Recovery on the Horizon
Our newest episode of the PRIMEcast is here, and it’s a good one! In this month’s episode, Scott and I review some our most recent product features such as getting an official Realtor badge on your profile and setting up a customizable price point based on past closing data. We also review some of our
As a part of the ReferralExchange PRIME experience, we are very excited to feature the second installment of our PRIME Webinar Series: Capturing Online Leads. These webinars, though all unique in nature, will provide our agents with approachable, informative, and insightful information about topics that will help maximize success with ReferralExchange. For this session, the
As more buyers continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shared: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market has
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. A little over a week ago, the National Association of Realtors (NAR) released their Existing
HouseCanary, a ReferralExchange partner, has published its Market Pulse report for the month of December, 2020. While the exact numbers saw some increased clarity to cap off the year, the same trends maintained: Rising prices and shrinking inventory. The review below further fleshes out some of these insights and highlights from the report. While the industry continued
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. There has not been much guidance or previewing regarding what will happen to these borrowers in the longterm, however. Today, almost
If one of the questions a client asks you is, “Should I sell my house this year?”, current consumer sentiment about selling today should boost their confidence in the decision. Even with some of the current challenges facing our nation, Americans are still feel good about selling a house. According to the latest Home Purchase Sentiment Index from Fannie
2021 was an all around tough year. Although the Covid-19 pandemic brought the market to a near standstill for months, a quick recovery soon emerged as many homeowners reevaluated their space and what they need in a home going into 2021. Many experts are now forecasting that next year is one in which we can
The late fall and winter months, which typically bring along a “slow” season of sorts within the industry, seem to be making little difference on homebuyer interest in 2020. Each month, ShowingTime releases their Showing Index which tracks the average number of appointments received on active U.S. house listings. The most recent index (for the month of October) notes:
The ReferralExchange PRIME Team is ecstatic to introduce the FIRST episode of our new podcast- The PRIMEcast! This introductory episode is hosted by Amber Martinez, ReferralExchange’s Director of Strategic Operations, and Scott Castillo (that’s me), ReferralExchange’s Community Manager. We talk a bit about some of our motivations and goals for creating the podcast, what’s to
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