A year after implementation of the Know Before You Owe rule, many REALTORS® expressed both support, but also frustration. The TILA-RESPA Integrated Documentation (TRID) or Know Before You Owe rule went into effect on October 3rd 2015. In early September, NAR Research surveyed nearly 2,500 REALTORS® to get their perspective on the impact of Know… Continue Reading TRID: A Year Later
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 September 2016 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for September 2016
HUD officials are developing new rules that will make it easier for buyers to get loans to buy condominium units and improve the process condo projects must go through to get certified by the FHA. The rules, set to come out at the end of October, follow the passage earlier this year of a new… Continue Reading Live Webcast: Understanding the New FHA Condo Financing Rules
Technology, vaccines, photography, laziness, home features, and identity. Have you updated your Yahoo account info yet? There is beauty in this new data center in the Arctic Circle. If you are one of the brave who downloaded the new iOS 10, you should be aware of some hidden features. How gullible are people? This gullible.… Continue Reading What We’re Reading: September 26 – 30
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WASHINGTON (September 29, 2016) — After bouncing back in July, pending home sales cooled in August for the third time in four months and to their lowest level since January, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 2.4 percent to 108.5 in… Continue Reading Pending Home Sales Retreat in August
Since 1981, the Profile of Home Buyers and Sellers has collected data on whether home buyers purchased a new home or a previously constructed existing home. For many people around the country, new home construction simply does not exist in their area and moving to a location with new homes becomes a geographic hike that… Continue Reading To Buy a New or Previously Owned Home
It’s becoming very clear that a decent number of prospective buyers this year continue to be pinched by supply shortages and the subsequent run-up in home prices. That’s why only one region saw an uptick in contract activity in August. Can you guess where? With its slower price growth and better inventory levels, only the… Continue Reading August Pending Home Sales Recap – When a Chart Says It All
NAR released a summary of pending home sales data showing that August’s pending home sales are down 2.4 percent from last month and also slipped 0.2 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to close. They tend to lead existing-home sales… Continue Reading August Pending Home Sales
FOR IMMEDIATE RELEASE CONTACT: Sharon Delia (803) 772-5206 Greenville's Gordon Seay named South Carolina REALTOR® of the Year Gordon Seay, SCR's REALTOR® of the Year with his wife Diane Seay (left), and his son Britt Seay (right) COLUMBIA, S.C. (September 27, 2016) -- South Carolina REALTORS® (SCR) named Greenville REALTOR® and Executive Vice President… Continue Reading Greenville’s Gordon Seay named South Carolina REALTOR(R) of the Year