Aerial view of neighborhood.

How Will an Uptick in Foreclosures Affect Real Estate Markets?

Blog Contributor Business Challenges, Rental Properties 4 Comments

By Neil Goradia

As of the first quarter of 2021, there were 33,699 properties with foreclosure filings in the U.S., according to ATTOM Data Solutions. That’s up 9% from the previous quarter, but down 78% from the first quarter of 2020—largely pre-pandemic. The rate of foreclosure in Colorado is less than 2%, which is historically low, however, for most of …

Illistration of three people bidding on a house

3 Reasons for Extreme Buyer Demand

Blog Contributor Buyers, Residential Real Estate, Sales & Marketing, Sellers 3 Comments

By Hazel Emlen

One of the hottest topics nationwide right now is real estate. Some of the big questions people are asking out there are: How is our real estate market doing? Is it a good time to sell? To buy? How are the interest rates? If you were to ask any real estate professional in any part of the …

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Is the Market Shifting?

Blog Contributor Business Challenges, Sales & Marketing 2 Comments

By Jennifer Klein and Derek Sandoval There is a shift toward a seller’s market in many areas of the country. Placer County Association of REALTORS® YPN members Jennifer Klein and Derek Sandoval discuss contributing factors, including lack of inventory and fewer distressed properties. Jennifer Klein is a REALTOR® in Northern California who is experienced in short sales, investments, and property …

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Have Prices Really Hit Bottom?

Blog Contributor Being a REALTOR®, Business Challenges, Sales & Marketing 9 Comments

By Brooke Wolford Most have us have been hearing lately that prices have hit bottom.  If you are like me, you are almost scared to say it. I say it quietly, so if I am wrong, maybe nobody will hear me. Many of us have been nervous to say anything.  Looking back over the past several years, how many times …

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Business Planning for 2012

Blog Contributor Business Challenges, Helpful Tools, Professional Development, Sales & Marketing 1 Comment

By Rob Reuter, YPN Manager It’s official: 2012 has kicked into full gear. If you haven’t already, now is the time to start your business planning.  Elizabeth Mendenhall, 2012 chair of NAR’s Strategic Planning Committee, recently asked YPN members what kind of statistics they consider when forming their annual business plan.  From my former selling days, I focused mainly on …