R. Michael Brown's Blog

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RECENT BLOG POSTS
Why not use a statewide and nationwide MLS?With My State MLS you'll be able to: - Expand your territory- Get referrals- List wherever you're licensedWHAT IS MY STATE MLS?My State MLS is a nationwide real estate Multiple Listing Service covering the whole United States and territories. Our member ...
05/11/2022
How rent has changed in 1,500 counties across the United States since the start of the pandemicRents continue to rise at the fastest pace in decades, making housing costlier than ever for many Americans.Nationally, rents rose a record 11.3 percent last year, according to real estate research firm...
05/02/2022
Florida Atlantic University Economist: Some #RealEstate Properties Won’t Fetch Enough Money in ResalesHome prices in the overwhelming majority of the nation’s largest housing markets continue to rise despite the Federal Reserve’s move to raise mortgage rates in hopes of curtailing runaway demand,...
04/29/2022
It's been 60 days and our member that was originally given the challenge of 200 listings in 30 days now has over 400 listings, 40 leads, including 8 customers, and closed 3 land deals.Who says there's no inventory?Find Out More Including the Original Story or Watch the Video Below [Go Home TV]
04/28/2022
"There's been a lot of talk about mortgage rates lately, rates going crazy up into the sixes, which is not happening,” said Dawn Pfaff, President of My State MLS.The rate on a 30 year fixed rate primary residence with 10% down on a $500,000 home with excellent credit as of this writing is 5.25%."...
04/26/2022
MORTGAGE RATESMortgage demand has fallen to nearly half of what it was a year ago, as interest rates continue to rise.HOUSING INVENTORYPrediction: More homes coming to the market in 2022. 5 STEPS ON HOW TO AVOID ANY CLIFF IN A CHANGING MARKETOur mission in life at My State MLS is to help real est...
04/22/2022
The headlines are dramatic:Real estate investors cite rising inflation as their biggest concern in 2022 [RealtyBizNews]How Likely Is a Real Estate Market Crash? [Motley Fool]A bit of 2008 déjà vu: The housing market hits a level not seen since the last bubble [Fortune]Inside the real estate housi...
04/22/2022
The New York Assembly Bill A9175 was signed by the governor and requires real estate brokers to institute standardized operating procedures (SOP) for the prerequisites prospective homebuyers shall meet prior to receiving any services."This is a bill trying to get at discrimination against individ...
04/20/2022
Residential real estate inventory is at an all-time low; but, there is an alternative way to buy homes. When you can't find a property going the traditional route, start thinking outside the box and consider making a purchase via an auction. Turns out there is a lot of inventory there.In Florida ...
04/14/2022
We get a couple extra days this year to file our taxes because April 15 is a federal government holiday. And if you’re like many real estate pros, filing your taxes are one of the last things on your list.Go Home TV brought tax expert Michael Miller, P.A. into the studio for a two-part interview ...
04/13/2022
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