Michael Crist

Sales of distressed properties accounted for four percent of sales in October 2017, a decline from a peak of about 50 percent in 2009, according to the  October 2017 REALTORS® Confidence Index Survey.  From October 2008-October 2017, NAR estimates that 5.31 million foreclosed existing homes have been sold to homebuyers, and another 2.94 million were… Continue Reading Foreclosures on the Decline, with Large Inventory in New York, New Jersey, and Florida

By Melissa Dittmann Tracey, REALTOR® Magazine Bamboo is making its way into more home interiors. From flooring, window treatments to wall accents, furnishings and more, this sustainable material is popping up everywhere. Some designers are making bamboo their go-to material, which RISMedia recently highlighted in the article “4 Reasons Why Bamboo Is Taking Home Décor… Continue Reading Hot Home Trend: Bamboo Everything!

References are one-stop resource packages on dozens of subjects of interest to REALTORS®. On each page you’ll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used references from Information Services for the month of November 2017 was released today: Starting Your Career Real Estate Office Policy… Continue Reading Top Reference pages for November 2017

Holiday tips, inspections, tiny living, design, science, communities, and AI. Need a little inspiration as you decorate your home for the holidays? Buying a Christmas tree this season? Make sure you secure it! And don’t do this. Traveling to be with family or friends this holiday? Save money anywhere you go with these tips. Here… Continue Reading What We’re Reading: Nov. 27-Dec. 1

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