Today’s buyers need to know that “property fit” is
about more than the most obvious factors like price and
simple square footage.
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The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed. continue reading
Loads of agents know firsthand that an uptick in buyer activity and some loosening of lending purse-strings can result in a particular flavor of supply-demand imbalance we call “a seller’s market.” A recent Trulia study proved this market season is just that: 75 percent of surveyed consumers said it’s better to buy a home now than a year from now.
But the same study revealed that there’s also pressure from the other end of the market – only 1 in 3 consumers said it would be better to sell now than a year from now.
These patient would-be sellers have pushed inventory to a 12-year low. continue reading
Would you rather market or sell a newly-built home or a piece of local history? Across America today, you can find homes for sale that were built as long ago as the 19th century or as recently as yesterday. There’s no mistaking a 1920s Dutch colonial, a 1970s A-frame, or a 2000s home tricked out with the latest spa features.
This week: blazing home sales-price growth, OK job growth, and a major housing-policy nomination.
An OK jobs report, with some clouds: continue reading
Each month, the Trulia Housing Barometer charts how quickly the housing market is moving back to “normal.”
Download this month’s Barometer to show your clients the housing market is 56% back to normal, up from 43% six months ago.
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Whether a given oddity of humanity is good or bad often depends on the context. For example, one of the best advertisements I’ve ever seen was a mortgage company billboard that read simply: Surprises Are For Birthday Parties. Implied: surprise parties are fun, but surprises during underwriting? Not so much. continue reading
Today we’re pleased to feature Joel Goodrich, an incredibly accomplished and connected San Francisco real estate agent that has sold some of the most incredible and iconic luxury real estate in the City by the Bay.
Up and down San Francisco’s famed ”Billionaire’s Row” and beyond, Joel has listed and sold homes to and for the who’s who of San Francisco society.
When he’s not busy selling luxury real estate, Joel fills his time with a myriad interests that include movie production, fashion, interior design and technology. In addition to being stellar agent, Joel is a man about town and has been on 2 best-dressed lists, is a regular at Paris Fashion Week, has been on the Red Carpet at the Grammys and was an executive producer on two indie movies.
Here’s more about Joel and the secrets to his success: continue reading
Now, to find out all you have to do is visit Trulia.com/MyProfile.
Online marketing is about more than just pushing out messages. To be effective, you have to measure what attention you get in return for your hard work and how that exposure turns into real business.
Measuring the effect and finding new prospects is now easier than ever with Trulia’s Who’s Viewed Your Profile. This feature allows you to connect your online marketing efforts with the views that turn into business. continue reading
A home’s monthly payment, however, is just one part of the mortgage financing puzzle. Many buyers are worried that having limited funds for their first payment, the down payment, could keep them out of the game.
The good news: According to the National Association of REALTORS® Profile of Home Buyers and Sellers 2012, 73% of U.S. home buyers made a downpayment of 20% or less. Thankfully, for buyers like these, there are a host of low- and no-down payment mortgage options for qualified borrowers.
Here are a few every agent should know to help eliminate one of the top worries of today’s buyer prospects: continue reading