Provides information about: industry facts, mortgage statistics, distressed property stats, today's buyer, first time buyers, seller trends, consumer confidence report, buyers and the internet, today's real estate professional and why Melissa Day works by referral.
Annie Williams Real Estate Report - Dec 2015Jon Weaver
Housing affordability is one area where California can expect to experience long-term pain. Statewide, the percentage of households that earn enough to purchase a median-priced home rose 34 percent in early 2015 before settling in the low
30s—down from a high of 53 percent in 2011 and 36 percent in 2014. In high-priced coastal cities, percentages have fallen into the teens and lower.
The Aspen Ideas Festival and Time Magazine present a Penn Schoen Berland poll on American attitudes ten years after the 9/11 terrorist attacks. The results of the poll were first released at the 2011 Aspen Ideas Festival June 30, 2011.
2017 Housing Market will be a year of slowing yet moderate growth, set against the back drop of a changing composition of homebuyers and post-election interest rate jump.....Presented to you by Kanoee Reynolds, Associate Broker, Golston Real Estate,
www.kanoee.golstonrealestate.com
Boston Condo Sales & Rental Market Report Year End 2019FRANKLIN KNOTTS
The 2019 Greater Boston real estate market stabilized from what has been a five-year run of price escalation, absorption and diminished supply. However, although the overall sales volume numbers decreased from 4,002 to 3,404 year
over year, Boston not only witnessed the highest absolute prices ever recorded but the highest price per square foot numbers, with Pier 4 and One Dalton leading the charge. This dichotomy between decreased absorption and elevated pricing has required developers to consider an adjustment in their anticipated absorption timelines for performance estimates.
Land in Cayman Islands with Approved Plans for Your Dream Home!Melissa Day
Like most people, you want to invest your money with confidence and with minimum risk. At Smart International Investing, we have joined forces with Oasis Land Development to structure a land deal that not only meets our rigorous standards, including economic indicators and cash flow, but also offers an attractive anticipated appreciation. What's even better, with complete Cayman Island government backing to foreign land ownership and zero taxation, it's no wonder that property developers, private investors and first time speculators are turning their attention to this incredible opportunity. Why not own a piece of paradise that you can enjoy and also provides all of these benefits?
Annie Williams Real Estate Report - Dec 2015Jon Weaver
Housing affordability is one area where California can expect to experience long-term pain. Statewide, the percentage of households that earn enough to purchase a median-priced home rose 34 percent in early 2015 before settling in the low
30s—down from a high of 53 percent in 2011 and 36 percent in 2014. In high-priced coastal cities, percentages have fallen into the teens and lower.
The Aspen Ideas Festival and Time Magazine present a Penn Schoen Berland poll on American attitudes ten years after the 9/11 terrorist attacks. The results of the poll were first released at the 2011 Aspen Ideas Festival June 30, 2011.
2017 Housing Market will be a year of slowing yet moderate growth, set against the back drop of a changing composition of homebuyers and post-election interest rate jump.....Presented to you by Kanoee Reynolds, Associate Broker, Golston Real Estate,
www.kanoee.golstonrealestate.com
Boston Condo Sales & Rental Market Report Year End 2019FRANKLIN KNOTTS
The 2019 Greater Boston real estate market stabilized from what has been a five-year run of price escalation, absorption and diminished supply. However, although the overall sales volume numbers decreased from 4,002 to 3,404 year
over year, Boston not only witnessed the highest absolute prices ever recorded but the highest price per square foot numbers, with Pier 4 and One Dalton leading the charge. This dichotomy between decreased absorption and elevated pricing has required developers to consider an adjustment in their anticipated absorption timelines for performance estimates.
Land in Cayman Islands with Approved Plans for Your Dream Home!Melissa Day
Like most people, you want to invest your money with confidence and with minimum risk. At Smart International Investing, we have joined forces with Oasis Land Development to structure a land deal that not only meets our rigorous standards, including economic indicators and cash flow, but also offers an attractive anticipated appreciation. What's even better, with complete Cayman Island government backing to foreign land ownership and zero taxation, it's no wonder that property developers, private investors and first time speculators are turning their attention to this incredible opportunity. Why not own a piece of paradise that you can enjoy and also provides all of these benefits?
An awesome info-graphic for all those considering contemplating homeownership in 2015. Helped clarify my thinking a ton. Hope ya'll enjoy.
Original infographic credit goes to Pearl Insurance: http://pearlinsurance.com/Blog/Real-Estate/post/the-good-the-bad-the-wobbly
Canada Mortgage and Housing Corporation (CMHC) released today its annual Mortgage Consumer Survey (MCS). The largest survey of its kind, the MCS has been conducted since 1999 and provides insight into the behaviours, attitudes and expectations of Canadians when they acquire, renew or refinance a mortgage.
In April 2018, CMHC completed an online survey of 4,000 recent mortgage consumers, all prime household decision makers who had undertaken a mortgage transaction in the past 12 months. Sixty-eight percent had renewed their mortgage, 15% had refinanced their mortgage, and 16% had purchased a home with mortgage financing (9% first-me buyers and 7% repeat buyers). Total results were weighted to reflect the actual proportion of households in each region.
5 Reasons To Sell Your Home This WinterGina Madeya
When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles.
Here are five reasons listing your home for sale this winter makes sense.
If you are a homeowner looking to take advantage of your home equity by moving up to your dream home, let’s get together to discuss your options! 1-425-495-0926
Selling Your Home in 2015 For MD, DC and VA Homeowners Herboso&Associates
The opportunities are there for you
If 2015 is the year you decide to make the big move
This is a must read for you
More information :
http://www.Reallynicehomes.com/selling
Annie Williams Real Estate Report Sept-Oct 2015Jon Weaver
Even with rising home prices over the past few years, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is
compounded by a lack of inventory, according to findings from the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2015 Survey of California Homeowners.” More than one-third (35%) of homeowners have considered selling their home in the past year, and of that share, about two-thirds (64%) are reluctant to sell because they are finding they can’t afford the home they really want, the survey found.
Thinking about selling your Columbus Ohio area home this spring? This guide will answer a lot of questions you may have about when is the best time to sell you home, as well as who would be the best person to do that.
Thinking about selling your home yourself? Read on to see why you may be leaving money on the table by not using an agent.
Park Station, La Mesa Hotel, Senior Living and Residential/RetailMelissa Day
Ground up project with experienced developer team. There are three separate projects: Hotel, Senior Housing and Residential with a Retail component. Seeking JV Equity partners!! Please contact us for more information.
Land Plots in Joao Pessoa - High Demand from Local Brazilians!Melissa Day
Joao Pessoa is situated in a beautiful picturesque part of the North East region of Brazil. This area is situated between the host cities for the next Olympics and was chosen because of its safety, beauty, growth and accessibility. Investors have an opportunity to invest in the land plots available and then can build to resell to the local Brazilian population, which now has access to financing, which was not available in the past. There is a pent up demand, so it is the time for investors to seize this opportunity to earn an attractive ROI, while also making nice, affordable housing available to the people of Brazil.
More Related Content
Similar to 2015 1st Quarter Stats - Brian Buffini Real Estate Report
An awesome info-graphic for all those considering contemplating homeownership in 2015. Helped clarify my thinking a ton. Hope ya'll enjoy.
Original infographic credit goes to Pearl Insurance: http://pearlinsurance.com/Blog/Real-Estate/post/the-good-the-bad-the-wobbly
Canada Mortgage and Housing Corporation (CMHC) released today its annual Mortgage Consumer Survey (MCS). The largest survey of its kind, the MCS has been conducted since 1999 and provides insight into the behaviours, attitudes and expectations of Canadians when they acquire, renew or refinance a mortgage.
In April 2018, CMHC completed an online survey of 4,000 recent mortgage consumers, all prime household decision makers who had undertaken a mortgage transaction in the past 12 months. Sixty-eight percent had renewed their mortgage, 15% had refinanced their mortgage, and 16% had purchased a home with mortgage financing (9% first-me buyers and 7% repeat buyers). Total results were weighted to reflect the actual proportion of households in each region.
5 Reasons To Sell Your Home This WinterGina Madeya
When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles.
Here are five reasons listing your home for sale this winter makes sense.
If you are a homeowner looking to take advantage of your home equity by moving up to your dream home, let’s get together to discuss your options! 1-425-495-0926
Selling Your Home in 2015 For MD, DC and VA Homeowners Herboso&Associates
The opportunities are there for you
If 2015 is the year you decide to make the big move
This is a must read for you
More information :
http://www.Reallynicehomes.com/selling
Annie Williams Real Estate Report Sept-Oct 2015Jon Weaver
Even with rising home prices over the past few years, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is
compounded by a lack of inventory, according to findings from the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2015 Survey of California Homeowners.” More than one-third (35%) of homeowners have considered selling their home in the past year, and of that share, about two-thirds (64%) are reluctant to sell because they are finding they can’t afford the home they really want, the survey found.
Thinking about selling your Columbus Ohio area home this spring? This guide will answer a lot of questions you may have about when is the best time to sell you home, as well as who would be the best person to do that.
Thinking about selling your home yourself? Read on to see why you may be leaving money on the table by not using an agent.
Similar to 2015 1st Quarter Stats - Brian Buffini Real Estate Report (20)
Park Station, La Mesa Hotel, Senior Living and Residential/RetailMelissa Day
Ground up project with experienced developer team. There are three separate projects: Hotel, Senior Housing and Residential with a Retail component. Seeking JV Equity partners!! Please contact us for more information.
Land Plots in Joao Pessoa - High Demand from Local Brazilians!Melissa Day
Joao Pessoa is situated in a beautiful picturesque part of the North East region of Brazil. This area is situated between the host cities for the next Olympics and was chosen because of its safety, beauty, growth and accessibility. Investors have an opportunity to invest in the land plots available and then can build to resell to the local Brazilian population, which now has access to financing, which was not available in the past. There is a pent up demand, so it is the time for investors to seize this opportunity to earn an attractive ROI, while also making nice, affordable housing available to the people of Brazil.
This amazing luxury chateau is located in the Lake District of Limoges, France in the unspoiled area of Limousin. This little gem of France is famous for its fishing and fresh produce, not to mention the gorgeous rolling hillsides and beautiful lakes.
Banker's Hill Development in San Diego, CAMelissa Day
This urban development in the coveted San Diego neighborhood of Banker's Hill features 8 Row Homes that each have San Diego Harbor views. These homes will be built using sustainable materials and will offer 50% of the electricity derived from solar. The 2 and 3 bedroom townhomes will be 2 stories over a 2-car garage with 1500-2400 sq ft of living space. Contact me for more detailed information or to arrange a meeting with the Developers!
Arriving here is like falling off of the face of the earth into a pillow of unadulterated style. Wales has 750 miles of unspoiled coastline, 3 National Parks and is rich in heritage and culture. This is your chance to invest in and enjoy an amazing property with a boutique hotel, huge pavilion and private recording studio.
These luxury beachfront suites have a classic and contemporary design. You have an opportunity to capture some of the LAST beach front property in Amergris Caye with this amazing development!
Oceanside EcoVillages - Bringing Back the Front Porch!Melissa Day
Simcoe Green Homes is proud to present its latest EcoVillage project in Oceanside, CA. These EcoVillages feature near net zero homes, community gardens, electric cars with charging stations, etc. We are seeking IMPACT INVESTORS, who would like to make a positive social impact on the world in addition to earning an attractive ROI.
Introducing Beautiful Beach Villas at Vista OcotalMelissa Day
Vista Ocotal, situated in the Guanacaste area of Costa Rica, features beautiful beaches, tropical landscape and a local "Tico" feel. Enjoy the short walk to Coco and Ocotal Beaches and the little town of Coco.
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Avrupa Konutlari Yenimahalle - Listing TurkeyListing Turkey
Welcome to Avrupa Konutları Yenimahalle, where luxury living meets unparalleled convenience in the heart of Istanbul. Developed by Artaş Holding, one of Turkey’s leading construction companies, this prestigious residential project offers a contemporary lifestyle experience like no other.
https://listingturkey.com/property/avrupa-konutlari-yenimahalle/
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...Newman George Leech
Oeiras Tech City, a historic development in the Oeiras municipality of Lisbon, is acquired by RE Capital and REIG. It is located on a 93,000-square-meter plot of land and combines co-living, business, and residential areas. It highlights ESG principles and is close to Tagus Park, which improves the urban landscape of Lisbon.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
2015 1st Quarter Stats - Brian Buffini Real Estate Report
1. BRIAN BUFFINI’S
REAL ESTATE REPORT1ST QUARTER 2015
Provided by Melissa Day
Helping clients stay educated about the current real estate market!
2. Existing home sales in September increased 2.4%
to a seasonally-adjusted annual rate of 5.17 million.
Home sales in 2015 are expected to reach their highest level in two years.
The total housing inventory at the end of September declined
by 1.3%, resulting in 2.3 million exsisting homes available
for sale, which is a monthly supply of 5.3% at the current
sales pace.
Existing home sales are
80% back to normal.
New construction starts
are 49% back to normal,
up from 37% a year ago.
In the next 12 months, 40% of Americans say that the homes in
their neighborhood will be worth more, 37% say they’ll remain the
same, 15% aren’t sure and 8% say they’ll be worth less.
66% of Americans say
they would buy if
they were going to move today.
68% of Americans
say that now is
a good time to buy; 39% say
that it’s a good time to sell.
Northeast:
Existing home sales increased
1.5% in September 2014 to an
annual rate of 680,000.
Midwest:
Existing home sales declined
5.6% in September 2014 to an
annual rate of 1.17 million.
South:
Existing home sales increased
5.0% in September 2014 to an
annual rate of 2.12 million.
West:
Existing home sales increased
7.1% in September 2014 to an
annual rate of 1.20 million.
1. Texas
2. Florida
3. California
4. North Carolina
5. Georgia
6. Colorado
7. Washington
8. Arizona
9. Virginia
10. South Carolina
SOURCES: NATIONAL ASSOCIATION OF REALTORS®, NATIONAL ASSOCIATION OF HOME BUILDERS, TRULIA, BUILDER MAGAZINE, FANNIE MAE
INDUSTRY FACTS
Brian Buffini’s Real Estate Report PAGE 1
MEDIAN DAYS ON THE MARKET:
EXISTING HOME SALES
BY REGION:
56 Days
in September 2014
50 Days
in September 2013
35%of homes sold
in September
were on the market for less
than a month.
The home ownership
rate is 64.3%.
7
3
8
6
1
5
2
10
4
9
Americans are waiting
5 years longer to marry
and are having kids
later. The decline is also
attributed to short-term
economic conditions,
including student loan
debt and poor earning
potential.
TOP 10 STATES FOR NEW HOMES SALES IN 2014
vs.
3. MORTGAGE STATS
Brian Buffini’s Real Estate Report PAGE 2
12%
of buyers thought that saving for a
down payment was difficult.
95%
of first-time buyers
financed their home
purchase, while 84% of repeat
buyers did the same.
Buyers typically financed 90%
of their home purchase.
92% of borrowers chose a
fixed-rate mortgage.
43% Student loans.
38% Credit card debt.
31% Car loans.
26% of buyers say that the
mortgage application
and approval process were somewhat
more difficult than expected.
SOURCES: NATIONAL ASSOCIATION OF REALTORS®, FANNIE MAE, NATIONAL ASSOCIATION OF HOME BUILDERS
45% of Americans say that mortgage rates
will go up in the next 12 months.
45% say that they’ll
stay the same.
5% say that they’ll
decrease.
It’s evenly split: 48% of Americans say
that it would be difficult to get a mortgage
today, while 48% say it would be easy.
44% of Millennials think it will be
difficult to qualify for a mortgage.
88%
of buyers financed
their home purchase,
including 97% of Gen Y.
TYPE OF LOANS BUYERS CHOSE:
61% Conventional
22% FHA
12% VA
AMONG FIRST-TIME BUYERS:
AMONG REPEAT BUYERS:
69% Conventional
15% FHA
13% VA
48% Conventional
35% FHA
9% VA
Top 3 Sources of Down Payments
1. Savings
2. Sale of a primary residence
3. Gift from family/friend
COMMON SAVINGS OBSTACLES:
4. SOURCES: NATIONAL ASSOCIATION OF REALTORS®, BLOOMBERG, TRULIA, NATIONAL ASSOCIATION OF HOME BUILDERS, FANNIE MAE
DISTRESSED PROPERTIES
AVERAGE TIME ON MARKET:
Short sales
116 days
Foreclosed properties
59 days
Non-distressed properties
55 days
Foreclosures sold for an
average discount of
14% below market
value in September 2014.
The housing market is sounder than it has
been in a decade: The number of homes in
foreclosure each quarter is down to
pre-crisis levels of 2005 and 2006.
DISTRESSED PROPERTY
AS PERCENTAGE OF
ALL SALES:
10%September 2014
vs.
14%September 2013
7 out 10 of distressed
sales in September were
foreclosures, while
3 were short sales.
For the 27th
consecutive
month, home
prices increased
year-over-year,
growing 20.7%
over the past
two years.
The existing
home price for
all housing types
in September
was $209,700,
up 5.6% from
September 2013.
The existing condo price was $205,200, up
3.2% from September 2013.
45%of Americans say that home prices will stay the same over the
next 12 months.
42% say they will go up.8%say they will decrease.
The median price of a new home decreased 4% in September 2014 from
August 2014 to $259,000.
Experts predict that existing home
prices will increase 3% in 2015 and
2% in 2016.
Although home prices are
increasing, they’re doing so at
the slowest pace in two years.
Home prices are 75% back to normal, up from 56% a year ago.
PRICE INFORMATION
The existing single-family home price was
$210,300 in September, up 5.9% from
September 2013.
Brian Buffini’s Real Estate Report PAGE 3
5. SOURCE: NATIONAL ASSOCIATION OF REALTORS®, THINK WITH GOOGLE
TODAY’S BUYER
Brian Buffini’s Real Estate Report PAGE 4
GENERATIONAL TRENDS:
31% of buyers
are Gen Y.
30% Gen X.
30% Baby
Boomers.
9% Silent
Generation.
All generations looked online for properties first before
contacting a real estate agent; however, the younger the
buyer, the more likely they were to look online.
Younger buyers are more likely to purchase an older or
previously owned home, while Baby Boomers are more
likely to buy a new home.
97% of buyers
are satisfied
with their recent home
purchase.
Half of buyers begin their formal
home search 6 to 12 months
before buying; 3/4 start a year
ahead.
92% of buyers used the
Internet in some
way during their home search,
with 50% of buyers using a
mobile website or application.
The median household income
of buyers was $84,500.
Among first-time buyers, it
was $68,300.
Among repeat buyers, it
was $95,000.
24% of home buyers
bought due to a desire to
own a home.
9% purchased a home
due to a job-related
relocation.
8% purchased a home
to be in a better area or
due to a change in their
family situation.
Buyers expect to live in
their homes for 12 years.
Younger buyers prefer an agent to communicate via
email and text, whereas older buyers prefer a phone call.
The typical buyer searched for 10 weeks and viewed 10 homes during their search.
26% of Gen Y and 22%
of Gen X buyers
found the home they purchased
through their mobile device.
6. SOURCES: NATIONAL ASSOCIATION OF REALTORS®, ZILLOW
FIRST-TIME HOME BUYER FACTS
Brian Buffini’s Real Estate Report PAGE 5
The median age of first-time buyers in 2013 was 31.
85%of experts predict,
the median age of
first-time home buyers
will rise to 32 or older
in the next decade.
76%of Gen Y are
first-time
home buyers.
41%Northeast
36%Midwest
29%of buyers in September
2014 were first-time
buyers. First-time buyers have made up
less than 30% of all buyers in 17 of the
past 18 months.
54% of first-time buyers were married.
18% were single females.
11%were single males.
15%were unmarried couples.
75%rented an apartment or house
before buying a home.
19% lived with parents,
relatives or friends.
FIRST-TIME HOME BUYERS (BY REGION):
30%South
32%West
7. SOURCES: NATIONAL ASSOCIATION OF REALTORS®
SELLER STATS TRENDS
Brian Buffini’s Real Estate Report PAGE 6
Younger sellers are more likely to sell
to upgrade to a larger home or for a
job relocation. Older sellers want to
downsize in retirement or to be closer
to friends and family.
SELLERS UPGRADED:
13% of sellers wanted to sell their homes earlier but waited because
their homes were worth less than the mortgage. This was most
common among 17% of Gen Y and 19% of Gen X sellers.
40% of sellers bought a home
larger than their current one.
purchased a more
expensive home.
47%
53% purchased a
newer home.
Sellers lived in their
homes for 10 years.
This is up from 6 years
in 2007.
36% of sellers offered
incentives to attract
buyers, including home warranty
policies and closing costs.
45% of sellers
reduced
the initial asking price
at least once.
Gen Xcomprised the largest
share–29%–of home sellers, followed
by older Baby Boomers (22%) and
younger Baby Boomers (21%).
Sellers sold their
homes for an
average of 97%
of the listing price.
8. SOURCES: BUILDER MAGAZINE, NATIONAL ASSOCIATION OF REALTORS®, NATIONAL ASSOCIATION OF HOME BUILDERS, U.S. CENSUS BUREAU, WALL STREET JOURNAL, FANNIE MAE
CONSUMER CONFIDENCE
Brian Buffini’s Real Estate Report PAGE 7
51% of Americans plan to
buy a home within
the next 5 years, including 61% of
Millennials, 28% of Gen X and 10%
of Baby Boomers.
REASONS FOR MOVING:
53% of buyers undertook a home
improvement project within
3 months of buying, spending an average of
$4,550 on improvement projects. The kitchen
was the most common space to improve.
11.7%of people moved between 2012 and 2013:
48% moved for housing-related reasons
(foreclosure, wanted to move to a better
neighborhood, wanted to buy a home,
wanted a better home, etc.).
30.3% moved for family-related reasons
(change in marital status, establish own
household, etc.).
19.4% moved for employment-related
reasons (retired, looking for work, to be
closer to work, new job/transfer).
2.3% moved for other reasons (natural
disaster, change of climate, health, attend
or leave college, etc.).
73% of Millennials say that homeownership
is an excellent investment.
REASONS RENTERS DON’T BUY:
56%
Insufficient savings or too
much debt.
53%
Don’t earn enough.
41%
Credit isn’t good enough.
75% of Millennials say that
homeownership is an important
long-term goal.
ARE RENTAL PRICES GOING UP?
55%
of Americans say that home rental prices
will increase in the next 12 months.
37%
say they’ll stay the same.
3%
say they’ll go down.
FOR MOST AMERICANS, THEIR FINANCIAL SITUATIONS ARE STABLE:
44%
of Americans expect their personal financial situation to get better
over the next 12 months.
41%
expect it to stay the same.
12%
expect it to get worse.
59%say that their
household
income is the same as it was
12 months ago.
25% say that it’s
significantly higher.
14% say it’s significantly
lower.
9. Brian Buffini’s Real Estate Report PAGE 10Brian Buffini’s Real Estate Report PAGE 8
BUYERS AND THE INTERNET
Google searches for real estate
listings peak in July. This year,
they reached their highest
point since 2008.
People who search for
real estate listings are
5 times more likely to
search about planning
for retirement and 4
times more likely to
search about finding
child care.
18-34 year olds
were twice as likely
as 35-54 year olds
to say that they’re
planning to buy a
home in the next
year.
83% of 18-34 year olds said
that they would start their
formal home search more than 6 months
in advance, compared to 73% of people
older than 35.
Half of all Millennials visited real estate websites in July,
36% visited real estate websites or apps on mobile devices.
Millennials are twice
as likely as the average
person to look at real
estate information on a
mobile device.
House hunters used their
mobile device most to
search for listings and
find directions while
out looking for a home.
One-quarter of Google searches for
mortgages have been on mobile
devices, with “mortgage calculator”
making up half of the searches.
SOURCE: THINK WITH GOOGLE
PEOPLE USE THEIR MOBILE DEVICE TO:
Search for listings.
Find directions to a home.
Look for more information on a listing.
Call or email an agent directly.
Watch video tours while out looking for a home.
10. TODAY’S REAL ESTATE PROFESSIONAL
Brian Buffini’s Real Estate Report PAGE 9
WHAT DO BUYERS WANT MOST FROM THEIR AGENTS?
53%Find the right home to purchase.
12%Negotiate the terms of sale.
11%Handle the price negotiations.
8%Determine what comparable homes were selling for.
6%Handle the paperwork.
WHAT DO SELLERS WANT MOST FROM THEIR AGENTS?
23%Market home to potential buyers.
20%Sell the home within specific time frame.
19%Price home competitively.
14%Find a buyer for home.
13% Find ways to fix up home to sell it for more.
THE MEDIAN NUMBER OF TRANSACTIONS
BY EXPERIENCE:
2 years or less: 3 transactions.
3 to 5 years: 10 transactions.
6 to 15 years: 13 transactions.
16 years or more: 15 transactions.
SOURCES: NATIONAL ASSOCIATION OF REALTORS®, BUFFINI COMPANY, RISMEDIA
The average real estate professional has 12 years of experience.
61% of agents use social
media or a professional
networking website.
82% of real estate professionals
are “very certain” they’ll be
active in real estate in the next two years.
67% of agents have
a website.
12% of agents have a
real estate blog. Current Clients Past Clients Potential Clients
94% Email 68% Email 65% Email
90%Telephone 58% Telephone 58% Telephone
80% Text messaging 43% Postal mail 42% Postal mail
AGENT’S PREFERRED METHOD OF COMMUNICATION WITH:
11. SOURCES: NATIONAL ASSOCIATION OF REALTORS®
WHY I WORK BY REFERRAL
Brian Buffini’s Real Estate Report PAGE 10
88% of buyers would
use their agent
again or refer them to others.
Studies show that 82%of
real estate sales are the result of
agent contacts from previous
clients, referrals, friends, family
and personal clients.
RELATIONSHIPS ARE MORE IMPORTANT THAN TRANSACTIONS.
You may have noticed that many real estate agents take a transactional approach to sales—identifying clients, closing the
deal, and then moving on to the next one. I choose not to work that way because I believe you deserve more from the
professional you decide to work with. That’s why I work by referral.
Since my primary source of new business is referrals from people who know and trust me, I don’t have to spend time
prospecting and promoting myself. I can dedicate myself fully to the activities that benefit you most and always deliver truly
exceptional service.
Working by referral is all about trust. And, let’s face it, when we’re seeking
a service, we look for someone we can trust – someone proven, who comes
highly recommended and is already on our side.
YOU CONTROL MY BUSINESS.
I know that I must earn your future referrals, so I aim to exceed your expectations. I have a vested interest in making sure
that you are completely satisfied at the end of our transaction together. I want you to be so“fired-up”that you can’t wait to tell
your friends and family about me and the fantastic service you received!
When you come across an opportunity, I’d appreciate you referring me to
great people like yourself, who would benefit from the excellent service
and personal attention I provide.
SERVICE THAT CONTINUES AFTER THE SALE.
I devote myself to serving the needs of my clients before, during and after each sale. Instead of disappearing after the
closing, you can expect me to keep in touch. I will send you valuable information each month, and will also call from time to
time just to check in and see if you need anything.
I value my relationships and take my
responsibility to helping my clients
in this journey to home ownership
seriously. Their trust is my gift!
~Melissa Day