Home Price Appreciation Continues Higher

Home Price Appreciation Continues Higher

A report from CoreLogic shows home price appreciation continues higher. According to the report, home prices rose 0.9% in May 2023, and now home prices are up 1.4% year over year nationally. CoreLogic expects home prices will continue higher and rise by 4.5% over the...
Management 101: Career Imprinting

Management 101: Career Imprinting

Although it is Management 101, career imprinting is not understood by many of today’s team leaders and managing brokers. When new to the workforce in your chosen field, especially in real estate, you learn new skills, a new language, and your industry early in your...
Cruel Summer in Real Estate

Cruel Summer in Real Estate

In a nod to the 1980s girl band, Bananarama, we are getting ready for a cruel summer in real estate. Halfway through 2023 and we now have seen the effect of higher mortgage rates on the real estate market nationally, regionally and locally. Through the rest of summer,...
Buyer Demand High But Contract Signings Slow Nationally

Buyer Demand High But Contract Signings Slow Nationally

According to recent data from the National Association of REALTORS®, even while pending home sales decreased 2.7% month over month in May, that doesn’t necessarily mean that the housing market is slowing down. Contract signings are down a staggering 22% from a...
Apartment Rents Declining Nationally

Apartment Rents Declining Nationally

The rate of increase in apartment rent is rapidly dropping, favoring tenants for the first time in years. New-lease asking rentals increased by a little under 2% over the 12 months ended in May, according to the average of six national rental-price measurements from...