When the seller says, 'Please, take my mortgage!' | Study: Home staging can sway budget-conscious buyers | How agents, appraisers can create a winning team
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There's a misconception that the two sides shouldn't communicate to avoid potential ethical or legal problems. Two appraisers explain why that's not true. Listen to Drive With NAR.
Sales leaders can teach their teams to mentally address any productivity issues through such tactics as mindfulness and viewing large projects as its smaller parts, writes former psychotherapist Cherie Singer, now a strategic solutions ambassador at Heinz Marketing. Singer also offers an example of cognitive reframing to turn a negative thought into a positive one.
Renee Lavecchia, managing director of VMLY&R Miami, is among ad executives who talk about why marketers should be doing more to engage valuable Hispanic audiences and offer best practice tips. "The brands that embrace it are the ones that will stay relevant," Lavecchia says, noting, "[W]hat really matters is getting this audience's values right and speaking to their mindset where they are."
Miami, Tampa and Orlando are a few of the cities seeing the highest net inflow of house hunters, according to a report from real estate brokerage Redfin, with the majority coming from New York. However, Redfin notes that the overall number of potential buyers looking to relocate was down 3.6% in February compared to a year ago.
Aurora, Colo., North Las Vegas, Nev., and Gilbert, Ariz., are among cities seeing the biggest influx of houses on the market. Mesa, Ariz., and Spokane, Wash., have also seen the number of houses for sale spike amid a national slowdown in homebuying activity.
Older Americans are finding themselves "trapped in the gap," unable to qualify for federal subsidized housing but without enough income to pay market rates. "There are very few options devoted to middle-income senior housing," said Jennifer Molinsky, who is project director of Housing an Aging Society Program at the Joint Center of Housing Studies at Harvard.
Newmark Group has been enlisted by the Federal Deposit Insurance Corp. to sell loans held by Signature Bank that total about $60 billion, according to sources. The sale of these loans—which include many apartment loans and some office loans—could help establish new pricing levels for other regional banks holding commercial real estate debt.
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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