News | Professional Builder

The peak spring season is nigh in real estate, and as sellers prepare to list their homes, they'd do well to keep the following best practices in mind to maximize profits.

Sellers' Spring To-Do List

Based on data analysis of home values, days on market, share of homes sold at a loss, closing costs, and the number of local real estate offices, a new study ranks the best sellers markets in the U.S. today. All 10 of the best sellers' markets in the nation are located in the West, and the best of the best are in Arizona and California. The Golden State and the Grand Canyon State have four cities each in the top 10, and Arizona has the top two cities overall in SmartAsset's ranking. Nevada and Colorado are

10 Best Seller Markets

A new study finds that iBuyers, institutional buyers like Redfin and Opendoor, have a growing presence in the Phoenix real estate market.

iBuyer Impact in Phoenix

Sales + Marketing

Facebook is overhauling its advertising platform in the wake of accusations that it helped enable housing discrimination. This and other coming changes from the tech giant may have a major impact on housing.

Here's How Facebook's Policy Shifts Affect Housing

The Federal Housing Administration recently informed lenders that it would be flagging more loans as high risk, as part of an overall effort to tighten the manual underwriting process.

FHA Flagging More Loans for Risk

Industry Data + Research

Following the 2019 International Builders' Show, the team at John Burns Real Estate Consulting (JBREC) identified the top 5 product design trends for the year.

Top 5 Products Design Trends

New Construction Projects

Construction of single-family homes fell to a more than 18-month low in February, as housing starts declined 8.7 percent to a seasonally adjusted annual rate of 1.162 million units.

February Starts Data

A forthcoming Federal Reserve report will quantify how student debt impacts homeownership rates among adults aged 24 to 32 years old, further clarifying previous studies showing a negative relationship between that debt, which recently topped $1.5 trillion, and either a delay in homebuying or forgoing it altogether among Millennials.

Debt Depression

Microsoft recently announced a $500 million affordable housing initiative for the Seattle area, yet another example of a private, non-housing entity getting involved in the industry to address issues of affordability and homelessness.

Public Issues, Private Funds

request for quotation_materials supplier or trade partner RFQ_RFQ checklist

Make This Your RFQ Checklist for Greater Efficiency and Better Margins

AtlasRTX makes chatbots for home builders sales teams. This software solution to may revolutionize the marketing process, and may be a sign of the sales experience homebuyers come to expect

Let's Chat, Bot

Industry Data + Research

For young Millennials and homebuying Generation Z-ers aged 20 to 29 years, these 10 markets are the most popular in the nation. Only one metro per state was included in the study.

10 Top Markets for Young Buyers

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The peak spring season is nigh in real estate, and as sellers prepare to list their homes, they'd do well to keep the following best practices in mind to maximize profits.

Sellers' Spring To-Do List