PowerSite Profile – A Castle Hayne, NC Home Using the New PowerSite Premium Single Property Website

Rob Warwick

Rob Warwick

Rob Warwick is a native “Wilmingtonian” and enjoys everything that Wilmington has to offer. He has worked in customer service and sales prior to joining the team and brings that same mindset to helping his clients. Rob graduated from UNC-Wilmington with a degree in Communication Studies. When not in the office or working with clients, you will find him somewhere outdoors either boating, hunting, or spending time with his dog. He is also actively involved with Ducks Unlimited in the Wilmington area. And he is using our new PowerSite Premium single property Website product to market his latest listing:

www.36holland.com

Each PowerSite Premium is a responsive, custom built Website that includes full screen, high resolution images of an individual home for sale.

36 Holland Drive, Castle Hayne, NC 28429

As you can see, Rob has added a detailed description, documents, lots of high-resolution photos and a video:

Nice job Rob!

Every PowerSite Premium includes:

  • Full screen, high-resolution images
  • Lead generation contact links
  • A property summary
  • The ability to embed video
  • Agent photo, information and bio
  • Social media links
  • Address specific mapping
  • Brokerage logos and links

If you’re interested in hearing more information about our single property Websites or Facebook business page design services, or just want to know how to add a video to your Website, contact us! And remember with our subscription service you can create unlimited single property Websites for a low monthly fee :)

Smart Cities: How Technology Will Change Our Buildings

Since founding OVG Real Estate in 1997, Coen van Oostrom (1970), entrepreneur and a champion of sustainability and smart technology in real estate, built the company into the largest commercial property developer and investor in the Netherlands and one of the largest in Europe. OVG is recognized for its sustainable development and innovations in the real estate sector by many international parties and received international prizes like the Corenet Sustainable Leadership Award and the H. Bruce Russel Global Innovator’s Award. OVG’s most recent development The Edge in Amsterdam is recently recognized as the ‘most sustainable office building in the world’ according to BREEAM.

Coen aspires for OVG to be game-changers in the real estate industry by challenging perceptions of what is possible in the built-environment.

Renters Can Buy Without Increasing Their Monthly Housing Costs

Median rent is more expensive than the mortgage payment on a median valued home in the U.S., but many renters are struggling to come up with a down payment

Seattle, WA – April 28, 2017 (PRNewswire) Rent is so high that a typical renter in the U.S. can purchase a home nearly 50 percent more expensive than the median valued home and keep the same monthly housing budget, according to a new Zillow® analysis.

Zillow Logo

The median rent in the U.S. is $1,416 per month, which is enough to cover the monthly expenses associated with owning a $289,505 home. The median U.S. home value is $196,500.

Rent is more expensive than ever before. Affordability is a growing concern across the country, and rent requires almost half of the median income in some of the nation’s most expensive markets. A mortgage payment is cheaper than a rental payment on a monthly basis, but saving enough money for the down payment is holding back many renters from crossing over into homeownership.

Zillow analyzed the median rent payment in cities across the country to determine how much home a prospective buyer could afford without spending more on a mortgage than they were currently spending on rent. Zillow factored in all monthly homeownership costs, such as property taxes, maintenance and insurancei. In 37 of the 50 cities Zillow analyzed, renters could buy a home worth more than the median valued home in their city without spending more on monthly housing costs.

Renters paying the median rent in Cleveland and Milwaukee can afford to buy a home more than twice as expensive as the local median home value. In Cleveland, prospective buyers can buy a home valued at $174,194 while keeping all monthly housing costs the same — this represents more than 80 percent of homes currently on the market.

San Francisco is one of the only cities in the country where a monthly rental payment would not cover the costs of owning the median valued home. Renters in San Francisco who want to keep monthly expenses the same would have to buy a home valued at $865,857, representing just 23 percent of homes currently on the market. The median home value in the city of San Francisco is over $1 million.

“Renters hesitant to enter the home buying market for fear of not being able to find an affordable home should be encouraged to discover they may have more options than they thought,” said Zillow Chief Economist Dr. Svenja Gudell. “However, it’s worth noting that many of the more affordable homes for sale may be older, smaller and/or located in less-desirable neighborhoods than they might like. The decision between buying and renting is a financial trade-off between saving more each month on a mortgage payment versus spending more on rent but taking advantage of the location and lifestyle amenities urban renting often offers. Recent slowdowns in rent growth may take some of the edge off for renters saving to become homeowners. This is good news, since saving a down payment, qualifying for a loan and finding a home available at a manageable price remain hurdles for millions of aspiring buyers.”

Nearly half of all buyers are entering the market for the first-time, according to the 2016 Zillow Group Report on Consumer Housing Trends. The majority of all buyers stay within the same city when they move.

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Zillow

Zillow® is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the place they call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics and analytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housing data and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price Expectations Survey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow Home Value Index over the next five years. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z and ZG), and headquartered in Seattle.

Zillow is a registered trademark of Zillow, Inc.

(i) This analysis assumes a 20% down payment, and property taxes of 1% of the home value annually, maintenance costs of 1% of the home value annually, and homeowners’ insurance of 0.5% each year.

(ii) The Zillow Rent Index (ZRI) is the median Rent Zestimate® (estimated monthly rental price) for a given geographic area on a given day, and includes the value of all single-family residences, condominiums, cooperatives and apartments in Zillow’s database, regardless of whether they are currently listed for rent. It is expressed in dollars.

(iii) The Zillow Home Value Index (ZHVI) is the median estimated home value for a given geographic area on a given day and includes the value of all single-family residences, condominiums and cooperatives, regardless of whether they sold within a given period. It is expressed in dollars, and seasonally adjusted.

Realtors® Support Pam Patenaude Nomination for HUD Deputy Secretary

Washington, D.C. – April 28, 2017 (nar.realtor) The Trump administration today announced the nomination of Pam Patenaude as deputy secretary. Following is a statement from NAR President William E. Brown on the nomination:

Pam Patenaude

Pam Patenaude

“The National Association of Realtors® commends the Trump administration for its nomination of Pam Patenaude for the position of deputy secretary.

“Pam’s extensive and strong background in real estate and housing will be an asset, and NAR has long enjoyed a strong relationship with Pam working on and advancing regulatory and policy initiatives.

“Pam is an ideal candidate for the position; she understands the issues that impact the industry and our Realtor® members, and we look forward to continuing our work together with HUD and Pam upon her confirmation to ensure that owning a home remains accessible and affordable so that more individuals can realize their dream of homeownership.

“We encourage the Senate to move quickly and confirm her nomination.”

NAR logo

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.

Media Contact:

Sara Wiskerchen
(202) 383-1013
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