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SCR News Feed

What We’re Reading: June 26-30

2017-06-30T09:06:56-05:00June 30th, 2017|NAR|

Building materials, punctuation, architecture, technology, hiring, pollution, and Julia Child. You might avoid polystyrene packaging, but it is proving to have benefits as a construction material. Is the Oxford comma necessary? Only if you value clarity. You’re probably familiar with the exteriors of these architectural landmarks, but have you seen the interiors? We have a… Continue Reading What We’re Reading: June 26-30

Online Home Value Estimates Are NOT Appraisals

2017-06-29T14:07:50-05:00June 29th, 2017|NAR|

Where are these home value estimates coming from? By Karen Belita, Data Scientist The prevalence of technology gives anyone more access to a broad spectrum of information on the internet. In real estate, access to property details and values is easier due partly to Automated Valuation Models or AVMs. Automated Valuation Models spit out a… Continue Reading Online Home Value Estimates Are NOT Appraisals

What to Do When Wire Scammers Strike

2017-06-29T12:48:01-05:00June 29th, 2017|NAR|

Consumers have a lot to think about when they’re buying a home, including wiring large sums of money, and protecting themselves from fraudsters might be the last thing on their mind. The National Association of Realtors® and the Federal Trade Commission are encouraging consumers to stay vigilant, while reminding victims that they have options. The… Continue Reading What to Do When Wire Scammers Strike

Pending Home Sales Tumble in May for Third Straight Month

2017-06-29T03:03:08-05:00June 29th, 2017|NAR|

WASHINGTON (June 28, 2017) — The ongoing supply shortages that are propping up home prices in many metro areas caused pending home sales in May to slump for the third consecutive month, according to the National Association of Realtors®. None of the major regions saw an increase in contract activity last month. The Pending Home… Continue Reading Pending Home Sales Tumble in May for Third Straight Month

One of These Magic Rings is Available for Pre-Order, Plus Four More in Five for Wednesday

2017-06-28T13:16:58-05:00June 28th, 2017|NAR|

The wearables market seems to have cooled off quite a bit. But the Token Ring – which can open car doors, remember your passwords, and has some impressive security features – may heat things up again. I believe our own Chad Curry has previously written about this, but it’s so cool it bears repeating: the… Continue Reading One of These Magic Rings is Available for Pre-Order, Plus Four More in Five for Wednesday

Instant Reaction: April Owners’ Gains Forecast

2017-06-27T14:14:22-05:00June 27th, 2017|NAR|

The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in April reached a new high and is up 5.5 percent from a year earlier.  But what does this mean for homeowners? Home prices affect the wealth of homeowners. As the price of housing increases,… Continue Reading Instant Reaction: April Owners’ Gains Forecast

71 Percent of Homeowners Believe It’s a Good Time to Sell; Economic and Financial Confidence Dips: Realtors® HOME Survey

2017-06-27T03:06:24-05:00June 27th, 2017|NAR|

WASHINGTON (June 26, 2017) — Existing housing inventory has declined year over year each month for two straight years, but new consumer findings from the National Association of Realtors® offer hope that the growing number of homeowners who think now is a good time to sell will eventually lead to more listings. That's according to… Continue Reading 71 Percent of Homeowners Believe It’s a Good Time to Sell; Economic and Financial Confidence Dips: Realtors® HOME Survey

Growth of Property Values

2017-06-26T11:26:38-05:00June 26th, 2017|NAR|

Developing wealth is a hot topic in today’s economy. Some individuals have come to realize one efficient means of developing wealth is through home ownership and real estate. One way to determine this would be looking at the property values over time and monitoring the trend. Let us look at property values from the American… Continue Reading Growth of Property Values

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