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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 the respondents, the median expected price change is four percent. The chart below shows median expected price change by state based on… Continue Reading REALTORS® Expect Home Prices to Increase by Four Percent in the Next 12 Months

By Melissa Dittmann Tracey, REALTOR® Magazine  Just when everyone was getting their hygge on—a new staging style has taken hold. Instead of it being all about cozying up your home décor, now it’s all about stripping it down and being minimal. The Scandinavian concept of lagom began taking hold last year and is catching on… Continue Reading What’s the Buzz Behind the Lagom Home Style?

Happy Star Wars Day everyone! In honor of this day of intergalactic adventure, the National Association of REALTORS® has some information on some of the most out-of-this-world cities in America. Powered by WPeMatico

Happy Star Wars Day, Kentucky Derby, design, collections, decision-making,  and social media. May the 4th be with you. If you’re throwing a Derby party, Mint Juleps are probably on your menu. Jeremy T. Hetzel/flickr/2014 White cabinets are just the newest in a long series of kitchen color trends. If only our office could look like… Continue Reading What We’re Reading: April 30-May 4

Kyle Malnati By Kyle Malnati This is an excerpt from my article that will appear in the 2018 spring issue of Commercial Connections, available in print and online May 28. Even though the internet, email, and social media allow you to communicate, they do not connect you with your clients. Talking “kneecap-to-kneecap” in a conference… Continue Reading Email Marketing Tips for Commercial Agents

Picking a color for just one room in a home can be difficult, so choosing colors for an entire house can be overwhelming. Figuring out how to coordinate colors in the kitchen with the colors in the living room – not to mention the colors in the bedroom! – requires some effort. Experts recommend when… Continue Reading Story Ideas: Creating a Color Scheme for a Whole House

Professional appraisals are the foundation on which stable real estate markets are built, so ensuring appraisers are able to do their jobs to the best of their ability is vital to the industry. That’s why a report from the federal government on appraisal quality is welcomed. The Federal Housing Finance Agency found that appraisals ordered… Continue Reading What’s the Best Way to Ensure Appraiser Independence?

Home price appreciation is an important topic in today’s economy. Using data from the American Community Survey (ACS), we can analyze the gains and losses of property values over time. I estimated the median property values by state in 2017 using the FHFA index and the median property values from the (ACS). I then calculated… Continue Reading Property Values By State from 2005-2017

Existing-home sales and contract signings both saw modest gains in March, even as low supply and higher mortgage rates continued to affect overall affordability. Visit https://www.nar.realtor/videos/housing-minute to watch a 56-second, animated video from the National Association of Realtors® summarizing how the housing market performed in March, as well as a look at consumer optimism about… Continue Reading WATCH: Realtors® April Housing Minute