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By Melissa Dittmann Tracey, REALTOR® Magazine Are homeowners growing tired of the all-white kitchen? Some design experts believe so. White kitchens have been popular over the past few years, but Houzz editor and writer Mitchell Parker predicts that the number of homeowners who will get “white-kitchen fatigue” will grow in the new year. Some homeowners [...]
Ryan Fitzgerald By Ryan Fitzgerald What are your real estate goals for 2018? Writing them down is a great place to start. For a little inspiration, I decided to ask brokers and agents from all over the country what their goals are for 2018 with three specific questions: How do you set goals? What are [...]
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among the REALTOR® respondents, the median expected price change for the next 12 months was 2.9 percent. [...]
Winter, resolutions, records, strategy, housing, optimism, When it’s cold enough, boiling water does this. And falling water does this. When your pipes freeze, don’t do this. Do this instead. Need to clear snow from your roof? Be safe! Did you resolve to do something new this year? Here’s how to stick to it. Angel Mendoza/flickr/2018 [...]
NAR released a summary of existing-home sales data showing that housing market activity this November jumped 5.6 percent from last month and rose 3.8 percent from last year. November’s existing-home sales reached 5.81 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $248,000 in November, up 5.8 percent from [...]
A little over a year ago, at the 2016 REALTORS® Conference & Expo, I had the pleasure of hearing Bill Endsley, then secretary general of FIABCI-USA, talk about his organization’s latest publication, The City We Need Is Affordable. FIABCI, the International Real Estate Federation, is an organization of real estate professionals from all over the [...]
In the monthly REALTORS® Confidence Index (RCI) Survey, the National Association of REALTORS® asks members “What are your expectations for the housing market over the next six months compared to the current state of the market in the neighborhood(s) or area(s) where you conduct most of your business?” According to the Six-month Outlook REALTORS® Confidence [...]
Among first-time buyers who purchased a property through a mortgage in December 2016–November 2017, 61 percent, on average, made a zero to six percent downpayment, according to the November 2017 REALTORS® Confidence Index Survey. The share of first-time buyers who made a zero to six percent downpayment decreased from an average of 70 percent in [...]
The calendar may have turned to 2018 yesterday, but with one month of 2017 data remaining, here’s a look at some of the top housing highlights from last year: Strongest existing-home sales pace November: 5.81 million Slowest existing-home sales pace August: 5:35 million Most likely to be happy Home sellers: sales prices consistently rose around [...]
References are one-stop resource packages on dozens of subjects of interest to REALTORS®. On each page you’ll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used references from Information Services for the month of November 2017 was released today: Real Estate Office Policy Manuals Farming & [...]