NAR released a summary of existing-home sales data showing that housing market activity this April slid 2.3 percent from last month but modestly improved 1.6 percent from last year. April’s existing-home sales reached the 5.57 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $244,800 in April, up 6.0… Continue Reading April 2017 Existing-Home Sales
The “double-whammy” of severely inadequate inventory conditions and home prices far outpacing incomes caused contract signings to slide last month. I sat down with NAR Chief Economist Lawrence Yun to discuss the reasoning behind the pending sales slowdown, what to expect going forward and if GDP will accelerate as the temperature heats up. Watch the… Continue Reading Contract Activity Declines for Second Straight Month in April
Newly-formed or relaunched state and local YPN groups are about to get a little help from their NAR friends. The National Association of REALTORS® Board of Directors gave final approval on a proposal put forth by the YPN Advisory Board to establish a $6,000 annual fund that would support events and programs to help networks… Continue Reading YPN Awarded Funds to Extend Reach
The following Field Guides have recently been updated in the Library: Green Property Management Green leases (also known as aligned leases, high performance leases, or energy efficient leases) align the financial and energy incentives of building owners and tenants so they can work together to save money, conserve resources, and ensure the efficient operation of… Continue Reading New and Updated in the Library – May 2017
Brandon Doyle By Brandon Doyle Census data shows that seniors, or adults age 65 and older, amount to a whopping 46.2 million U.S. citizens—and that was back in 2014. In the next two decades, research predicts that number will more than double. In other words, if you aren’t expanding your real estate expertise to include… Continue Reading 4 Tips to Specialize Your Work With Seniors
Rental management softeware company AppFolio is hosting a webinar on using the latest communication channels to reach rental households to expand your marketing reach. REALTOR® Magazine is promoting the webinar because it believes there could be information in it that’s valuable to rental property specialists, but the magazine isn’t participating in the webinar and is… Continue Reading Sponsor Webinar: Reaching Today’s Renters
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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 March reached a new high and is up 5.8 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: March Owners’ Gains Forecast
By Michele DiGirolamo, Guest Contributor from MoneyGeek.com If you’re in the market for a new home, there’s a way to save the environment and some cash at the same time: Consider a “green” mortgage. An energy-efficient mortgage (EEM), the umbrella term for these types of loans, allows buyers to fold expenses for energy-saving home improvements… Continue Reading Make That Home Greener: Energy-Efficient Mortgages
Workplaces, sandwiches, books, Star Wars, Lincoln’s love, and the future. We’re not saying money isn’t important, but this guy is seriously underestimating the effect of ball pits on our happiness at work. Maret Hosemann/flickr/2011 So you’ve adjusted your monitor or now you stand at work, but your body still feels battered? Check out the chart… Continue Reading What We’re Reading: May 22 – 26