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Story Idea – Homeowners Are Finally Ready to Sell

2017-07-25T11:32:19-05:00July 25th, 2017|NAR|

According to a new survey from the National Association of REALTORS®, 71 percent of Americans believe that now is a good time to sell their home. This is an increase from 69 percent last quarter and 61 percent last year. The growing confidence in sellers will hopefully lead to more housing inventory later this year, [...]

‘Open House:’ A Tradition Still Alive and Growing

2017-07-25T11:10:32-05:00July 25th, 2017|NAR|

Do you scan the paper to find open houses while you are drinking your Sunday coffee? Despite all the changes technology has made in the housing market, the Sunday open house has undoubtedly been a tradition in real estate industry. In fact, it is a tradition that is still alive and growing, as Google search [...]

Instant Reaction: May Owners’ Gains Forecast

2017-07-25T08:27:56-05:00July 25th, 2017|NAR|

The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in May reached a new high and is up 5.6 percent from a year earlier.  But what does this mean for homeowners? Home prices affect the wealth of homeowners. As the price of housing increases, [...]

Existing-Home Sales Retreat 1.8 Percent in June

2017-07-25T03:05:27-05:00July 25th, 2017|NAR|

WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an increase in sales last month. Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include [...]

An Early Summer Cooldown for Housing

2017-07-24T14:06:31-05:00July 24th, 2017|NAR|

The 1.8 percent decline in existing-home sales in June should come as no surprise if you closely follow NAR’s Pending Home Sales Index, which have declined for three straight months. Activity has been weaker lately because prospective buyers continue to struggle overcoming the severely restricted inventory conditions and consequent run-up in home prices. As NAR [...]

5 Ideas to Increase the Value of a Basement

2017-07-24T02:00:25-05:00July 24th, 2017|NAR|

Photo courtesy Shannon Dittmann Article Submitted by Fixr.com The basement doesn’t just have to be a space to throw all of that extra storage. Show it as usable space, and it may even help you increase the value of the home. Basement remodels typically recoup about 70 percent of their costs at time of resale, which can [...]

What We’re Reading: July 17-21

2017-07-21T09:02:16-05:00July 21st, 2017|NAR|

Libraries, technology, home buying and selling, side hustles, innovation, social media, and fandom. Have you ever seen a more beautiful library? It’s always fun to see what past generations expected for the future. At the height of summer, it’s hard to imagine being without the luxury of air conditioning. Necessity is the mother of invention! [...]

Realtors®, House Financial Services Committee Reach Agreement to Move Key Flood Insurance Legislation Forward

2017-07-21T03:05:30-05:00July 21st, 2017|NAR|

WASHINGTON (July 20, 2017) – The National Association of Realtors® today said that significant improvements to the “21st Century Flood Reform Act,” key legislation aimed at strengthening and reauthorizing the National Flood Insurance Program, have cleared the way for endorsement of the bill. Among the changes, Realtors® support the House Financial Services Committee’s commitment to retaining [...]

Tech Companies You Need to Know

2017-07-19T17:12:26-05:00July 19th, 2017|NAR|

Meet the real estate tech companies providing promising tools to brokers, agents, and their clients. NAR and Second Century Ventures recently announced the new REach® Class of 2017, featuring a roster of startups focused on security, process digitization, information transfer, and more. Learn about this year’s class: Adwerx: A digital advertising company for real estate [...]

Net Neutrality Action Puts Real Estate Technology in Focus

2017-07-19T11:13:42-05:00July 19th, 2017|NAR|

In 1981, 22 percent of home buyers relied on advertisements in the newspaper to find their dream home, while 8 percent turned to a friend for word-of-mouth information. Since then, lots has changed. According to recent survey data from the National Association of Realtors®, nearly half of buyers headed to the internet as the first [...]

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