WASHINGTON (August 24, 2016) — Slowed by frustratingly low inventory levels in many parts of the country, existing-home sales lost momentum in July and decreased year-over-year for the first time since November 2015, according to the National Association of Realtors®. Only the West region saw a monthly increase in closings in July. Total existing-home… Continue Reading Existing-Home Sales Lose Steam in July
When Elizabeth Mendenhall, 2017 president-elect of the National Association of REALTORS®, visited YPN’s Leadership Retreat today, she didn’t go easy on them. In fact, she told them they needed to step up to leadership positions beyond their young pro networks and become wonks. Now, Mendenhall didn’t always see the path to leadership in this way.… Continue Reading Mendenhall to YPN: Time to Get Nerdy
While the market seems to have made steady progress adjusting to the TILA/RESPA Integrated Disclosure (TRID) rules and TRID-induced delays,[1] a new contract-delaying culprit may be re-surfacing. In addition to flashing yellow lights on affordability as home prices continue to rise faster than incomes, the housing market may be facing another hurdle stemming from appraisals.… Continue Reading Concern about Fast-Rising Prices, or Overworked Appraisers?
Commercial space is heavily concentrated in large buildings, but large buildings are a relatively small number of the overall stock of commercial buildings. Based on Energy Information Administration data approximately 72 percent of commercial buildings are less than 10,000 square feet in size. An additional 8 percent of commercial buildings are less than 17,000 square… Continue Reading Commercial Leasing Accelerates in REALTORS®’ Markets in Q2
REALTORS® Relief Foundation commits up to $350,000 as part of massive REALTOR® campaign to help those affected by August flooding.Powered by WPeMatico
At the 2016 NAR Leadership Summit, Chief Economist Lawrence Yun offered up a few key predictions for the next year or two, as well as one long-...Powered by WPeMatico
Most older adults say they intend to stay put in their homes as they age. But if that’s the case, they’ll need to more carefully...Powered by WPeMatico
If clients contact you on social media, they expect a quick response, or you risk making them angry.Powered by WPeMatico
If you live in one of these places, you are considered highly likable to others. Powered by WPeMatico
These are the cities to watch when it comes to real estate. Powered by WPeMatico