stock market forecast and buy Tesla, Bitcoin, or some Faang stocks and do something risky? If the…
US Home Prices Wondering about where home prices are headed? Is now the time to buy, and is selling now wise too? How high could US housing prices reach? Below we see the price forces and stats from real estate data sources such as NAR, NAHB, FRED, Redfin, Corelogic, Statista, Trading Economics and Reuters. The…
San Diego Home Prices Keep Climbing Pandemic or not, San Diego real estate is a much desired thing. House prices in the city of San Diego June rose to an average of $1,080,000 while it was $1,114,122 within San Diego County (up 29% from 12 months ago). The median home price countywide in June was…
Power Up Your Real Estate Marketing You might be thinking “what is scaled up real estate marketing? I’m just doing the run of the mill stuff and crossing my fingers.” Happily, you can let go of the traditional approach and ramp up your efforts to perhaps, dare I say, become the market leader? That’s where…
Fighting for Lower Prices and More Housing? Those looking for homes for sale are shocked and perplexed at the list prices. Some actually ask why home prices are so high. They’re smart, because few are explaining it transparently. Instead, the answer is confused with symptoms of high home prices. Home prices are set for yet…
Real Estate Agents Succeeding This Summer There’s no shortage of challenges this summer for Realtors. Yet there’s no shortage of opportunities to succeed and scale up your real estate sales business either. Mind over matter. Right off the bat, the challenge is about your mindset – that you won’t grow sales or become the market…
US Cities with the Lowest House Prices You might say there is still an affordable housing migration going on. People are moving to find cheaper housing in their city or in other cities across the US. As international travel opens up, we may even find more people selling their home and moving internationally. With respect…
How to Sell Your Home for the Best Price Chances are if you’re looking at the housing market stats or the MLS listings, it’s because you want to get the best price, perhaps better than the comparables in your neighborhood. You ask “How do I get the best prices for my home?” The answer is real estate…
Buyer and Seller Real Estate Leads Acquiring leads and especially seller leads has been especially difficult for a couple of years now. Homeowners haven’t been eager to sell for a variety of reasons. Given how competitive the online medium is, it’s important for Realtors to commit to a thorough real estate marketing service package. And…
Find Houses for Sale If you’re used to hunting through the MLS listings, you know the pickings are slim. To find a house in 2021, you have to broaden and refine your home search strategy. You may not be successful until 2022, You may not be successful until 2022, however the point is that the…
AI Real Estate Agent Solutions For many years, the media have told us that all of our jobs are jeopardy from software, automation and AI. The great news is that they’re wrong. The future of marketing involves Artificial intelligence platforms. The fact is, artificial intelligence tools are being used by real estate agents to improve…
Chicago Housing Market Update Buyer demand combined with lower construction output are helping to raise prices in the Chicago real estate market. Prices rose steeply in March 2021, as did the number of home sales. Similar to most housing markets across the country, housing supply and big demand from millennials wanting to buy at low…
Miami Real Estate Forecast The US housing market outlook for 2020 is improving and the Florida housing market is hot too. The pandemic may have created empty condos in its high density core, but with the vaccinations in full swing and a reopening Miami Dade County, buyers from many places are eagerly searching for Miami…
New York Real Estate Market January’s sales and price numbers for the state of New York were impressive given what NYC has been through the last 12 months. Tens of thousands of New Yorkers have exited the state citing high taxes and high prices and limited quality housing supply as too much to bear. They’ve…
Spring Housing Market Preview Homebuyers are keen to visualize the housing market and home prices by April and over the next 6 to 8 months. Buyers realize the tight supply combined with economic recovery could price them out by April. As the Covid 19 pandemic declines, a new US government takes the economic driver’s seat,…
Compass Real Estate AI Features Compass Realty has made quite a splash in the US real estate market. This brokerage aims to be one of the biggest in the nation and to bring the power of technology to their real estate team. And with their recent influx of $470 million in recent venture funding, they’re…
Selling Fast May Mean a Lower Price As I mentioned in another post on selling for a higher price, and sell house fast, speed isn’t a factor on a listing. In fact, the faster you sell the more likely the market hasn’t discovered your property. In fact, getting rid of your precious real estate asset…
Real Estate Forecast for Tampa/Sarasota/St Petes The Florida real estate market is hot. The Sunshine State is geographically immense and there are many desirable places to locate to. Tampa, St Petes, Sarasota offer a lifestyle unique from that of Naples, Jacksonville, Miami, Orlando, Panama City and Fort Lauderdale. Many retirees prefer the more sedate neighborhoods…
Seattle Real Estate Forecast Seattle Washington was rated the hottest city in America for real estate not long ago. Although the greater Northwestern Washington region is selling well, change is in the wind. In-migration (90,000 in 2018), booming tech sector, great jobs, and low availability of properties, drove home and condo prices skyward and made…
Finding Homes For Sale House hunting has changed. It’s self-directed and much better. A severe housing shortage has enabled all of this and it’s good. Realtors and brokerages are becoming redundant. The housing market has changed and a whole new approach of DIY home hunting is where it’s at now. To get you warmed up…
Salt Lake City Utah Real Estate Report There were always plenty of reasons to move to Salt Lake City, Utah. The spaciousness, nature, low cost, safety, recreation and incredible scenery were just a few reasons buyers began to check out houses for sale in Salt Lake. But 2020/2021 is different. The job market is good…
Houses for Sale Colorado Springs Real estate sales for the city of Colorado Springs, CO were strong again in August setting the stage for an even hotter housing market in 2021. Perhaps not surprising for a city that is becoming a desirable location for migrants from everywhere. And with added funding for the military, the…
Homes for Sale in Charlotte North Carolina has become one of the hottest housing markets for many displaced buyers from New York, Boston, New Jersey, Connecticut, Ohio, and even Californians, evading the problems of the big cities. And Charlotte is one of the top ten cities that people are moving to this year. The charm…
Home Prices will Rise this Fall The housing market is the darling child of the economy right now as low mortgage rates combined with changes in employment are driving home sales. Up in Canada (Toronto and Vancouver) July saw record home sales as Realtors are seeing boom times for sales again. And in many regions…
Houses for Sale in San Antonio The City of San Antonio is getting a lot of attention as a preferred destination for digital nomads and families who are escaping an unsafe urban area. The big migration is on and many home buyers are checking out San Antonio, Texas. As an alternative to the bigger cities…
Houses for Sale in Florida The Sunshine state is reeling in its battle with the Corona Virus, but that’s not stopping homebuyers from out of state or out of country from searching for homes for sale in Florida. The latest Florida real estate report reflects strong demand and rising prices for houses. Sales are down…
Houses for Sale in San Jose The Bay Area housing market suffered a big quite a change in 2020. The Techsodus of residents to the suburbs and outward from even Oakland, Richmond, or San Leandro, and up into Napa happened. But as the pandemic begins to recede, we’lll see a return of business, home buyers…
Houses for Sale in Los Angeles Finding great homes for sale right now in Los Angeles is a tough challenge. Active home listings have diminished which means home prices will rise. Read more on the rebounding Los Angeles real estate market and the full California housing market and where it’s headed. This info might help…
Manhattan Real Estate The news right now about the New York real estate market couldn’t be worse. The state is reeling from a plague of bad events that could conceivably topple the state and city governments. The work at home, Corona Virus exodus from Manhattan doesn’t seem to be stopping, and with the fall season…
Predictive Metrics and Intelligence for Realtors I can predict you’ll be selling more real estate in 2020 if you get smart about your marketing. A new real estate marketing and sales strategy might include some new technology that’s giving realtors predictive powers. Who wouldn’t want their own crystal ball? It’s new artificial intelligence software complete with…
Real Estate Lead Generation During Corona Virus Pandemic It’s the summer of the pandemic and you’re wondering how you can improve your lead generation. As I explain in other posts on seller leads and Realtor marketing strategy, you must build a big pipeline. There’s a good reason why real estate sales is a game of…
Okanagan Real Estate 35 years ago I rode my bike across the Rocky Mountains and down into the Okanagan Valley where it was 112 F or 42 C. It was 90 miles of scorching heat but it was the best experience, I loved the character of the region. An experience I won’t forget. I could…
Corona Virus and Real Estate Just as the recent job numbers hit a high, the real estate market is making awakening sounds. The virus and shutdown took a heavy toll on the US economy and all economies. The only country to rebound quick is China. But China’s real estate market might be in trouble as…
Why Are There So Few Toronto Homes for Sale? The shortage of houses for sale is a topic has been discussed well on this housing blog for many years now. Not enough pressure has been put on government to promote housing market health. Instead, political ideologies have suppressed the market and now these shortages were…
Best Canadian Cities and Towns to Buy Property Some eager home buyers in Toronto, Mississauga, Montreal, Calgary and Vancouver are waking from their Corona Virus hibernation to check on the latest home price trends. Something has happened that a lot of buyers and sellers might not be aware of. There’s a migration shift happening. The…
The Future of Real Estate While housing markets in US cities waffle back and forth between market crash and price peaks, homebuyers, property investors and Realtors are wondering how real estate will look 5 to 10 years from now. It’s a certainty that new real estate technology (Fintech and Proptech) will shape the path ahead for the real…
Houses for Sale in San Diego Amazing San Diego is ready to welcome you. Get started finding homes for sale anywhere in San Diego including the North County. The number of listings is rising slowly, and the SD real estate forecast is still good, but you must remember that detached houses are at a premium…