The housing finance market continues to normalize in the way of TRID and Brexit related delays. The average delay in time-to-close (TTC), the time from when a sale goes under contract to settlement, eased from 3.4 days in September to 2.8 days in October. Furthermore, the moderation was driven by a shift from settlements that… Continue Reading Closing Delays Continue to Subside
Technology, nature (bad), nature (good), inventory, toys, information, and Thanksgiving. Some genius devised a new, and much improved, use of drone technology! You might have heard something about the disappearance of bees over the past 10 years or so. Here are steps you can take to help the population. AJC1/flickr/2011 All those poor fish! This… Continue Reading What We’re Reading: November 14-18
The numbers are in for 2016—selling your home with a REALTOR® could get you $60,000 more on your home sale. From the recently released 35th anniversary edition of the Profile of Home Buyers and Sellers report, homes sold with an agent or broker received a median of $245,000 in 2016 compared to the median selling… Continue Reading Homes Sell For More With A REALTOR® Than If You Sell Solo, Research Says
Three years after the ability to repay (ATR) rule was implemented, the risky mortgage products that became common during the last boom and helped fuel the unsustainable run-up in prices are rare. That is one of the key takeaways from the 12th Survey of Mortgage Originators (SMO) which covers lenders’ insights on trends and policy… Continue Reading Lesson Learned: Few Risky Mortgage Products in the Market
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department’s October report on residential construction: “Housing starts soaring past the 1.3 million mark for the first time since 2007 is big and welcoming news. The choke point of the housing market growth potential has been the lack of supply. The… Continue Reading Instant Reaction: October Housing Starts
CHICAGO (November 16, 2016) –The National Association of Realtors®’ venture capital fund Second Century Ventures has become a strategic investor in Trust Stamp, an identity authentication company that leverages artificial intelligence and blockchain technologies. Trust Stamp, a startup founded in 2015 by Gareth Genner and Andrew Gowasack, is one of eight companies that entered SCV’s vertical… Continue Reading Second Century Ventures Invests in Trust Stamp and Keeping Realtors® Safe
NOTE: 4 of this week’s 5 items are about Google and Google products. Sorry if it seems unbalanced, but they’ve been busy, and putting out things that deserve attention. Amazon’s Echo has been a hit since its introduction, and it’s taken more than a year for a challenger to enter the voice-controlled smart home assistant… Continue Reading Google’s Home Steps Into the Ring Against Amazon’s Echo; Microsoft App Takes on Color Blindness; More
NAR Research released this morning its final outlook for the commercial real estate sector in 2016. Despite global and domestic headwinds and the likelihood of higher interest rates in the near future, the forecast for office, retail, industrial and multi-family space can best be described as “mostly sunny.” The U.S. economy showed promising growth in… Continue Reading Recap: Fourth Quarter Commercial Forecast
Brandon Doyle By Brandon Doyle Many real estate agents and business owners manage a Facebook page as a way to connect with old, new, and potential clients. Though your page may have a significant number of fans, what you might not realize is that your social media posts may only be reaching 12 percent of… Continue Reading 5 Ways to Make Your Social Media Posts Shareable
FOR IMMEDIATE RELEASE CONTACT: Sharon Delia (803) 772-5206 South Carolina REALTORS® release October market reports COLUMBIA, S.C. (November 16, 2016) -- South Carolina REALTORS® (SCR) today released its October housing market reports which indicate the market continues to move steadily at a comfortable pace. New listings were down one percent to 7,604. Pending sales decreased… Continue Reading South Carolina REALTORS(R) release October market reports