Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Did you hear the news about construction spending?If so, were you surprised?
The recent report by the Commerce Department did come as a surprise to many who have been eagerly watching for signs of a sustained recovery in the real estate industry. Construction spending dropped 0.9 percent to an annual rate of $834.4 billion; this was the biggest decline in a while. In an earlier survey by Reuters, economists expected construction spending to rise by 0.4% again.
The July construction report, released on Tuesday, showed total private residential construction spending fell by 1.6%, even though new single- and multi-family home building increased by 1.5% and 2.8%, respectively.According to the Wall Street Journal, spending to fix up existing structures fell 5.5% in July. On the other hand, spending on public sector construction fell by 0.4 percent while expenditure on federal government projects fell 1.3 percent. This was a drop for a second straight month.
Why does construction spending matter?The construction industry is one of the first to go into a recession when the economy declines and likewise it is the first to recover as conditions improve.Hence, it is considered a ‘leading indicator’ in the world of economic data.Think groundhog day, and the notion of whether the groundhog sees a shadow or not.So, construction spending provides insights or clues, for the sleuths in the bunch, about what is coming ahead….like coming attractions when you go to the movie theatre.Unlike the simplicity of groundhog day, construction data is not immediately reported and it is best to view the data over a period of time, aka trend or moving average, than as a point in time.Therefore, a three to six month moving average is best suited to determine trends.
Additionally, construction spending represents approximately 20 percent of the gross domestic product (GDP) of The United States of America, making it an important source of information about the economic health of our country. In short, real estate matters! You could think about GDP roughly similar to taking your temperature.There is a number or range of numbers which indicate your temperature is in the ‘healthy range’ and then there are numbers that are outside of that temperature range which indicate you’re not healthy.Right now, GDP is outside of the healthy range but consistently moving back towards the healthy range.
The most important question to ask: “Is there spending on construction?”The emphatic answer is YES.Yes, there is spending on construction.The close behind follow up questions then are: “How much construction spending is there?” And “is that amount of spending the same amount, more or less than the prior month, prior three months?”The amount of spending is currently at more than $800 billion on an annual basis.That is not a shabby number by any stretch.
Nonetheless, there are worries that the ‘trend’ of construction spending could dampen recent optimism that the economy is improving. The good news is that spending on new residential construction continued to go up in July, which is echoes other signals that the housing sector could be improving.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.