Relevant News Links – November 20th 2015

RNL

“Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough”.
~Oprah Winfrey

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Traditional Thanksgiving Decorating Ideas
Decorate your home in a traditional style this year for a look that is warm, welcoming and timeless.
http://www.hgtv.com/design/rooms/living-and-dining-rooms/traditional-thanksgiving-decorating-ideas-pictures

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In Thanksgiving Day Cooking Fires, Texas Is Tops
Thanks to a taste for deep-fried turkeys, the Lone Star State leads the U.S. in Thanksgiving Day cooking- and grease-related fires, according to State Farm
http://www.wsj.com/articles/in-thanksgiving-day-cooking-fires-texas-is-tops-1447947357

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Previews® 2015 Luxury Holiday Gift Guide
What do you give the person who has everything? From space adventures to personal submarines, Coldwell Banker Previews International®
http://www.previewsinsideout.com/2015/11/previews-2015-luxury-holiday-gift-guide/

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Posh Party Spaces from Previews
‘Tis the season for holiday entertaining. In honor of all of the “merry and bright” we’ll be experiencing over the next two months, Previews® Inside Out scoured our latest luxury listings to find the most elaborate entertaining spaces currently marketed by Coldwell Banker Previews International®
http://www.previewsinsideout.com/2015/11/posh-party-spaces-from-previews/

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Why It’s Harder to Sell Your Home in an Election Year
The uncertainty of a looming election can cause a dip in home sales, especially if the race is close.
http://www.wsj.com/articles/why-its-harder-to-sell-your-home-in-an-election-year-1441901530

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2015 Home Buying Trend: Purchasing Larger Homes
Home buyer demographics change slightly from year to year due to macroeconomic forces from the health of the economy to inflation to the global trade on oil prices.
http://economistsoutlook.blogs.realtor.org/2015/11/16/2015-home-buying-trend-purchasing-larger-homes/

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Previews® Luxury Market Report Fall 2015
Our bi-annual report on Luxury Real Estate in the US and Abroad.
http://www.previewsinsideout.com/

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U.S. Home Sales Expected to Uptick in 2016, But at Slower Pace
The National Association of Realtors (NAR) is reporting at their annual conference this week that existing-home sales in the U.S. are expected to increase in 2016 at a moderate pace; although affordability pressures from inventory shortages and rising mortgage rates could slow the potential for even stronger sales momentum.
http://www.worldpropertyjournal.com/real-estate-news/united-states/2016-home-sales-predictions-national-association-of-realtors-nar-existing-home-sales-report-november-2015-cris-deritis-moodys-analytics-jonathan-corr-ellie-mae-housing-forecast-for-2016-9499.php

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Millennials Investing in Rental Properties
For all the talk about millennials’ being slow to move toward homeownership, some young adults are drawn to real estate as an investment opportunity.
http://www.nytimes.com/2015/11/22/realestate/millennials-investing-in-rental-properties.html?emc=edit_tnt_20151120&nlid=68153968&tntemail0=y&_r=0

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TRID: A Business Opportunity?
On October 3rd the new closing process and documents known as Know Before You Owe or “TRID” was implemented.
http://economistsoutlook.blogs.realtor.org/2015/11/12/trid-a-business-opportunity/

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The Housing Market Has a Major Supply Problem
So even though home prices were rising, it wasn’t because Americans were actually rich enough to demand the construction of new housing stock.
http://fortune.com/2015/11/19/housing-market/

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Housing Starts Fall to Seven-Month Low
Housing starts in the United States fell to a seven-month low in October.
http://www.nytimes.com/2015/11/19/business/economy/housing-starts-fall-to-seven-month-low.html

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Portland’s housing authority received ‘unprecedented’ number of rent increases
New rules intended to protect renters in Portland’s red-hot housing market led to an unprecedented number of rent increases for low-income tenants, according to housing authority officials
http://www.oregonlive.com/portland/index.ssf/2015/11/portlands_housing_authority_re.html

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Seattle law requires developers to pay for affordable housing
Seattle Mayor Ed Murray signed an ordinance into law on Tuesday he says will add 6,000 living units for low-income residents over the next decade to be paid for by fees on private developers.

Read more at Reuters http://www.reuters.com/article/2015/11/18/us-seattle-housing-idUSKCN0T707820151118#EdlbiTbhRo9TBGqW.99

http://www.reuters.com/article/2015/11/18/us-seattle-housing-idUSKCN0T707820151118#7tUspwIrvD4ZwDyJ.97

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Housing crisis lands on Oregon lawmakers’ growing 2016 agenda
The announcement closed a two-hour housing committee hearing that highlighted the plight of low-income renters across the state
http://www.oregonlive.com/politics/index.ssf/2015/11/oregons_housing_crisis_crashes.html

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Are we headed for a new housing bubble?
Some yardsticks show that housing has not only come back from the worst of the Great Recession but even getting into hot territory. Is it time to worry? Yes, but not about a new bubble.
http://www.seattletimes.com/business/economy/are-we-headed-for-a-new-housing-bubble-jon-talton/

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What’s Different about the Latest Housing Boom?
After peaking in 2006, the median U.S. house price fell about 30%, finally hitting bottom in late 2011. Since then, house prices have rebounded strongly and are nearly back to the pre-recession peak
http://www.frbsf.org/economic-research/publications/economic-letter/2015/november/what-is-different-about-latest-housing-boom-mortgage-debt-ratio/?utm_source=mailchimp&utm_medium=email&utm_campaign=economic_letter-2015-11-16

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Millennials are making their move in the housing market
When it comes to the housing market, increasingly it’s all about the millennial.
http://www.dallasnews.com/business/residential-real-estate/20151115-millennials-are-making-their-move-in-the-housing-market.ece

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Consumer Price Index: Higher Rates in Sight?
Inflation is nonexistent with no changes to the consumer price index from one year ago. Some components are, however, making marked changes. Gasoline prices are 27 percent below one year ago, rents are rising at near 4 percent, and medical care service prices are beginning to firm up after several years of slowing inflation.
http://economistsoutlook.blogs.realtor.org/2015/11/17/consumer-price-index-higher-rates-in-sight/#sf15383036

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Contract Settlement Issues: Financing and Appraisals are Major Issues
In reporting on their last contract that went into settlement or was terminated over the period July-September 2015, REALTORS® reported that 64 percent of contracts were settled on time, 30 percent had delayed settlement, and six percent were terminated,
http://economistsoutlook.blogs.realtor.org/2015/11/17/contract-settlement-issues-financing-and-appraisals-are-major-issues/#sf15371551

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3 Luxe Ski Homes in Austria’s Kitzbühel Area
Luxury homes on the market in the glamorous resort on the Austrian slopes.
http://www.wsj.com/articles/3-luxe-ski-homes-in-austrias-kitzbuhel-area-1447863230

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Tupper Lake: An Under-the-Radar Ski Destination
Outdoorsy types make for Tupper Lake, the less-famous (and less crowded) version of Lake Placid. Here, low-key luxury lodges are equipped for year-round fun
http://www.wsj.com/articles/tupper-lake-an-under-the-radar-ski-destination-1447944670

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Anatomy of a Ski Room: 8 Design Elements for Slope-Side Living
In Montana’s Yellowstone Club, Frank McCourt, former owner of the L.A. Dodgers, and his new bride have an area dedicated to ski-in, ski-out access
http://www.wsj.com/articles/anatomy-of-a-ski-room-8-design-elements-for-slope-side-living-1447861954

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Architect Chad Oppenheim Goes Rustic With His Aspen Home
In the Colorado capital of luxury ski retreats, the architect clads his house in salvaged barn wood
http://www.wsj.com/articles/architect-chad-oppenheim-goes-rustic-with-his-aspen-home-1447946803

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Economic and Housing Outlook
These slides are from NAR Chief Economist Lawrence Yun’s economic and housing outlook presentation from the NAR Annual Meeting in San Diego, CA, on November 13, 2015.
http://www.realtor.org/presentations/economic-and-housing-outlook#sf15335908

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Sales to First-Time Buyers: 29 Percent of Sales in September 2015
The share of first-time home buyers has remained essentially unchanged for the last five years. First-time home buyers accounted for 29 percent of existing home sales in September 2015
http://economistsoutlook.blogs.realtor.org/2015/11/13/sales-to-first-time-buyers-29-percent-of-sales-in-september-2015/#sf15262098

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Redfin founder calls his new Seattle real estate startup a ‘Zestimate killer’
Surefield, an online Seattle real estate company that helps homeowners sell their homes, on Wednesday rolled out a free home pricing tool called Pricepoint.
http://www.bizjournals.com/seattle/blog/techflash/2015/11/redfin-founder-calls-his-new-seattle-real-estate.html?ana=e_tf&s=newsletter&ed=2015-11-18&u=iT6Ej9T4EYz1%2FuAD4leF5qEYhm3&t=1448030550

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Most Prestigious Companies to Intern For
Vault asked thousands of current and former interns which employers have the most prestigious internships. Vault’s Most Prestigious Companies to Intern For represent the employers whose internships were rated highest in prestige.
http://www.vault.com/internship-rankings/most-prestigious-companies-to-intern-for?pg=2

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Number of First-Time Home Buyers Falls to Lowest Levels in Three Decades
Figure represents third straight annual decline and lowest percentage since 1987
http://www.wsj.com/articles/number-of-first-time-home-buyers-falls-to-lowest-levels-in-three-decades-1446735604

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html

Relevant News Links – November 13th 2015

RNL

“You have to learn the rules of the game. And then you have to play better than anyone else”.  –Albert Einstein

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Coldwell Banker Home Listing Report
Coldwell Banker Home Listing Report, the most extensive home price comparison tool in the United States. The annual report includes market data for more than 2,700 real estate markets nationwide, analyzing more than 81,000 similar-sized four-bedroom, two-bathroom homes
https://www.coldwellbanker.com/hlr/2015

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Which city has the best housing deals?
Along with the housing recovery has come a steep climb in home values and ever-weakening affordability.
http://www.cnbc.com/2015/11/10/which-city-has-the-best-housing-deals.html

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Here’s How Much You Need To Save For A Down Payment In America’s Biggest Cities
Long before you can buy a house and say farewell to landlords for good, you have to save up for a down payment.
http://www.forbes.com/sites/laurengensler/2015/11/11/home-ownership-down-payment-us-cities/?ss=real-estate

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Mortgage rates pushed upward following strong employment data
Mortgage rates continued to move higher in anticipation of a Federal Reserve rate hike next month, according to the latest data released Thursday by Freddie Mac
https://www.washingtonpost.com/news/where-we-live/wp/2015/11/12/mortgage-rates-pushed-upward-following-strong-employment-data/

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New rules for lenders seem to be raising costs for mortgage customers
It has been barely two weeks since the nationwide changeover in mortgage and settlement procedures took effect, but early results are trickling in: Lenders and brokers say just about everything is taking longer, and the costs to home buyers are moving up.
https://www.washingtonpost.com/realestate/new-rules-for-lenders-seem-to-be-raising-costs-for-mortgage-customers/2015/10/13/676d44b4-70f3-11e5-8248-98e0f5a2e830_story.html

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Home Sales Profits Up While Appreciation Slows Down: RealtyTrac
Profits on home sales reached their highest point in eight years in the third quarter despite a slowing-down of appreciation rates, according to RealtyTrac’s U.S. Home Sales Report.
http://www.nationalmortgagenews.com/news/origination/home-sales-profits-up-while-appreciation-slows-down-realtytrac-1065370-1.html

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Home-Price Growth Cooled a Bit This Summer, Realtors Say
Home-price growth cooled during the height of the summer, according to a report released Thursday, an indication that the market will improve at a more modest clip in the latter half of the year
http://blogs.wsj.com/economics/2015/11/12/home-price-growth-cooled-a-bit-this-summer-realtors-say/

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Fannie Mae: Consumer confidence in housing market fell in October
Survey results show that consumers felt September was better market
http://www.housingwire.com/articles/35562-fannie-mae-consumer-confidence-in-housing-market-fell-in-october

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Zillow Group ‘significantly exceeds’ own expectations, sees revenue grow 13%
But records net loss of $21.4 million
http://www.housingwire.com/articles/35522-zillow-group-significantly-exceeds-own-expectations-sees-revenue-grow-13

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Airbnb vows to crack down on speculators who may drive up housing costs
Airbnb, fresh off waging — and winning — a political brawl in San Francisco last week, struck a more conciliatory tone on Wednesday with the cities where its fast-growing home-sharing service has blurred the lines between the hotel and housing markets
https://www.washingtonpost.com/news/wonk/wp/2015/11/12/airbnb-vows-to-crack-down-on-speculators-who-may-drive-up-housing-costs/

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A Record Share of Young Women Are Living at Home
The Great Recession nudged many millennials back to their parents’ homes, but a new analysis from the Pew Research Center shows the shift has been especially pronounced for young women.
http://blogs.wsj.com/economics/2015/11/11/a-record-share-of-young-women-are-living-at-home/

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Young Adults Are Living With Their Parents, But Not As Much As (Or Why) You Think
Young Americans are living with their parents in greater numbers, but don’t blame the economy or housing costs. Blame student loans.
http://blogs.wsj.com/economics/2014/10/29/young-adults-are-living-with-their-parents-but-not-as-much-as-or-why-you-think/

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Cashing in on Home Equity
Rising home prices are raising equity levels, and homeowners are cashing in on these gains.
http://www.nytimes.com/2015/11/15/realestate/cashing-in-on-home-equity.html?emc=edit_tnt_20151113&nlid=68153968&tntemail0=y&_r=0

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Stronger Dollar Emboldens More Americans to Seek European Dream Home
The dollar’s climb against the euro, combined with listless prices in some European markets, has led to a sharp rise in Americans seeking a second home on the Continent.
http://www.nytimes.com/2015/11/12/your-money/stronger-dollar-emboldens-more-americans-to-seek-european-dream-home.html?emc=edit_tnt_20151111&nlid=68153968&tntemail0=y

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America’s Most Glamorous Trailer Park
In Malibu, Paradise Cove has million-dollar views, hip residents and a location on one of the world’s most iconic beaches.
http://www.nytimes.com/2015/11/11/t-magazine/paradise-cove-malibu-million-dollar-trailer-parks.html?emc=edit_tnt_20151111&nlid=68153968&tntemail0=y

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Existing-Home Sales on Track for Further Expansion in 2016
Following the housing market’s best year since the recession, existing-home sales are expected to increase in 2016 at a moderate pace; although affordability pressures from inventory shortages and rising mortgage rates could slow the potential for even stronger sales momentum, according to an economic forecast forum here at the 2015 REALTORS® Conference & Expo
http://www.realtor.org/news-releases/2015/11/existing-home-sales-on-track-for-further-expansion-in-2016

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How Parents Can Help With Jumbo Mortgages
It’s one thing to ask mom and dad to co-sign a car loan. Getting them to co-sign a jumbo mortgage is a tougher sell all around.
http://www.wsj.com/articles/how-parents-can-help-with-a-home-loan-1447342246

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The Parking Premium: How Mega-Size Garages Affect Home Prices
Asking prices rise with the number of parking spots, but not all spaces are created equal
http://www.wsj.com/articles/the-parking-premium-how-mega-size-garages-affect-home-prices-1447343924

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Charlton Heston’s Midcentury Modern Home Goes on the Market
The ‘Ben-Hur’ star built the Los Angeles home in the late 1950s, and lived there until his death in 2008.
http://www.wsj.com/articles/charlton-hestons-midcentury-modern-home-goes-on-the-market-1447428436

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These are the best-educated neighborhoods in Washington state
Washington’s best-educated neighborhoods aren’t always the most prosperous. And they’re not all in the Puget Sound region, either.
http://www.bizjournals.com/seattle/blog/2015/11/these-are-the-best-educated-neighborhoods-in.html?iana=ind_rre

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It’s Back: (Second) Most Expensive Home Relisted at $159 Million
It’s natural to wonder what you get when you buy a $159 million house.
http://www.forbes.com/sites/betsyschiffman/2015/11/11/its-back-florida-home-relisted-at-159m/?ss=real-estate

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Most expensive neighborhoods in Washington state to buy a home
There’s one Washington state city where home prices are so high, they rank in the top 25 highest in the country.
http://www.bizjournals.com/seattle/morning_call/2015/11/these-are-the-top-10-most-expensive-washington.html?ana=e_sea_rdup&s=newsletter&ed=2015-11-11&u=ynKEvuaOP4SC/twK08H9GTqBCuk&t=1447368995

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Micro Living: How One Woman Saved $300K By Moving Into An 84-Square Foot Home
For nearly a dozen years, she’s been pioneering a new kind of American dream by dumping her possessions and moving into a 84 square foot trailer
http://www.forbes.com/sites/elizabethharris/2015/11/11/how-to-fix-an-ailing-heart-try-12-years-in-an-84-square-foot-house/?ss=real-estate

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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl

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Home Prices Are Rising Faster Than You Think
However, the price changes that matter – the real or inflation adjusted changes – may be higher than many suspect. Backing out inflation, as shown in the chart, gives real increases averaging 6.3% annually
http://www.housingviews.com/2015/10/19/home-prices-are-rising-faster-than-you-think/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+HousingViews+%28HousingViews+-+S%26P%27s+Blog+on+the+Housing+Market%29

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Home-Loan Borrowers Bypass the Banks
Almost half of home-purchase loans now come from independent mortgage companies, which say they can offer faster, cheaper loans.
http://www.wsj.com/articles/home-loan-borrowers-bypass-the-banks-1446651048

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Luxury Homes With Nature Preserves
Some developers are dedicating part of their land to nature preserves, hoping to draw in people with a passion for the environment and the outdoors
http://www.wsj.com/video/luxury-homes-with-nature-preserves/455D8DB2-B93E-4665-80D7-7CFF3EBD9F4F.html

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Number of First-Time Home Buyers Falls to Lowest Levels in Three Decades
Figure represents third straight annual decline and lowest percentage since 1987
http://www.wsj.com/articles/number-of-first-time-home-buyers-falls-to-lowest-levels-in-three-decades-1446735604

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html

Training & Continuing Education Opportunities

 

CBEDU-Logo

Coldwell Banker Bain Seal is dedicated to strengthening the knowledge of their real estate brokers in the Pacific Northwest.  They provide all Continuing Education clock hour courses needed for renewing broker’s real estate licenses & additional training opportunities.  If you are a real estate broker with Coldwell Banker Bain -or- Coldwell Banker Seal and are looking for clock hours to renew your license, or just need to brush up on your marketing or tech skills, check out the info below.   Note:  We add courses on a regular basis. Please plan ahead by preregistering and referencing these calendars.  Also, some classes includes clock-hours and others do not — remember to double check before registering!

http://cbbainsealtraining.eventbrite.com/

Coldwell Banker BAIN – Live Classes & Online Webinars:

Coldwell Banker SEAL – Live Classes and Online Webinars:

Non CB Bain | CB Seal Clock Hours:

Below is more information about upcoming real estate clock hours if you need to get clock hours.  NOTE: some of these classes will cost money and are not affiliated with Coldwell Banker Bain or Coldwell Banker Seal.

Relevant News Links – November 6th 2015

RNL

“My heroes are those who risk their lives every day to protect our world and make it a better place—police, firefighters, and members of our armed forces.”  —  Sidney Sheldon _______________________________________________________________________________________

Real Estate Agents: Still Primary Source for Homes
New NAR data from the 2015 Profile of Home Buyers and Sellers shows that the first step in the buying process is to look online
http://economistsoutlook.blogs.realtor.org/2015/11/06/real-estate-agents-still-primary-source-for-homes/

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How a Slow 4Q Could Help Title Insurers with TRID
Title insurers are bracing for a bumpy fourth quarter due to the Consumer Financial Protection Bureau’s new mortgage disclosure rules. But the timing of the regulation might actually help get the short-term pains out of the way during what’s typically a slower period of mortgage activity
http://www.nationalmortgagenews.com/news/origination/how-a-slow-4q-could-help-title-insurers-with-trid-1065374-1.html

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Home Sales Profits Up While Appreciation Slows Down: RealtyTrac
Profits on home sales reached their highest point in eight years in the third quarter despite a slowing-down of appreciation rates, according to RealtyTrac’s U.S. Home Sales Report.
http://www.nationalmortgagenews.com/news/origination/home-sales-profits-up-while-appreciation-slows-down-realtytrac-1065370-1.html

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Average US rate on 30-year mortgage jumps to 3.87 percent
Average long-term U.S. mortgage rates rose sharply this week amid growing expectations that the Federal Reserve may soon raise its key short-term interest rate.
http://www.seattletimes.com/business/average-us-rate-on-30-year-mortgage-jumps-to-3-87-percent/

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The Best Place to Own a Home

IN AMERICA
The Best Place To Own A Home In America survey polled a representative sample of 10,007 US homeowners across a variety of dimensions including safety, climate, commute times, access to education, taxes, real estate trends and more to gauge homeowners’ sentiment about the cities and communities where they live.
https://porch.com/best-place-to-own-a-home

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Economic opportunity lands Seattle at No. 10 best city to own a home
Seattle’s booming economy isn’t just good for employment and companies that do business here.
http://www.bizjournals.com/seattle/morning_call/2015/11/economic-opportunity-lands-seattle-at-no-10-best.html?iana=ind_rre

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The Affordable Wonder of Laser-Cut Décor
Newly precise, efficient and accessible laser-cutting technology is bringing once stratospherically priced home-décor ornamentation down to earth
http://www.wsj.com/articles/the-affordable-wonder-of-laser-cut-decor-1446753349

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The $1 Million Aquarium: Customized Fish Tanks as Home Décor
Some homeowners like their art underwater, putting in luxury aquariums with ‘aquascapes’ that re-create a rainforest or a favorite dive
http://www.wsj.com/articles/the-1-million-aquarium-customized-fish-tanks-as-home-decor-1446741562

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On Friday, the First Thing We Do, Let’s Love All the Lawyers
Attorneys court recognition, but will they find suitors?
http://www.wsj.com/articles/on-friday-the-first-thing-we-do-lets-love-all-the-lawyers-1446774232

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First-time Buyers Fall Again in NAR Annual Buyer and Seller Survey
The share of first–time buyers declined for the third consecutive year and remained at its lowest point in nearly three decades as the overall strengthening pace of home sales over the past year was driven more by repeat buyers with dual incomes, according to an annual survey released today by the National Association of REALTORS®
http://www.realtor.org/news-releases/2015/11/first-time-buyers-fall-again-in-nar-annual-buyer-and-seller-survey

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Existing-Home Sales Regain Momentum in September
Existing–home sales rebounded strongly in September following August’s decline and have now increased year–over–year for 12 consecutive months, according to the National Association of Realtors®. All four major regions experienced sales gains in September.
http://www.realtor.org/news-releases/2015/10/existing-home-sales-regain-momentum-in-september

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2016 NAR Statistical News Release Schedule
All releases at 10:00 a.m. Eastern Time. This schedule is also available in .pdf format.
http://www.realtor.org/newsroom/2016-nar-statistical-news-release-schedule

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Infographic: 2015 Profile of Home Buyers and Sellers
The information in this infographic is from the Profile of Home Buyers and Sellers.
http://www.realtor.org/infographics/infographic-2015-profile-of-home-buyers-and-sellers

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6 steps for increasing value through customer diagnosis
Conducting a good customer diagnosis upfront earns trust, uncovers business opportunities, ensures the right solution is being used to achieve the customer’s objectives and increases customer satisfaction.
http://www.bizjournals.com/seattle/how-to/marketing/2015/11/increasing-value-through-customer-diagnosis.html

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Metro Portland region foreclosure rates continue on the same path
Homeowners in the Portland metro region continue to see lower rates of foreclosure than the rest of the nation.
http://www.bizjournals.com/portland/blog/real-estate-daily/2015/11/metro-portland-region-foreclosure-rates-continue.html?iana=ind_rre

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Researchers find oddity in Northwest’s greatest earthquake threat
Hey Pacific Northwest, meet Gorda — the newest threat to your peace of mind.
http://www.seattlepi.com/science/article/Researchers-find-oddity-in-Northwest-s-greatest-6613012.php

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Neil Young lists Hawaiian estate for $24.5 million
Neil Young’s piece of paradise could be yours– if you’ve got $24.5M: his gorgeous estate now joins a growing number of extremely high-end properties for sale in Hawaii.
http://www.seattlepi.com/realestate/article/Neil-Young-lists-Hawaiian-estate-for-24-5-million-6476455.php

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Watch People in Other Industries React Hilariously to Being Asked for Free Spec Work
People in other industries don’t provide their would-be clients with “spec work” for free. That would be asinine. So, why do advertising agencies continue to do it?
http://www.adweek.com/adfreak/watch-people-other-industries-react-hilariously-being-asked-free-spec-work-167945

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Highlights From the 2015 Profile of Home Buyers and Sellers
This annual survey conducted by the NATIONAL ASSOCIATION OF REALTORS® of recent home buyers and sellers provides insight into detailed information about their experiences with this important transaction. Here are highlights from the latest report.
http://www.realtor.org/reports/highlights-from-the-2015-profile-of-home-buyers-and-sellers

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Home Buyers Getting Older, Wealthier
Jessica Lautz, NAR’s Director of Survey Research and Communications, discusses the findings from the 2015 Profile of Home Buyers and Sellers.
https://www.youtube.com/watch?v=xJqWN92UFDM

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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl

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Home Prices Are Rising Faster Than You Think
However, the price changes that matter – the real or inflation adjusted changes – may be higher than many suspect. Backing out inflation, as shown in the chart, gives real increases averaging 6.3% annually
http://www.housingviews.com/2015/10/19/home-prices-are-rising-faster-than-you-think/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+HousingViews+%28HousingViews+-+S%26P%27s+Blog+on+the+Housing+Market%29

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Home-Loan Borrowers Bypass the Banks
Almost half of home-purchase loans now come from independent mortgage companies, which say they can offer faster, cheaper loans.
http://www.wsj.com/articles/home-loan-borrowers-bypass-the-banks-1446651048

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Luxury Homes With Nature Preserves
Some developers are dedicating part of their land to nature preserves, hoping to draw in people with a passion for the environment and the outdoors
http://www.wsj.com/video/luxury-homes-with-nature-preserves/455D8DB2-B93E-4665-80D7-7CFF3EBD9F4F.html

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Number of First-Time Home Buyers Falls to Lowest Levels in Three Decades
Figure represents third straight annual decline and lowest percentage since 1987
http://www.wsj.com/articles/number-of-first-time-home-buyers-falls-to-lowest-levels-in-three-decades-1446735604

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The MarketPulse
The MarketPulse provides monthly insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics
http://www.corelogic.com/about-us/researchtrends/the-marketpulse.aspx#.VNVmOPmjNpU

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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahb.org/reference_list.aspx?sectionID=819&channelID=311

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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm

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U.S. Housing Market Tracker
The U.S. housing market has struggled to find equilibrium after the bubble of the past decade. Here’s a look at where various gauges of supply and demand stand today.
http://graphics.wsj.com/us-housing-market/

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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html

Real Estate Training & Clock Hour Classes

cont ed

Coldwell Banker Bain Seal is dedicated to strengthening the knowledge of their real estate brokers in the Pacific Northwest.  They provide all Continuing Education clock hour courses needed for renewing broker’s real estate licenses & additional training opportunities.  If you are a real estate broker with Coldwell Banker Bain -or- Coldwell Banker Seal and are looking for clock hours to renew your license, or just need to brush up on your marketing or tech skills, check out the info below.   Note:  We add courses on a regular basis. Please plan ahead by pre-registering and referencing these calendars.  Also, some classes includes clock-hours and others do not — remember to double check before registering!

http://cbbainsealtraining.eventbrite.com/

Coldwell Banker BAIN – Live Classes & Online Webinars:

Coldwell Banker SEAL – Live Classes and Online Webinars:

Non CB Bain | CB Seal Clock Hours:

Below is more information about upcoming real estate clock hours if you need to get clock hours.  NOTE: some of these classes will cost money and are not affiliated with Coldwell Banker Bain or Coldwell Banker Seal.