More Homebuyers Purchasing Property in the Suburbs NAR’s October REALTORS® Confidence Index Report indicates that there is a demographic shift from the cities to the suburbs, or to smaller counties. By: Scholastica (Gay) Cororaton Coronavirus Powered by WPeMatico
Weekly Retail Update: November 20, 2020 Temporary retail store closures experienced earlier in the year have returned. By: Brandon Hardin Coronavirus Powered by WPeMatico
October 2020 Existing Home Sales Climb to 6.85 Million Housing market activity this October increased 4.3% from September 2020, and sales of existing homes jumped 26.6% from October 2019. By: Michael Hyman Powered by WPeMatico
Instant Reaction: Quarterly E-Commerce Seasonally adjusted estimates of the U.S. retail e-commerce sales for Q3 2020 decreased from the Q2 2020 estimate of $211.5 billion to $209.5 billion. By: Brandon Hardin Powered by WPeMatico
Instant Reaction: Mortgage Rates, November 19, 2020 Mortgage rates hit another record low this week for the thirteenth time this year. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Instant Reaction: Retail Trade Sales Seasonally adjusted advanced estimates of U.S. retail and food services sales increased over the prior month as October sales continued the trend. By: Brandon Hardin Commercial & Investment Real Estate, Retail Properties Powered by WPeMatico
Jobless Claims at Lowest Level Since Start of Pandemic The number of people applying for extended benefits is rising at a slower pace, implying that many people are able to find a job. By: Nadia Evangelou Powered by WPeMatico
Housing Affordability Declines in September 2020 At the national level, housing affordability declined in September 2020 compared to a year ago but rose compared to August. By: Michael Hyman Powered by WPeMatico
By Lee Davenport If 2020 has inspired you to promote fair housing for all, but you don’t know where to begin, then join the J.E.D.I. (Justice + Equity + Diversity + Inclusion) Defender Challenge to kickstart 2021. Learn more about being a fair housing J.E.D.I. Defender in my post, “Take the 4-Week J.E.D.I. Challenge to… Continue Reading Are You Ready to Start 2021 as a J.E.D.I. Defender?
Hot markets, low inventory...good time to remind your brokerage buyers that you may be working with multiple buyers who desire the same real estate and you will maintain all these buyers' confidential information. Document this discussion with SCR140 Multiple Buyer form. SCR buyer side agreements mention this and this form reinforces. https://screaltors.org/wp-content/uploads/Forms/140.pdf Posted by: Byron… Continue Reading Multiple Buyers Form SCR140