Archive for Amanda Cornelius | Blog.PropertiesOnline.com

NAR 2013 RECAP

For those of you who could attend the National Association of Realtors (NAR 2013) annual trade show last week, we know you had a great time in beautiful San Francisco. For those who couldn’t make the trek, we thought you might enjoy a short video that highlights a few of our favorite tools from this years EXPO.

WindoVision

TouchPoint Systems has interactive audio/visual displays to attract prospects, engage them with thru-glass technology and collect their information even while you’re closed! See photos attached or call 1-800-714-1310 for a free online presentation.

Bomb Bomb

With Bomb Bomb you can easily create, send, and track all the results of both traditional and video emails. Send rich video emails, simple video messages, or even traditional text and image emails.

SmartZip

SmartTargeting, powered by SmartZip, is the leading real estate predictive marketing platform with thousands of agents utilizing its sophisticated seller targeted solution. Rather than mass marketing, you’ll have the scientific data to focus your efforts on homeowners that are most likely to sell in the next 6-12 months.

Ignite Video

The Ignite Video app allows you to shoot, edit and share your videos with the world. With our easy tools, you will be promoting your business and your products with video in no time.

Cirrus Rotors

Cirrus Rotors & Helicopters specialize in ready to fly rigs for cinematographers and photographers.

House Canary, Inc. Launches Real Estate Prediction Tool

House Canary, Inc. announced on Tuesday that is has launched an advanced big data and analytics platform that accurately forecasts real estate values across all 381 US metro areas. House Canary, a real estate predictive analytics company, is a homeowner’s “canary in the coal mine”, providing advance notice of downturns and upturns in the real estate market.

HouseCanary.com provides property owners in the US with a simple and accurate forecast for what is likely to happen to home values in their area over the next few years. While a home represents most people’s single largest investment in life, there is insufficient information available to help people understand likely future real estate price swings in their area and appropriately plan. HouseCanary is launching a free-mium web service to help homeowners create value. Why? “Our goal is to arm every current and future homeowner, who has most of their net worth wrapped up in their home, with better information about their home’s future value, and why it is likely to change,” states HouseCanary’s Founders.

HouseCanary is both highly reputable and accurate. Using real estate big data dating back over 40 years, the company creates accurate monthly forecasts up to 36 months into the future, with an average of 0.93 r-squared; meaning the forecasts explain over 90% of future movement in real estate markets. The company employs rigorous techniques in statistics and econometric analysis, utilizing real estate and economic data combined with search trend data, social sentiment, and proprietary local social metrics that help provide insight into the behavioral element that drives real estate markets.

By combining real estate and social data with predictive algorithms to produce accurate forecasts, “HouseCanary has done the impossible, coming up with amazingly accurate models that allow individuals and institutions to more easily navigate the complex and confusing landscape of real estate data,” says Lee Sherman, co-founder of Visual.ly. “We’re excited to partner with them to power their interactive visual infographics.”

HouseCanary also serves the most sophisticated institutions, including homebuilders, mortgage banks and REIT’s with highly detailed predictive forecasts. For Institutional clients, HouseCanary provides details on the drivers of the forecasts, and sensitivities for how changes in interest rates and other factors will affect prices going forward in each market.

Stay tuned for major new developments from HouseCanary that will be coming out very soon.

About HouseCanary, Inc.
HouseCanary is a real estate predictive analytics company that combines state-of-the-art big data approaches, predictive analytics, and data visualization to accurately forecast and communicate future real estate values at the metro and zip code level. HouseCanary serves institutional clients, investors, realtors and consumers. HouseCanary was founded by a team that includes former partners from the world’s leading strategy consulting firms and Statistics PhD’s from leading universities. To learn more about HouseCanary, please visit Housecanary.com or call +1 888 818 6328.

Media contact:
HouseCanary PR
Email: PR@HouseCanary.com
Phone#: 888-818-6328

Top 12 Cities where Home Prices have risen the most

This is very good news for my fellow Californians where 4 of the top 12 cities are located in our state! The following 12 cities experienced the largest percentage increases in home prices among cities with populations of more than 250,000 from 3/2012 – 3/2013.

12. Boise, Idaho

One-year change in home prices: +15.6%
Median home price: $127,000
Change in price since 2006 peak: -36.3%
Unemployment rate: 6.5%
Foreclosure rate: 1 in every 243 households (High)
Distressed sales: 17.8%

11. Santa Rosa, California

One-year change in home prices: +15.9%
Median home price: $380,000
Change in price since 2006 peak: -38.4%
Unemployment rate: 7.6%
Foreclosure rate: 1 in every 369 households (Low)
Distressed sales: 25.8%

10. Atlanta, Georgia

One-year change in home prices: +17.4%
Median home price: $115,400
Change in price since 2006 peak: -42.8%
Unemployment rate: 8.3%
Foreclosure rate: 1 in every 154 households (High)
Distressed sales: 28.3%

9. San Francisco/Oakland, California

One-year change in home prices: +17.9%
Median home price: $470,000
Change in price since 2006 peak: -38.7%
Unemployment rate: 7.1%
Foreclosure rate: 1 in every 392 households (Low)
Distressed sales: 12.2%

8. Reno, Nevada

One-year change in home prices: +18.3%
Median home price: $240,000
Change in price since 2006 peak: -49.2%
Unemployment rate: 9.6%
Foreclosure rate: 1 in every 221 households (High)
Distressed sales: 34.5%

7. Sacramento, California

6. San Jose, California

One-year change in home prices: +19.0%
Median home price: $660,000
Change in price since 2006 peak: -22.6%
Unemployment rate: 7.6%
Foreclosure rate: 1 in every 583 households (Low)
Distressed sales: 16.0%

5. Seattle, Washington

One-year change in home prices: +19.2%
Median home price: $290,000
Change in price since 2006 peak: -23.5%
Unemployment rate: 6.6%
Foreclosure rate: 1 in every 176 households (High)
Distressed sales: 20.5%

4. Las Vegas, Nevada

One-year change in home prices: +20.7%
Median home price: $149,000
Change in price since 2006 peak: -57.9%
Unemployment rate: 9.8%
Foreclosure rate: 1 in every 99 households (High)
Distressed sales: 42.9%

3. Bremerton, Washington

One-year change in home prices: +20.7%
Median home price: $225,005
Change in price since 2006 peak: -30.9%
Unemployment rate: 8.3%
Foreclosure rate: 1 in every 216 households (High)
Distressed sales: 22.6%

2. Salt Lake City, Utah

One-year change in home prices: +24.1%
Median home price: $164,100
Change in price since 2006 peak: +1.4%
Unemployment rate: 5.0%
Foreclosure rate: 1 in every 215 households (High)
Distressed sales: 16.6%

1. Phoenix, Arizona

One-year change in home prices: +26.2%
Median home price: $174,900
Change in price since 2006 peak: -46.5%
Unemployment rate: 6.7%
Foreclosure rate: 1 in every 184 households (High)
Distressed sales: 21.7%

Source: Clear Capital, Yahoo News

Century 21 Real Estate Partners with Properties Online, Inc…

Century 21 Real Estate Partners with Properties Online, Inc. to Provide Custom Websites for Every Property Listing

Unique Property Websites Designed to Help CENTURY 21 Real Estate Professionals Capture More Listings, Attract More Buyers and Grow their Business

MADISON, N.J. 06-18-2013 —

Century 21 Real Estate LLC, the franchisor of the world’s largest real estate sales organization, today announced another key element in its powerful set of tools available for use by the professional sales associates who represent the brand across the United States. The company announced a new relationship with Properties Online, Inc. that will provide CENTURY 21® real estate professionals with unique property websites for every property listing. The websites are automatically generated each time a new listing appears on century21.com, and will showcase the properties of home sellers who list with a CENTURY 21 sales professional.

The CENTURY 21 unique property websites are designed to showcase individual properties so that they are more visible and more easily found by homebuyers. They feature recognizable addresses like 555AnySt.c21.com. Provided at no cost to all CENTURY 21 sales professionals, these unique property websites are optimized for mobile use and include built-in social sharing tools that help drive traffic to the sites.

“We are passionate about providing every CENTURY 21 real estate professional with best-in-class tools to successfully grow their business,” said Bev Thorne, Century 21 Real Estate LLC Chief Marketing Officer. Properties Online is delivering a valuable capability that helps us do just that. “Their proven expertise will enable our CENTURY 21 sales professionals to generate more business by utilizing one of the most effective online marketing tools available for selling real estate.”

“CENTURY 21 has assembled an extremely forward-thinking, innovative team, and we are very excited to be working with them,” said Amanda Cornelius, CEO of Properties Online, Inc. “Their marketing strategy is unparalleled, from their advertising during the Super Bowl to their online promotion, and is why they are the most respected real estate brand.”

About Century 21 Real Estate LLC
Century 21 Real Estate LLC (century21.com) is the franchisor of the world’s largest residential real estate sales organization, providing comprehensive training and marketing support for the CENTURY 21 System. The System is comprised of approximately 7,100 independently owned and operated franchised broker offices in 74 countries and territories worldwide with more than 100,000 sales professionals. Century 21 Real Estate LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.©2013 Century 21 Real Estate LLC. All Rights Reserved CENTURY 21® and the CENTURY 21 Logo are Registered Trademarks Owned By Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.. Each CENTURY 21 Office is Independently Owned and Operated.

Contacts:

Peter L. Mosca
Century 21 Real Estate
Ph: 973.407.5180
Email: peter.mosca@century21.com

2012 NAR Profile of Home Buyers and Sellers Statistics

The annual report I value most is the NATIONAL ASSOCIATION OF REALTORS® Profile of Home Buyers and Sellers. This report is packed full of useful statistics for agents and brokers who are looking to educate themselves about the sales process from the perspective of the Home Buyer and Seller. It clearly shows where agents should be focusing their marketing dollars (hint: not the newspaper) and also provides important details about the Buyers and Sellers experience during the sales transaction.

The annual report I value most is the NATIONAL ASSOCIATION OF REALTORS® Profile of Home Buyers and Sellers. This report – just released on 11/10/2012 is packed full of useful statistics for agents and brokers who are looking to educate themselves about the sales process from the perspective of the Home Buyer and Seller. It clearly shows where agents should be focusing their marketing dollars (hint: not the newspaper) and also provides important details about the Buyers and Sellers experience during the sales transaction. To purchase the complete report, you can visit the REALTOR.org store. If your a REALTOR you can download the report for $19.95 or purchase the printed and bound version for $50.00.

2012 NAR Profile of Home Buyers and Sellers

Here are the highlights:

39 percent of recent home buyers were first-time buyers, a slight rise from 2011, but closer to the historical norm of 40 percent.
65 percent of recent home buyers were married couples—the highest share since 2001. Conversely there was the lowest share of single buyers since 2001.
For 52 percent of home buyers, the first step in the home-buying process was taken online.
The typical home buyer searched for 12 weeks and viewed 10 homes—a decline from 12 homes in prior year, which speaks to the tightened inventory in many areas.
89 percent of buyers purchased their home through a real estate agent or broker, similar to last year’s report—a share that steadily increased from 69 percent in 2001.
88 percent of sellers were assisted by a real estate agent when selling their home.
Only 9 percent of recent sellers sold via FSBO sale. Among FSBO sellers who did not know the buyer prior to the sale—20 percent sold via FSBO because the buyer directly contacted them.
Approximately two-thirds of home sellers only contacted one agent before selecting the one to assist with their home sale.

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