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TRID, Brexit, or Something Else?: Delays Level Off

2017-01-12T11:44:59-05:00August 12th, 2016|NAR|

The average time-to-close, as measured by closed listings reported from MLSs, rose modestly in July relative to a year earlier. July’s 3-day delay was roughly in line with the 3.1 day delay averaged over the prior 3 months. The July reading tied April for the second lowest since October of 2015. After falling sharply in… Continue Reading TRID, Brexit, or Something Else?: Delays Level Off

It’s National Middle Child Day, (..cough cough..) Don’t Forget!

2017-01-12T11:44:59-05:00August 12th, 2016|NAR|

For all the middle children out there: are you often categorized as an “attention-seeker” or perhaps “the forgotten one?” This may have slipped people’s mind, but today is National Middle Child Day! As the middle children of America celebrate August 12 as their national holiday, the National Association of Realtors® relates some of their data… Continue Reading It’s National Middle Child Day, (..cough cough..) Don’t Forget!

Brexit: Lower Rates with Little Delays

2017-01-12T11:44:59-05:00August 12th, 2016|NAR|

Brexit, the vote by British citizens to leave the European Union, could have far reaching implications for international trade, but it could take several years to realize the full impact. In the near term, it means lower mortgage rates, stronger refinances, and improved affordability for home buyers. For the 2nd quarter Survey of Mortgage Originators,… Continue Reading Brexit: Lower Rates with Little Delays

Cap Rates Compress in REALTORS® CRE Markets In Q2.2016

2017-01-12T11:44:59-05:00August 12th, 2016|NAR|

Commercial real estate transactions span the price spectrum, but tend to be measured and reported based on size. While the majority of buildings (81 percent) are relatively small (small cap CRE), with the bulk of commercial space (71 percent) concentrated in larger buildings (large cap CRE), larger buildings account for the majority of sales. CRE… Continue Reading Cap Rates Compress in REALTORS® CRE Markets In Q2.2016

What We’re Reading: August 8-12

2017-01-12T11:44:59-05:00August 12th, 2016|NAR|

Olympics, mortgages, castles, design, tedium, cookies, autonomous growth, reviews, and tech! Train for citius, altius, fortius, but don’t count on making a profit. Rule 40 prevents athletes from cashing in during the games. If a gold medal winner wants cash, they could sell their medal for $564. One (profiting) athlete just tied an Olympic record… Continue Reading What We’re Reading: August 8-12

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