NAR:Feb Real Estate Sales Up
April 5, 2008
According to the National Association of REALTORS, home sales rose in February . According to Lawrence Yun, NAR’s cheif economist, “We’re not expecting a notable gain in existing-home sales until the second half of this year, but the improvement is another sign that the market is stabilizing,” he said. “Buyers taking advantage of higher loan limits for both FHA and conventional mortgages will unleash some pent-up demand. As inventories are drawn down, prices in many markets should go positive later this year.”
RE/MAX Announces New Training Online
April 5, 2008
RE/MAX Chairman and Co-founder dave Liniger announced today that RE/MAX will be expanding their online training currently in ATOD (Agent Training on Demand) to include more subjects with more resources than ever before. This new program entitled “RE/MAX 365″ will start to roll out immediately and will be completed within the next several months. Read more
Real Estate Quote of the Week
"I often hear remarks from agents like, “the bank sold that house really cheap - 30% below market value”. I don’t agree with that kind of statement. If various banks are the only sellers selling in an area and they are selling all of their houses at a perceived “below market” sales price - perhaps that IS the market for that product in that area. A good price fixes any of the various bad conditions. There is no good reason to take (or keep) a listing that isn’t going to sell."
Russell Shaw - in AgentGenius from Phoenix AZPolls
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