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August 2016 Existing-Home Sales Over Ten Years

2017-01-12T11:44:25-05:00October 6th, 2016|NAR|

Every month NAR produces existing-home sales, median sales prices and inventory figures. The reporting of this data is always based on homes sold the previous month and the data is explained in comparison to the same month a year ago. We also provide a perspective of the market relative to last month, adjusting for seasonal… Continue Reading August 2016 Existing-Home Sales Over Ten Years

The Business Case For Caring About Clients Long After the Sale Closes

2017-01-12T11:44:26-05:00October 6th, 2016|NAR|

It’s something many real estate professionals know about. Right after a sale closes, many clients don’t just like the agent that helped them; they love the agent that helped them, especially when the transaction went seamlessly and was even pleasant. Of course, happy buyers often make great sources of referrals snd, down the road, they’re… Continue Reading The Business Case For Caring About Clients Long After the Sale Closes

FHA Single Family Handbook Update Delivers Clarity for Appraisers, Say Realtors®

2017-01-12T11:44:26-05:00October 6th, 2016|NAR|

WASHINGTON (October 5, 2016) — Realtors® raised concerns earlier this year when the Federal Housing Administration’s “Single Family Housing Policy Handbook” included new requirements for appraisers to operate and physically observe appliances on a property during the completion of an appraisal. This inspector-type role far exceeded previously understood appraiser duties and... Read MorePowered by WPeMatico

Google Gets Serious About Hardware (and Hardware and Hardware and…), Plus Four More Items in Five for Wednesday

2017-01-12T11:44:26-05:00October 5th, 2016|NAR|

With the announcement of 5 new products, Google is (finally) getting serious about hardware. Facebook is rolling out “Secret Conversations” to their Messenger service; you and someone else who has opted into using it can now have device-to-device encrypted chats. Those who said 2016 will be the breakout year for VR are looking pretty wise… Continue Reading Google Gets Serious About Hardware (and Hardware and Hardware and…), Plus Four More Items in Five for Wednesday

Appraiser Concerns Addressed with Single Family Handbook Update

2017-01-12T11:44:26-05:00October 5th, 2016|NAR|

Appraisers are well-suited to offering an objective home valuation, but testing appliances is a job best left to a home inspector. That was the message Realtors® sent earlier this year when the Federal Housing Administration’s “Single Family Housing Policy Handbook” included fresh requirements for appraisers to operate and physically observe appliances in action as part… Continue Reading Appraiser Concerns Addressed with Single Family Handbook Update

Do Elections Affect the Housing Market in Washington, DC?

2017-01-12T11:44:26-05:00October 5th, 2016|NAR|

In view of the upcoming presidential elections, Washington, DC is getting ready to welcome the administration of the next president. But what does this mean for local housing market? Do elections affect housing market in the area? Let’s take a closer look at the single family existing home sales in the following areas in the… Continue Reading Do Elections Affect the Housing Market in Washington, DC?

True Tales of Terror in Real Estate: In the Darkness, I Heard a Voice Say, ‘Come In’

2017-01-12T11:44:27-05:00October 4th, 2016|NAR|

It’s the witching month once again, and as Halloween approaches, now’s the time to tell tales of ghosts, goblins, and ghouls. But some scary stories aren’t fake — and real estate professionals have some of the creepiest anecdotes. Anything can happen when you’re out in the field, and we’ve heard horrifying tales of vacant properties… Continue Reading True Tales of Terror in Real Estate: In the Darkness, I Heard a Voice Say, ‘Come In’

64 Percent of Contracts Were Settled on Time

2017-01-12T11:44:27-05:00October 4th, 2016|NAR|

In reporting on their last contract that went into settlement or was terminated over the period June–August 2016, respondents indicated that 64 percent of contracts were settled on time, 30 percent had delayed settlement, and six percent were terminated, according to the August 2016 REALTORS® Confidence Index Survey Report. Among contracts that had a delayed… Continue Reading 64 Percent of Contracts Were Settled on Time

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