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What We’re Reading: January 15-19

2018-01-19T10:12:14-05:00January 19th, 2018|NAR|

Shortcuts, epidemics, VR, junk food, winter, technology, trends, and meteors. Save yourself a keystroke and implement these shortcuts. The flu is near epidemic threshold. If you’re sick, stay home. One Way Stock/flickr/2013 Some of our members might find this VR real estate game intriguing. Salted Caramel Pepsi is bad for you. Did that need to… Continue Reading What We’re Reading: January 15-19

REALTORS® Reported Strong Buyer Traffic but Weak Supply in Many States in November 2017

2018-01-17T12:09:37-05:00January 17th, 2018|NAR|

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion… Continue Reading REALTORS® Reported Strong Buyer Traffic but Weak Supply in Many States in November 2017

Price Forecasting the Winner of Super Bowl LII

2018-01-12T13:40:31-05:00January 12th, 2018|NAR|

The NFL’s Divisional Round kicks off this weekend, featuring a bevy of talented teams, including regular heavyweights, the New England Patriots and the Pittsburgh Steelers, as well as some newcomers (Jacksonville Jaguars and Tennessee Titans). While TV analysts and armchair quarterbacks dissect the rosters of each team to figure out who will be the winner… Continue Reading Price Forecasting the Winner of Super Bowl LII

In Which States Did Properties Sell Most Quickly in November 2017?

2018-01-11T12:02:09-05:00January 11th, 2018|NAR|

Amid strong demand and tight supply, REALTORS® reported that properties that sold in November 2017 were typically on the market for 40 days in November 2017, down from 43 days compared to November 2016, according to the  November 2017 REALTORS® Confidence Index Survey.[1] Amid tight supply, the median days on market have been broadly on… Continue Reading In Which States Did Properties Sell Most Quickly in November 2017?

Raw Count of Home Sales (November 2017)

2018-01-10T16:39:25-05:00January 10th, 2018|NAR|

Existing-home sales rose 5.6 percent in November from one month prior while new home sales increased 17.5 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… Continue Reading Raw Count of Home Sales (November 2017)

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