The following is NAR Managing Director of Housing Research Danielle Hale’s reaction to today’s August jobs report from the U.S. Bureau of Labor Statistics: “2.4 million new jobs have been added since one year ago which bodes well for home sales in the year ahead. The pace of job additions seems to be slowing, but… Continue Reading Instant Reaction: August Jobs Report
Real estate veterans weigh in on home improvement projects that may offer some of the biggest impact at resale. Powered by WPeMatico
Sales of million-dollar homes are dropping. Is this drop a sign of trouble ahead for the luxury sector? Powered by WPeMatico
Some areas of the country are seeing higher shares of young adults still living with their parents. Powered by WPeMatico
Many shopping center department stores are getting the boot, but J.C. Penney is still thriving. Find out why.Powered by WPeMatico
For home buyers looking to live on the beach, they may have the best chances here if on a tight budget. Powered by WPeMatico
Being a homeowner means that your home is yours – even the things that need fixing. Is a faucet leaking? Are floor boards squeaky? Is a light-switch not working? Those issues are all yours to tackle. But what projects can you do yourself and what ones require the help of a trained professional? Taking on… Continue Reading Story Idea: Can You Do it Yourself?
Existing-home sales dropped 3.2 percent in July from one month prior while new home sales rose 12.4 percent. These headline figures are seasonally adjusted figures and are reported in the news. However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures. The raw count determines income… Continue Reading Raw Count of Home Sales (July 2016)
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 August 2016 was released today: Field Guide to Quick Real… Continue Reading Top Field Guides for August 2016
NAR released a summary of pending home sales data showing that July’s pending home sales are up 1.3 percent bouncing back from last month and also improved 1.4 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… Continue Reading July Pending Home Sales