In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members who reported about their most recent sale for the month “Did the buyer pay in cash, without financing the home?” The share of cash sales to residential sales continued to trend down, to 21 percent in 2017[1], down from 23 percent… Continue Reading Fewer Cash Sales, Investor Buyers, and Distressed Sales in 2017
By Melissa Dittmann Tracey, REALTOR® Magazine Consider adding more floral patterns into your staging. It’s bold and trendy, home designers say. Floral prints are seeing a revival in home design, according to the design community on Houzz, a home renovation and design platform. In fact, they are calling florals one of the hottest home design… Continue Reading Hot Home Trends: Florals Are Dressing Up Interiors
The New England Patriots and Philadelphia Eagles have had two weeks to rest, strategize and get pumped up for Sunday’s big game in Minneapolis. Here’s a look at how home prices have moved from the last time – in February 2005 – these two teams played each other in the championship game: Philadelphia … Continue Reading Sunday’s Football Rematch: A Tale of Two Cities’ Home Prices Since 2005
Lee Davenport By Lee Davenport Time-blocking (designating time on your schedule to work on a specific task) isn’t really a challenge. Whether you prefer pen and paper or an online system, you can fill your schedule with items galore. But the real trick is staying consistent with time-blocking. It helps if you know how to… Continue Reading Effective Habits of Time-Block ‘Bouncers’
New products, tech tips, design, real estate, Super Bowl parties, PR, fitness, and librarians. This is a pretty exciting product from a company called “Boring.” Oh, it’s not that kind of boring? Our mistake. Are you optimizing Google searches? Try these tips. Amazon’s design theme for this space is a little on the nose. Have… Continue Reading What We’re Reading: Jan. 29 – Feb. 2
Winter lovers and haters come together on the second day of February every year to see Punxsutawney Phil climb out of his hole and cast his prediction for how much longer before the snow and ice slowly makes way for green lawns and chirpy birds. Can a groundhog and his shadow also predict the direction… Continue Reading [Infographic] Forecasting a Shadow: Groundhog Day and Real Estate
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among the REALTOR® respondents who responded to the December 2017 survey, the median expected price change for… Continue Reading REALTORS® Typically Expect Home Prices to Increase 3% in 2018
The U.S. Court of Appeals for the D.C. Circuit has reinstated its prior holding that payments for bona fide services provided and made at fair market value do not violate the Real Estate Settlement Procedures Act, or RESPA. This decision reinforces NAR’s support of marketing service agreements. NAR President Elizabeth Mendenhall applauded the decision and issued… Continue Reading Realtors®: RESPA win on marketing service agreements
Tonight is the first blue moon since May 2016. How has the housing market changed since then? Check out this infographic from the National Association of Realtors®. Powered by WPeMatico
The following is NAR Chief Economist Lawrence Yun’s reaction to the Federal Reserve’s decision today not to raise short-term rates, as well as how monetary policy the rest of the year will influence mortgage rates: “The Fed will not be on standby for the remainder of the year. A total of three short-term rate hikes are likely.… Continue Reading Instant Reaction: Lawrence Yun on Today’s FOMC Statement and 2018 Outlook for Mortgage Rates