Martin Luther King, Jr. Day is observed on the third Monday of January and marks the birthday of Rev. Dr. Martin Luther King, Jr. This holiday is also recognized as a day of service, and is an opportunity to serve your community. Based on data from the 2017 Member Profile and 2017 Firm Profile we… Continue Reading Martin Luther King, Jr. Day 2018
Lee Davenport By Lee Davenport Have ever wished there was a genie who could help you craft the perfect subject line to get more people to open your emails? Or come up with that eye-grabbing copy so your mailers don’t end up directly in the trash? How about some help writing social media posts that… Continue Reading A Hack to Help Your Marketing Grab More Attention
Amid strong demand and tight supply, REALTORS® reported that properties that sold in November 2017 were typically on the market for 40 days in November 2017, down from 43 days compared to November 2016, according to the November 2017 REALTORS® Confidence Index Survey.[1] Amid tight supply, the median days on market have been broadly on… Continue Reading In Which States Did Properties Sell Most Quickly in November 2017?
Existing-home sales rose 5.6 percent in November from one month prior while new home sales increased 17.5 percent. These headline figures are seasonally adjusted figures and are reported in the news. However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures. The raw count determines income… Continue Reading Raw Count of Home Sales (November 2017)
After five consecutive years of solid gains, home price growth in 2018 is likely to calm down measurably and rise by only 2% on a nationwide basis. Some states will actually experience a price decline, while others will still enjoy large gains. Since 2012, the national median home price has risen by 38% while the… Continue Reading Home Price Growth Will Slow In 2018, Some States May See Declines
Getting fit, donating to charity, being more punctual: are these among your New Year’s resolutions? If you’re having trouble sticking to becoming a new you, check out these apps that can get you back on track. We’re not sure when Tesla resolved to start manufacturing their solar roof tiles, but production is under way in… Continue Reading Struggling with New Year’s Resolutions? Tech Is Here to Help; More Stories in Five for Wednesday
Consumers are increasingly curious about smart home technology, and they’re turning to real estate agents as a vital resource for information. Forty-two percent of consumers recently surveyed say they would look to their real estate agent to provide suggestions about how staging their home with smart-home products could impact their sale, according to a new… Continue Reading Get Smarter About Smart Homes
While the new tax law is already in effect, here we estimate how home prices will trend in 2018 for each state. The new tax law reduces the limit on deductible mortgage debt and limits the deductibility of the real estate tax up to $10,000. These two provisions are expected to have an impact on… Continue Reading Tax Reform Impact and Home Price Outlook
By Melissa Dittmann Tracey, REALTOR® Magazine The mega consumer electronic showcase, CES, lands in Las Vegas this week. It may not be the place you typically go to for décor trends, but technology is having an undeniable influence in home design, like see-through refrigerators and smart lighting. Consumers look to you for expertise too. Forty-two… Continue Reading #CES2018: Tech Up Your Style
NAR released a summary of pending home sales data showing that November’s pending home sales pace was up modestly 0.2 percent last month and up slightly 0.8 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… Continue Reading November 2017 Pending Home Sales