Michael Crist

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So far Michael Crist has created 4551 blog entries.

81 Percent of First-time Homebuyers Made a Downpayment of Less than 20 Percent

2017-02-02T16:25:27-05:00February 2nd, 2017|NAR|

More first-time homebuyers avail of a low downpayment loan compared to all homebuyers, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among first-time homebuyers who obtained a mortgage and whose transactions closed in October—December 2016, 81 percent made a downpayment… Continue Reading 81 Percent of First-time Homebuyers Made a Downpayment of Less than 20 Percent

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EHS in 2016 by the Numbers – Part 2 – Least Common Closing Dates

2017-02-02T12:24:50-05:00February 2nd, 2017|NAR|

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Data Analyst, Hua Zhong. You probably know that home closings slow down during the holidays and the earlier part of the week. Here is the data to back up your intuition: The sales data for December 2016 is still preliminary, but… Continue Reading EHS in 2016 by the Numbers – Part 2 – Least Common Closing Dates

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Should Your Older Clients Buy a House Without Having to Make Monthly Payments?

2017-02-02T10:33:38-05:00February 2nd, 2017|NAR|

The retirement boom is on for baby boomers so expect a lot of downsizing in the years ahead as older homeowners replace their suburban house with a condo. Now, how do you respond if you have clients who want to use a reverse mortgage to buy their new place? It’s not your job to be… Continue Reading Should Your Older Clients Buy a House Without Having to Make Monthly Payments?

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NAR Finds Real and Imaginary Barriers Holding Back Prospective Homebuyers

2017-02-02T03:02:02-05:00February 2nd, 2017|NAR|

WASHINGTON (February 1, 2017) — Existing-home sales increased 3.8 percent to a 10-year high in 20161, but affordability pressures, student debt and possible confusion about down payment requirements prevented many aspiring homeowners from reaching the market, according to recent consumer insight from the National Association of Realtors®. NAR's Aspiring Home Buyer Profile analyzed 2016 quarterly… Continue Reading NAR Finds Real and Imaginary Barriers Holding Back Prospective Homebuyers

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Death of Malls

2017-02-01T16:56:07-05:00February 1st, 2017|NAR|

It wasn’t so long ago that I was a teenager spending free time socializing with my friends at our local, bustling mall. Our mall was shaped like a wagon wheel with an anchor department store at the end of each spoke, and kiosks and a carousel in the hub. We would browse store by store,… Continue Reading Death of Malls

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One Search Tip and Several Security Warnings, This Week in Five for Wednesday

2017-02-01T11:43:17-05:00February 1st, 2017|NAR|

It’s an oldie but a goodie, tip-wise: If you use ctrl+F (or command + F on Macs) to find specific words on a webpage, there’s a simple technique for doing the same thing on your mobile device. Facebook now supports USB security keys. Lots of information here if you want to make sure your Facebook… Continue Reading One Search Tip and Several Security Warnings, This Week in Five for Wednesday

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Top Field Guides for January 2017

2017-02-01T09:27:40-05:00February 1st, 2017|NAR|

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 January 2017 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for January 2017

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