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Baseball’s best stars gather at Marlins Park in Miami tonight for the 88th MLB All-Star Game. Similar to the heat coming out of pitchers’ hands and off the bats of the game’s best hitters, Miami’s housing market is hot right now. Check out these stats courtesy of the Miami Association of Realtors on housing activity in May:… Continue Reading Bringing the Heat: the MLB All-Star Game and Miami’s Housing Market

Simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income and helps better assess how busy the market has been. Existing home sales increased 1.1 percent in May from one month prior while new home sales rose 2.9 percent.  These headline figures are seasonally adjusted… Continue Reading Home Sales for May 2017: Raw Count

By Melissa Dittmann Tracey, REALTOR® Magazine  Don’t underestimate the power of a space based on its size. Sure, your listing may be size-challenged in the yard department, but that doesn’t mean it can’t still be a showpiece. “As building lots continue to be smaller and scarcer, lot preparation with the goal of maximizing livable outdoor… Continue Reading That Small Backyard Can Still Be a Selling Point

In an update to the “Know Before You Owe” mortgage rule, the Consumer Financial Protection Bureau stated clearly that it is “usual, accepted, and appropriate” for real estate agents and brokers to have access to the Closing Disclosure. The National Association of Realtors® cheered the announcement, having pushed vigorously for the clarification. In a statement, NAR President… Continue Reading CFPB ‘Know Before You Owe’ Announcement May Offer Relief for Agents on Disclosure Sharing

Field Guides 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 field guides from Information Central for the month of June 2017 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for June 2017

Demand, video, libraries, architecture, coffee, mobility, and the future. Who else has jumped on the cold brew bandwagon? This gorilla is all of us when it comes to baby videos. We’ve got nothing on this special library! U.S. Department of Energy/flickr/2015 This house has cast a spell on us! So much detail goes into these… Continue Reading What We’re Reading: July 3-7

The following is NAR Managing Director of Housing Research’s Danielle Hale’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for June: June job gains bounced back to 222,000 net jobs added and revisions pushed previous readings for April and May higher by 47,000 jobs, which signals that the apparent weakness in past… Continue Reading Instant Reaction: June Jobs Report

WASHINGTON (July 6, 2017) — Sixty-two percent of sellers' agents say that staging a home decreases the amount of time a home spends on the market, according to the National Association of Realtors® 2017 Profile of Home Staging, www.nar.realtor/reports/profile-of-home-staging. "Realtors® know how important it is for buyers to be able to picture themselves living in a home… Continue Reading Home Staging Decreases Time on the Market, Finds Realtors® Report

In the second quarter release of the Housing Opportunities and Market Experience (HOME) report, NAR asked consumers their thoughts and perceptions on housing affordability in their communities. The responses were nearly split down the line, where 49 percent of buyers felt that homes are affordable for buyers with above average incomes, 41 percent felt that… Continue Reading Consumer Perception: Homes Are Affordable Only to Those With Above Average Incomes

Most home sellers know to keep their home clean and clutter-free while it is on the market, but sometimes taking the extra step of staging the home can help a home sell faster and for a higher dollar value. According to the National Association of Realtors® 2017 Profile of Home Staging, 62 percent of sellers’ agents say that… Continue Reading Staged for Sucess: NAR’s 2017 Profile of Home Staging