Lisa Manz, Glasshouse Realty Group

09/13/2023

Has anyone used Get Me Renewed for their Real Estate License CE? TIA

01/04/2022

08/21/2016

My success as an agent is measured by your satisfaction.

11/17/2015

Lifetime wealth is at an all-time high
•Home ownership rate is at a 50-year low – 63.5 million as of Q3 2015
•First-time home buyer dipping in 2015 to 32%
•Lack of starter home inventory
•Priced out of higher end inventory
•Student loan debt has hit a high of 1.3 trillion dollars
•Housing starts ending 2015 close to 1.1 million
•Existing home sales 5.3 million in 2015

According to Lawrence, three reasons that home sales are on the rise as we end 2015: low home mortgage interest rates, housing equity is up for pent up sellers, and the boomerang buyers are returning to the buying market. No longer are homeowners using their homes as ATM machines.

The one statement that caused the crowd to erupt in cheers was the announcement that For Sale by Owner inventory is collapsing with a reported national level of only 8% of homes being marketed without a REALTOR®.

06/30/2015

This is an awesome reminder that our lives are much better than we think. Maybe you can afford that house after all!

You've lost relationships.

06/03/2015

DEMAND UP, SUPPLY DOWN, PRICES INCREASING
The National Association of Realtors recently released their latest quarterly report. The report covered three important aspects of the housing market:
Buyer Demand
Supply of Housing Inventory
Single Family Residential Prices
Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist at NAR.

Buyer Demand
Total existing-home sales (which include single family and condo) were at an annual rate of 4.97 million in the first quarter of 2015. This represents a number which is 6.2 percent higher than the pace during the first quarter of 2014.

Yun: "Sales activity to start the year was notably higher than a year ago, as steady hiring and low interest rates encouraged more buyers to enter the market."

Supply of Housing Inventory
There were 2 million existing homes available for sale at the end of the first quarter of 2015 which represents a 4.6 months’ supply of inventory which is down from 4.9 months a year ago. A healthy balance of supply between buyers and sellers is 6 to 7 months.

Yun: "With supply remaining tight—especially at the entry-level price range—buyers will need the expertise and local market insight of a Realtor® to help them through each intricate step of the buying process."

Single Family Residential Prices
Home prices accelerated in 148 out of 174 metro areas (85%) during the first quarter of 2015 and the number of areas experiencing double-digit price appreciation doubled compared to last quarter. Compared to last quarter, the number of regions experiencing double-digit price appreciation doubled.

The national median existing single-family home price in the first quarter was $205,200, compared to $191,100 in first quarter of 2014. This represents a 7.4% increase year-over-year.