Michael Crist

International Women’s Day is celebrated internationally on March 8th each year. It is a day to acknowledge the economic, political, and social achievements of women. In recognition of this day we can examine the profile of women REALTORS® using the 2017 Member Profile. Women in Real Estate: Women make up 63% of all REALTORS®, with… Continue Reading International Women’s Day

Today is International Women’s Day, a day to celebrate the social, economic, cultural and political achievement of women around the globe. To mark the occasion, here is a look at women in real estate. The typical REALTOR® – a real estate professional who is a member of the National Association of REALTORS® – is a 53-year-old… Continue Reading International Women’s Day: Women in Real Estate

The following is a statement from NAR President Elizabeth Mendenhall regarding the Department of Housing and Urban Development’s potential plans to remove anti-discrimination language from its current mission statement: “As Realtors® join with our industry partners, allies and consumers throughout 2018 to commemorate the 50th anniversary of the Fair Housing Act, we believe that fair housing for… Continue Reading NAR President Elizabeth Mendenhall on HUD’s Potential Changes to its Mission Statement

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion… Continue Reading REALTORS® Reported Stronger Buyer Traffic in January 2018 from One Year Ago

Amid strong demand and tight supply, REALTORS® reported that properties that sold in January 2018 were typically on the market for 42 days, down from 50 days compared to the same month last year, according to the  January 2018 REALTORS® Confidence Index Survey.[1] The median days on market have been broadly on a downtrend since… Continue Reading In Which States Did Properties Sell Most Quickly in January 2018?

While many real estate professionals see robots as helpful assistants who can make showing homes, maintaining buildings, and connecting with prospects easier, economists aren’t as upbeat about the impact of artificial intelligence on business life. In fact, many worry about a future where robots take over many of our jobs, and in response, some suggest… Continue Reading How to Build Housing More Affordably

In a monthly survey of REALTORS®, the survey asks buyer’s agents about the characteristics of their most recent sale for the month. The survey asks, “Was there a contingency?” According to a survey of REALTORS® who responded to the  January 2018 REALTORS® Confidence Index Survey, 76 percent of buyer’s agents who closed a sale in… Continue Reading 76 Percent of Homes Sold in January 2018 Had Buyer Contingencies

There’s been confusion since the big tax law was enacted over the deductibility of interest on home equity loans. NAR has been saying that the interest is still deductible for the part of the loan that’s used for home repairs, renovations, and additions. And that’s the correct interpretation, according to the IRS. The agency confirmed… Continue Reading Yes, Interest on Home Equity Loans is Still Deductible