What is the definition of ‘Accumulation’ rate? ‘Accumulation’ rate talks to the point of future inventory coming to the market. An example of this is Zillow ‘s recent report suggesting an additional 7 million homeowners are ‘very likely’ to put their homes up for sale if they see the market getting better. Another example is […]
7 Step Action Plan for Tax Credit Extension Step #1 – Contact anyone who might have given up. Originally, there was a lot of speculation that there would be no extension granted. That caused some buyers to stop looking (especially in regions where closings take longer). We must immediately reconnect with this group. Step #2 […]
Existing Home Sales Skyrocket – What does that mean to your business? First, I want to congratulate all the real estate professionals out there who helped make this happen. (Didn’t have a sale last month? Don’t despair – this will be your month!!). However, as I always say, let’s look behind the headline for the […]