In the last five years, San Francisco metropolitan area added 345,700 new jobs, but issued permits for only 20,241 single-family units. Meanwhile, home prices increased by 54 percent[1]. During the same period, Houston created 307,500 new jobs and permitted 173,638 new single-family units. Home prices rose 32 percent in Houston metropolitan area. This example reveals… Continue Reading Where Does Job Growth Outpace New Housing Construction?
Homes continued to sell quickly in June, but the lean inventory levels in many markets caused existing-home sales to shift downward. The news was better for pending home sales, as contract activity increased last month for the first time since February. Click on the video above or visit https://www.nar.realtor/videos/housing-minute to watch a 50-second, animated… Continue Reading WATCH: July Housing Minute
As the House and Senate continue their work to reauthorize the National Flood Insurance Program, the countdown to the program’s expiration continues as well. On September 30, the Federal Emergency Management Administration loses its authorization to write new flood insurance policies or renew existing policies for its customers. That means homeowners could potentially find their… Continue Reading In Two Months, the National Flood Insurance Program Expires
Anita Clark By Anita Clark Outsourcing in business is one of the most creative means of achieving your aims at a lower expense. In business or in any venture, great outsourcing tips helps in saving money and lessening the frustration of not having the necessary infrastructure to meet your needs. That is certainly true for… Continue Reading 6 Outsourcing Tips For Effective Hiring
By Melissa Dittmann Tracey, REALTOR® Magazine Want to make a bigger statement with a wall? Watercolor wallpaper can add some pizzazz and wispiness to an otherwise blah wall in the home. Pinterest called watercolor wallpaper one of the hottest trends that emerged from its home design survey in the U.K., in which the site analyzed… Continue Reading Watercolors on Walls? You Bet!
This week, NAR hosted the 2017 Sustainability Summit in Washington, D.C. Over the course of two days, Realtors® and industry professionals gathered to discuss emerging trends in energy efficiency and ways sustainability is shaping the market. NAR 2017 President-elect Elizabeth Mendenhall kicked off the summit and spoke about the importance of sustainability in real estate.… Continue Reading Realtors® Gather in Washington to Discuss Sustainability
History, technology, home additions, transience, science, libraries, Did you know that this classic fairground ride is rooted in war? Sure, being able to get a packet of Grandma’s Mini Sandwich Cookies out of the vending machine without having cash on you sounds good, but do you want your sandwich cookie habit tracked by your employer?… Continue Reading What We’re Reading: July 24-28
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on Q2 GDP: “The second quarter GDP growth rate was still unimpressive despite doubling the pace from the first quarter. The latest 2.6% expansion is still below the long-term historical average of 3.1% and what President Trump had campaigned… Continue Reading Instant Reaction: Q2 GDP
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Census Bureau report on the homeownership rate in the second quarter: “The homeownership rate rose by a decimal point to 63.7% over the quarter, but there was a more worthy gain of a near full percentage point from one year ago. The… Continue Reading Instant Reaction: Q2 Homeownership Rate
Alexis Craig By Alexis Craig We all want them. We all dream about them. I’m talking about leads coming from our own websites. It’s the Holy Grail of real estate marketing—coveted by many but acquired by few. Internet leads can be more profitable and easier to convert. Instead of running around every day chasing prospects,… Continue Reading 3 Tips to Get Leads From Your Website