6. The 2 Major Mistakes
1. Bragging about
Themselves
2. Bragging about
Their Company
7. 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
12. 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
13. 2013 - 2014
30 Year Fixed
Mortgage Rates
Federal Reserve 1/2014
15. 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
18. 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
19. % Reduction in Serious Delinquencies
from peak to now
NAR 12/2013
20. Months Inventory of Homes for Sale
5-6 Months =
Normal Market Inventory
NAR 1/2014
23. 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
24. 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
25. 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
26.
27. 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
36. Months Inventory of Homes for Sale
5-6 Months = Normal Market Inventory
NAR 1/2014
37. 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
44. 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
45. 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