IS SNAPCHAT FOR REAL ESTATE EVEN WORTH IT?

SnapChat reared its trendy head a few years ago, giving Millennials and Gen Z’ers yet another reason to keep their phones in their hands at all times. Since 2016, the user base tripled from 60 million to over 187 million daily users.  And the numbers just keep growing. For a moment, it appeared that SnapChat was poised to be the next big…

HERE’S WHAT SPRING BUYERS ARE LOOKING FOR IN A HOME

The average buyer this spring selling season is looking for a three-bedroom, two-bathroom home with a modern kitchen and spacious garage, according to a new survey by realtor.com of more than 1,000 prospective buyers. The survey found that 44 percent of respondents are looking for a three-bedroom home, while a whopping 93 percent say two bathrooms is a minimum requirement. However a…

MORE HOME BUILDERS ARE TARGETING MILLENNIALS

With millennials entering the housing market in growing numbers, they’re expected to take the lead when it comes to new home buyers too, according to Census Bureau data analyzed by the National Association of Home Builders. Currently, around 36 percent of millennials are homeowners, which means they’re making the fastest gains of all age groups, according to the Census data. Millennials are…

MONEY’S BECOMING EXPENSIVE WITH RISING INTEREST RATES

Investors and homebuyers haven’t had to pay close attention to interest ratesfor quite some time. But that’s changing. Sure, we’ve been reading that rates are going up. However, rates have been so low for so long that the few small hikes that have occurred haven’t really meant too much to most of us. Even better, the small hikes have been confidence…

APPRAISAL FOUNDATION SEEKS TO ADDRESS LABOR SHORTAGE

The Appraisal Foundation’s Appraiser Qualifications Board is to ease the requirements for individuals to become an appraiser in order to combat labor shortages. The board will be reducing the number of hours of college coursework that needs to be completed, and also the hours of job training. The process has been under review for the last two years, the Foundation said. Action…

RELIEF FOR RENTERS AS MARKET RETURNS TO MORE ‘NORMAL’ CONDITIONS

Some renters may finally see some financial relief, as growth in rental costs showed signs of slowing down in the first quarter following a period of rapid growth. RealPage, a real estate technology and analytics firm, said that the average rent for new leases rose by 2.3 percent to $1,310 in Q1, down from the 2.6 percent growth witnessed in…

REPORT: HOUSING AFFORDABILITY CRISIS GROWING WORSE IN 2018

Houses are becoming more unaffordable across the country, not just in the coastal markets. According to new data from ATTOM Data Solutions, the median home price was not affordable to the average wage earner in 68 percent of counties during the first quarter of 2018. ATTOM determines home affordability by calculating the amount of income necessary to make the monthly payments on…

5 GREAT FACEBOOK MARKETING TOOLS FOR REALTORS – INFOGRAPHIC

This infographic shows five great websites you can use to enhance your Facebook Marketing as a Realtor. There are quite a variety of tools in this infographic. One tool that stands out among the five is Likeayzler because it’s a free tool, and it only takes seconds to use. Of course, there are other effective tools on the list too.…