While total housing inventory continues to fall year-over-year for the last 21 months, more markets are turning into a sellers’ market. Under limited inventory conditions, sellers get more confident. The increased demand exceeds the existing supply, which means that more buyers are seeking to purchase properties than there are available homes on the market. As… Continue Reading Sellers’ Markets: Where Do Sellers Get What They Ask?
Play ball! Baseball is a game of numbers just as much as it is of home runs, stolen bases and strikeouts. To celebrate the unofficial first day of spring, Major League Baseball’s Opening Day, the National Association of Realtors® is serving up a fastball of recent real estate facts that correspond to each of the… Continue Reading Real Estate on Opening Day: 9 Housing Stats for the 9 Baseball Field Positions [Infographic]
Field Guides 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 field guides from Information Central for the month of March 2017 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for March 2017
By Melissa Dittmann Tracey, REALTOR® Magazine Move over traditional styles. Contemporary and transitional-styled bathrooms are overtaking traditional in design preferences, according to the 2017 Kitchen & Bath Design Trends Report by the National Kitchen & Bath Association. The member survey reveals some of the following bathroom trends this year: Most popular color schemes: Whites, off/whites,… Continue Reading Most Popular Bathroom Trends for 2017
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members, “What are your expectations for the housing market over the next six months compared to the current state of the market in the neighborhood(s) or area(s) where you make most of your sales?” REALTORS® are generally optimistic about the existing homes… Continue Reading REALTORS® Expect “Strong” Housing Market Conditions Over the Next Six Months
Architecture, design, technology, archeology, color, traditions, April Fools, and art. A rendering of a new skyscraper has been released and is getting some mixed reviews. What do you think of it? The modern pencil celebrated its 159th birthday this week! Aaron Harmon/flickr/2006 We have a lot of Anglophiles in our office who would appreciate this… Continue Reading What We’re Reading: March 27-31
WASHINGTON (March 30, 2017) — On September 30, just six months from today, the National Flood Insurance Program will expire. The National Association of Realtors® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold; NAR has also issued a… Continue Reading With National Flood Insurance Program Expiring in Six Months, Realtors® Sound the Alarm
At a REALTOR® University Speaker Series held recently[1], Dr. Will Doerner, Senior Economist, Federal Housing Finance Agency (FHFA), presented research on how prices changed from 1990—2015 at the city, county, and ZIP code level[2]. To listen to the presentation[3], click Video. To download the study, click here. Several price indices and price measures are available… Continue Reading FHFA House Price Indices Indicate South and Midwest Experienced Fastest Price Growth from 1990-2015: A REALTOR® University Speaker Series Presentation
NAR released a summary of pending home sales data showing that February’s pending home sales improved 5.5 percent from last month and are up 2.6 percent from a year ago. February’s inclines show consumer confidence is strong going into the busier months of home purchases. Pending sales are homes that have a signed contract to… Continue Reading February 2017 Pending Home Sales
The National Flood Insurance Program provides affordable flood insurance to property owners across 22,000 communities, protecting homes and businesses from major flood disasters. But the program requires Congressional approval, and the clock is ticking. With just six months to go until a critical September 30 deadline, Realtors® are calling on Congress to do something about… Continue Reading Tick Tock! National Flood Insurance Program Expires in Six Months, and Realtors® Are Sounding Alarm Bells