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By Harry Parson, guest contributor A picture is worth a thousand words, and if you have bad photographs of your listing, it tells a thousand bad stories. So, when I recently took over a home that had been lingering on the market for more than a year, I focused on its photography and online presentation. [...]
NAR released a summary of pending home sales data showing that October’s pending home sales pace was down 2.6 percent last month and fell 6.7 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 [...]
What We’re Reading will be on vacation next week and will resume December 14. Landing on Mars, reading as therapy, dreams, cows, sleep texting and much more compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. NASA’S InSight craft successfully landed on Mars. Outwit the porch pirates with these tips. What do you dream about? Helping [...]
The REALTORS® Confidence Index (RCI) survey[1] 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 October 2018. View and download the full report here. Market Conditions and Expectations The REALTORS® Buyer [...]
With interest rates on the rise, REALTORS® expect the housing market to slightly weaken over the next six months compared to current conditions, according to NAR’s October 2018 REALTORS® Confidence Index Survey. For the first time since January 2012, the REALTORS® Confidence Index: Six-Month Outlook[1] registered below 50 across all family types: detached single-family homes, [...]
NAR released a summary of existing-home sales data showing that housing market activity this October, bounced back after six straight months of declines and was up 3.4 percent from last month, but dropped 5.1 percent from last year. October’s existing-home sales reached a 5.22 million seasonally adjusted annual rate. The national median existing-home price for [...]
Want to give your listing a little holiday flair–without going overboard? Elyza Brillantes, design program manager at Havenly, offers some of the following tips: 1. Infuse greenery. Greenery is always a must for staging your home so the space feels fresh. “For the holidays, seasonal greenery like evergreen boughs can be a lovely way to [...]
The NAR Board of Directors a few weeks ago made a few small but important changes to MLS and other rules to improve cooperation among brokers and reinforce the importance of associations’ ethics procedures. Here’s a brief recap. You can also learn about them in the latest Voice for Real Estate video. Proceeding With Ethics [...]
This Thanksgiving we look at how recent buyers are choosing their homes, and how their friends and family can influence their decision. While we don’t all get to see our families every day, for many home buyers having the option to do so can impact the home they purchase. Based on data from the recently [...]
After a year of anticipation, Amazon decided to split its new headquarters between Arlington County, VA and Long Island City, NY. Since Amazon picked not one but two locations for its second home, these two areas are expected to equally share the anticipated 50,000 well-paid jobs Amazon expects to add in the next 10 years. [...]