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Archive for the ‘ Industry News ’ Category

11
Sep
Kirkland’s Top 10 Designers/Home Stagers
categories: Industry News
 

2010’s tough real estate market demands competitive positioning of homes for sale at point of entry into the market.  Competitive positioning includes Staging a home as well as pricing and other factors.   Clients of Caldwell & Company Realty have been referred to and using Marcyne Touchton of Domaine Staging for preparing their homes for sale.

Kirklands agrees with us and Marcyne is one of their Top 10 Designers! You can see Marcyne featured on the Kirklands’ website here.   (You can also read more about Marcyne and Domaine Staging in this feature piece at E-Myth.com.)

Marcyne’s staging, used as a tool in a homeowners’ and REALTOR’s toolbox, always result in a home that sells faster than average and for more money.   One month’s mortgage payment under most circumstances more than covers Marcyne’s fee for her services.

Congratulations Marcyne!

10
Sep
Near-Record Affordability In Real Estate
categories: Industry News
 

courtesy of Inman News

The share of homes that families making the national median income could afford to buy remained above 70 percent for the sixth quarter in a row, according to the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).

Nationally, the HOI was at 72.3 percent in the second quarter, unchanged from the same time period last year and close to the index’s record-high 72.5 percent, set in first-quarter 2009.

The HOI tracks the share of homes sold in a particular area that would have been affordable to a family earning the local median income. The index assumes a family can afford to spend 28 percent of its gross monthly income on housing, according to NAHB’s website.

30
Jul
House Passes Flood Insurance Reform Bill
categories: Education, Industry News
 

Courtesy of REALTOR Magazine:

The U.S. House of Representatives approved a flood insurance reform bill that would reauthorize the National Flood Insurance Program to Sept. 30, 2015, a provision strongly supported by the National Association of REALTORS®.

Passage of H.R. 5114, the Flood Insurance Reform Priorities Act, would strengthen the NFIP and bring certainty to many real estate markets that are much in need, NAR said, and commended Rep. Maxine Waters (D-Calif.) for marshalling the bill through House passage.

“This longer-term reauthorization of the NFIP is critical to millions of taxpaying American families who rely on the program for flood insurance, which is required to obtain a mortgage in nearly 20,000 communities across the nation. ( Full Story )