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
I recently came across this piece from Next City talking about a reading list for the city of Boston, and it got me thinking. Of course, a city-wide book club isn’t anything new; for more than a decade my fair town has put on One Book, One Chicago, in which our public libraries organize a… Continue Reading A City Reading
All regions of the U.S. posted an increase in pending home sales last month, except for the Midwest. Read more from NAR’s latest housing...Powered by WPeMatico
Who has the best safe room? For some in the luxury sector, these rooms have sparked a point of competition among home owners for who has the most...Powered by WPeMatico
A new survey shows that many home owners aren’t nearly as smart as they should be when it comes to home maintenance issues.Powered by WPeMatico
More companies are setting up reverse mentoring programs, realizing the younger generation may have some things to teach the older generation in...Powered by WPeMatico
Real estate companies will no longer be lumped in with banks and insurance firms in the stock market. The move to its own category likely will...Powered by WPeMatico
WASHINGTON (August 31, 2016) — Pending home sales expanded in most of the country in July and reached their second highest reading in over a decade, according to the National Association of Realtors®. Only the Midwest saw a dip in contract activity last month. The Pending Home Sales Index,* a forward-looking indicator based on contract… Continue Reading Pending Home Sales Tick Up in July