Friday, June 17, 2011

Friday Facts June 17, 2011

FRIDAY FACTS
June 17, 2011

NAR’s recently released 2011 Realtor Profile puts the median age of a Realtor at 56, up from 54 last year. 12% were under 40, 50% were between 40 and 59, and 38% were above 60. 57% were female.

Hitwise rankings of Internet real estate sites for April were: #1-Realtor.com with 6.5% market share, #2-Yahoo Real Estate 6.10%, #3-Zillow 5.52%, #4-Trulia 4.75%, and #5-AOL Real Estate 2.91%

Inman News notes that April foreclosure starts fell below 200,000 for the first time in years, but cautioned that there are more than 4 million homes are already in foreclosure and more than 90 days delinquent.

LinkedIn Today reports that the Case Shiller National Home Price Index was down 4.2% in Q1 of 2011 after a drop of 3.6% in Q4 of 2010. The National Index, the 20 City Composite, and the 12 MSA’s (Metropolitan Statistical Areas) all hit new lows through March 2011.

The Real Trends Blog gave tips on show casing the stand out features of your open house:
Display features and benefits visually. For example, a solid oak front door with heavy duty hardware heightens security and minimizes exterior noise. Create a tent card noting that.
Provide custom display boards with neighborhood market data such as DOM stats, and recent pending and sold information
Display a community board with population, demographics, parks, services, schools, shopping, etc.

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