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Imposing a 25 percent tariff on imports of steel and a 10 percent tariff on imports of aluminum, even if excludes those imports from Canada and Mexico, will raise the price of newly constructed home. The United States imported $47.83 billion of steel and aluminum commodities in 2017 on product types for which tariffs will [...]
The REALTORS® Confidence Index (RCI) survey[1] gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from February 2018. View and download the full report here. Market Conditions and Expectations The REALTORS® Buyer [...]
Steve Spano, president and chief operating officer of the Center for Internet Security, recently visited NAR’s Washington offices to discuss techniques real estate professionals can employ to stay safe online. Listen to his comments below. Powered by WPeMatico
Photo Credit: Pulte Homes By Melissa Dittmann Tracey, REALTOR® Magazine We’re seeing a revival of the 1960s love for velvet in home décor. Velvet has been making its way into more fashion and now it’s expected to make a bigger splash in home décor in 2018. This heavier fabric can add some luster to a [...]
To celebrate St. Patrick’s Day, the National Association of Realtors® is going green. Recent data has shown that Realtors® are seeing green properties and energy efficient homes becoming more popular with home buyers. According to the NAR Sustainability Survey, nearly half of Realtors® see consumer interest and demand for greener, more sustainable properties. Below are [...]
Existing-home sales declined 2.3 percent in January from one month prior while new home sales dropped 7.8 percent. These headline figures are seasonally adjusted figures and are reported in the news. However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures. The raw count determines income [...]
Housing, automation, language, valuation, St. Patrick’s Day, and management. Could 3D-printed homes solve the housing crisis? Time will tell. Thinking of buying a fixer-upper without HGTV’s help? Consider these things before buying to avoid money pits. Could autonomous vehicles be the difference between location, location, location, and just location, location? Marc van der Chijs/flickr/2015 The [...]
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on residential construction in February: “The fall in housing starts in February is a movement in the wrong direction. The key to economic prosperity at this juncture of economic expansion is to produce more new homes. That will help [...]
Samantha Jones By Samantha Jones Four-leaf clovers. The Blarney Stone. Horseshoes. Lucky rabbit’s feet. St. Patrick’s Day has me thinking about the luck of the Irish and good luck charms. But luck isn’t necessarily going to help you close a deal. In real estate, you’re bound to hit your fair share of hurdles. Obstacles and [...]
Happy Pi Day! Celebrated every year on March 14 – 3.14 – it is the perfect time of year to celebrate all things Pi. Here at the National Association of REALTORS® we are looking at some of our favorite Pie Charts from the most recent Profile of Home Buyers and Sellers (and eating a slice [...]