Six Tips for Productivity When Working from Home
Useful tips to help create effective habits and achieve greater productivity while working from home.
https://blog.coldwellbanker.com/six-tips-for-productivity-when-working-from-home/
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An agents guide to marketing during a pandemic
Tips on how to be sensitive, focus on you neighborhood and more
https://www.housingwire.com/articles/an-agents-guide-to-marketing-during-a-pandemic/
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NAR WINS MAJOR PROVISIONS FOR REALTORS®
“We worked with the drafters of this legislation to ensure that independent contractors and those living on a commission-based income will be eligible for the loans as well as the forgiveness provision,”
https://www.warealtor.org/resources/member-resources/news-articles/sub-news-article/2020/03/26/nar-wins-major-provisions-for-realtors
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ShowingTime Showing Index®
February 2020 The latest ShowingTime Showing Index® recorded nationwide growth for the seventh consecutive month, ahead of uncertainty of the COVID-19 pandemic’s impact on showings.
https://www.showingtime.com/showingtime-showing-index/
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NAR Flash Survey: Economic Pulse
On March 16-17 2020, NAR conducted a flash survey of members on the impact of the coronavirus on their market. The survey was delivered to a random sample of 72,734 members. For 96% of respondents, the majority of their business is residential. For 2% of respondents, the majority of their business is commercial.
https://www.nar.realtor/research-and-statistics/research-reports/nar-flash-survey-economic-pulse
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The Top Four Ways Millennials Are Changing the Housing Market
Millennials are now the fastest growing segment of home buyers. The latest U.S. Census Bureau Housing Vacancies and Homeownership report revealed that the homeownership rate for 25 to 34-year-olds has increased from 36.5% in Q4-2018 to 37.6% in Q4-2019
https://www.corelogic.com/blog/2020/3/the-top-four-ways-millennials-are-changing-the-housing-market.aspx
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Study: 78% Of Salespeople Using Social Media Outsell Their Peers
When Jim Keenan, the social sales specialist, describes his work today, he’ll tell you that he’s “ushering salespeople from the old world into the social world”
https://www.forbes.com/sites/markfidelman/2013/05/19/study-78-of-salespeople-using-social-media-outsell-their-peers/#4add3b73a39e
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Don’t blame housing — this time the home market hopes to escape the worst of the economic downturn
“The housing sector enters this recession underbuilt rather than overbuilt,” he said. “That means as the economy rebounds — which it will at some stage — housing is set to help lead the way out.
https://www.dallasnews.com/business/real-estate/2020/03/24/dont-blame-housing-this-time-the-home-market-hopes-to-escape-the-worst-of-the-economic-downturn/
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Real estate companies feel impact of COVID-19 on the housing market
On a normal Sunday, it's prime time for realtors to show houses, but because of COVID-19 those business routines are changing.
https://www.fox10phoenix.com/video/666466
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Don’t Let Frightening Headlines Scare You
Finding reliable resources with information on the economic impact of the virus is more difficult. For this reason, it’s important to shed some light on the situation. There are already alarmist headlines starting to appear. Here are two such examples surfacing this week.
https://www.keepingcurrentmatters.com/2020/03/26/dont-let-frightening-headlines-scare-you/
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Home Theater Renaissance
With movie theaters closing across the country due to social distancing, here are a few Hollywood worthy home theaters from Coldwell Banker listings.
https://blog.coldwellbanker.com/home-theater-renaissance/
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How to Engage in Virtual Open Houses
Virtual tours and virtual open houses on social media are quickly becoming a popular option for buyers in place of the traditional open house – and offer an incredible opportunity that benefits the consumer.
https://blog.coldwellbanker.com/how-to-engage-in-virtual-open-houses/
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7 Easy DIY Kitchen Projects You Can Tackle While You're Self-Isolating
There’s nothing like spending an extended period of time at home to realize how badly your place needs a makeover.
https://www.realtor.com/advice/home-improvement/easy-kitchen-projects-to-tackle-while-self-isolating/
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The Coronavirus, Real Estate, and You: Everything You Need To Know
The realtor.com editorial team is tirelessly covering the impact of the pandemic on trends in the housing market, where mortgage rates are heading, and the outlook for home buyers and sellers.
https://www.realtor.com/news/trends/the-coronavirus-real-estate-and-you-what-you-need-to-know/
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Compass cuts 15% of staff, estimates 50% revenue decline over 6 months — here’s the email to staff
Heavily-funded New York-based real estate brokerage and tech startup Compass today laid off 15% of its staff, or about 375 employees, due to economic impact from the COVID-19 outbreak.
https://www.geekwire.com/2020/compass-cuts-15-staff-estimates-50-revenue-decline-6-months-heres-email-staff/
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Virtual Open Houses
We have created a new resource page in DeltaNet dedicated to the art of hosting a virtual open house
https://online.coldwellbankerbain.com/?body_content=resources/Control.php&lm_area=52&sub_area=5&page=000000948
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Coronavirus Recession? What It Would Mean For Real Estate
There might have been some question whether the coronavirus would lead the U.S. into a recession, but the hoarding of toilet paper makes me think it's certain.
https://www.forbes.com/sites/ingowinzer/2020/03/24/coronavirus-recession-what-it-would-mean-for-real-estate/#463541832ad2
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Mortgage applications fall significantly as coronavirus continues to hit housing market
After reaching a near 11-year high just a few weeks ago, mortgage applications declined for the second consecutive week as the coronavirus that causes COVID-19 continues to create instability in the housing market.
https://www.housingwire.com/articles/mortgage-applications-fall-significantly-as-coronavirus-continues-to-hit-housing-market/
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Homebuyer Interest Plummets Amid Rising Mortgage Rates And Coronavirus Concerns
It was just a few weeks ago that mortgage rates reached 50-year lows. Today, rates are up, homebuyer interest is down, and the Federal Reserve is stepping in to prop things up.
https://www.forbes.com/sites/alyyale/2020/03/25/homebuyer-interest-plummets-amidst-rising-mortgage-rates-covid-19-concerns/#526a1291c473
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Here’s what Washington’s new 'stay-at-home' order means for you
Details about child care, family visits, construction and more. Updated with answers to reader questions.
https://crosscut.com/2020/03/heres-what-washingtons-new-stay-home-order-means-you
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Regional real estate group acts to halt open houses to fight spread of coronavirus
The stock market plunge and coronavirus pandemic have not slowed home sales activity from February’s white-hot market, brokers say, potentially posing an obstacle to officially mandated social distancing measures.
https://www.seattletimes.com/business/real-estate/regional-real-estate-group-moves-to-cancel-open-houses-to-fight-spread-of-coronavirus/
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Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx