Alec Greenberg

March saw a significant downtick in privately owned housing starts, declining 11.4% from February’s revised estimate of 1,494,000 to reach a seasonally adjusted annual rate of 1,324,000. This comes on the heels of an 11.2% bump in housing starts in February following a 9.8% month-over-month decline in January. Privately owned housing starts were up on…

There are many features that can make a home attractive to a potential buyer—good neighborhood, proximity to schools and grocery shopping, potential for equity-building and modern (or vintage) architecture.  But what about energy savings? This oft-overlooked aspect of the modern era holds great potential for utility savings—which can increase the final sales price of a…

Sometimes new business opportunities can be hiding in plain sight, existing among those you interact with on a regular basis, who you might not think to approach for referrals. But sometimes who you know can be a key that unlocks a new network and creates more profitability in your business. Here are three different groups…

A recent analysis by the National Association of Home Builders (NAHB) found that millennial homebuyers prefer more square footage when seeking a new home than other generations, but that most of this buyer segment would sacrifice the extra space for a smaller home with more features at the same price point. According to NAHB’s survey,…

Pending home sales continued their volatile up-and-down swing pattern in February, rising a modest 2% after falling 4.6% for the month of January. In spite of data that indicates sluggish activity in the historical context, the Midwest and Southern regions saw gains in pending home sales activity. The Midwest index for pendings graded slightly upward…

A slight decline in mortgage rates, coupled with limited existing inventory, helped new home sales inch higher in February, in spite of persisting affordability issues that serve as major headwinds in a market that is just beginning to adjust to the new rate environment that has been just as persistent since 2022. The latest figures…

The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where the economy is headed in the near term, posted yet another decline for the month of February, to the tune of 0.3%. After a 0.2% decline in January (upwardly revised from 0.3%), the index continued…

While real estate professionals are familiar with running their own business, helping buyers and sellers, what about being on the other side of the game as an investor?  Buying real estate as an investment strategy can be a way to build intergenerational wealth and cash flow, and a real estate professional’s knowledge and network can…

Success in real estate often results in part from simple actions that accumulate in the “bank” over time. Building goodwill within your team’s local community can be an important part of that equation.  Leveling up your team’s local community exposure will help grow your reputation with potential clients, building trust and generating leads. Here are…

For prospective homesellers looking for ideal market conditions that will give the most “bang for your buck” and maximize ROI, the conditions may present themselves very soon. According to Realtor.com®’s 2025 “Best Time to Sell” report, the week of April 13 – 19 looks to be the best time to sell homes this year. According…