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At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates rose to 4.77 percent this September, up 14.9 percent compared to 4.15 percent a year ago. Housing affordability declined from a year ago in September moving the index down 8.4 percent from 160.1 to 146.7. The [...]
Calling all stagers and real estate professionals! We want to see your best photos of staging the following areas in a home: The Entryway Fireplace Master Retreat Do you have a photo to share showing off how you perfectly staged these areas? If so, please email Realtor Magazine writer Melissa Dittmann Tracey at mtracey@realtors.org. You and [...]
By Dale Swanton It’s no secret that the best salespeople also tend to be the best at customer service. After all, good customer service leads to happy and loyal customers, and happy and loyal customers lead to repeat and referral business. Referrals are crucial to long term success in real estate, yet many agents aren’t building [...]
The National Association of REALTORS® reported that quarterly home prices increased again this past quarter. Prices continued to rise, with 93% of the markets showing home price appreciation. While, single-family home price growth is slowing and median family incomes are rising, affordability has been declining. Knowing the mortgage rates and the qualifying incomes for down [...]
In a monthly survey of REALTORS®, respondents are asked “In the neighborhood(s) or area(s) where you make the most sales, what are your expectations for residential property prices over the next year?” Among approximately 3,000 REALTORS® who answered this question in the September 2018 REALTORS® Confidence Index Survey, the median expected price change in the [...]
By Melissa Dittmann Tracey, REALTOR® Magazine That spot over the stove is prime real estate in the kitchen these days. Lately that space is being reserved for a decorative hood, which is becoming almost like a centerpiece of the kitchen. Stainless steel hoods have been all the rage in recent years. But brass hoods and [...]
The Titanic II, walkable cities, Gettysburg ghosts, prefab houses and much more compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Find your polling place with help from Hall & Oates! Becky/flickr/2012 Swimming in a Mickey Mouse pool at a Disney-themed house. Saving cacti and succulents in the Sonoran Desert. The benefits of reusing old [...]
NAR members and Association staff can borrow up to six electronic books, digital audios and/or videos at no cost, through the Virtual Library eBooks Collection. Members can also borrow up to three books for 30 days from the Library Catalog for a nominal fee of $10. Call Information Services at 800.874.6500 for assistance. Hyperfocus by Chris Bailey Hyperfocus [...]
By Lee Davenport Autumn is conference season! Typically, this is my favorite time of year—the leaves are turning, there’s a chill in the air, and it’s the perfect time to spend networking and learning at a conference (the REALTORS® Conference & Expo coming up this weekend in Boston, for instance). Unfortunately, there are some conference-goers [...]
Only five percent of REALTORS® stated that real estate was their first career in the 2018 Member Profile. Most commonly, members held previous full-time careers in management/business/financial sector (16 percent), and sales/retail (16 percent). Respondents are able to select from a list of options that best represents their previous career. For 19 percent of REALTORS®, [...]