Building permits increased in most markets, but we see fewer permits and more expensive construction in high-priced markets. In the era of limited housing inventory, adding new construction is one of the means to deal with housing affordability issues. At the local level, metropolitan areas are doing the most to address the housing shortage by… Continue Reading Building Permits: A Closer Look
Contributed by TheHandyNest.com A dirty and filthy bathtub with spots and scratches is hardly a relaxing sight. It can also act as a breeding ground for germs and bacteria. Here we will be talking about some of the best ways on how to clean bathtub and how to protect it from dirt and spots. Materials Used… Continue Reading The Ultimate Guide to Cleaning a Bathtub (Based on the Type of Tub)
WASHINGTON (June 23, 2017) – Bob Goldberg has been named CEO of the National Association of Realtors®. Goldberg currently serves as NAR senior vice president of Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions for NAR. Goldberg was the choice of NAR’s leadership team after an extensive national search. He succeeds… Continue Reading Bob Goldberg Named CEO of National Association of Realtors®
As co-founder of a real estate organization that has grown over more than forty years from a single office in Denver into a global empire that today counts more than 100,000 agents, RE/MAX Chairman and Co-CEO Dave Liniger enjoys a unique view of the housing industry. Among his observations is that despite the advances in… Continue Reading RE/MAX Founder Discusses Challenges Facing Housing Market
NAR released a summary of existing-home sales data showing that housing market activity this May rose modestly 1.1 percent from last month and improved 2.7 percent from last year. May’s existing home sales reached the 5.62 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $252,800 in May, up… Continue Reading May 2017 Existing-Home Sales
Architecture, psychology, amusements, affordable housing, design, high price listings, mindfulness, and use. We know there are a lot of Frank Lloyd Wright junkies out there, so this list of roadtrip-able FLW houses is for you! Wait, FLW didn’t have an architecture degree? Neither did these famous architects! Is it really a surprise that dynamic descriptions… Continue Reading What We’re Reading: June 19-23
Ryan Fitzgerald By Ryan Fitzgerald Given the large financial requirement of buying a home, it’s often out of reach for a large portion of the U.S. population. The economic recession, which was triggered by the collapse of real estate and mortgage lending markets, further decreased home buying accessibility. A number of lenders have returned to… Continue Reading Educating Clients on HUD
WASHINGTON (June 21, 2017) – The House Financial Services Committee today concluded a markup on multiple pieces of legislation to reauthorize and reform the National Flood Insurance Program. Following is a statement from National Association of Realtors ® President William E. Brown: “Congress has less than four months to reform and reauthorize the critical National… Continue Reading Realtors® Highlight Flood Insurance Concerns as House Committee Finalizes Key Markup
WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major… Continue Reading Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High
Existing-homes rebounded nicely in May as more buyers navigated the headwinds of weaker affordability and limited listings in the affordable price range. It’s very evident that supply this spring severely lags demand in many parts of the country. It’s a big reason why home prices continue to outpace incomes and reached a new peak high… Continue Reading Low Inventory Is Pushing Prices Up and Days on Market Down