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It’s National Puppy Day, one of the cutest days of the year (I’m looking at you National Kitten Day)! According to the National Association of REALTORS® 2017 report Animal House: Remodeling Impact, homeowners will be one of the largest groups celebrating our best furry friends. A large majority of surveyed animal owners, 83 percent, own [...]
Sixteen teams remain as play resumes this week in the men’s and women’s NCAA Basketball Championships. Here’s a sweet assist from the National Association Realtors® on where the number 16 shows up in recent housing survey data: Younger baby boomers (ages 52 to 61) made up 16% of buyers 16% of buyers have two children [...]
The following Field Guides have recently been updated in the Library: Updated in the Library at Realtor.org: Escrow Accounts/Earnest Money Escrow accounts are funds that a lender collects to pay the monthly mortgage insurance premiums, home owners insurance policy premiums and yearly property taxes. Earnest money, on the other hand, is a good faith sum [...]
WASHINGTON (March 22, 2017) — After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors®. Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, [...]
In late January, the new Trump administration froze a number of policy changes made in the waning days of the Obama Presidency. One such change, a 25 basis point increase in the mortgage insurance premium (MIP) charged by the Federal Housing Administration (FHA), was previously analyzed by NAR Research. Here we report local impacts of [...]
Talk to a Realtor® in much of the country right now and they’ll all echo a similar narrative: homes are selling quickly because there are not enough listings on the market. It’s why existing sales stumbled in February and price growth accelerated to its fastest pace in over a year (7.7 percent). Even more staggering, inventory [...]
Photo courtesy Paint Quality Institute Many do-it-yourself painters spend hours selecting the perfect paint colors, but give far less thought to the sheen they’ll use. That’s short sighted, according to Debbie Zimmer, spokesperson for the Paint Quality Institute. “Paint sheen affects not only the initial appearance of a paint job, but also its long-term performance,” says [...]
Economic activity continued on an upward trend in the last quarter of 2016, but at a slower pace, as the first estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis documented. Preliminary figures indicated that GDP rose at an annual rate of 1.9 percent, on par with the average 1.9 percent [...]
Listings, fashion, life hacks, office temp, weather, technology, cookies, and the web. A regal home has entered the market at a bargain price for someone. Twitter, we agree with you. Hard pass. Do you have any tricks to raising teens? This arrangement might be helpful. We seriously doubt the validity of this method. What do [...]
On St. Patrick’s Day, it’s a tradition for many to raise a glass and toast the luck o’ the Irish. For potential buyers without the luck of the Irish on their side, the number 10 may be what brings them the most good fortune when it comes to real estate and finding the perfect home. Why is [...]