For the third month in a row, Atlanta’s residential real estate index has hit a record high. After rising 0.1 last month, the index now stands at a record-8.2. The index experienced continued growth as data reveals more people are on time paying their mortgage, residential real estate construction spending is up, first time homebuyers… read the full article.
Atlanta’s Residential Real Estate Index Reflects More Positive Gains Atlanta’s residential real estate index continues to break its own record, marking new heights in the industry since the Great Recession. This month, the index moved an additional 0.1 bringing the index to 8.1 in part to rising home equity, homebuyer sentiment and millennial homeownership levels.… read the full article.
SEM News: February 14th, 2017
The first Cal-Culator reflecting the current data of 2017 shows a 0.1-point increase, bringing the monthly Atlanta residential real estate index to an 8.0 – a new record high in the index’s three years of publishing. Home prices and continued low rates gave the index a boost, while stagnant homeownership levels and the possibility of… read the full article.
Mortgage Professional America magazine posed the question, “Are mortgage companies lagging in the effort to promote a wellness culture for their employees?” At least Southeast Mortgage is bucking the trend with its 31,000-square-foot space created with an eye toward culture and “amenities that enable employees to pursue more balanced lives.” The magazine featured gorgeous pictures… read the full article.
Money and an impressive title will not give you a hug nor help you change a flat tire. However, friends and a supportive team will. Those things are what makes the career journey special and meaningful. When I saw that one employee wrote on Glassdoor that joining the Southeast Mortgage team is “the best career move you… read the full article.
In a surprise announcement at the annual Christmas party at the Ritz Carlton Atlanta, Southeast Mortgage of Georgia CEO Cal Haupt announced the company’s top 10 originators and issued each of them a stock grant valued at $149,780. In addition, nine Operations employees were issued stock for exceptional execution of SEM’s service goals. Each year going forward,… read the full article.
As we move into the eighth year of the recovery, we have a record-high DOW, full commercial flights, busy malls, bustling restaurants, overflowing new car dealer lots and everyone on your street is doing home renovations. Everyone should govern their actions by data rather than the euphoric feel of a recovery. My “low country view”… read the full article.
SEM News: January 10th, 2017
The final housing index of 2016 showed continued improvement in Atlanta’s residential real estate market, increasing 0.2 from the previous month to 7.9. The Cal-Culator’s first entry in 2017 will hold steady at 7.9, due to slowing of home price growth and higher mortgage rates that haven’t been seen in quite a while. Home Prices… read the full article.
SEM News: December 13th, 2016
The last Cal-Culator published in 2016 conveys good news: Atlanta’s residential real estate housing index has increased again by 0.2. The index now sits at 7.9 thanks to increases in construction spending and home prices, though inventory continues to hinder the nation’s growth. Total existing-home sales grew 2 percent month-over-month in October and 5.9 percent year-over-year.… read the full article.
It’s extremely short sighted to dismiss the value of online video marketing, especially in the mortgage industry where competition is stiff, generating leads can be time-consuming and originators are challenged to help clients understand complex terminology and processes. Short, informative and engaging videos are an ideal marketing option. They allow a mortgage company to provide… read the full article.