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Hot Home Trend: Geometric Patterns in Décor

2018-06-04T02:00:17-05:00June 4th, 2018|NAR|

By Melissa Dittmann Tracey, REALTOR® Magazine Color forecaster Pantone cited geometric patterns as one of the top home design trends to watch in 2018. Shapes and, in particular, circular ones are being showcased in more home decor. Greater use of bold, circular patterns are being infused into everything from accent pillows and rugs to wall [...]

April 2018 Pending Home Sales

2018-06-01T11:18:32-05:00June 1st, 2018|NAR|

NAR released a summary of pending home sales data showing that April’s pending home sales pace was down 1.3 percent last month and fell 2.1 percent from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead existing-home sales data [...]

Learning to Hear the Dog Whistle

2018-06-01T09:00:41-05:00June 1st, 2018|NAR|

Dog whistles are intended to be silent for everyone except for a select few listeners. But in his best-selling book, Dog Whistle Politics: How Coded Racial Appeals Have Reinvented Racism and Wrecked the Middle Class (Oxford University Press, 2014), Ian Haney López seeks to transmit a message all real estate professionals should be listening for. [...]

What We’re Reading: May 28-June 1

2018-06-01T08:53:28-05:00June 1st, 2018|NAR|

Volcanic activity, savings, privacy, population, math, How incredibly unlucky was this? This week in Questions We Didn’t Know Had to Be Asked… Phillippe Put/flickr/2014 We are always looking for ways to increase our savings, but there are a lot of ways to save that we miss. Cartwheel, for example. If this service hits Chicago, we can [...]

Pending Home Sales Fall in April, Third Lowest Level Since 2017

2018-05-31T09:08:02-05:00May 31st, 2018|NAR|

After modest increases in February and March, pending home sales dipped in April to their third-lowest level over the past year, according to NAR. The Pending Home Sales Index declined 1.3 percent to 106.4 in April from an upwardly revised 107.8 in March. With a decrease in March, the index is down on an annualized [...]

A Deeper Understanding of the Scourge of Racial Inequality

2018-05-30T08:49:52-05:00May 30th, 2018|NAR|

The pace of historic change can be at once laborious and swift. The passage of the U.S. Fair Housing Act in 1968 is a case in point. As a response to generations of discriminatory practices condoned by government, business, and societal norms of a different era, legislation protecting buyers, renters, and borrowers from exclusionary treatment [...]

Instant Reaction: S&P/Case-Shiller March Home Prices

2018-05-29T08:35:15-05:00May 29th, 2018|NAR|

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller release on March home prices: “The solid gain home prices of 6.5% in March added roughly $150 billion to housing wealth during the month. But the continuing run-up in home prices above the pace of income growth is simply not sustainable. From the cyclical [...]

How to Make a New House Your Own

2018-05-28T02:00:24-05:00May 28th, 2018|NAR|

By Julea Joseph, guest contributor The keys are in your buyer’s hands! They’ve gone through the process … the search, deciding, inspection, stress, closing, and finally, the elation of buying a new home. Now, they have to make it their own. Here’s how. Color –  Paint is the least expensive, easiest way to update a space.  It can [...]

Infographic: Home of the Brave – A Look at Active Military and Veteran Homeownership

2018-05-25T10:44:36-05:00May 25th, 2018|NAR|

Differences in household composition and financing options incentivize homebuying demand for veteran and active military, according to the 2018 Veterans & Active Military Home Buyers Profile, which evaluated the differences of recent active-service and veteran home buyers and sellers to those who have never served. Check out this infographic highlighting some of the report’s findings: [...]

April 2018 Existing-Home Sales

2018-05-25T10:31:14-05:00May 25th, 2018|NAR|

NAR released a summary of existing-home sales data showing that housing market activity this April fell 2.5 percent from last month and dropped 1.4 percent from last year. April’s existing home sales reached 5.46 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $257,900 in April, up 5.3 percent [...]

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