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Based on the Expectations & Market Realities in Real Estate 2017: Intersection of Global Change report—released by Situs RERC, Deloitte and the National Association of REALTORS®—commercial real estate (CRE) investors took a step back during 2016. Large cap CRE sales volume declined by double digits on a yearly basis, with $489 billion in closed transactions [...]
Before you all venture off to celebrate the Fourth of July weekend, take a look at our new monthly video series, Housing Minute. Housing Minute uses animated video to highlight in under one minute the most important housing data from NAR Research, including existing-home sales, pending home sales and other regular surveys. A new video [...]
Building materials, punctuation, architecture, technology, hiring, pollution, and Julia Child. You might avoid polystyrene packaging, but it is proving to have benefits as a construction material. Is the Oxford comma necessary? Only if you value clarity. You’re probably familiar with the exteriors of these architectural landmarks, but have you seen the interiors? We have a [...]
Where are these home value estimates coming from? By Karen Belita, Data Scientist The prevalence of technology gives anyone more access to a broad spectrum of information on the internet. In real estate, access to property details and values is easier due partly to Automated Valuation Models or AVMs. Automated Valuation Models spit out a [...]
Health care is on top of the Senate’s agenda right now but tax reform is not far behind. The exact shape of reform won’t be known until a proposal is put forward, but lawmakers in the House several months ago released a reform concept that raises serious concerns for the real estate industry. The administration [...]
Consumers have a lot to think about when they’re buying a home, including wiring large sums of money, and protecting themselves from fraudsters might be the last thing on their mind. The National Association of Realtors® and the Federal Trade Commission are encouraging consumers to stay vigilant, while reminding victims that they have options. The [...]
WASHINGTON (June 28, 2017) — The ongoing supply shortages that are propping up home prices in many metro areas caused pending home sales in May to slump for the third consecutive month, according to the National Association of Realtors®. None of the major regions saw an increase in contract activity last month. The Pending Home [...]
The wearables market seems to have cooled off quite a bit. But the Token Ring – which can open car doors, remember your passwords, and has some impressive security features – may heat things up again. I believe our own Chad Curry has previously written about this, but it’s so cool it bears repeating: the [...]
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 April reached a new high and is up 5.5 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, [...]
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