NAR released a summary of existing-home sales data showing that housing market activity had its first year over year decline since November 2015. July’s existing-home sales slipped to the 5.39 million seasonally adjusted annual rate and existing-home sales are down 1.6 percent from a year ago. The national median existing-home price for all housing types… Continue Reading July 2016 Existing-Home Sales
Photo credit: Karen Eubank, Eubank Staging & Design By Melissa Dittmann Tracey, REALTOR® Magazine Glassy subway tile is nothing new, but it’s coming back stronger in kitchens and bathroom remodels in whites or bolder geometric patterns. “It’s classic, and a classic always remains,” says Karen Eubank, an interior designer with Eubank Staging & Design in… Continue Reading Subway Tile Makes a Comeback in Kitchens, Baths
From now until January, buyers likely will have more options of homes for sale with each passing month, as well as more negotiating power. ...Powered by WPeMatico
A MarketWatch columnist makes the case that right now is the best time ever to invest in real estate.Powered by WPeMatico
Many home owners are embarrassed by the amount of clutter in their garage, but they're trying to clean up their ways, as sales of garage-...Powered by WPeMatico
More buyers are considering the needs of their pets when looking for housing, The New York Times reports.Powered by WPeMatico
Millennials are taking out home equity loans at double the rate as baby boomers. Powered by WPeMatico
This year the Profile of Home Buyers and Sellers will hit its 35 year birthday. A lot can happen in 35 years! The benefit to collecting home buyer and seller data for 35 years is that demographic changes become explicitly apparent in time series exhibits. The other benefit is when data remains relatively flat, you… Continue Reading Demographic Trend Lines in Housing: Exciting? Yes! Here’s Why
Technology, science, sportsmanship, um, baseball, unique homes, paint, travel, www, and trade secrets. We dream of a world in which we have a strong WiFi signal in each room of the house. Have you updated your iPhone recently? You might want to. Pokemon Go is causing concern among some conservationists. Prepare ship for Ludicrous Speed!… Continue Reading What We’re Reading: August 22-26
Commercial fundamentals in REALTORS®’ markets continued gaining strength during the second quarter of 2016. Based on NAR’s Commercial Real Estate Market Trends report, leasing activity advanced. With demand for commercial space rising, developers have taken note and ramped up construction. New commercial construction mirrored the broader economic slowdown, posting a 5.3 percent gain from the… Continue Reading Vacancies Decline in REALTORS®’ CRE Markets