Tag: home sales
A look at Fannie Mae’s updated Economic and Strategic Research Group report for 2018.
In total, Fannie Mae forecasts economic growth to surge from an anticipated 2.8 percent to 3.0 percent for the year, but we’re going to look more specifically at the housing numbers. First, let’s get a sound bite from Fannie Mae Chief Economist Doug Duncan: “Housing continues to drag on growth due to lackluster homebuilding activity, […]
The current state of Realtor marketing – stats and facts to help you make it a great 2018!
According to recent data, there are 2 million real estate licenses issued throughout the United States. Of course, not all of those licensees may be actively selling real estate, but no matter how you slice it, that’s a lot of home sales professional – In fact, there were roughly 5.5 million residential home sales in […]
Do open houses really help sell homes?
Do open houses really help sell homes? The short answer is “probably not” if we only gather opinion and anecdotal experience of home buyers and even Realtors. The prevailing belief among real estate agents is that open houses only sell about 1% of listings. However, they’re great as lead generation tools, especially for young or […]