Tuesday, July 24, 2012

Dangers Lurk for Real Estate Agents, Echo Boomers to Play Key Role in Future Home Market


Most real estate agents—from Pennsylvania agents to professionals holding South Carolina real estate continuing education—are unaware or unmindful of the dangers of their work. It is not a job that usually carries with it the dangers of say a policeman’s—but it can be dangerous, as a Pennsylvania realtor found out recently.

On May 21, agent Sharron Minnich of Prudential Bob Yost Realtors in West York was abducted and forced at knifepoint to withdraw money from an automatic teller machine.

The abductor, who posed as a prospective buyer, was arrested shortly after the incident. The incident exemplifies the dangers that real estate agents constantly face but unfortunately consistently are underappreciated as they go about their tasks, which regularly include holding open houses for sellers, driving buyers around to show them properties, or simply meeting a prospective client for the first time.

Friday, July 6, 2012

Housing Market Stabilizes as Inventories Shrink Nationwide


Despite reports that in a handful of states, notably California, housing-inventory contraction has gone too far, the housing markets nationwide continue to stabilize, according to data gathered by realtor.com from 146 metros up to May 2012.

If you’re a professional agent with, say, a renewed license in South Carolina and looking this year to take full advantage of the resurgence of the real estate industry, now’s a very good time to do it.

According to the real-estate-listings online source, May built on the previous month’s year-over-year positive trajectory: for-sale inventory fell 20.07 percent, median age of for-sale inventory dropped 9.78 percent, and median list prices climbed 3.17 percent to $194,900.