ORLANDO, Fla. (November 4, 2016) — Sustained by improving job growth and strong demand for multifamily housing, commercial real estate has been steadily recovering in recent years. Looking ahead to 2017, growth is expected to flow into the smaller markets, according to a commercial real estate forecast session today at the 2016 REALTORS® Conference &… Continue Reading Commercial Real Estate Forecast in 2017 Is Strong
ORLANDO, Fla. (November 4, 2016) — The value of homeownership is being borne out in cities across the country as home equity roars back, but the homeownership rate continues to hover around a 50-year low, despite a strong desire among Americans to own a home of their own. Bill Brown, 2017 president of the National… Continue Reading Realtors® Push to Expand Opportunities for Homeownership
ORLANDO, Fla. (November 4, 2016) – More millennials entering their prime homebuying years, rising household formation, and continued job gains boosting overall demand are expected to be behind the slight increase in existing-home sales in 2017, according to a residential housing and economic forecast session here at the 2016 REALTORS® Conference & Expo. Lawrence Yun,… Continue Reading NAR 2017 Forecast: Existing-Home Sales Up; A Turning Point for First-time Buyers
YPN members from across the country gathered Friday night at Mango’s Tropical Café in Orlando for the largest YPN networking reception of the year, and to celebrate the eighth annual Networks of the Year (NOTY) Awards. These awards are given to small, medium, large, and state REALTOR® associations with networks that consistently hold a variety… Continue Reading Announcing the 2016 Networks of the Year
The saying goes that all real estate is local, but in our global economy, not all buyers are local. In fact, according to NAR’s 2016 Profile of International Activity in U.S. Residential Real Estate, foreign buyers purchased more than $102 billion worth of U.S. residential real estate in 2015. With people from across the globe investing in… Continue Reading How Currency Fluctuations Impact the Global Real Estate Market
With the presidential election just four days away, speculation is running high at the 2016 REALTORS® Conference and Expo on how the outcome could affect housing policy. Jim Parrott, a senior fellow at the Urban Institute and owner of Falling Creek Advisors, said that while it’s hard to determine exactly what housing policy will look… Continue Reading What Will Housing Policy Look Like Under Clinton, Trump Administration? Experts Weigh in
This morning at the 2016 REALTORS® Conference & Expo, NAR Chief Economist Lawrence Yun presented his 2017 housing and economic forecast. He was joined by Dennis Lockhart, president and CEO of the Federal Reserve Bank of Atlanta. Read the full news release here. Powered by WPeMatico
FLY THE W!, floor plans, extra time, sea life, technology, home buying, travel, and science. THE CUBS WON THE WORLD SERIES!!! Fly the W! We aren’t the only ones who knew the Cubbies could pull it off! Chicago is a city of loyal fans! Max Goldberg/flickr/2016 This series ending couldn’t have been better if it… Continue Reading What We’re Reading: Oct. 31 – Nov. 4
ORLANDO, Fla. (November 3, 2015) — As the country heads into the final days of the general election, Realtors® are convening in Orlando, Florida for the 2016 REALTORS® Conference & Expo, themed "Educate. Innovate. Celebrate." This year marks the fifth time Orlando has played host to an NAR annual conference. More than 19,000 Realtors® and… Continue Reading Realtors® Gather in Orlando Focused on Real Estate Opportunities Ahead
WASHINGTON (November 3, 2016) — Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including… Continue Reading Housing Supply Crunch Accelerates Metro Home Price Growth during Third Quarter