Daylight Savings Time, libraries, irony, design, smart homes, packaging, scam alert, trends, art, and travel. Ugh, it’s that time of year again. We think Arizona is onto something, but since we can’t ignore it, here are ways to make the best of it. Denise Mattox/flickr/2009 The concerns of libraries have changed over the years, but… Continue Reading What We’re Reading: March 6-10
The following is NAR Chief Economist Lawrence Yun’s thoughts on this morning’s U.S. Bureau of Labor Statistics’ February jobs report: “The boosts to business and consumer confidence over the past few months is evidently leading to faster hiring. The 235,000 net new job additions in February and 2.3 million over the past year will support… Continue Reading Instant Reaction: February Jobs Report
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the past three months, think of your most recent sales contract that was either settled/closed or terminated. Please explain how the deal concluded (settled, delayed, terminated, sale is pending, no contract signed).” Among respondents who had a contract that went into… Continue Reading 29 Percent of Sales Contracts in November 2016—January 2017 Had a Delayed Settlement
A week after the release of the Housing Price Index for the last quarter of 2016, the median home price per county[1] has been updated. Applying the price change in the related metropolitan areas, it seems that, compared to a year earlier, home prices continue to rise in 97 percent of the counties. Counties in the… Continue Reading County Median Home Prices
Anita Clark By Anita Clark Building a website, posting content, then hoping consumers find you online is a bit like putting a sign in a yard, performing no marketing, and hoping a bunch of potential buyers stop by or call for a preview. Getting your content found online by real estate consumers takes work. If… Continue Reading How to Use Co-Promote in Your Real Estate Marketing
International Women’s Day is celebrated internationally on March 8th each year. It is a day to acknowledge the economic, political, and social achievements of women. In recognition of this day we can examine the profile of women REALTORS® using the 2016 Member Profile. Women in Real Estate: Women make up 62% of all Realtors®, with… Continue Reading International Women’s Day 2017
WASHINGTON (March 7, 2017) — An improving economy, multiple years of strong job growth and the notable increase in home values in most markets fueled a greater share of purchases from Generation X households over the past year. This is according to the National Association of Realtors® 2017 Home Buyer and Seller Generational Trends study,… Continue Reading NAR Survey Finds Gen X on the Mend; More Children Living with Millennials and Boomers
Ensure that you review with your broker-in-charge how different builders in your area typically have compensated and operated with your brokerage in the past. Ensure that you do your best to comply with the requirements of the particular builder. Ensure that you educate buyers that when the buyers sign an "exclusive right to buy" agreement… Continue Reading Things to be aware of when dealing with new construction
The Federal Trade Commission’s “National Consumer Protection Week” kicked off on March 5, and a top consumer issue of importance to Realtors® is what will happen to the National Flood Insurance Program later this year. Over 21,000 communities depend on the NFIP to protect homeowners, and that includes plenty of homes that aren’t in coastal… Continue Reading Flood Insurance on the Agenda as National Consumer Protection Week Unfolds
There’s been a lot of hyperbole surrounding the housing wants and needs of millennials in recent years. Do they want to rent forever? No. Are they buying homes in the suburbs? Yes. Are they aware of the many low down payment programs available to them? No. Thankfully, the key findings from NAR’s 2017 edition of… Continue Reading 2017 NAR Generational Survey: It’s Not All About the Millennials