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Industry trends are changing every day. Continue scrolling to read the latest issue.
3 PR tips to rehab your reputation We've all heard the expression, "There's no such thing as bad publicity." But when it comes to real estate, your reputation can make or break your business. These tips, widely used in the PR world, can help strengthen your presence in your market. Full Story: REALTOR® Magazine (5/20)
Best Practices in Sales & Marketing
How new agents can start their career strong There are many more people entering the real estate profession. That, in conjunction with so many long-time successful salespeople and so little inventory in a fast-changing market, can make ramping up your business as a new agent a little daunting. Here are seven ideas from young professionals to get you started. Full Story: The Lounge (5/24)
A design approach that preserved the character of one Victorian home in Kentucky while also embracing modern touches led to a look that was greater than the sum of its parts. Contemporary pieces and modern prints were paired with antique furniture and vintage rugs for a unique, stylish charm. Full Story: Homes & Gardens (6/13)
Popular cities for first-time home buyers in 2022 Pittsburgh; Hartford, Conn.; St. Louis; Cleveland; Richmond, Va.; Kansas City and Cincinnati ranked among the popular metro areas for first-time home buyers, according to Bankrate.com. "The housing boom of the past two years has widened the affordability gap between low-priced and high-priced metro areas. But with remote work becoming the norm for white-collar employees, it's possible to keep the fatter paycheck while living in a cheaper area," analyst Jeff Ostrowski says. Full Story: ThinkAdvisor (free registration) (6/13)
Housing market tips for today's economy Prospective home buyers should understand that home prices are likely to stay high due to inflation and inventory shortages, says Dr. Lawrence Yun, chief economist with NAR. Buyers should calculate how rising mortgage rates affect their budget and consider a five-year ARM if they don't anticipate being in the same home for long. Full Story: MarketWatch (tiered subscription model) (6/13)
Global real estate lagged broader markets in May Real estate underperformed broader markets in May, with the FTSE EPRA/Nareit Developed index posting a total return of -4.3% and the Global index posting a return of -4.2%. Inflation and monetary policy have dampened broader economic growth expectations, and news that Amazon is planning to sublease at least 10 million square feet of industrial space continues to weigh on the market. Full Story: Nareit (6/10)
Technology & Innovations
7 Tech Tools Becoming Obsolete Many pieces of technology have an expiration date. New gadgets and devices push out older ones, so take a look at some of the tech you may be able to retire. Full Story: REALTOR® Magazine (6/7)
Fair & Equitable Housing
BRIDGE Housing cares for low-income older adults in Calif. The BRIDGE Housing nonprofit is building a 70-unit affordable housing development for older adults in Pasadena, Calif. The project is geared toward extremely low-income older people and includes onsite case management and support from Union Station Homeless Services. Full Story: Los Angeles Daily News (6/13)
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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