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NAR released a summary of existing-home sales data showing that housing market activity this December, fell after two straight months of gains and was down 6.4 percent from November. Sales of existing-homes dropped 10.3 percent from December 2017. December’s existing-home sales reached a 4.99 million seasonally adjusted annual rate. The national median existing-home price for [...]
By Lee Davenport What are you learning that’s new? If you are stuck in the loop of your daily grind, then consider the beginning of the year as a perfect time to shake up the doldrums with something that will grow your business. But how do you know what you don’t know? Reflect on these [...]
With rising interest rates and commodity prices still depressed, land sales and land prices continued to increase, although at a modest pace, during October 2017 – September 2018, according to the 2018 Land Market Survey of the REALTORS® Land Institute and the National Association of REALTORS®, an annual survey of land practitioners. Land sales in [...]
By Melissa Dittmann Tracey, REALTOR® Magazine A shipping container for hauling heavy freight in trains, trucks, and ships isn’t often associated with anything glamorous. But the housing industry wants to prove otherwise. Photos by: Rocket Lister, rocketlister.com This 3,000-square-foot home in Phoenix is made up of stacked shipping containers, but you’d never know it once you walked [...]
A picture of an egg, The Miracle on the Hudson remembered, Brazilian spiders and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Just waitin’ in line for a burger. Which do you prefer on Instagram–an egg or Kylie Jenner? We prefer the egg. Using Alexa in an open-plan office–not a great idea. Newsflash, [...]
At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.99 percent this November, up 19.1 percent compared to 4.19 percent a year ago. Housing affordability declined from a year ago in November moving the index down 10.6 percent from 161.0 to 144.0. The [...]
By Samantha Jones The old adage, “Rome wasn’t built in a day,” rings true more than ever at the beginning of a new year. Sure, 2019 means a theoretical blank slate and chance to improve every facet of our lives. Yet, sometimes we set ourselves up to fail with those lofty goals. I’m all for [...]
A 911 misdial, automatic beer ordering, lava and water and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Out of beer? This fridge will reorder for you. gfpeck/flickr/2009 Ooops, he dialed the wrong number (from space). Super Blood Wolf Moon–Game of Thrones episode or astronomical event? Being bored is good for you, according [...]
By Melissa Dittmann Tracey, REALTOR® Magazine As more homes get teched out, how do you make a home smart but stylish too? CES 2019—Las Vegas’ annual mega tech show—is showing off thousands of high-tech products, including a growing number to outfit a smart home. From smart mirrors to rollable TV screens, CES 2019 vendors are [...]
In 1981 when NAR first started tracking the data, the average age of a first-time homebuyer was 29. They made up 44 percent of all homebuyers. Sixty-eight percent of first-time buyers were married couples, 12 percent were single female and 13 percent were single male (seven percent were other). In contrast, in 2018, the average [...]