The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s release of U.S. Gross Domestic Product (GDP) during this year’s third quarter: “The economy looks solid as GDP grew by 2.9% on an annualized basis in the third quarter. This is only the very first read based on incomplete information and there will… Continue Reading Instant Reaction: Third Quarter GDP
WASHINGTON (October 27, 2016) — The National Association of Realtors® and Ulta Beauty are pleased to announce a new 10-year tenant partnership to bring Ulta Beauty’s retail store to the Realtor® Building at 430 North Michigan Avenue. Ulta Beauty is the largest national beauty retailer with more than 900 store locations across the U.S. featuring cosmetics,… Continue Reading Ulta Beauty to Open Retail Store on North Michigan Avenue
WASHINGTON (October 27, 2016) — Pending home sales shifted higher in September following August's notable dip and are now at their fifth highest level over the past year, according to the National Association of Realtors®. Increases in the South and West outgained declines in the Northeast and Midwest. The Pending Home Sales Index,* a forward-looking… Continue Reading Pending Home Sales Edge Up in September
Every year I like to take a look at some of the authors who are going to be speaking at the REALTORS® Conference and Expo, in the hopes of giving attendees a list of reading materials for the ride down, and to provide those who can’t attend an option for following along in a literary… Continue Reading A Reader’s Guide to Orlando
NAR released a summary of existing-home sales data showing that housing market activity bounced back this month. September’s existing home sales reached the 5.47 million seasonally adjusted annual rate and existing-home sales are up 3.2 percent from a year ago. The national median existing-home price for all housing types was $234,200 in September, up 5.6… Continue Reading September 2016 Existing-Home Sales
In the wake of the financial crisis, the national conforming loan limit was frozen at its 2007 level of $417,000. After nearly a decade of waiting, Federal regulators may finally be ready to raise that limit as well as several other important demarcations in the mortgage market. Expanded Limits for an Expanding Housing Market The… Continue Reading Price Growth Foreshadows Important Change for Mortgage Borrowers
Hard to believe, but Microsoft has *never* released a desktop computer; that changed today with the announcement of the Surface Studio PC. For what it’s worth, it’s got this long-time Mac fan intrigued. Related: the star of the show appears to be the Surface Dial, a new input device your creative friends are really going… Continue Reading Microsoft’s First Desktop PC Lifts Off; Google Fiber Crashes; More in Five for Wednesday
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Jason Lutz REALTOR® Magazine is letting people know about a sponsor webinar on how to make better use of Facebook and other social media sites in your business. Below is a description of what you’ll learn by Jason Lutz, COO of REsocialbot, the webinar’s presenter: Social media marketing: Why it’s never worked for you in… Continue Reading Sponsor Webinar: Why Social Media Has Never Worked For You
The World Series kicks off tonight and it’s already been on heck of an October of playoff baseball. Who can forget (yours truly hasn’t) Los Angeles Dodgers left-hander Clayton Kershaw causing Washington Nationals fans to make react like this when he came jogging out of the bullpen in the 9th inning of an electrifying Game 5. Or… Continue Reading The World Series Winner Is…