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Home Staging Could Pay for Itself and Increase Seller Equity

2017-09-05T11:40:28-05:00September 5th, 2017|NAR|

According to 31 percent of REALTORS® who work with buyers, staging a home before listing it for sale on the market could have a price increase of up to five or 10 percent. On a $300,000 home, that could add between $15,000 and $30,000, paying for the cost of home staging and increasing a seller’s… Continue Reading Home Staging Could Pay for Itself and Increase Seller Equity

NAR Leads Coalition to Confirm Pam Patenaude as Dept. HUD Secretary

2017-09-05T11:07:35-05:00September 5th, 2017|NAR|

It’s been four months since the White House announced Pam Patenaude as their selection for Deputy Secretary at the Department of Housing and Urban Development, but with her nomination still pending before the U.S. Senate, a diverse group of housing organizations is calling for action. In a letter to Senate Majority Leader Mitch McConnell and… Continue Reading NAR Leads Coalition to Confirm Pam Patenaude as Dept. HUD Secretary

7 Surprising Household Items You Can Use for DIY

2017-09-04T02:02:32-05:00September 4th, 2017|NAR|

By Jeffrey Ill, guest contributor The “Property Brothers” Drew and Jonathan Scott have teamed up with Esurance to create “DIY Ditties,” a series of humorous videos that offer tricks to fixing common household items. Whether it’s a clogged shower drain, crayon-graffiti walls, or rusted chrome on your beloved ride, keeping up with maintenance can seem… Continue Reading 7 Surprising Household Items You Can Use for DIY

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

2017-09-01T12:29:22-05:00September 1st, 2017|NAR|

Amid strong demand and tight supply, REALTORS® reported that  properties that sold in May–July 2017 were typically on the market for less than 31 days in 29 states and in the District of Columbia, according to the July 2017 REALTORS® Confidence Index Survey.[1] Properties sold quickly in states such as Washington (20 days), Colorado and… Continue Reading In Which States Did Properties Sell Most Quickly in July 2017?

Labor Day 2017: Celebrating Hard-Working REALTORS®

2017-09-01T11:53:40-05:00September 1st, 2017|NAR|

Looking at data from the 2017 Member Profile we recognize REALTORS® for their hard work and successes this Labor Day. Sixty-five percent of REALTORS® are licensed as sales agents, 22 percent as brokers, 15 percent as broker associates, and two percent as appraisers. The majority of REALTORS® specialize in residential brokerage at 70 percent, with… Continue Reading Labor Day 2017: Celebrating Hard-Working REALTORS®

A Breakdown of NAR Commercial Members’ Income

2017-09-01T11:18:49-05:00September 1st, 2017|NAR|

Half of all members are brokers (47 percent) and a third are sales agents (30 percent). The median gross income for brokers in 2016 was $154,900 compared to sales agents at $81,300. The median annual gross income for all commercial members was $120,800 in 2016, an increase from $108,800 in 2015, but slightly below 2014… Continue Reading A Breakdown of NAR Commercial Members’ Income

What We’re Reading: Aug. 28-Sept. 1

2017-09-01T09:02:24-05:00September 1st, 2017|NAR|

Hurricane Harvey, “resimercial,” solar energy, marketing, art, biometrics, childhood, and Apple rumors. The REALTORS® Relief Foundation is one way of helping victims of the destruction Hurricane Harvey has left in its wake. As good as a beer might sound to dull the stress, Anheuser-Busch is canning something more valuable to hurricane victims at this time.… Continue Reading What We’re Reading: Aug. 28-Sept. 1

Are Child Care Expenses Affecting Home Buying?

2017-09-01T09:00:41-05:00September 1st, 2017|NAR|

There is no doubt about it: children are expensive. According to a report from the Department of Agriculture, it costs an average of $233,610, or $13,000 a year, to raise a child from birth to age 17 in the United States. That expense may impact many families’ housing decisions, and so the National Association of… Continue Reading Are Child Care Expenses Affecting Home Buying?

Pending Home Sales Lessen 0.8 Percent in July

2017-09-01T03:05:30-05:00September 1st, 2017|NAR|

WASHINGTON (August 31, 2017) – Pending homes sales stumbled in July for the fourth time in five months as only the West saw an increase in contract activity, according to the National Association of Realtors®. The Pending Home Sales Index,*www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, decreased 0.8 percent to 109.1 in July from… Continue Reading Pending Home Sales Lessen 0.8 Percent in July

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