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Amid strong demand and tight supply, REALTORS® reported that  properties that sold in June–August 2017 were typically on the market for less than 31 days in 29 states and in the District of Columbia, according to the August 2017 REALTORS® Confidence Index Survey.[1] Properties sold quickly in states such as Washington (19 days), Utah and… Continue Reading Homes Typically Sold in 30 Days Under Tight Supply Conditions in August 2017

Today is the first day of fall, and for homebuyers the crisper air means a golden opportunity to jump into the housing market. While all seasons offer reasons for people to get involved in real estate, September and October bring specific advantages for interested buyers. Eager sellers Many sellers try to sell their home in… Continue Reading Homebuyers Welcome the First Day of Fall

Pumpkin spice, New Vocabulary Words, Greening the Workspace, Bitcoin Real Estate Deals and Animal Photography Sick of Pumpkin spice already? (Personally, I was never into it in the first place)       flavourcurator.ca   Could binge watching TV be killing you or wrecking your sleeping habits? Retrofitted houses stand up to the latest Hurricane… Continue Reading What We’re Reading: September 18-22

First-time buyers accounted for 31 percent of  buyers who closed a sale in August 2017, according to the August 2017 REALTORS® Confidence Index Survey.[1]  The share of first-time buyers has been improving, although slowly, from less than 30 percent in 2013. Many potential first-time buyers are still on the sidelines, evidenced by the share of… Continue Reading Potential First-time Buyers Still on the Sidelines

National Association of Realtors® Associate Counsel Jessica Edgerton this week offered a Facebook Live audience what she called “a 100 percent, surefire way that business owners can protect their computer from cybercrime.” Edgerton good-humoredly recommended closing the computer forever, burying it in the back yard and lighting it on fire. “That is how you secure… Continue Reading Expert: There’s Only One Way to Remain “100 Percent” Cyber Secure

In NAR’s first report on student loan debt in 2016, survey respondents were among a wide age range, from Millennials to Generation X to Baby Boomers and the Silent Generation. This year, the Student Loan Debt and Housing Report 2017 focuses exclusively on younger millennials (born 1990 to 1998) and older millennials (born 1980 to… Continue Reading Student Loan Debt Adversely Affecting Millennials

WASHINGTON (September 20, 2017) — Existing-home sales stumbled in August for the fourth time in five months as strained supply levels continue to subdue overall activity, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West. Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are… Continue Reading Existing-Home Sales Subside 1.7 Percent in August

NAR released a summary of existing-home sales data showing that housing market activity this August slipped 1.7 percent from last month but modestly improved 0.2 percent from last year. August’s existing-home sales reached 5.35 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $253,500 in August, up 5.6 percent… Continue Reading August 2017 Existing-Home Sales

Autumn is upon us, and the changing of the seasons is a great time to put together creative YPN events that will get members excited to be involved. Here are five real-life ideas from YPN groups around the country. 1. Not Your Usual Cocktail Party. Lakes Area REALTORS® Association YPN will host a wine and… Continue Reading Fall YPN Event Ideas

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on residential construction in August. “Following August’s decline in new home construction, there will no doubt be a further temporary setback to housing starts in upcoming months due to the impacts of Hurricanes Harvey and Irma on Texas and… Continue Reading NAR Instant Reaction: August Housing Starts