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Inventory Rises To Meet Demand For Housing

The Federal Saving Bank shares reports on how housing inventory is rising to meet demand.

According to a July 17th joint release from the U.S. Department of Housing and Urban Development and the U.S. Department of Commerce, construction increased in June 2015. The Federal Savings Bank thinks this jump in construction will also meet the rising demand for housing as first-time home buyers decide to invest in real estate.

Construction increases in June
The volume of building permits in June jumped 7.4 percent when compared to the previous month. The number of authorized privately-owned housing units was also 30 percent higher on a year-over-year basis.

In addition to building permits increasing during the month of June, the total number of housing starts rose 26.6 percent from the previous year.

The joint press release also indicated housing completions of privately-owned structures increased 22 percent when compared to June 2014.

According to The Wall Street Journal in a July 17th release titled “Apartment Demand Drives Home Construction”, multi-family housing was the primary driver of new construction. In fact, the number of new condos and apartments increased 29.4 percent in June when compared to the previous month.

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Coldwell Banker Presents Homes for Dogs National Pet Adoption Weekend with

Coldwell Banker Presents Homes for Dogs National Pet Adoption Weekend with

Coldwell Banker is committed to reaching the goal of helping find 20,000 dogs forever homes through our partnership with So we’re sponsoring the first ever Homes for Dogs National Pet Adoption Weekend, August 1-2, 2015! You can find your local event by searching

Real Estate Appraisals

Guaranteed Rate has a new ebook about appraisals. Lenders always receive a lot of questions from borrowers regarding what the appraisal process is, and what the results will mean for them. To view this resource, click here: Appraisals Explained

(by clicking you acknowledge the poster is not responsible for any errors and acknowledges no known viruses or similar in the attachment)

Real Estate Superstitions

Real Estate Superstitions…do you think there are such things?

Tomorrow is another Friday the 13th, so while we are all hoping a black cat doesn’t cross our path or we don’t open an umbrella indoors, let’s take a look at what some consider superstitions when it comes to real estate.

– Having an eight (8) in the listing or rental price is a sign of good luck and prosperity (pronounced similarly to the Chinese word for wealth and prosperity).

– The number 13 is considered unlucky by many…especially if it is on the 13th floor. Many high-rise building (especially residential buildings) skip the 13th floor.

– Properties that sit on curved roads or facing a ‘T’ intersection, some say, can invite bad fortune.

– Removing a for sale sign, or scheduling movers, etc. before it is a solid deal, some say, can jinx a transaction

– Hide knives when showing your home/in home home photos and don’t give a knife as a housewarming present, which some say leads to having enemies.

– Placing a statue of an elephant, or a pair of elephants, at the front door, some say, brings good luck, protection and strength to the household

What to Do Before Home Shopping

Shopping for a home can be exciting. However, don’t let the thoughts of your dream house overshadow what has to be done before you even start looking.


Some people assume they are able to buy a home and that they can afford a specific price range, based on their salary. What not all buyers realize is that their debt may be higher and/or credit score lower than they think. Before you even start your home search, you need to get a pre-approval from a lender. If you are a cash buyer, you will need to have ready a proof of funds. It is not uncommon for some home sellers to request to see a pre-approval letter or proof of funds and Agents don’t show properties without those.


Another thing some people don’t think of is just because you’ve been pre-approved, doesn’t necessarily mean you will get a clear-to-close approval. The loan underwriter can and will question any changes in your financials, which can limit your chance of a loan. With that said:

– Avoid buying any big ticket items such as a car, furniture, etc.

– Don’t change jobs. (they check to make sure you are still employed right before closing)

– Avoid unexplained large deposits into your bank account


For the most part, unless you’ve been in school, and just started working in the same industry you studied in school, lenders will want to see the loan applicant to be on the same job for at least six months at the time of application. If you are self employed or an independent contractor, be prepared to show at least your last two years of taxes. If your numbers are tight, they will also want to make sure you were not making less year over year.

Ten Reasons this Spring Could Be Great for the Housing Market

Ten reasons this spring could be great for the housing market:

( via and originally posted on Fortune )

The U.S. housing market could get a major boost this year, specifically for single-family homes—especially among first-time buyers. Here’s why:

1. Everyone sees that the zero interest rate party is coming to an end. If you’ve been waiting to borrow, it’s getting close to “now or never” time.

2. Demand is pent-up, and pent-up things eventually get un-pent, sometimes all at once.

click here to read the rest of the post

America’s Greenest Cities

America’s Greenest Cities (yes, Chicago made the list)

(via and originally posted on the Coldwell Banker blog)

Mother Nature Network (MNN) recently ranked the top 10 greenest cities in America based on several key measurements. This green ranking got me curious about current homes for sale, so I went window shopping on to find some amazing green homes.

Austin, Texas ranked No. 10 on MNN’s greenest cities list.

Single story David Weekley "Dodie" Green Home with a relaxing fr

9550 Savannah Ridge Dr #10, Austin, TX. Listed by Dorie & Gene Dillard. Coldwell Banker United, Realtors.

This craftsman style home is certified under the Environments for Living Program for optimum energy and meets Energy Star certification.

Austin, TX 2

206 Timberline Rd, Georgetown, TX. Listed by Lisa Hassel. Coldwell Banker United, Realtors.

This new construction home has a hot water recirculating system, not to mention a huge kitchen.

Chicago, Ill. ranked No. 9 on the greenest cities in America list.


Chicago 2

206 Timberline Rd, Georgetown, TX. Listed by Lisa Hassel. Coldwell Banker United, Realtors.

This Old Town neighborhood eco-friendly home even has a green roof over the garage.
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Oscar Advertisers Score On Social, Coldwell Banker Rules Facebook

Oscar Advertisers Score On Social, Coldwell Banker Rules Facebook

by Gavin O’Malley, Yesterday, 1:52 PM  ( originally posted: )

While “Birdman” won all the little gold men, on Sunday night, it wasn’t the Oscars’ only star.

On social media, Coldwell Banker stole the show on Facebook, and was among the Top 5 most mentioned brands on Twitter, according to social analytics firm Engagement Labs.

Playing to peoples’ soft spot, the real estate company inspired a collective “awwww” with its “Home’s Best Friend” campaign. Social media users couldn’t contain their enthusiasm for the TV spot, which featured dogs that have found homes with the help of

Another brand that won the night with a positive, caring message was Anheuser-Busch’s Stella Artois. After promising to provide potable water to women in developing countries, the beer maker shot to second place on Facebook as well as Twitter.

Stella’s success is not surprising considering that marketers like to refer to the Academy Awards as “the Super Bowl for women.”

Like the Super Bowl, it has become customary for brands to compete for a share of social media voice during popular live events, which focus the attention of millions of consumers.

“Brands have the opportunity to capitalize on this second-screen experience by leveraging what’s trending in the live broadcast through their own social channels,” said Bryan Segal, CEO of Engagement Labs.

Among big winner, on Sunday night, Netflix showed other brands how to make the most of big live events, said Segal. “Throughout the awards ceremony, Netflix engaged with their followers about the movies that won or were nominated that are available on their platform.”

Netflix was the most talked about brand on Twitter, during the Oscars — thought it failed to make the Top 10 talked about brands on Facebook — according to Engagement Labs.

Across social media channels, other brands that did well on Oscar night included AARP, General Motors, McDonalds, Sprint, AT&T, Discover.


Helping Dogs Find Homes!

Helping Dogs + People Find Homes!

We love dogs…their unconditional love, sweet and cute faces and personalities and happy demeanors are so special…not to mention, they are so caring and such a joy to be around. My dog is family. They are so precious and each dog and pet deserves a warm, loving home. We support local and national animal-related causes, including donating items and money to shelters, organizations and pets in need, and also volunteering and spending time with dogs in shelters.

Coldwell Banker adopt a pet

Please, please adopt a pet…don’t shop. There are so many great dogs of all breeds in need of loving permanent homes. Dogs from pet stores are puppy mill dogs, whose mother and father are kept in awful, cruel conditions. You can learn more by visiting The Puppy Mill Project.

We were elated when Coldwell Banker partnered with on a great cause. Please read the post below from Coldwell Banker…

A Commitment to find homes for 20,000 adoptable dogs this year.

Nothing compares to the warmth and comfort of being at home. But for many dogs across America, this feeling is foreign…and that is really sad.

According to The Humane Society, between six and eight million dogs and cats enter shelters each year. Plus, almost three million healthy shelter pets are not adopted annually, and only about 30 percent of pets in homes come from shelters or rescues.

These sobering facts are what served as the inspiration for the newest project from Coldwell Banker Real Estate. After more than 100 years of helping people find homes, the real estate company has extended its mission to man’s best friend with its “Homes for Dogs Project.” By partnering with, North America’s largest non-profit pet adoption website, Coldwell Banker will help 20,000 adoptable dogs find loving homes this year.

Coldwell Banker adopt a pet homes for dogs

To increase awareness of the effort, Coldwell Banker has focused its latest advertising campaign, which will make its television debut during The Academy Awards on February 22nd, on the feeling of arriving home and being greeted by your dog. The commercial is called “Home’s Best Friend” and it features real rescue dogs, such as Max, who was adopted in 2014 after being spotted on

Before he was put up for adoption, Max was picked up as a stray and delivered to a “high kill” shelter in San Bernadino, CA. The shelter only keeps dogs for five days before it puts them down, and after Max had been at the shelter for four days, a worker reached out to The Dexter Foundation, a local non-profit dog rescue and adoption agency, which quickly rescued Max and found temporary foster care for him.

“I found him on as I was looking for a dog to rescue of that sort of breed and age,” said Kelly Saffrey, Max’s current parent. “As soon as I saw his picture, I just knew he was the pet for me.” currently has more than 15,000 shelters and rescues in its network, and it is thrilled to be partnering with Coldwell Banker.

“We share Coldwell Banker’s view that nothing turns a house into a home more quickly than the addition of a loving pet,” said Abbie Moore, executive director of “And we are so inspired by the desire of Coldwell Banker to launch this amazing program.”

For more information on the “Homes for Dogs Project,” head to