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By Patti Stern, PJ & Company Staging and Interior Decorating Has your property been on the market for months with little buyer interest? With a competitive fall market ahead, it may help to reassess the condition of your home, make necessary updates, then re-list a new and improved staged property to generate new buzz and [...]
At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates increased to 4.14 percent this July, up compared to 3.77 percent a year ago. Housing affordability declined from a year ago in July moving the index down 8.1 percent from 160.6 to 147.6. The median sales [...]
Hurricanes, copyright, retail, hygge, moving, design, archaeology, and rare animals. When the media tells you not to go outside during extreme weather, then goes out into extreme weather… Who owns the rights to the photo when a monkey takes a picture with an unattended camera? How will retail stores adapt to the changing needs of [...]
WASHINGTON (September 14, 2017) – The U.S. Senate today approved the nomination of Pam Patenaude as deputy secretary at the Department of Housing and Urban Development. Following is a statement from NAR President William E. Brown on the vote: “Pam Patenaude is the right choice for deputy secretary, and Realtors® are pleased to see her [...]
Iona Harrison (pictured center), chair of NAR’s Federal Taxation Committee, testifies before the Senate Finance Committee on tax reform. WASHINGTON (September 14, 2017) – Tax reform done right could yield savings and simplification that benefits average Americans, but history shows that misguided reforms can pose significant threats to the economy. That’s the message the National [...]
With talk of tax reform heating up on Capitol Hill, the National Association of Realtors® is offering a full-throated defense of tax incentives that promote homeownership. Iona Harrison, chair of NAR’s federal taxation committee, testified before the Senate Finance Committee at a hearing titled “Individual Tax Reform.” Harrison told lawmakers that tax reform offers a [...]
Lee Davenport By Lee Davenport Don wrote: “I have no creative gene so it takes me literally hours to create snazzy social media posts. I can’t spend that much time as a ‘solo-preneur,’ but I know the importance of my business being on social media. Dr. Lee, help!” Dr. Lee’s response: You are over-spending your [...]
Existing-home sales dropped 1.3 percent in July from one month prior while new home sales declined 9.4 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 [...]
WASHINGTON (September 12, 2017) — Commercial real estate price growth in large markets is expected to flatten over the next year, but strong leasing demand and investor appetite in smaller markets should keep the sector on solid ground, according to the latest National Association of Realtors® quarterly commercial real estate forecast, https://www.nar.realtor/reports/commercial-real-estate-outlook. Backed by the [...]
Safety is a concern in the real estate industry and it’s not limited to female agents. Recent NAR survey data show that a quarter of men in the business carry a gun to protect themselves. The survey is based on a sample of the NAR membership. Almost 49,000 members were sent the survey and a [...]