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Home sale prices at all-time high
Days on market for median of 21 days
Average sale-to-list price ratio at all-time high
Can’t Blame Pandemic for Historically Low Inventory and Skyrocketing Home Prices
There has been an ongoing debate in the housing industry about whether or not fear of COVID infection has been keeping current homeowners from selling their homes.
Daryl...
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City of London Corporation announced 5-year plan to create at least 1,500 homes from empty office spaces
The City looking to attract more residents and tourists via more housing, event planning and cultural activities
What is “The City of London?”
The City of London, also known as The City or The Square Mile, is the hub of Britain’s financial and legal...
Principle of Success 4: Going the Extra Mile
Going the extra mile is rendering more and better service than you are paid for, with a positive mental attitude.
*It's my pleasure attitude.
*Underpromise and over deliver.
*Provide overwhelming value.
Principle of Success 5: Embodying A Pleasing Personality
Our personality is the sum total of our mental, spiritual and physical traits and habits. An attractive personality...
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For second consecutive month, sales of existing homes dropped
In March, existing home sales fell -3.7
Existing Home Sales Dropped –3.7% in March
For the second consecutive month, existing home sales were a disappointment, according to the National Association of REALTORS® (NAR). Existing home sales dropped -3.7% m/m but on a year-over-year basis, they were up +12.3%.
Median Sale Price...
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WalletHub survey ranks best and worst states for remote working
Separate categories of work and living environments considered
Changing Attitudes Around Remote Work
Pre-pandemic, according to a Pew Research Center survey, just 20% of workers with jobs that could be done remotely did, in reality, do just that…work from home.
Today, 71% of workers with remote-possible jobs are working from home. Many of...
Principle of Success 1: Developing Definiteness of Purpose
The lack of a major purpose, plan or goal causes people to fail and get lost in their life journey. Definiteness of purpose constitutes the starting point of all worthy achievement.
*Understand your financial requirements. What's it take to pay for your current lifestyle? Versus the lifestyle of your dreams? Use the 3...
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Apple announces increased spending in US by +20% or $80B over next 5 years
Apple building new office in North Carolina
Apple May Be Coming to or Expanding in Your City/State
Apple just announced that the company is increasing its spending in the US by +20% or $80B over the next five years.
North Carolina is set to have an Apple investment of more than...
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Hamptons market continues booming
Supply now keeping up with demand
Hamptons Real Estate Market Continues to Soar
The latest Douglas Elliman quarterly report on the Hamptons housing market reflects a “…massive year-over-year surge…” for Q1 2021, according to Jonathan Miller, president and CEO of appraiser Miller Samuel and author of this report.
Miller said, “All segments of the (Hamptons) market are...
Key Highlights
New FHFA refinance product for low-income borrowers
Lenders must ensure minimum savings of $50/month to borrowers plus lowered interest rate of at least 50 basis points
FHFA Releases New RefiNow Option
Thousands and thousands of wealthier borrowers benefitted from refinances last year…now it’s time for low-income borrowers to do the same.
The Federal Housing Finance Agency (FHFA) just announced RefiNow, a new...
Video credit: Credit Suite