Weekly Real Estate Insights You Should Not Miss

Posted by: Equity Assets Realty
September 24th, 2014
 

CONVERT INTERNET LEADS WITHOUT WASTING YOUR MARKETING DOLLARS

You may agree that real estate leads sourced online are a waste of time and money for any number of reasons. Perhaps your past marketing efforts support this belief.

Lead image via Shutterstock

You’ve invested in online lead generation and found it doesn’t work. Perhaps NAR’s 2013 claim that only 9 percent of homebuyers find their agent via a website has you convinced Internet leads are worthless. Or maybe your gut tells you that, in a relationship-driven business like real estate, it is irrational to expect technology channels to be a source of quality leads.

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IS THE ECONOMIC RECOVERY REAL? 3 STATS TO WATCH

What everyone wants to know is if the economy is truly better. Is this recovery “for real”?

There is so much data on the economy now, it is hard to figure out what is most important. Last week alone exemplified the flood of numbers: the Census Bureau, Federal Reserve and Labor Department released a variety of economic data points.

The big news makers — employment, inflation and gross domestic product — are always important statistics, but if you really want to know where things are headed, there are a few lesser known indicators that give a fuller picture of the economy’s health.

To make some sense of it all, CNNMoney surveyed numerous economists. According to the experts, keep an eye on these three things.

Read The Rest of the Blog from CNNMoney

 

FIRST RISE IN FORECLOSURE AUCTIONS IN NEARLY FOUR YEARS

Foreclosures are up for the first time in nearly four years. But housing experts aren’t worried.

Nearly 52,000 U.S. homes went on the auction schedule in August, a 1% increase from 12 months earlier. Though only a slight bump, it marked the first year-over-year increase in foreclosure starts since November 2010.

This does not mean the return of the mortgage meltdown, according to Daren Blomquist, spokesman for RealtyTrac, which reported the August data.

Many foreclosures got delayed, especially starting in late 2010 when it came out that many lenders played fast and loose with the paperwork and processes needed to legally repossess homes — the “robo-signing” scandal.

Some states enacted new laws or regulations to ensure that borrowers were handled more fairly. The restrictions have delayed many foreclosures:

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