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REALTORS® Expect Slower Price Growth in Next 12 Months
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” The map below shows the median expected price change in the next 12 months among REALTORS® who… Continue Reading REALTORS® Expect Slower Price Growth in Next 12 Months
NAR President Tom Salomone Calls HUD Condo Rule a “Start,” but Says More Changes Needed
WASHINGTON (September 27, 2016) – When H.R. 3700, the “Housing Opportunity Through Modernization Act,” was signed into law earlier this year, the Department of Housing and Urban Development was given notice that they had 90 days to weigh in on regulations related to Federal Housing Administration financing for condominiums before changes automatically went into effect.… Continue Reading NAR President Tom Salomone Calls HUD Condo Rule a “Start,” but Says More Changes Needed
Outdoor Remodeling Projects See High Happiness and Financial Returns, Say Realtors®
WASHINGTON (September 27, 2016) — Homeowners looking to tackle a remodeling project should head outside, according to a new report from the National Association of Realtors® and National Association of Landscape Professionals. The 2016 Remodeling Impact Report: Outdoor Features shows that not only can outdoor remodeling projects add value to a home on resale, but they can also bring advantages… Continue Reading Outdoor Remodeling Projects See High Happiness and Financial Returns, Say Realtors®
Drive More Traffic to Your Real Estate Blog
Nathan Garrett By Nathan Garrett Did you know that there are more than 2 million blog posts published every single day? That’s almost 1,400 blogs posted every single minute! Some large, nationally syndicated websites alone will push out anywhere from 500 to 1,000 posts in a single day. So, how do you, as an agent,… Continue Reading Drive More Traffic to Your Real Estate Blog
Seasonal Housing Slowdown
Many local markets have been red-hot. A home seller might be tempted to wonder what is wrong with their home or REALTOR® if a buyer is not found in a month. Throughout this past summer, nearly half of homes listed found a willing buyer within a month: the median days on market nationally was 34… Continue Reading Seasonal Housing Slowdown
Congressional Committee Puts Credit Hurdles Under Microscope
The House Financial Services Subcommittee on Financial Institutions and Consumer Credit took a hard look at access to credit this week with a hearing titled “Examining Legislative Proposals to Address Consumer Access to Mainstream Banking Services.” Of particular interest to the National Association of Realtors® was discussion of two NAR-backed bills that seek to open… Continue Reading Congressional Committee Puts Credit Hurdles Under Microscope
Helping Family with A Downpayment For Their Dream Home
Consumers across income and education brackets would greatly benefit from increased awareness and financial understanding on downpayment requirements needed to obtain a mortgage. In NAR’s September Housing Opportunities and Market experience (HOME) report, a quarterly index measuring consumer sentiment on the housing market, respondents were asked topical questions regarding downpayments. The report found that 14… Continue Reading Helping Family with A Downpayment For Their Dream Home
Properties Were Typically on the Market for 36 Days in August 2016
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?” Properties stayed on the market for fewer days in August 2016… Continue Reading Properties Were Typically on the Market for 36 Days in August 2016
WWE Wrestlers: REALTORS® Deliver a KO for Home Shoppers
Now this is an endorsement that will body slam your competition. The Connecticut REALTORS® association has teamed up with WWE Superstars — a show filmed in Connecticut — in a new campaign to educate home buyers and sellers about the importance of using a REALTOR®. As part of the campaign, the association has released a… Continue Reading WWE Wrestlers: REALTORS® Deliver a KO for Home Shoppers