Home price appreciation is an important topic in today’s economy. Using data from the American Community Survey (ACS), we can analyze the gains and losses of property values over time. I estimated the median property values by state in 2018 using the FHFA index and the median property values from the (ACS). I then calculated… Continue Reading Property Values By State from 2005-2018
Buyers should never solely rely upon the seller disclosure and advertising materials regarding the property that the buyers are considering buying. Buyers should hire qualified expert inspectors for all issues that matter to the buyers. Often there is great uncertainty about how offsite properties and offsite conditions might change in the future. Buyers must understand… Continue Reading SCR310 Inspections: Buyers can Perform Off Site Conditions
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. Routledge Handbook of Sustainable Real… Continue Reading New Books–December 2018
By Melissa Dittmann Tracey, REALTOR(R) Magazine Holiday decor is going gingham style this year. Checkered plaid is one of 2018’s hottest holiday design accessory. Black and white or red and black buffalo prints are popping up in everything from Christmas stockings, ornaments, table runners, and wreaths. The buffalo prints are really a nod to the… Continue Reading Add Some Plaid to Your Holiday Decor
Photo Credit: Clare Painting a room can be a quick, transformative update for new homeowners to accomplish. Say your clients recently purchased a home and now they need a little design inspiration to bring it into all its glory. Paint is often the fastest and more transformative way to quickly update a space. Interior decorator Nicole… Continue Reading 4 Tips for Using Paint to Update a Home
More than 230 real estate professionals were named as “newsmakers” for their role as influencers, crusaders, and trailblazers in the industry. RISMedia, a real estate news and information service, announced its “Class of 2019 Real Estate Newsmakers,” highlighting those in the industry who have made headlines over the past year because of their newsworthy contributions… Continue Reading NAR Leadership and Staff Named Real Estate’s 2019 Newsmakers
With interest rates on the rise, home prices have started cooling off.[1] On the one hand, the cooling of home prices in high-priced metro areas makes a home purchase more affordable, saving households nearly $50/month on a median-priced home.[2] On the other hand, falling prices also erodes the wealth (home equity gains) of current homeowners… Continue Reading Can Homeowners Cope with Lower Home Prices?
Ranked by views: SCR Contract (7/27/17) Forms Chair Liz Loadholt (5200+ views) https://www.youtube.com/watch?v=m0XktGXlwuw&t=31s SCR Contract SCR staff (5/2/13) (4000+ views) https://www.youtube.com/watch?v=WDDoGEK5ibk&t=1190s Seller Disclosure SCR staff (7/25/13) https://www.youtube.com/watch?v=JY8VIzZM1oo&t=909s SCR forms update SCR staff (12/20/16) https://www.youtube.com/watch?v=FLL8Feutzn4&t=682s SCR Forms (1/11/18) Forms Chair Liz Loadholt https://www.youtube.com/watch?v=v-w5xOjajsI&t=205s SCR Forms (7/21/16) SCR staff https://www.youtube.com/watch?v=LsDBPb1l_o8&t=85s SCR311 Due diligence (12/16/13) SCR staff https://www.youtube.com/watch?v=t7Z_zxrbR0Y&t=32s… Continue Reading Forms Webinars Ranked by Views
By Harry Parson, guest contributor A picture is worth a thousand words, and if you have bad photographs of your listing, it tells a thousand bad stories. So, when I recently took over a home that had been lingering on the market for more than a year, I focused on its photography and online presentation.… Continue Reading How Virtual Twilight Photos Sold a Languishing Listing
NAR released a summary of pending home sales data showing that October’s pending home sales pace was down 2.6 percent last month and fell 6.7 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 data… Continue Reading October 2018 Pending Home Sales