Good morning and happy Friday!
Each Friday we share with you the must-read, real estate news of the week. We’ve got everything you need to know to stay on top of breaking industry news and trends.
Grab your coffee and get reading!
“New Home Sales Surge To A Five-Year High”
This week, Agent Genius reported, “According to the U.S. Commerce Department, new home sales surged to a five-year high in June, despite increasing mortgage rates and decreasing mortgage application volume. After improving 1.3 percent in May, sales of single-family homes rose 8.3 percent in June, the highest level since May of 2008. While June sales marks a welcome improvement compared even to May, the Commerce Department data reveals single-family home sales rose 38.1 percent compared to June of 2012 – the largest increase since January of 1992.” Continue reading . . .
“The Rise Of The Young Home Buyer”
The Wall Street Journal published a piece this week on the rise of the young, luxury home buyer. The article comments, “There is a growing group of wealthy young buyers who are making inroads in the world of high-end real estate, acquiring properties at prices, and at a pace, that brokers say they have never seen before. Real-estate agents say that young people are buying more expensive homes than previously. They are also more likely to buy several properties, and use one as an investment. Buying real estate has grown more attractive, these young buyers say, compared with the stock market, which appears riskier to a generation that entered the workforce during a market correction.” Continue reading . . .
“9 Home Upgrades That Broaden Your Buyer Base”
If you are thinking about listing your home in the future you may be thinking, “Should I make those upgrades before we list? Or should we wait and let the buyers do that when they move in?” MSN Real Estate shared a great article this week all about the pro/con list of this very question. Continue to reading to see the ongoing updates you can make that will add value when you go to list . . .
“Improve Your Real Estate Content Strategy With New Facebook Insights”
Have you noticed changes to your Facebook business page? That’s because Facebook has updated their Insights tools, letting you learn more about who is visiting your real estate page and what content they are liking and engaging with most. Read on to learn how to maximize these new tools and sharpen your Facebook marketing. Continue reading . . .
Syndicated via Century 21 Blog. Source: http://blog.century21.com/2013/07/real-estate-reads-of-the-week-61/