Diversity in the Housing Market

Enjoy this issue of N Magazine as we delve into the diverse culture of our current market. This issue covers the latest State of the Industry news on The Borrower Effect: Impacts and Implications of 2014 Loan Limist, the tools women entrepreneurs need to succeed, and features our She Center(fold) Glenda Gabriel, SVP-Neighborhood Lending Executive of Bank of America. As diverstiy in the housing economy continues to grow, N Magazine will provide you with the tools you need to succeed.

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Paris’s First Female Mayor

Anne Hidalgo has made history as the first female mayor of the city.

 

On Sunday March 30, 2014 history was made in Paris, France; Anne Hidalgo was elected as the first female mayor of Paris. Hidalgo beat her opponent, Nathalie Kosciusko-Morizet (NKM), by a ten percent margin. The final votes were 54.5 percent Hidalgo and 45.5 percent to NKM. Hidalgos election was not only a victory for women on a political scale, but also for the Socialists. The Party suffered losses elsewhere in the country.
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Paris's First Female Mayor

Anne Hidalgo has made history as the first female mayor of the city.

 

On Sunday March 30, 2014 history was made in Paris, France; Anne Hidalgo was elected as the first female mayor of Paris. Hidalgo beat her opponent, Nathalie Kosciusko-Morizet (NKM), by a ten percent margin. The final votes were 54.5 percent Hidalgo and 45.5 percent to NKM. Hidalgos election was not only a victory for women on a political scale, but also for the Socialists. The Party suffered losses elsewhere in the country.
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Influential Women in History

March is Women History Month and it is a great time to recognize the women who have made lasting impacts, as well as appreciate the women who continue to influence our lives.

Womens History Month is a time to recognize the many influential women of history who have helped shaped the view of women today. Without the contributions of these historical women, the opportunities accessible to women today would be much different.
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SBA, NWBC, and Women Innovators to host #STEMforHer

As STEM continues to heavily influence technological advances and future innovations, the National Women’s Business Council (NWBC) and the Small Business Administration (SBA) will facailitate a #STEMforHer twitter conversation to highlight the growing interest of women and girls in STEM.#STEMforHer is an online dialogue aimed at advancing the conversation as it relates to women and girls pursuing careers in STEM. Joining the conversation are prominent women innovators and organizations including: Goldie Blox, Girls in Tech, and one of the STEM’s youngest women entrepreneurs – Divya Nag. Following the Twitter Question and Answer session, Divya Nag will also be the guest speaker for the National Women’s Business Council’s public meeting held on Wednesday, March 26th.The Nationa Women’s Business Council continues to be a leading voice in the advancing of the women’s entrepreneurship agenda.  Join us as we work in conjunction with them to reach over 1 million twitter users as we amplify the call to increase women entrepreneurs in STEM.

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Using Social Selling to Increase your Business

As the business world is constantly evolving so to is the way we conduct our business within it. One of the biggest shifts has been in the way a business sells its product and generates leads. Traditionally, sales consisted of your sales team making cold calls and setting appointments with prospective customers. However, this model for generating business is becoming less effective with the invention of social media. Consumers are now doing more research and develop products and services they are interested in without the need to be continually pitched to. Studies show that a consumer does more than 50 percent of their research on a product or service prior to engaging with the company itself. This social culture has started a new era in sales, known as social sales. In order to be competitive in this marketplace, relationships are more important than ever, and it is imperative to foster a relationship with prospective clients prior to their interest or need in your product or service.
Social Selling is defined as sales that result from a relationship formed on social media. However, moving past that original contact and turning them into a buyer requires you to understand what your prospects want and how to give it to them. Use Social Media to your advantage by connecting with potential consumers within your social circle, engage and educate them on your specific brand drawing these new connections into your business.
Research suggests that 37% of the evaluations consumers make in regards to a company stem from conversations on social media. By being proactive, and connecting with these individuals you have the opportunity to showcase your company as the solution to whatever their current issue may be. These tactics can assist in generating leads, and sales in a time when consumer behavior and their buying
process has dramatically shifted.

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HUD Set Asides for Women Business Owners

Breaking HUD News: Under the new Synopsis for AM 3.7 they are looking to award two set-a-sides for Women-Owned Businesses in specific regions of the country.This means only Women-Owned Businesses can bid on these contracts. Contact NAWRB today at certification@www.nawrb.com to apply for our Women-Owned Business Certification specific to the Housing Economy.

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Building Your Business

Wondering what steps to take to improve your business and build it up?

As a business owner, it is important to continually build and improve your business. Often times improvement comes from taking a step back and working on the business and not just in it. In order to construct the business of your dreams, a complete understanding of the industry as a whole is essential. By adhering to these following steps you can make a positive impact on your business.

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What Drives the Market?

As the housing market continues its recovery, it is important to understand the factors that aid in the process.

The housing market is on the path to recovery and it is important that housing professionals understand what drives demand in the market and how to aid the market to its full recovery. In order to prevent the housing bubble from bursting again, it is essential to understand the thought process of the American home buyer. A recent study determined the price of a home and mortgages rates are not the most vital factors when considering to purchase a home, but rather the confidence of the buyer in the assurance the home will be a sound investment, is the most significant factor. To gain an understanding of why buyer confidence is essential, we must first look into the thought of individuals through the home buying process.

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