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Tag Archives: title company
How to Calculate Farm Turnover
Another question to consider: what is the percentage of homeowners vs. absentee owners? A high renting community might require you to change your message to first time home buyers rather than listings. A confusing message will not reach the best … Continue reading
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Tagged Geographic Farm, Maricaopa County, Marketing, Rich Griffin, Sonoran Title, title company
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How to Calculate the ROI of Your Geographic Farm
Consider the following to evaluate the Return on Investment (ROI) for a farm. You have selected a farm of 600 houses. The farm turnover rate is 9%. The average sales price of a house in your farm is $250,000. You … Continue reading
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Tagged Arizona, Farming, Geographic Farm, Maricaopa County, Phoenix, Realtor, Realtor Farming, Rich Griffin, Sonoran Title, title company
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How a Realtor creates a geographic farm
For newer agents the concept of farming might be unchartered territory. I define farming as targeting a specific community in which you solicit the majority of the neighborhood for business. The concept is to establish and brand you as THE … Continue reading
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Tagged Arizona, Farming, Geographic Farm, Phoenix, Realtor, Rich Griffin, Sonoran Title, title company
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We are not in a housing bubble
Mortgage titan Fannie Mae depends on Douglas G. Duncan, its chief economist, to keep a close eye on the nation’s housing market. Duncan met with Times editors and reporters in Los Angeles this week to share his views on where … Continue reading
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Tagged Arizona, Maricaopa County, Marketing, Phoenix, Rich Griffin, Sonoran Title, title company
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Home Prices Rise… But So Do Interest Rates
Mortgage applications fell 2.6% for the week ending July 12, an industry trade group said. Applications have remained on a downward trajectory for the past several weeks with the industry concerned over growing interest rates and the possibility of more … Continue reading
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Tagged Arizona, Maricaopa County, Rich Griffin, Sonoran Title, title company
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Home Prices Continue to Increase
Home prices in May experienced the largest year-over-year increase nationwide since February 2006, according to CoreLogic’s latest Home Price Index. This increase of 12.2% annually marked the 15th consecutive monthly increase in home prices nationally. “It’s been more than seven … Continue reading
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Tagged Maricaopa County, Phoenix, Realtor, Rich Griffin, Sonoran Title, title company
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Showdown ahead for CFPB and Corday nomination
President Obama on Thursday re-nominated Richard Cordray to head the Consumer Financial Protection Bureau, all but assuring a fight with Senate Republicans who oppose the agency’s sweeping powers to regulate the financial services industry. Cordray, 53, took the helm of … Continue reading
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Tagged Arizona, CFPB, Distressed Properties, Maricaopa County, Realtor, Rich Griffin, Sonoran Title, title company
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The Cliff and Your Real Estate Business
The housing market and the housing industry have escaped a potential blow on several fronts now that lawmakers have at least partially resolved Washington’s “fiscal cliff” budget morass. A bill passed by Congress on Tuesday to pull the nation back … Continue reading
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Tagged Arizona, Colorado, Fiscal Cliff, Maricaopa County, Phoenix, Rich Griffin, Short Sale, Sonoran Title, title company
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CFPB may trial run new mortgage disclosure rules
The Consumer Financial Protection Bureau is proposing a plan that would give banks the opportunity to test run the launch of new mortgage disclosures for borrowers, rather than throwing them directly into unfamiliar territory. While the idea is still in … Continue reading
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Tagged Arizona, CFPB, Maricaopa County, Rich Griffin, Short Sale, Sonoran Title, title company
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More Shake Up at the CFPB?
Buzz at the Consumer Financial Protection Bureau is that director Richard Cordray is thinking about leaving the agency when his recess appointment expires at the end of next year, rather than go through another contentious confirmation battle. A spokesperson at … Continue reading
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Tagged Arizona, CFPB, Distressed Properties, Maricaopa County, Rich Griffin, Short Sale, title company
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