A Free Single Property Website – The Friday Deal!

It’s Friday! This weeks deal is buy one single property Website license, get one free! And this is open to new and existing customers. That’s a $50 saving!

single property websites

Our most frequently asked questions:

Q: Is the domain name included?

A: Yes!

Q: Are there additional or recurring charges/costs?

A: No!

Q: When does the single property Website expire?

A: Each single property Website lasts one year from activation which is the moment you decide to pick a domain name and make it live. If you have multiple single property licenses they can sit in your account until you need to use them. So you can buy five to get the discounted pricing, use one today and use the others at any point in the future!

Q: What do you get with a single property Website?

A: Click here for more info.

Q: How much do single property Websites cost?

A: Click here for more info.

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Want more info? See what other agents and brokers are saying in this brief video:

MLS Photo Fail Conundrum – Should We Laugh At or Feel Empathy For The Listing Agent?

We routinely highlight some of the worst MLS photos around but recently an agent posted this comment on Really Bad MLS Photos. Kay stated:

“Some of these are indecent, but don’t “shoot the messenger” if the homeowner won’t prepare for photos or have good taste. If the kitchen is painted like a rainbow, what’s an agent to do? Neglect showing a kitchen photo?”

which promotes some questions; what can an agent do when a home is nowhere near ready to photo and market? Related but different: what should an agent do?

While it’s hard to defend some of the photos, should an agent spend time staging a home to make them more pleasing on the eye prior to taking the photo? In the context of this question ‘staging’ can mean something as simple as tidying up. For example, this photo would look a lot better sans the vacuum cleaner:

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Should the agent have closed the doors, removed the cups and wiped down the surfaces prior to taking this photo?

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And with the toilet seat down, trash can emptied and the towel removed this photo is 100% better:

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But again, how much is too much when it comes to, at a minimum, tidying up?

While you ponder the questions take a look at this home which is listed on Zillow. What, if anything, could be done in this instance?

The agent is clear:

“Attention Investors, Needs complete rehab, cash only offers considered, will not qualify for financing. Extensive mold and hoarding, house conveys “as is” with all contents. Subject to Probate Court Approval.”

And here are the photos…what say you?

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NAR Legal Update – House Passes Bill to Curb Drive-by Lawsuits Under ADA (Americans with Disabilities Act)

NAR backs a bill to give property owners a chance to correct accessibility issues before going to court. The bill passed the House on February 15th. For more information watch this video:

Home Ownership is a Distant Dream for Many Young Adults

Source: Statista

For many young people across the United Kingdom, the prospect of one day owning their own home has become a very distant dream. According to new research published by the Institute for Fiscal Studies, the chances of a young adult owning a home have more than halved over the past 20 years. A massive hike in house prices relative to income is primarily to blame and only 27 percent of 25-34 year olds earning between £22,200 and £30,600 a year owned their own home in 2016.

At regional level, London has experienced the greatest decline in home ownership among young people. In 1995-96, 47 percent of 25-34 year-olds owned their own home and by 2015-16, that had fallen dramatically to 20 percent. The North East and Cumbria has the highest rate of home ownership among young people, despite a decline of 10 percent over the past two decades.

Real Estate Infographic

Growth Outlook Unchanged Despite Recent Market Volatility

Washington, D.C. – Feb. 15, 2018 (PRNewswire) Rising long-term interest rates and soaring market volatility are not enough to alter the forecast for strong 2.7 percent real GDP growth in 2018, according to the Fannie Mae Economic and Strategic Research Group’s February 2018 Economic and Housing Outlook. With long-term Treasury yields hitting multi-year highs in February and equities experiencing a sudden repricing, downside risks to the forecast are present, particularly if the recent stock market declines are sustained and prove contagious to other markets. Strength in economic fundamentals continues to underpin the current forecast, including recent momentum in domestic demand and a historically healthy labor market. Consumer spending surged in the fourth quarter due to unsustainably strong replacement demand for vehicles damaged by the hurricanes. With that demand satiated, spending growth should moderate in coming quarters but remain the primary driver of headline growth, in part due to increased disposable income from the tax cut. Meanwhile, the generous depreciation provisions of the Tax Cuts and Jobs Act should spur strong growth in capital expenditures. Given that the economy is already approaching full employment, the passage of deficit-financed stimulus in this year’s budget will likely stoke additional overheating concerns. Finally, we expect the first rate hike of the year at the March Fed meeting, a move fully priced in by the market, with continued gradual monetary policy normalization under the new leadership of Fed Chair Jerome Powell.

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“Fiscal Policy and the Fed: Stimulus/Response – our 2018 theme – will be paramount in the months ahead as the economy navigates newfound turbulence and heightened inflationary concerns,” said Fannie Mae Chief Economist Doug Duncan. “While our 2018 growth forecast remains unchanged, upside and downside risks are emerging that are contingent on those policy influences. Legislatively, stimulus from tax reform and the recently passed budget could add to growth. However, if additional growth is accompanied by signs – or even fears – of inflationary pressure, it could complicate the Fed’s attempt at a ‘soft landing’ and may require more aggressive monetary action. On housing, we upped this year’s 30-year fixed mortgage rate forecast by 30 basis points to an average of 4.4 percent during the fourth quarter as a result of the unexpected spike in long-term interest rates at the start of the year. However, we don’t expect rates to play much of a role in total home sales, especially with anticipated stronger disposable household income growth. The ongoing inventory shortages should continue to constrain sales despite otherwise ripe home buying conditions.”

Visit the Economic & Strategic Research site at www.fanniemae.com to read the full February 2018 Economic Outlook, including the Economic Developments Commentary, Economic Forecast, Housing Forecast, and Multifamily Market Commentary.

Opinions, analyses, estimates, forecasts, and other views of Fannie Mae’s Economic & Strategic Research (ESR) Group included in these materials should not be construed as indicating Fannie Mae’s business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, and other views published by the ESR Group represent the views of that group as of the date indicated and do not necessarily represent the views of Fannie Mae or its management.

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit fanniemae.com and follow us on twitter.com/fanniemae.