In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?” The chart below shows the median days on market by state.[1]… Continue Reading Median Days on the Market Declines to Lowest Level of 29 Days in April 2017
In the wake of a moderate 2016, the rate of economic growth remained tepid during the first quarter of 2017. Based on the second estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis (BEA), the United States economy rose at an annual rate of 1.2 percent. While the second estimate was… Continue Reading Rising Supply in CBD Markets Puts Pressure on Office Vacancies in the First Quarter of 2017
By Greg Geilman Photo credit: Morguefile.com/jonathan11 It’s difficult to understand how a reverse mortgage works and how selling a home with one differs from the standard procedure. The truth is that it’s very similar; the major difference is the way the lender manages the loan amount if it exceeds the home price. If you’re working… Continue Reading What to Know About Selling a Home With a Reverse Mortgage
By Patti Stern, PJ & Company Staging and Interior Decorating This spring has been one of our busiest home staging seasons with many sellers enjoying the benefits of preparing their homes early and marketing to targeted buyers – boosting the value of their property and selling quickly. However, there are sellers who are hesitant and… Continue Reading Key Points for Education Sellers That Home Staging Pays Off
This blog post was written by Karen Belita, Data Scientist. In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members if they have additional comments or information regarding the demand, demand-supply conditions, changing buyer profile and preferences, mortgage/credit issues, or other issues impacting the market in their own words. The additional comments supplied by… Continue Reading REALTORS® Reported “Low Inventory” as Major Issue in April 2017
FOR IMMEDIATE RELEASE CONTACT: Sharon Delia (803) 772-5206 It's a lucrative time to sell your home COLUMBIA, S.C. (April, 2017) -- South Carolina REALTORS® (SCR) today released its April housing market data indicating that now is the time to sell a home. New listings were down almost three percent to 10,323. Pending sales decreased 17… Continue Reading It’s a lucrative time to sell your home
FOR IMMEDIATE RELEASE CONTACT: Sharon Delia (803) 772-5206 SC REALTORS® Release March Market Numbers COLUMBIA, S.C. (March, 2017) -- South Carolina REALTORS® (SCR) released its March housing market data indicating a slight jump in new listings, but a decline in inventory. New listings were up 4.2 percent to 11,963, while pending sales decreased more than… Continue Reading SC REALTORS(R) Release March Market Numbers
Deal volume in large capitalization markets has been declining for the past five quarters, as investors approached capital deployment more cautiously against steep price appreciation and the promise of rising interest rates. The issue was on display during the first quarter of this year, with sales volume totaling $94.8 billion, an 18 percent year-over-year decline,… Continue Reading Mirroring Broader Trends, Commercial Sales in REALTORS®’ Markets Decline 4.4 Percent in Q1.2017
Technology, culture, architecture, food, spelling, travel, This report could add insight to how you should market yourself online. Need help visualizing your data? Google has you covered. With smart homes still coming into their own, you take the good with the bad. Have you considered implementing an employee wearable tech program to keep health costs… Continue Reading What We’re Reading: May 30-June 2
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for May: “Although job gains in May were on the soft side (138,000), the annual figure has been fairly consistent at over 2 million net new job creations. This implies that housing demand, which is more determined… Continue Reading Instant Reaction: May Jobs Report