A Banner Year in Review: The Beverly-Hanks 2016 End-of-Year Market Report

Beverly-Hanks President Neal Hanks, Jr. has delivered the 2016 End-of-Year Market Report. Watch the video below for his short report, or continue reading for a summation. When highlighting our regional real estate markets, we consider several metrics: sales pace, home prices, the supply of homes for sale, and the availability of financing. Here’s how the […]

Short Sales vs Foreclosures: the Prices

All distressed properties put downward pressure on prices. However, the impact of a short sale is nowhere as drastic as the impact of a foreclosure for two major reasons: A foreclosure, in most cases, leaves a vacant house in the neighborhood. Vacant, unmaintained homes have a negative impact on the value of other houses in […]

Short Sales Skyrocketing

Short sales are finally being seen as a viable alternative to foreclosure by both the banks and the consumer. Brandon Moore, CEO of RealtyTrac, just explained that short sales are skyrocketing: “Short sales hit a three-year high in the first quarter (up 25%). Lenders are approving more aggressively priced short sales, which in turn is […]

Beverly-Hanks & Associates Recognized at Leading Real Estate Companies of the World Conference

Beverly-Hanks & Associates attended the Leading Real Estate Companies of the World International conference held last week in Las Vegas, NV.  The attendees represented 100 of the nation’s top 500 companies (as designated by “Real Trends”).   Leading RE teamed up with RESPRO, the Real Estate Service Providers Council, for affiliated businesses to hold back-to-back conferences. […]