How Digital Media Is Transforming Real Estate

| February 27, 2020

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Digital media is a part of everyday life for the great majority of consumers. We use digital media on our phones, computers, tablets, and other devices. In some cases, it makes our life easier while in others, it can seem to make things more complicated. Digital media can be entertaining and informative, but it can also be distracting and unproductive. Screen time can increase some types of social interaction while interfering with face-to-face contact and personal relationships. Whether you love or loathe digital media, screen time is here to stay.

Spotlight

Crye Leike Realtors

Crye-Leike is a full service real estate company founded in Memphis in 1977. Today it's the nation's 5th largest real estate company and the largest serving markets in Tennessee, Arkansas, Georgia, Mississippi, and across the Mid-South. Crye-Leike has a network of more than 3,000+ licensed sales associates, 500 staff members and over 115 branch and franchise offices located throughout a nine-state region in Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Missouri, Oklahoma, and Tennessee. Crye-Leike associates are also licensed to sell in Virginia. In 2015 Crye-Leike attained a sales volume of $5.7 billion with 31,400 transaction sides. The company, founded in Memphis by Harold Crye and Dick Leike in 1977, has a unique corporate structure. Each of the regions it serves is supported by its own Corporate Headquarters. It's the belief of its founders that "the real estate business is local" and thereby each of the company's regions has its own headquarters an

OTHER ARTICLES

Effective Content Marketing for Your Real Estate Business

Article | March 28, 2020

It’s time to get on board with content marketing—real estate is changing, and as a result, real estate agents need to change their approach, too. Many agents may already understand the need for content marketing, but I’m often asked, “How do I get started and create a content marketing plan?” You can create a real estate content plan using the following steps.

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REAL ESTATE TECHNOLOGY

Material Shortages Causing Housing Problems – Real Estate Market Update

Article | March 28, 2020

Spring is here, and with it comes home buying season. If you’re in real estate, it’s about to get really interesting. There are also some unique challenges you and your buyers might be confronting in the market now. Let’s get to what you need to know. The housing market has been red-hot for quite a while now. Sales for both new and existing homes have been on an absolute tear. But last month, both of these metrics took a step back. One likely reason for this is no doubt a moderate increase in mortgage rates. However, it seems to me we talk about that enough. Today, we would like to spotlight another factor causing issues in the housing market and possibly even delaying construction of homes in some areas. There’s a real shortage of the necessary materials for constructing and renovating homes at this point. According to a December report from the U.S. Chamber of Commerce, 71% of builders were facing a shortage of at least one material. That means the houses that were being built in December that may just be getting ready to come on the market now may either be delayed or come with higher prices. The material most in demand was lumber, with 31% of contractors experiencing a shortage.

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The Four Pillars of Real Estate Investing

Article | March 28, 2020

When it comes to investment strategy, why is it that real estate is consistently the preferred investment method of Americans? The reality is that the benefits of investing in real estate far exceed the obvious expectations. When responsible real estate investors commit to thorough due diligence, there are very few strategies with a more powerful impact when it comes to generating wealth. The scope of this discussion will be long-term buy-and-hold strategies rather than some of the more short-term types of real estate investment. These investments are more suited to beginners because there is a lower knowledge barrier to overcome and it is optimal for providing benefits that compound over time. These factors together form a potent combination for generating wealth and ultimately accelerating your path to financial independence. So, what makes real estate so powerful? Real estate is far more versatile an asset than it seems on the surface. Your average person understands that buying a home is a wise move simply because its value is very likely to appreciate over time. While this may be true in many cases, it’s only one very small piece of the puzzle. In fact, there are four main pillars of wealth generation that make real estate such an appealing asset class.

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HOW EXCHANGE RATES AFFECT REAL ESTATE

Article | March 28, 2020

Globalization offers international real estate investors the opportunity to build wealth from investment properties anywhere on the globe. Despite the ongoing uncertainties caused by the coronavirus breakout , the real estate industry continues to be one of the most attractive sectors for investors worldwide looking for financial stability. And if you’re looking to invest in a real estate market abroad, there are a number of factors that you should pay attention to. These include trends in supply and demand residential properties in the target market, taxes for rentals, interest rates (if you’re planning to borrow in the foreign currency), and exchange rates. In this article, we’re going to focus exchange rates how they affect your real estate investment decisions. The simplest and most accurate way to define the term “exchange rate” would be to say that it’s the value that one currency has when transferred into another.

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Spotlight

Crye Leike Realtors

Crye-Leike is a full service real estate company founded in Memphis in 1977. Today it's the nation's 5th largest real estate company and the largest serving markets in Tennessee, Arkansas, Georgia, Mississippi, and across the Mid-South. Crye-Leike has a network of more than 3,000+ licensed sales associates, 500 staff members and over 115 branch and franchise offices located throughout a nine-state region in Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Missouri, Oklahoma, and Tennessee. Crye-Leike associates are also licensed to sell in Virginia. In 2015 Crye-Leike attained a sales volume of $5.7 billion with 31,400 transaction sides. The company, founded in Memphis by Harold Crye and Dick Leike in 1977, has a unique corporate structure. Each of the regions it serves is supported by its own Corporate Headquarters. It's the belief of its founders that "the real estate business is local" and thereby each of the company's regions has its own headquarters an

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