In the NAR 2017 Choosing a Career in Real Estate: A Perspective on Gender, Race, and Ethnicity, respondents were asked what the typical sales price of the homes were in their main business area. While the million-dollar homes are reserved for only a small percent of the population (three percent of agents sold homes over… Continue Reading Typical Sales Price of Homes by Gender, Race, and Ethnicity
Since computers became a commonplace in business in the 1980′s, security and safety measures have been crucial in order to keep intellectual property protected. In today’s age, with the use of many different mobile devices and technology platforms, scammers have a variety of ways to steal personal information. In particular, scammers have turned their sights… Continue Reading Tips for Staying Cyber Secure on National Computer Safety Day
Existing-home sales and contract signings saw strong gains in October, but both remained below year ago levels because of the persistent supply and affordability barriers in much of the country. Watch above, or visit https://www.nar.realtor/videos/housing-minute to view a 56-second, animated video from the National Association of Realtors® summarizing how the housing market performed in October,… Continue Reading WATCH: Realtors® November Housing Minute
Amid strong demand and tight supply, REALTORS® reported that properties that sold in October 2017 were typically on the market for 34 days in October 2017, down from 41 days compared to October 2016, according to the October 2017 REALTORS® Confidence Index Survey.[1] During the August–October 2017, properties sold in less than 31 days in… Continue Reading In Which States Did Properties Sell Most Quickly in October 2017?
NAR released a summary of existing-home sales data showing that housing market activity this September inclined 2.0 percent from last month but fell modestly 0.9 percent from last year. October’s existing home sales reached 5.48 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $247,000 in October, up 5.5… Continue Reading October 2017 Existing Home Sales
A majority of buyers finance their home purchase with a down payment of 6 percent or less. How much does that actually amount to? Here is what a 6 percent down payment looks like in 5 major U.S. housing markets. Powered by WPeMatico
The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in September reached a new high and is up 6.2 percent from a year earlier. But what does this mean for homeowners? Home prices affect the wealth of homeowners. As the price of housing increases,… Continue Reading Instant Reaction: September Owners’ Gains Forecast
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller release on September home prices: “Home prices, after multiple years of fast growth, still show no signs of cooling because of the ongoing housing shortage in much of the country. The latest Case-Shiller price growth of 6.2% on a nationwide basis marks the… Continue Reading Instant Reaction: S&P/Case-Shiller September Home Prices
Of all the itemized deductions, the one for charitable contributions might seem to come out the best under tax reform. That’s because it’s the only deduction under both the House and the Senate versions of the bill that is largely undiminished. And yet charities complain donations will dry up under tax reform. What gives? “Provisions… Continue Reading Charity Deduction Faces Same Tax Reform Risk as MID
By Christy Matte, guest contributor Smart homes with security and automation features are becoming a hot trend, and they can be an exciting way to dazzle prospective home buyers (and up your staging efforts to a high-tech level at the same time). But if buyers have never experienced an automated home environment, rattling off a… Continue Reading Smarten Up Your Showings With Smart Home Technology