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The 3 Reasons the next 90 Days are Crucial to your Career

The 3 Reasons the next 90 Days are Crucial to your Career. Foot Traffic (indicator of future sales). We’ll Crush 2014 Production NEXT YEAR. Projected Total Home Sales (Existing & New Construction in millions). HOME PRICES. Home Price Expectation Survey.

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The 3 Reasons the next 90 Days are Crucial to your Career

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  1. The 3 Reasons thenext 90 Days areCrucial toyourCareer

  2. Foot Traffic (indicator of future sales)

  3. We’ll Crush 2014 Production NEXT YEAR

  4. Projected Total Home Sales (Existing & New Construction in millions)

  5. HOME PRICES

  6. Home Price Expectation Survey A nationwide panel of over one hundred economists, real estate experts and investment & market strategists.

  7. Cumulative House Appreciation by 2019 32.8% 32.8% 23.5% 15.1% Bulls All Projections Bears Home Price Expectation Survey 2014 4Q

  8. RISING MORTGAGE INTEREST RATES

  9. Mortgage Rate Projections 11/2014

  10. “While higher interest rates generally detract from housing activity, when they occur with strong job and income growth the net result can be increases in household formations, construction, and home sales. Our view for 2015 is exactly that, namely, income and job growth offset the negative effect of higher interest rates and translate into gains for the nation’s housing market.” - Freddie Mac

  11. May 2000 July 1984 October 1987 December 1994 Dramatic Mortgage Rate Increases May 1983 March 1987 October 1993 April 1999 Real Estate Value Change During Each Time Period

  12. NEW 3% DOWN PROGRAMS

  13. Over 3,000 shares

  14. MILLENNIAL BUYERS

  15. Percentage of Income…

  16. More or Less Affordable? Renting a Home Buying a Home …in the third quarter than it was in the pre-bubble years (1985 -1999)

  17. Percentage of Millennials that are 1st Time Home Buyers

  18. Purchase Price Distribution of Homes Purchased by Millennials

  19. Top 5 Reasons for Millennial Buyers to Move To establish own household Needed larger unit Want to Own New job or job transfer Live in a higher quality unit

  20. Top 5 Reasons Millennial Buyers Choose a Home Financial Reasons Like the Size Layout/Design Like the Neighborhood Construction Quality

  21. Buyers’ Guide

  22. EXPIRED LISTINGS

  23. Re-Up their listings that are about to Expire

  24. List EVERY expired listing in January

  25. eGuides Available

  26. FSBOs as a Percentage of all Home Sales The percentage of homes selling as a FSBO has decreased from 19% to 9% in the last 20+ years

  27. Typical Sold Price* FSBO vs. Agent $235K $209K By AGENT By FSBO *The ‘typical’ price is actually the average price in the survey. However, studies have shown that people are more likely to FSBO in markets with lower price points.

  28. Where Buyers Find the Home They Purchase Over the Last 10 Years by percentage The Internet Yard Signs Newspapers

  29. % of Buyers who used an Agent NAR

  30. Sellers’ Guide

  31. Thursday, February 19th 2PM EST

  32. Next Strategy Call Wednesday, March 11th 2PM EST

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