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

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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Disaster Protocol: Is Your Company Prepared for the Worst?

January 21, 2018 6:00 pm

This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses broker disaster/emergency policies and procedures. Moderator Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, NAR Panelists Rick Haase, President, Latter & Blum, Inc., REALTORS®, New Orleans, La.   Marnie Goldschlag, Co-Owner, NextHome Wine Country Premier, […]

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Home Remodeling Spending to Stay Strong

January 20, 2018 11:36 am

Home remodeling spending is expected to stay strong in 2018, up 7.5 percent from last year, according to the latest Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Steady gains in the broader economy, and in home sales and prices, are […]

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David Caveness: Creating Opportunities for Agents

January 20, 2018 11:36 am

David Caveness, president and CEO of Carpenter REALTORS®, received RISMedia’s National Homeownership Award this past November during the 22nd Annual Power Broker Reception & Dinner, held in conjunction with the 2017 REALTORS® Conference & Expo. An honor brought about thanks in large part to Caveness’ 43-plus years of excellence in the business, the National Homeownership […]

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Average 30-Year Mortgage Rate Charges Above 4 Percent

January 20, 2018 11:36 am

The average 30-year, fixed mortgage rate charged to 4.04 percent this week, up from 3.99 percent the week prior, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.49 percent, up from 3.44 percent the week prior, while the five-year, Treasury-indexed hybrid adjustable rate averaged 3.46 percent, the same as […]

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Achieving Financial Wellness in 2018 and Beyond

January 20, 2018 11:36 am

Financial security during your working years, and in retirement, is a top priority for every member of the National Association of REALTORS® (NAR). However, since most members work as independent contractors, or brokerage owners/managers, they don’t have access to employer retirement savings plans, making it especially challenging to plan for long-term financial security. Many REALTORS®, […]

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Housing Starts Trip Up

January 18, 2018 6:00 pm

But Could ‘Easily’ Exceed 1.3 Million This Year Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 11.8 percent to 836,000. Starts for units in buildings […]

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Builder Confidence Going Strong

January 18, 2018 6:00 pm

Home builder confidence in the new, single-family construction market is going strong, despite dialing back in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for January was 72, just two points under a spike in December. An above-50 reading indicates more builders have a positive outlook than […]

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On-the-Go and In-the-Know: RPR Mobile

January 17, 2018 5:59 pm

RPR Mobile™ ups the ante for today’s real estate professionals Since the advent of the smartphone, real estate professionals and consumers alike have come to depend on these handheld devices for any and everything under the sun. And as smartphones continue to change and evolve before our eyes, there’s no denying that they’ve truly become […]

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Home Laundry: To Vent or Not to Vent

January 16, 2018 5:56 pm

I once believed it was a forgone conclusion that when adding certain laundry appliances to a home, it would mean installing exhaust ducting and cutting a hole to the outside for venting. However, a recent report from Michele Weaver at Design Basics, LLC highlighted a growing trend in ventless dryers that can be easily located […]

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