Pat is vice president, Supply Chain Management and Real Estate Services, responsible for the management of the Cartus Destination Services Provider Network. She also leads the customer marketing assistance and inventory management departments.
In what appears to be a perfect storm – increasing equity in transferees’ homes, rising home prices, and interest rates that continue to hover at near-record lows – is the relocation industry poised to see an uptick in transferee volume?
While the overall national indicators are favorable, the best answer is that it will be dependent on local factors, so it depends on the market and the companies involved in making the employee moves.
As you’ll read in our recent U.S. MarketWatch, here’s why.
The Good News
The good news is that the gradual improvement that the real estate market is now experiencing could [...] Read More
The Real Estate Market looks totally different now than it did one year ago. Where is all the inventory? Will we see a spring market? What does the rental market look like? What are the current mortgage trends? These are the types of questions that Kevin Russell, Senior Vice President, Cartus Home Loans, and I will address during an upcoming Worldwide ERC® SpeedSession, “What is Really Going on With Real Estate?” on Tuesday, April 9 at 2 p.m. ET.
SpeedSession topics include a comprehensive overview of the real estate market and what is happening in cities and regions across the U.S. We [...] Read More
November 20, 2012 – 10:36 am
The United States Property Market Watch provides clients with overall trends and specific issues that may affect relocation programs. This edition features a discussion of how market events may lead clients to adjust their policies.
Tighter Lending Standards Extend Buying and Selling Process
The United States Property Market Watch includes a chart demonstrating how lending standards have tightened over the last five years. The adoption of stricter mortgage standards is having an effect on the buying process. The time it takes to sell homes also may be extended due to pricing and the length of the respective marketing periods. These factors may prompt companies [...] Read More
Posted in Americas, Real Estate
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Tagged assignment, cartus, corporate relocation, emerging markets, employee relocation, expatriate, global mobility, international assignment, mobility, outsourced relocation, outsourcing, primacy, Real Estate, Realogy, relocation, relocation company, relocation management company, relocation services, third party relocation, transfer, Trusted guidance, United States Property Market Watch
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November 8, 2012 – 2:57 pm
As we continue to monitor the after-effects of Hurricane Sandy, we are seeing impacts on the appraisal and home purchase process due to increased caution and requirements on the part of lenders. We are coordinating closely with our partners at Cartus Home Loans, who are integrally involved with the changes taking place as a result of the storm and are providing updated information as it becomes available.
Generally, many properties in the areas impacted by Hurricane Sandy will be subject to additional certifications and inspections that might delay scheduled closings or purchase dates. These include but are not limited to the [...] Read More
Posted in Americas
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Tagged assignee, assignment, cartus, Cartus Home Loans, corporate relocation, effects of hurricane on home purchases, employee relocation, executive relocation, expatriate, global mobility, international assignment, Kevin Russell, mobility, mobility challenges, mortgage, outsourced relocation, relocation management company, relocation services, third party relocation, transferee, Trusted guidance
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Cartus continually reviews best practices for home sale and marketing, which we compile into our periodic United States Property Market Watches. For the latest 14-page United States Property Market Watch, the Cartus Supply Chain Management team surveyed its high-performance network of appraisers, brokers and inspectors to gather insights on what they’re seeing in the market.
The Inspectors’ Viewpoint on United States Property Trends
There’s an increase in the percentage of homes being inspected, as buyers are seeking to maximize their leverage in a buyer’s market. Sellers with homes not inspected during the relocation process may find they have to make excessive repair [...] Read More
Posted in Americas, Real Estate
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Tagged assignment, cartus, Cartus Home Loans, corporate relocation, emerging markets, employee relocation, executive relocation, expatriate, global mobility, international assignment, Kevin Russell, outsourced relocation, outsourcing, primacy, Real Estate, Realogy, relocation, relocation company, relocation management company, relocation services, third party relocation, transfer, Worldwide ERC, Worldwide ERC SpeedSession
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