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By Patti Stern, PJ & Company Staging and Interior Decorating This spring has been one of our busiest home staging seasons with many sellers enjoying the benefits of preparing their homes early and marketing to targeted buyers – boosting the value of their property and selling quickly. However, there are sellers who are hesitant and… Continue Reading Key Points for Education Sellers That Home Staging Pays Off
This blog post was written by Karen Belita, Data Scientist. In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members if they have additional comments or information regarding the demand, demand-supply conditions, changing buyer profile and preferences, mortgage/credit issues, or other issues impacting the market in their own words. The additional comments supplied by… Continue Reading REALTORS® Reported “Low Inventory” as Major Issue in April 2017
Deal volume in large capitalization markets has been declining for the past five quarters, as investors approached capital deployment more cautiously against steep price appreciation and the promise of rising interest rates. The issue was on display during the first quarter of this year, with sales volume totaling $94.8 billion, an 18 percent year-over-year decline,… Continue Reading Mirroring Broader Trends, Commercial Sales in REALTORS®’ Markets Decline 4.4 Percent in Q1.2017
Technology, culture, architecture, food, spelling, travel, This report could add insight to how you should market yourself online. Need help visualizing your data? Google has you covered. With smart homes still coming into their own, you take the good with the bad. Have you considered implementing an employee wearable tech program to keep health costs… Continue Reading What We’re Reading: May 30-June 2
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for May: “Although job gains in May were on the soft side (138,000), the annual figure has been fairly consistent at over 2 million net new job creations. This implies that housing demand, which is more determined… Continue Reading Instant Reaction: May Jobs Report
There are few financial achievements and personal accomplishments greater than owning a home. It’s where memories are born and families establish their roots. In celebration of National Homeownership Month, NAR and America’s 1.2 million Realtors® will be touting the endless wealth and personal benefits of being a homeowner. The timely discussion kicked off today here in… Continue Reading Panel of Housing Experts Kick Off National Homeownership Month
June 1st marks the official start of hurricane season, with the National Oceanic and Atmospheric Administration already warning of an “above average” year in 2017. NOAA forecasters currently predict “a 45 percent chance of an above-normal season, a 35 percent chance of a near-normal season, and only a 20 percent chance of a below-normal season.”… Continue Reading Hurricane Season Starts Today. Are you Ready?
NAR released a summary of pending home sales data showing that April’s pending home sales pace is down 1.3 percent from last month and are down 3.3 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to close. They tend to lead Existing… Continue Reading April 2017 Pending Home Sales
While local conditions vary, the REALTORS® Buyer Traffic Index and the REALTORS® Confidence Index—Current Conditions for single-family homes, townhomes, and condominiums remained above 50 in April 2017, indicating that more respondents reported “strong” than “weak” conditions. Both indices were higher than their levels one year ago and in the previous month, except the condominium index… Continue Reading Highlights of the April 2017 REALTORS® Confidence Index Survey Report
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 May 2017 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for May 2017