Michael Inkman

Fairway Independent Mortgage Corp.

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4 Bad Behaviors to Avoid to IMPROVE

July 19, 2013 by Michael Inkman Leave a Comment

Employees look to leaders for reassurance, insight and feedback. As a leader, the four bad leadership behaviors below can create morale problems and worse, stifle ideas from your employees, who likely know the business best:

Interrupting. Wait for the other party to finish first. This works best for three reasons:

  1. You allow yourself and others a chance to listen and form more valid and insightful opinions
  2. Some team members may need time to “warm up,” and jumping in too soon could derail a potentially valuable breakthrough
  3. Everybody roots for the underdog; helping someone save a little face will maintain a team-focused atmosphere

Interrogating. Nobody likes to be cross-examined, nor do they like to see this happening to anyone else. Healthy morale and team-building is possible simply by fleshing out problems together.

Judging. Instead of judging any ideas on the spot, try taking notes on all of them. Then regroup to discuss those that made the cut, or just announce your decision after the fact. Avoid making powerful non-verbal signs of disagreement, such as eye rolling or frowning.

Pretending. Turning on the charm with clients and higher-ups one minute, then being prickly with your direct reports is superficial and arrogant. People notice this game and will respect leaders who are firm, fair and treat all reciprocally and with respect.

Filed Under: Business Boosters

5 Important Tips To Protect Your Home From Burglars When You Are Away

July 19, 2013 by Michael Inkman Leave a Comment

5 Important Tips To Protect Your Home From Burglars When You Are AwayAny family would feel violated after coming home to a ransacked house. Burglars look for specific things when choosing a home to break into, and many homeowners are unknowingly inviting criminals through the front door.

Below are five ways you can avoid drawing the eyes of thieves and deter your home from becoming a target.

Beware Of Selling To Strangers

If you’re wanting to sell items on Craigslist or another internet-based classified ad website, attempt conducting your transactions outside of the home.

If you must meet at home, screen the person over the telephone to ensure that they are truly interested in the item you’re selling. Thieves have been known to make appointments just to check out your home.

Be Careful If You Tweet About It

Not all of your friends protect their social media information, or may not have the most virtuous acquaintances. If you share your upcoming vacation or big event, then a mischievous friend of a friend will know the perfect time to forcefully check out your home.

Learn how to limit your social media posts to only your trusted contacts.

Mind Your Trash

Be careful when it comes to taking out the garbage, especially around holidays. Criminals will drive around nice neighborhoods and specifically look for empty boxes of high-price items. Then all they have to do is wait for you to leave the house before they force their way in and nab the goods.

Break down boxes and conceal them in garbage bags or trashcans.

Prepare For Your Vacation

Make sure when you leave on vacation that you put a few lights on timers and have someone collect your mail. A home that is obviously vacant is every burglar’s dream.

And if you’re on an extended holiday, ensure you also hire someone to take care of the lawn – overgrown grass is a no-one-is-home indicator.

Secure The Safe

Just because you put your valuables in a safe doesn’t mean they’re secure. If the safe isn’t installed in a wall or bolted to the floor, then a burglar can just carry it through your front door. They can figure out how to break into it later.

Make the additional time investment to ensure your safe can’t walk out the door.

With a little common sense and by following the advice above, you’ll reduce the risk of your home being targeted by burglars. If you would like more information about keeping your Dallas home secure, please call your trusted real estate professional today.

Filed Under: Around The Home Tagged With: Burglars, Home Security, Preventing Break-Ins

Home Builder Confidence Rises To Highest Level Since January 2006

July 18, 2013 by Michael Inkman Leave a Comment

Home Builder Confidence Rises To Highest Level Since January 2006The National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI) rose in July.

Home builder confidence in the market for newly constructed single-family homes rose six points to a reading of 57. NAHB reports that this was the third consecutive rise in the HMI and its highest reading since January 2006.

Three components used in compiling the HMI reading include current sales, which gained five points for a reading of 60.  Confidence in prospective buyer traffic rose from 40 to 45, and sales expectations for the next six months rose from a reading of 60 to 67.

HMI: All Regions Post Gains

Regional data reflected gains in builder confidence for all U.S. geographic regions. Regional data is based on a three-month rolling average of builder confidence in each region.

The Northeast gained four points for a reading of 40; the Midwest gained eight points for a reading of 54. The South gained five points for a reading of 50, and the West gained three points for a reading of 51.

Readings of more than 50 indicate that more builders view conditions as good than poor. NAHB Economist David Crowe indicated that growing confidence is driven by factors including lower prices for building materials and more buyers vying for fewer available homes. A shortage of building space and available existing homes is improving markets for new homes.

Housing Starts Decline In June

In spite of growing home builder confidence, housing starts for June fell to their lowest level in nearly a year. Regional weather conditions contributed to the dip in housing starts, which surpassed June 2012 housing starts by 10.40 percent.

June’s housing starts fell to 836,000 on a seasonally-adjusted annual rate, and fell shy of economist’s expectation of 950,000 housing starts. Expectations were based on May’s original tally of 914,000 housing starts, which was revised upward to 928,000 on Wednesday.

Building permits for single family homes moved up by 0.60 percent to a rate of 624,000; this is the highest rate since May, 2008. A significant backlog of unused permits contributed to June’s lower number of building permits issued.

Economists are confident that the housing market continues its recovery, but may face obstacles if the government changes the mortgage interest tax deduction.

Another concern involves the pending “tapering” of the Fed’s quantitative easing program (QE). The QE program, which involves the Fed’s purchase of Treasury securities and mortgage-backed securities (MBS) was designed to support mortgage markets and also helps to keep mortgage rates low.

For specific details on local home building activity in and around Houston , please contact your trusted mortgage professional today.

Filed Under: Housing Analysis Tagged With: Home Builder Confidence, Housing Analysis, Housing Starts

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Michael Inkman

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michael@michaelinkman.com
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