My blog is brief today because I am working with the NAHREP research team to complete the annual State of Hispanic Homeownership Report. The report provides an overview on how Hispanics are faring in terms of homeownership, and reviews various metrics to predict what is likely to happen in the near future. For NAHREP, it is our benchmark report and also serves as a report card for the effectiveness of our work. The good news is that the Hispanic homeownership rate increased for the fifth consecutive year; the only ethnic demographic to have achieved this milestone during the same period. This year’s report will cover more detail about local markets, specifically, where Hispanics are buying homes and the areas where the greatest opportunities exist for future growth. I don’t want to give too much away, but I can tell you that the state of Texas plays a prominent role.
The top real estate sales coaches, like Mike Ferry, flat out tell their students that representing buyers is for losers. Driving buyers around to open houses, dealing with fickle lenders, and filling out multiple offer forms is a lot of work. To make matters worse, after doing all that work, you still might not get paid if your buyers' offers aren't accepted.
By definition, unintended consequences are the results of an action different from what was expected or planned. They are often referenced in relation to changes in policies. I have heard the term used for years, primarily related to government policies. Still, I didn’t realize until recently that much has been written on the subject, and most experts believe that there are three categories of unintended consequences:
I once read that sports are a universal language. Regardless of ethnicity or what language you speak, almost everyone speaks sports. No place has that been more evident than the Olympics, where every four years, we are moved by images of athletic rivals from around the world shaking hands and embracing each other in moving displays of sportsmanship.