William Neilson
Phone:  267-872-1326Office:  215-679-9797
Email:  wneilson@remax440.comCell:  267-872-1326Fax:  267-354-6937
William Neilson
William Neilson

Bill's Blog

Amazon Closes In: What HQ2 Means for Housing in the Top 20

January 25, 2018 6:00 pm

Amazon is a step closer to finalizing its HQ2 plans, having narrowed its sights on the top 20 contenders after receiving over 230 proposals from across North America. While the winning city could be any one of the short-list nominees, Amazon has made one thing clear: It is looking to build HQ2 away from the […]

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Regional Spotlight: California Home Prices Close Year on High Note

January 24, 2018 6:00 pm

Amid the lowest housing inventory levels in more than 13 years, existing-home sales in California still eked out a year-over-year gain, while the median sales price posted a solid annual increase, according to the California Association of REALTORS® (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 420,960 units […]

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Home Prices on a Steady Track

January 24, 2018 6:00 pm

Home prices again appreciated nationally quarter-over-quarter, rising 0.9 percent, according to the Clear Capital Home Data Index™ (HDI™), a monthly report. Appreciation was highest in the West, where prices climbed 1.2 percent quarter-over-quarter. Regionally: Midwest Growth quarter-over-quarter in the region came in at 0.9 percent, with prices in Detroit, Mich., appreciating at a 1.72 percent […]

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Existing-Home Sales: A Dim End to a Bright Year

January 24, 2018 6:00 pm

Existing-home sales in December dimmed, but, for the year, were at a record not seen in 11 years, the National Association of REALTORS® (NAR) reports. Existing-home sales in December totaled 5.57 million, a 3.6 percent decrease from November, but a 1.1 percent increase from one year prior. Inventory decreased 11.4 percent to 1.48 million, 10.3 […]

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The Evolution of Teams

January 23, 2018 6:00 pm

Teams continue to grow in popularity and effectiveness. In fact, according to research, team transaction rates are growing at a faster rate than those of top-producing agents. Let’s take a look at the past, present and future evolution of teams. Phase 1: Partnerships Initial adopters of the team concept were usually friends and colleagues. Each […]

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Realty ONE Group Launches Billboard Campaign in New York City’s Times Square

January 23, 2018 6:00 pm

Realty ONE Group, one of the leading and fastest-growing independent firms in the North American residential real estate landscape, has launched its largest advertising campaign to date this week, with a media blast throughout New York City’s iconic Times Square district—the largest coordinated campaign in Times Square ever purchased by a real estate brand, according […]

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Impact of Teams: Join One, Start One or Compete Like One

January 23, 2018 6:00 pm

NAR PULSE—Teams are already a major driver of business nationwide—in some areas of the country, they represent over 50 percent of all transactions. To further measure the impact teams are having on the industry, NAR, in partnership with realtor.com®, is conducting a study measuring the impact of teams. Participate in this short quiz through NAR’s […]

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Economic Forecast Hinges on Policy, Tax Reform

January 23, 2018 6:00 pm

The economy could get a lift from tax reform, with homebuyers and homeowners likely having more income, but less in the way of write-offs, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for January 2018. Analysts believe housing will again be marked by short supply this year. […]

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Freddie: 2018 ‘Looking Pretty Good’ for Economy, Housing

January 22, 2018 6:00 pm

Bolstered by economic gains, home-building, prices and sales are all forecasted to outdo 2017 this year, according to Freddie Mac researchers. In Freddie’s January Outlook, “Maintaining Momentum: 2018 and Beyond,” analysts believe the economy is moderating—growing 2.5 percent in 2018, versus 2.6 percent in 2017—but, expect home prices to increase 5.7 percent, sales to increase […]

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10 Percent and Falling: Housing Inventory Keeps Shrinking

January 21, 2018 6:00 pm

Buyers are being challenged by diminished inventory and mounting prices, especially in areas with crisis-level supply, according to the December Zillow® Real Estate Market Report. Inventory is down 10 percent from last year—a three-year trend—and, in the buzziest markets, as much as 40 percent. Construction costs are exacerbating the issue, says Aaron Terrazas, senior economist […]

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