Key Highlights Direct relationship between daily habits and financial circumstances “Rich Habits” can reinforce your wealth building Daily Habits Instrumental to Building Wealth Tom Corley, the author of the best seller, Rich Habits: The Daily Success Habits of Wealthy Individuals and his latest book, Effortless Wealth, has immersed himself in studying and researching wealth acquisition for […]
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Key Highlights Pre-pandemic business models now past tense Some pandemic practices and changes for the better Old Normal Business Models Now Past Tense Real estate’s New Normal remains a people business. However, some of the ways real estate serves its consumers have changed due to the COVID pandemic. True, some of the changes we see […]
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Key Highlights Median home prices hit $370,528 in April 49% of homes sold for over asking price Home Prices Up +22% y/y in April National median home prices hit $370,528 in April, a year-to-year increase of +22%, according to Redfin. Sure, home buying and home selling came to a standstill in April 2020 due to […]
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Key Highlight Market remains resistant to pandemic Equity-rich homes up +31.9%; seriously underwater homes below 5% One in Three Homes Equity Rich in Q1 2021 According to the latest Q1 2021 US Home Equity & Underwater Report by ATTOM Data Solutions, 17.8M residential properties in the US were considered equity-rich. The now total of $7.3T […]
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Key Highlights In low tax states, four people move in for every one who moves out In high tax states, 2.5 people move out for every one person who moves in State Taxes & Migration Patterns Linked States with the lowest taxes have, over the last eight years, have had an average of four people […]
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Key Highlight Currently, housing supply at 1.1 month 43% industry experts predict uptick in second half of 2021; 26% say 1sthalf of 2022 Housing Supply Sits at Record Low Currently, the nation’s housing supply sits at a record low of only 1.1 month. Buyers, sellers, agents and investors alike have all experienced this record low. […]
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Key Highlights Skyrocketing lumber prices seen as major factor April decline of -13.4% in housing starts followed March’s decline of -9.5% Single-Family Housing Starts Fell -13.4% in Apri According to the US Census Bureau and The Department of Housing and Urban Development’s latest New Residential Construction Report just released, single-family housing starts dropped -13.4% in April. […]
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Thank-You for making Real Estate Coaching Radio the #1 DAILY Podcast For Real Estate Pros. This podcast is listened to around the world in 61 different countries. On this Memorial Day weekend we pay tribute to all the forward deployed active duty service men and women. God bless you and thank-you for your service to […]
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Key Highlights Buyers jumping into housing market earlier than “usual” Midwest and Northeast are hottest markets “It’s Pure Madness We keep hearing the same phrase from longtime agents throughout the country, “I’ve been doing real estate for 20 years in this area, and I’ve never seen a market like this.” This most recent comment, “It’s […]
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Key Highlights CoreLogic Home Price Index (HPI) designed to offer early indication of home price trends Monthly report points to price indices, price forecast and market condition indicators March 2021 National Home Prices Nationwide, home prices, including distressed sales, jumped +11.3% y/y in March 2021 and +2% m/m in March 2021. (All statistical data in this […]
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Tim and Julie Harris 