Real Estate News Now: October 24, 2016


The articles in this edition of Champions School of Real Estate’s Real Estate Now groups articles that range from expert opinions about why now is the best time to purchase a home, how millennials are shaping the housing market, what smart-home additions and convenience updates will add resale value to a home, tips and strategies on networking and creative selling for Realtors and more!

Take a look through them and don’t forget; there’s something for everyone to read, so make sure to share what articles resonated with you the most with your friends and your thoughts in the comments at the Champions School of Real Estate Facebook and Twitter pages!

1.  Game of Homes The Supply-Demand Struggle

“Texas’ strong demand for single-family homes coupled with constrained supply has led to tight inventories nd rapid price appreciation. Residential construction is unable to keep up with demand bacause of a constrained lot and labor sohrtages. The result: higher land and labor costs and declining affordability in the state.”

2.  Housing Guru Ivy Zelman: It’s the best time to buy a house

“Zelman: Housing market looks very good overall Zelman: Housing market looks very good overall 3 Hours Ago | 05:00 Housing guru Ivy Zelman told CNBC’s “Fast Money Halftime Report” on Monday that “now” is the best time to buy a house. “It’s the best time in the history of our country with mortgage rates that are below 4 percent that [renters] can actually lock in their fixed cost and create wealth for themselves,” she said.”

3.  Here’s How Millennials Are Shaping the Housing Market

“If you think millennials aren’t buying houses, think again: Half of home buyers haven’t even reached age 40 yet, a new report finds. The latest study on consumer housing trends from Zillow finds that about half of home buyers are under the age of 36. The market is also comprised heavily of first-time buyers: 47% of those buying and 63% of those selling a home are doing so for the first time.”

4.  Smart-Home and Other Convenience Updates That Add Resale Value

“Whether it’s a new state-of-the-art kitchen, a landscaped front yard or the addition of a top floor and roof deck on a townhouse, some updates can translate to real value on the resale of a luxury property, while others can fall flat.”

5.  5 creative solutions that will close any real estate deal

“The real estate world desperately needs to shift away from the mindset of “selling houses” and start embracing the idea of “selling solutions.” It’s time to think outside the box and confront the common issues that derail deals.”

6.  5 Networking Skills Every Real Estate Agent Must Have

“In real estate, we have to always be getting ourselves out in the public eye. Meeting new people, making a great first impression, creating interesting conversations, these are essential skills for a real estate agent. It doesn’t have to be a chore, although sometimes it feels like it. There are a few things you need to be aware of in order to improve your networking.”

There’s something for everyone to read, so make sure to share your thoughts with is over at the Champions School of Real Estate facebook and twitter pages!

Enjoy your read — see you next week! Do you have a response or is there a relevant article I should have included? Send me an email with all questions, opinions, and suggestions to!

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This entry was posted in Testing by Karla Lárraga.
Karla Lárraga

About Karla Lárraga

Karla Lárraga is the Communications Director for Champions School of Real Estate® and Champions School of Business Etiquette® statewide. With active social media channels on Facebook, Twitter, Google+, Pinterest and more, Karla enjoys sharing everything Champions - be sure to stop by and say hello or drop her a note at

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