The saying goes that all real estate is local, but in our global economy, not all buyers are local. In fact, according to NAR’s 2016 Profile of International Activity in U.S. Residential Real Estate, foreign buyers purchased more than $102 billion worth of U.S. residential real estate in 2015. With people from across the globe investing in… Continue Reading How Currency Fluctuations Impact the Global Real Estate Market
With the presidential election just four days away, speculation is running high at the 2016 REALTORS® Conference and Expo on how the outcome could affect housing policy. Jim Parrott, a senior fellow at the Urban Institute and owner of Falling Creek Advisors, said that while it’s hard to determine exactly what housing policy will look… Continue Reading What Will Housing Policy Look Like Under Clinton, Trump Administration? Experts Weigh in
This morning at the 2016 REALTORS® Conference & Expo, NAR Chief Economist Lawrence Yun presented his 2017 housing and economic forecast. He was joined by Dennis Lockhart, president and CEO of the Federal Reserve Bank of Atlanta. Read the full news release here. Powered by WPeMatico
FLY THE W!, floor plans, extra time, sea life, technology, home buying, travel, and science. THE CUBS WON THE WORLD SERIES!!! Fly the W! We aren’t the only ones who knew the Cubbies could pull it off! Chicago is a city of loyal fans! Max Goldberg/flickr/2016 This series ending couldn’t have been better if it… Continue Reading What We’re Reading: Oct. 31 – Nov. 4
ORLANDO, Fla. (November 3, 2015) — As the country heads into the final days of the general election, Realtors® are convening in Orlando, Florida for the 2016 REALTORS® Conference & Expo, themed "Educate. Innovate. Celebrate." This year marks the fifth time Orlando has played host to an NAR annual conference. More than 19,000 Realtors® and… Continue Reading Realtors® Gather in Orlando Focused on Real Estate Opportunities Ahead
WASHINGTON (November 3, 2016) — Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including… Continue Reading Housing Supply Crunch Accelerates Metro Home Price Growth during Third Quarter
Field Guides are one-stop resource packages on dozens of subjects of interest to REALTORS®. On each page you’ll find links to articles, books, web sites, statistics, and other material on each subject. The list of the most-used field guides from Information Central for the month of October 2016 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for October 2016
When NAR President Tom Salomone took office last November, he challenged the association’s more than 1 million members to go beyond what is expected in their business and in their community: to meet their responsibilities…and then some. More than 100 Realtors® attending the 2016 Realtors® Conference & Expo in Orlando this week accepted that… Continue Reading Realtors® and Orlando Habitat Help Make Home Happen
At the national level, housing affordability is up from a year ago for the third consecutive month. Mortgage rates ticked up and stood at 3.78 this September and increases are expected to continue. Housing affordability increased from a year ago in September pushing the index up 1.0 percent from 165.9 to 167.5. The median sales… Continue Reading September 2016 Housing Affordability Index
One tool the Northern Virginia Association of REALTOR® uses to help its members succeed is NAR’s Profile of Home Buyers ad Sellers. This year marks the annual report’s 35th anniversary, and to note the occasion, Ryan Conrad, NVAR’s CEO, sat down to talk about how his association uses the data and graphs in the report… Continue Reading How One Association Uses the Profile of Home Buyers and Sellers