Category: Market ahas

Gary Keller’s Real Estate Market Update

Gary Keller and Jay Papasan kicked off Mega Agent Camp with an update on the US and Canadian housing markets. Keller reminded the audience that agents are the local economist for their clients. It is imperative that when talking to

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Market Aha Q2 2015- Mortgage Rates: Opportunity Knocks

According to Freddie Mac, the national average for a 30-year fixed rate mortgage rose from 3.98 percent to 4.05 percent in July. Although there was a slight increase, rates remain at historic lows.  While there is no crystal ball to

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Market Aha Q2 2015- Home Sales: Get Ready For Millennial Buyers

  The second quarter of 2015 saw a healthy increase in home sales with the of the strongest months since the recovery. Home sales in May hit their strongest pace since November 2009;  this trend also continued in June 2015,

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Hold the Umbrellas! A Look at GDP

Gross domestic product (GDP) is important to understand because it has a big impact on practically everything in the economy. When the economy is healthy (represented by GDP between 4-6 percent), for example, we normally see lower unemployment rates as

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Buy a House or Rent? It Depends Where You Are

Is now a good time to buy or rent a house? While it depends on your market, overall, the financial rewards of investing in real estate outweigh renting. Here’s a look at why more people are deciding to buy vs. rent in

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A Look Beyond the Hammer: Housing Starts for Q1 2015

Your clients always want to know, “Is now a good time to buy or sell?” To uncover the answer, one of the first places experts look is at the amount of new construction and building permit applications. Many experts view

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Mortgage Rates Remain at Historic Lows

According to Freddie Mac, the national average for a 30-year fixed rate mortgage was up just slightly to 3.78 percent in March 2015 from the previous month. Rates remain at historically low levels. Mortgage rates are more than just the

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Has the U.S. Economy Hit a Speed Bump?

When economists evaluate the state of the economy, one of the most highly anticipated factors is employment. Are jobs being created? The answer is found in the U.S. Bureau of Labor Statistics monthly Jobs Report. At the end of the

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Housing Market Opening More Doors in 2015

With interest rates still at historic lows and lending standards relaxing in 2015, many clients may be coming to you eager to buy or trade-up in 2015. And they should be! As your client’s market expert of choice, print the

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Up Up and Away – Will Wages and Oil Prices Rise in 2015?

Unemployment rates are important to the housing industry because without income people can’t afford to buy a house. Fortunately, 2014 ended strong as the unemployment rate dropped by 1.1 points and the total number of unemployed people was reduced by

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