New in this year’s report, the 2019 Home Buyer and Seller Generational Trends, is the segmentation of Millennials into two cohorts. Younger Millennials, buyers aged 21 to 28 years, made up 11 percent of all home buyers in 2018, surpassing the Silent Generation as a buying group. This generation was born between 1990 and 1998,… Continue Reading Younger Millennials: Purchasing Habits Like Their Grandparents
In a previous blog, I discussed the importance of financial literacy education as a crucial tool for helping young adults become future homeowners and increase their economic well-being over time. In this blog, I will discuss how one’s credit score can affect the ability to obtain loans, and the cost of those loans. A credit… Continue Reading What Does Your Credit Score Mean?
NAR members and Association staff can borrow up to six electronic books, digital audios and/or videos at no cost, through the Virtual Library eBooks Collection. Members can also borrow up to three books for 30 days from the Library Catalog for a nominal fee of $10. Call Information Services at 800.874.6500 for assistance. Mindfulness for All: the Wisdom… Continue Reading New Books–April 2019
Article Submitted by Fixr.com As the cost of energy continues to rise, many home buyers today are looking for homes that are going to be easier and less expensive to run long term. I’ts important to know the trends to look for, whether you’re helping a seller update their home prior to selling or you want… Continue Reading The Top Energy Efficient Home Trends That Home Buyers Want in 2019
The REALTORS® Confidence Index (RCI)[1] survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from February 2019. View and download the full report here. Market Conditions and Expectations The REALTORS® Buyer… Continue Reading REALTORS® Confidence Index Survey: February 2019 Highlights
A library in a tree, a Game of Thrones global scavenger hunt, make your own KFC sandwich and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. What can you do with a tree stump besides cut it down? Make a library, of course! A high school production of Alien is getting great reviews.… Continue Reading What We’re Reading: March 25-29
There has been considerable media interest in the litigation filed on March 6 challenging the MLS system and the way that broker commissions are paid. The following are FAQs about the case. 1. Is it okay to discuss the lawsuit with my clients? Absolutely. Brokers and agents are encouraged to have transparent conversations with current… Continue Reading Update on Class Action Antitrust Lawsuit
NAR released a summary of pending home sales data showing that February’s pending home sales pace was down modestly 1.0 percent last month and fell 4.9 percent from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead existing-home Sales… Continue Reading February 2019 Pending Home Sales
By Lee Davenport You may not have been in Atlanta to experience Super Bowl LIII but a quick scroll of the related hashtags will have you reliving some of the greatest moments of the week as if you were there. Capturing and memorializing such cherished experiences that sparks engagement, camaraderie, and a warm-fuzzy brand sentiment… Continue Reading What the Super Bowl in Atlanta Revealed About Social Media Magic
By metro area Based on the headlines, home prices outpace wage growth. Indeed, in the last six years home prices increased 47 percent while wages rose 16 percent. What do these percentage changes actually mean for a typical homebuyer? How much did the typical salary increase in dollars? How much more do buyers need to… Continue Reading Wage Versus Home Price Growth