February Market Trends Report

287 views
215 views

Published on

Published in: Real Estate
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
287
On SlideShare
0
From Embeds
0
Number of Embeds
5
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • http://www.housingwire.com/articles/26818-move-up-buying-activity-rises-with-home-equity-gains
  • http://execed-news.wharton.upenn.edu/wharton-at-work/1401/top-trends-for-2014-1401.cfm?roie=1215&slx=wwork
  • http://www.freddiemac.com/pmms
  • http://fanniemae.com/resources/file/research/emma/pdf/Housing_Forecast_011314.pdf
    http://www.freddiemac.com/finance/docs/Jan_2014_public_outlook.pdf
    http://www.mortgagebankers.org/files/Bulletin/InternalResource/86783_.pdf
    http://www.realtor.org/sites/default/files/reports/2013/embargoes/phs-12-30-illtratatb/forecast-1-2014-us-economic-outlook-12-30-2013.pdf
  • http://execed-news.wharton.upenn.edu/wharton-at-work/1401/top-trends-for-2014-1401.cfm?roie=1215&slx=wwork
  • http://www.realtor.org/sites/default/files/reports/2014/embargoes/ehs-01-23-glltlotp/ehs-12-2013-overview-2014-01-23.pdf
    http://www.freddiemac.com/pmms/pmms_archives.html
  • http://www.realtor.org/sites/default/files/reports/2014/embargoes/ehs-01-23-glltlotp/ehs-12-2013-overview-2014-01-23.pdf
    http://www.freddiemac.com/pmms/pmms_archives.html
  • www.realtor.org
  • http://economistsoutlook.blogs.realtor.org/2014/01/16/depleting-shadow-inventory/#more-14615
  • http://www.realtor.org/
  • http://www.realtor.org/topics/existing-home-sales/data
  • http://info.trulia.com/2014-housing-predictions
  • http://blogs.wsj.com/economics/2014/01/28/a-look-at-case-shiller-by-metro-area-28/?source=Patrick.net&mod=WSJ_hpp_sections_realestate
  • https://www.lendingtree.com/blog/lendingtree-survey-71-percent-of-homeowners-considering-sale-in-2014/
  • https://www.lendingtree.com/blog/lendingtree-survey-71-percent-of-homeowners-considering-sale-in-2014/
  • http://1.bp.blogspot.com/-IyujYrP4Yv4/UuqZBchdsyI/AAAAAAAABA8/Yts60TGoi-k/s1600/013014_masnick_figure3.png
  • http://www.realestateconsulting.com/blog/chris-porter/subprime-generation
  • http://www.housingwire.com/articles/28687-turning-20-somethings-into-home-buyers
  • www.realtor.org
  • http://www.realtor.org/
  • http://www.spindices.com/index-family/real-estate/sp-case-shiller
  • http://www.spindices.com/index-family/real-estate/sp-case-shiller
    http://money.msn.com/
  • http://www.spindices.com/index-family/real-estate/sp-case-shiller
  • http://www.realtor.org/
  • http://www.realtor.org/
  • http://www.housingwire.com/articles/26818-move-up-buying-activity-rises-with-home-equity-gains
  • February Market Trends Report

    1. 1. The Pre-Listing Package that seals the deal before you get there
    2. 2. The 2 Major Mistakes 1. Bragging about Themselves 2. Bragging about Their Company
    3. 3. 2014 will be the year that real estate marketing shifts to effectively and consistently answering the one question every real estate pro gets asked: How’s the market? Nobu Hata NAR’s Director of Digital Engagement
    4. 4. KCM Divided into Three Sections
    5. 5. ta·per ˈtāpər/ Verb – to diminish or reduce
    6. 6. This decision from the Fed is a trigger to get out there and look for a home while rates are low, as the Fed is still giving buyers the opportunity to borrow money at a discount. Michael Deery President, Citywide Financial Corp
    7. 7. 2013 - 2014 30 Year Fixed Mortgage Rates Federal Reserve 1/2014
    8. 8. Mortgage Rate Projections Analyst Projected Rate 1Q 2015 Fannie Mae 5.1% 5.4% 5.3% 5.1% National Assoc of Realtors Freddie Mac Mortgage Bankers Assoc
    9. 9. There is competitive advantage in knowledge, but very few decision makers know how to harness it… You have to be strategic about it. Martin Ihrig Professor of Management, The Wharton School of Business
    10. 10. Date Average Interest Price Rate P&I December 2012 $230,600 3.35% $1,016.29 December 2013 $246,800 4.46% $1,244.64 Difference in Monthly Payment $228.35 Monthly Annually Over 30 Years $228.35 $2,740.20 $82,206
    11. 11. Date Average Interest Price Rate P&I January 2014 $246,800 4.31% $1,222.79 January 2015 $256,672 5.3% $1,425.31 Difference in Monthly Payment $202.52 Monthly Annually Over 30 Years $202.52 $2,430.24 $72,907.20
    12. 12. Year-over-Year Inventory Levels 10% 5% 5% 1.8% Aug Sept -6.2% 1.8% Oct 0.9% 1.6% 0.9% 0% -5% -5% -7.6% -6.2% -10% -14% -15% -13% -16.8% -20.8% -20% -24% -25% Jan Feb March April May June % -24% -20.8% -16.8% -14% -13% -7.6% July -5% Nov 5.0% Dec 1.6% NAR 12/2013
    13. 13. % Reduction in Serious Delinquencies from peak to now NAR 12/2013
    14. 14. Months Inventory of Homes for Sale 5-6 Months = Normal Market Inventory NAR 1/2014
    15. 15. 2013 Available Inventory in millions 2.24 2.15 1.90 2.15 2.16 Apr May Jun 1.93 1.77 Jan Feb Mar Jul
    16. 16. Move-Up SELLER
    17. 17. We are anticipating a meaningful increase in the supply of homes for sale. The survey evidence suggests that rising prices are motivating more owners to list their homes. Paul Diggle Capital Economics
    18. 18. 69 % Consumer Views on Housing & Economy have a positive outlook on housing this year Lending Tree Survey 2014 63 % have a positive outlook on the economy this year % 71 said they are considering selling their home in 2014
    19. 19. FOR SALE 71% All Sellers Percentage of Homeowners Considering Selling in 2014 by age group 78% Sellers Ages 30-39 90% Sellers Under 30 Lending Tree Survey 2014
    20. 20. 10000 8000 Average Annual Number of Recent Housing Occupants by Age 2010-2020 s 0 , 1 n i 6000 4000 2000 0 25-34 35-44 45-54 55-64 65-74 75-84 AGE Joint Center for Housing Studies, Harvard University
    21. 21. Homeownership Percentage Rate 40.5% for 25-29 year olds by average year they turned 25 38.8% 34.3% 2000 2005 2010 John Burns Real Estate Consulting 1/2014
    22. 22. Gen Y'ers were Y-bother? But they will start forming families and become Ynot’ers. Alex Villacorta VP of research Clear Capital
    23. 23. Existing Home Sales NAR 1/2014
    24. 24. Pending Home Sales 100 = Historically Healthy Level NAR 1/2014
    25. 25. Year-over-Year Change in Prices S&P Case Shiller 1/2014
    26. 26. RETURN ON INVESTMENT January 2000 – January 2014 MSN Money.com, Case Shiller
    27. 27. S&P Case-Shiller Home Price Indices S&P Case Shiller 1/2014
    28. 28. Months Inventory of Homes for Sale 5-6 Months = Normal Market Inventory NAR 1/2014
    29. 29. Percentage of Distressed Property Sales 35% 35% 30% 25% 20% 15% 14% 10% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec NAR 1/2014
    30. 30. 10-10-20
    31. 31. SO LD
    32. 32. Frivolous content will sink in 2014 as the “ gems of true insight continue to rise. Marc Davison 1000Watt Consulting
    33. 33. BRANDING STOP with the Cherry Pie Recipes
    34. 34. Denise Madan RE/MAX Advance Realty South Miami, FL 786.344.8004 Denise@DeniseMadan.com www.MakeMiamiHome.com
    35. 35. Resources Slide Slide Title 5 Michael Deery Quote 6 2013 – 2014 30 Year Fixed Mortgage Rates Link http://execed-news.wharton.upenn.edu/wharton-at-work/1401/top-trends-for-2014-1401.cfm?ro http://www.freddiemac.com/pmms http://fanniemae.com/resources/file/research/emma/pdf/Housing_Forecast_011314.pdf http://www.freddiemac.com/finance/docs/Jan_2014_public_outlook.pdf http://www.mortgagebankers.org/files/Bulletin/InternalResource/86783_.pdf http://www.realtor.org/sites/default/files/reports/2013/embargoes/phs-12-30-illtratatb/forecast-1 7 Mortgage Rate Projections 8 Martin Ihrig Quote 9,10 Difference in Monthly Payment 11 Year-Over-Year Inventory Levels 12 % Reduction in Serious Delinquencies 13 Months Inventory of Homes for Sale http://www.realtor.org 14 2013 Available Inventory http://www.realtor.org/topics/existing-home-sales/data 22 Move-Up Seller http://info.trulia.com/2014-housing-predictions http://execed-news.wharton.upenn.edu/wharton-at-work/1401/top-trends-for-2014-1401.cfm?ro http://www.realtor.org/sites/default/files/reports/2014/embargoes/ehs-01-23-glltlotp/ehs-12-201 http://www.freddiemac.com/pmms/pmms_archives.html http://www.realtor.org http://economistsoutlook.blogs.realtor.org/2014/01/16/depleting-shadow-inventory/#more-1461
    36. 36. Resources Slide Slide Title Link 16 Paul Diggle Quote 17,18 Consumer Views on Housing Economy, Percentage of Homeowners Considering Selling in 2014 https://www.lendingtree.com/blog/lendingtree-survey-71-percent-of-homeownersconsidering-sale-in-2014/ 20 Average Annual Number of Recent Housing Occupants by Age http://1.bp.blogspot.com/-IyujYrP4Yv4/UuqZBchdsyI/AAAAAAAABA8/Yts60TGoik/s1600/013014_masnick_figure3.png 21 Homeownership Percentage Rate http://www.realestateconsulting.com/blog/chris-porter/subprime-generation 22 Alex Villacorta Quote http://www.housingwire.com/articles/28687-turning-20-somethings-into-home-buyers 24, 25 Existing Home Sales, Pending Home Sales www.realtor.org 26 Year-Over-Year Change in Prices http://www.spindices.com/index-family/real-estate/sp-case-shiller 27 Return on Investment http://www.spindices.com/index-family/real-estate/sp-case-shiller http://money.msn.com 28 S&P Case-Shiller Home Price Indices http://www.spindices.com/index-family/real-estate/sp-case-shiller 19 Months Inventory of Homes for Sale, Percentage of Distressed Property Sales www.realtor.org 34 Marc Davison Quote http://www.housingwire.com/articles/26818-move-up-buying-activity-rises-with-homeequity-gains http://blogs.wsj.com/economics/2014/01/28/a-look-at-case-shiller-by-metro-area-28/?source=P

    ×