The following is NAR Managing Director of Housing Research’s Danielle Hale’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for June: June job gains bounced back to 222,000 net jobs added and revisions pushed previous readings for April and May higher by 47,000 jobs, which signals that the apparent weakness in past… Continue Reading Instant Reaction: June Jobs Report
WASHINGTON (July 6, 2017) — Sixty-two percent of sellers' agents say that staging a home decreases the amount of time a home spends on the market, according to the National Association of Realtors® 2017 Profile of Home Staging, www.nar.realtor/reports/profile-of-home-staging. "Realtors® know how important it is for buyers to be able to picture themselves living in a home… Continue Reading Home Staging Decreases Time on the Market, Finds Realtors® Report
In the second quarter release of the Housing Opportunities and Market Experience (HOME) report, NAR asked consumers their thoughts and perceptions on housing affordability in their communities. The responses were nearly split down the line, where 49 percent of buyers felt that homes are affordable for buyers with above average incomes, 41 percent felt that… Continue Reading Consumer Perception: Homes Are Affordable Only to Those With Above Average Incomes
Most home sellers know to keep their home clean and clutter-free while it is on the market, but sometimes taking the extra step of staging the home can help a home sell faster and for a higher dollar value. According to the National Association of Realtors® 2017 Profile of Home Staging, 62 percent of sellers’ agents say that… Continue Reading Staged for Sucess: NAR’s 2017 Profile of Home Staging
Have you ever wondered what the most common reasons are for selling a home? Or how smart home devices impact resale value? The librarians at NAR can help you find the answers through our research request service, a member benefit since the earliest days of the library. Some insight into what this process looked like… Continue Reading “Questions about Real Estate” Reveals Members’ Research Needs from 80 Years Ago
Even as organizations have embraced tweets, Facebook posts and other social media tools as central elements of their communications strategies, many are not paying enough attention to making sure the information they put out sends the message they intend. The result has been a slew of embarrassing, offensive and otherwise inappropriate information that organizations have… Continue Reading Social Media’s Power Is Tempered by Risk, Expert Says
James Vasquez By James Vasquez If you’re like most real estate agents, you probably source deals for your clients who are looking for fixer uppers or rental property using only one tool, your local multiple listing service (MLS); ours is San Antonio Board of REALTORS® MLS. When I first got started in real estate seven… Continue Reading 4 Ways to Find Off-Market Deals for Buyers
By Melissa Dittmann Tracey, REALTOR® Magazine Porching is gaining a following. And as the summer heats up, who doesn’t want to hang out on a cozy, stylish front porch or veranda while reading, sipping wine, or saying “hello” to neighbors as they pass by? Some houses were just made for porching too. Check out some of… Continue Reading The Best Homes for ‘Porching’
NAR released a summary of pending home sales data showing that May’s pending home sales pace is down 0.8 percent from last month and down 1.7 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to close. They tend to lead Existing Home… Continue Reading A Look at Pending Home Sales Numbers for May
Based on the Expectations & Market Realities in Real Estate 2017: Intersection of Global Change report—released by Situs RERC, Deloitte and the National Association of REALTORS®—commercial real estate (CRE) investors took a step back during 2016. Large cap CRE sales volume declined by double digits on a yearly basis, with $489 billion in closed transactions… Continue Reading Regulatory Framework Cuts Bank Capital for Commercial Deals in REALTOR® Markets