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Affordability, Tight Supply Cause Vacation Home Sales to Plummet in 2016; Investment Sales Climb 4.5%

By |2017-04-12T03:07:44-05:00April 12th, 2017|NAR|

WASHINGTON (April 11, 2017) — Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016… Continue Reading Affordability, Tight Supply Cause Vacation Home Sales to Plummet in 2016; Investment Sales Climb 4.5%

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Vacation Home Sales Took a Vacation in 2016

By |2017-04-11T13:28:12-05:00April 11th, 2017|NAR|

Last year was a tale of two stories for second home purchases in the U.S. Despite home sales overall coming in at their strongest pace in a decade, sales to vacation buyers plummeted 21.6 percent to their lowest level (721,000) since 2013 (717,000). Meanwhile, the sizable demand for renting helped boost sales to individual investors… Continue Reading Vacation Home Sales Took a Vacation in 2016

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Giving Prospects Information They Can Use

By |2017-04-10T19:46:42-05:00April 10th, 2017|NAR|

Anita Clark By Anita Clark People visit your website for one of two reasons: 1. They might be looking for an agent. If that is the case, they are already half sold. As long as your website looks professional, shows you as credible, and makes it easy to contact you, you have a new client.… Continue Reading Giving Prospects Information They Can Use

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Story Idea: How NFIP Expiration Would Affect Homeowners

By |2017-04-10T11:46:23-05:00April 10th, 2017|NAR|

On September 30, less than six months from now, the National Flood Insurance Program will expire. The National Association of REALTORS® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold, but REALTORS® warn the program’s September 30 reauthorization deadline is a threat to… Continue Reading Story Idea: How NFIP Expiration Would Affect Homeowners

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Older Boomers: Most Satisfied Buyers Purchasing Forever Homes

By |2017-04-10T11:23:08-05:00April 10th, 2017|NAR|

Older Boomers, buyers aged 62 to 70 years, make up 14 percent of all home buyers in 2016. The median age for this group is 66 years old and they were born between 1946 and 1954. Within this group, they have the largest share of single female buyers at 21 percent. Their primary reason for… Continue Reading Older Boomers: Most Satisfied Buyers Purchasing Forever Homes

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The Silent Generation: Downsizing Homes & Joining Senior-Related Housing

By |2017-04-07T11:19:39-05:00April 7th, 2017|NAR|

The Silent Generation, buyers ages 71 to 91 years, make up the smallest share of home buyers by generation at only eight percent of all home buyers in 2016. The median age for this group is 75 years old and they were born between 1925 and 1945. They tend to have the smallest families; 97… Continue Reading The Silent Generation: Downsizing Homes & Joining Senior-Related Housing

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With National Flood Insurance Program Expiring in Six Months, Realtors® Sound the Alarm

By |2017-03-31T03:05:31-05:00March 31st, 2017|NAR|

WASHINGTON (March 30, 2017) — On September 30, just six months from today, the National Flood Insurance Program will expire. The National Association of Realtors® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold; NAR has also issued a… Continue Reading With National Flood Insurance Program Expiring in Six Months, Realtors® Sound the Alarm

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FHFA House Price Indices Indicate South and Midwest Experienced Fastest Price Growth from 1990-2015: A REALTOR® University Speaker Series Presentation

By |2017-03-30T15:30:57-05:00March 30th, 2017|NAR|

At a REALTOR® University Speaker Series held recently[1], Dr. Will Doerner, Senior Economist, Federal Housing Finance Agency (FHFA), presented research on how prices changed from 1990—2015 at the city, county, and ZIP code level[2]. To listen to the presentation[3], click Video. To download the study, click here. Several price indices and price measures are available… Continue Reading FHFA House Price Indices Indicate South and Midwest Experienced Fastest Price Growth from 1990-2015: A REALTOR® University Speaker Series Presentation

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Tick Tock! National Flood Insurance Program Expires in Six Months, and Realtors® Are Sounding Alarm Bells

By |2017-03-30T08:55:16-05:00March 30th, 2017|NAR|

The National Flood Insurance Program provides affordable flood insurance to property owners across 22,000 communities, protecting homes and businesses from major flood disasters. But the program requires Congressional approval, and the clock is ticking. With just six months to go until a critical September 30 deadline, Realtors® are calling on Congress to do something about… Continue Reading Tick Tock! National Flood Insurance Program Expires in Six Months, and Realtors® Are Sounding Alarm Bells

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6 REALTOR® Associations Honored for Community Outreach

By |2017-03-29T03:05:24-05:00March 29th, 2017|NAR|

WASHINGTON (March 28, 2017) – The National Association of Realtors® has honored six Realtor® associations across the country with Community Outreach Awards. These awards recognize associations that have worked within their communities to make them a better place to live and do business. “Realtors® are community leaders and are dedicated to building successful neighborhoods and… Continue Reading 6 REALTOR® Associations Honored for Community Outreach

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