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What We’re Reading: May 27-May 31

2019-05-31T08:11:09-05:00May 31st, 2019|NAR|

Queen Victoria wearing shades, a beautiful eagle, moving a very old house, and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Beautiful bald eagle photo from Canada. Celebrating Apollo 11 with Legos. Human Foosball in New Zealand. Tomas Fano/flickr/2009 We would not spend our money on this. Moving a house from Japan to [...]

Workforce Home Affordability as of April 2019

2019-05-30T15:14:05-05:00May 30th, 2019|NAR|

Employment conditions remain broadly positive as of April 2019, with 2.6 million jobs created from one year ago (April 2019 State Employment Monitor).  Wages are broadly rising faster than inflation in all industries, except for manufacturing and transportation and warehousing.  Employment is also shifting across industries, with an increasing fraction of jobs in health care, [...]

April 2019 Pending Home Sales

2019-05-30T15:07:53-05:00May 30th, 2019|NAR|

NAR released a summary of pending home sales data showing that April’s pending home sales pace was down 1.5 percent last month and fell 2.0 percent from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead Existing-Home Sales data [...]

Homebuyer Search Price Range is Nearly 20 Percent Below List Price

2019-05-28T15:42:20-05:00May 28th, 2019|NAR|

There continues to be a price mismatch between homebuyers and sellers, according to REALTORS® who responded to NAR’s April 2019 REALTORS® Confidence Index Survey. In April 2019, REALTORS® reported that 48 percent of homebuyers were looking for a home at $250,000 or below. However, only 40 percent of the homes that sellers’ agents listed were [...]

4 Moments You Missed at the D.C. Meetings

2019-05-28T15:34:09-05:00May 28th, 2019|NAR|

By Jef Conn The 2019 REALTORS® Legislative Meetings & Trade Expo have wrapped up, and if you weren’t able to attend, here’s just a glimpse of what you missed related to YPN. The friendships. When you walk into the YPN Advisory Board meeting at an NAR convention, you’ll notice a significant difference from other committees. [...]

Eye-Catching Home Accents That’ll Make All the Difference

2019-05-27T04:00:07-05:00May 27th, 2019|NAR|

By Patti Stern, PJ & Company Staging and Interior Decorating You want potential buyers to remember a property from the moment they step though the front door. Think beyond just furnishings and décor and present a lifestyle that they can envision—all through memorable, engaging home accents. Add in Pops of Bold Hues For the gorgeous [...]

Commercial Real Estate Prices Still Trending Up in 2019 Q1

2019-05-23T11:27:32-05:00May 23rd, 2019|NAR|

Amid sustained economic expansion and the lowest unemployment rate since 1953, commercial property prices are still broadly trending upwards although at a modest pace compared to past years, according to NAR’s 2019 Q1 Commercial Real Estate Trends and Outlook Report. Sales Activity In the small market (less than $2.5 million deals), commercial property prices rose [...]

What We’re Reading: May 20-May 23

2019-05-23T07:51:02-05:00May 23rd, 2019|NAR|

Commemorating D-Day with historic aircraft flights. Increase your productivity with houseplants. OiMax/flickr/2008 Repurposing old buildings into a skate park, a hotel and a restaurant. What is Bill Gates reading? Time for the hand sanitizer, people. The Post Office is testing self-driving mail delivery for two weeks. Buy a house, get a visa, too. Take your [...]

REALTORS® Confidence Index Survey: April 2019 Highlights

2019-05-22T15:06:52-05:00May 22nd, 2019|NAR|

The REALTORS® Confidence Index (RCI)[1]  survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from April 2019. View and download the full report here. Market Conditions and Expectations The REALTORS® Buyer [...]

D.C. Meetings Showcase YPN’s Incredible Growth

2019-05-21T15:31:33-05:00May 21st, 2019|NAR|

By Rob Reuter During the 2019 REALTORS® Legislative Meetings & Trade Expo—where more than 9,000 REALTORS® converged on the nation’s capital—Tuesday, May 14 was YPN day for members involved in the network. It began with the YPN Advisory Board meeting from 1-2:30 p.m. where the 20-member board convened to discuss progress on its goals since [...]

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