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!
“U.S. Home Re-Sales Complete Best Winter In 5 Years”
U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season. The past two months made up the best winter for sales of previously occupied homes in five years, when the housing crisis began. And the sales pace in January was the highest since May 2010, the last month that buyers could qualify for a federal home-buying tax credit. Continue reading . . .
“Wall Street Keys On Landlord Business”
Some of the biggest names on Wall Street are lining up to become landlords to cash-strapped Americans by bidding on pools of foreclosed properties being sold by Fannie Mae. The idea is that the new owners would rent out the homes at first rather than reselling—potentially aiding a housing-market recovery by reducing the number of properties clogging the market. The fact that big-name investors are interested also suggests they anticipate sizable future profits in housing. Continue reading . . .
“Existing Home Sales Up 8.8 Percent From 2011”
After signs of improving, existing home sales (completed transactions) fell 0.9 percent in February from January, but remain 8.8 percent higher than February 2011, according to the National Association of Realtors (NAR). Sales rose in the South and Midwest but were unable to pull up the national average due to declines in the West and Northeast. Dr. Lawrence Yun, NAR chief economist, said that underlying factors are much better compared to one year ago. Continue reading . . .
“7 Ideas For Cross-Promotion With Other Local Businesses”
With shrinking budgets for small businesses, cross-promotion is an age old method professionals use to spread word about their company. There are 7 methods that can expand your reach ranging from print to web cross-promotion, many at no cost at all. Continue reading . . .
“Are Your Updates In The Newsfeed? Understanding Facebook’s Edge Rank”
Facebook uses a secret algorithm that determines if your business page posts are actually seen by your fans. Through some research, Tech Savvy Agent compiled a good deal of information on this mysterious ranking system to help you better understand how to best reach your Facebook network. Continue reading . . .
