Real estate designations

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Real estate designations

  1. 1. Real Estate Designations<br />Sales Meeting<br />May 25, 2011<br />
  2. 2. VIDEO<br />Home Sales Ease, But Stay on 5 Million Pace<br />In April 2011<br />Existing Home Sales<br />May 19, 2011<br />Economic Update with Lawrence Yun of the National Association of Realtors<br />
  3. 3. Current Housing News<br />New Home Sales Up<br />Recent Natural Disasters will have positive impact on housing market<br />Proposal to Raise FHA Loan Down Payment<br />Currently 3.5%<br />Proposed raise to 5%<br />Foreclosure Crisis Update<br />Number of new foreclosures and recent borrowers falling behind on their payments by three months or longer is shrinking (Nationally)<br />Nebraska: 1 in every 2,890 housing units received a foreclosure filing in April 2011<br />Douglas County: 1 in every 1,303<br />
  4. 4. Current Commercial News<br />Job Creation will be biggest factor of demand<br />1.5-2 Million jobs should be added by end of 2012<br />Problems: NAR commercial lending survey shows<br /> 65% of REALTORS® report lending conditions have tightened thus far in 2011<br />6 out of 10 failed to complete a transaction this year due to financing problems<br />Markets Stabilizing, Demand Growing<br />
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  8. 8. Questions // Comments<br />

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