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A tale of two housing markets

This week the National Association of Realtors announced February sales of existing homes had fallen 3.7 percent from January, based on an estimated, seasonally adjusted and annualized 5.48 million homes, the decline attributed to a shortage of homes for sale...

31 percent of SF millennials live with their parents

Bay Area is mecca for people ages 18-34, and a plurality of them live with their parents According to the National Association of Realtors (NAR), San Francisco and San Jose are the ninth and tent most popular city for Millennials, here...Show More Summary

Existing home sales ease in February from a 10-year high

US existing-home sales fell 3.7% at a seasonally adjusted annual rate of 5.48 million in February, according to the National Association of Realtors. Economists had forecast that sales fell 2.5% at a seasonally adjusted annual rate of 5.55 million, according to Bloomberg. Show More Summary

Compass Collections, a new collaborative search tool, attracts 90% adoption

A real estate agent and their client send a slew of text messages over the day, play phone tag and shoot some emails to talk about houses that piqued their interest online. According to the National Association of Realtors, this...

Lawler: Early Read on Existing Home Sales in February

From housing economist Tom LawlerBased on state and local realtor/MLS reports from across the country released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at a seasonally...Show More Summary

Bright MLS Launches Government Affairs Support for REALTOR® Associations

Associations gave birth to the MLS, and have maintained a colorful relationship with their technology progeny. Types of MLSs in America include Association owned and member governed; Association owned and broker governed; and of course, broker owned with no Association involvement. Show More Summary

3 ways real estate brokers can improve their agent quality

The National Association of Realtor’s 2015 DANGER report cited the number of “nominal agents” as a major industry concern. The report’s author, Stefan Swanepoel, urged industry members to, “See each danger for what it is -- a potential threat that could impact you or some part of our industry.”...

Las Vegas Real Estate in February: Sales up 5.2% YoY, Inventory down Sharply

This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Southern Nevada Home Prices Keep Moving...Show More Summary

How to Get the Most Out of Your Home Inspection

3 weeks agoNews : The Cutline

According to data from the National Association of Realtors, in 2016, approximately 700,000 of the 6.1 million homes sold were new. A good way for homebuyers to be aware of potential problems with a home -- and gauge the potential costs -- is to have a home inspection. Show More Summary

Arizona Association of REALTORs Updated Purchase Contract – 2017

Every 5 years the purchase contract in AZ is overhauled and updated.  On Feb 1st the Arizona Association of Realtors rolled out the newest version taking the 9 page contract to a whopping 10 pages (and necessitating the updating of 15 ancillary forms). Show More Summary

Pending home sales drop to lowest in a year, down in January

``House hunters signed 2.8 percent fewer contracts to buy existing homes in January compared with December, although December's read was revised slightly higher, according to the National Association of Realtors. The group's so-called pending home sales index is now just 0.4 percent higher than January 2016, and this is the lowest reading since then. Show More Summary

Would-be buyers kept at bay as pending home sales slide in January

The real estate roller coaster continues as the National Association of Realtors' Pending Home Sales Index (PHSI) slides to its lowest level in a year...

Here come pending home sales ...

The National Association of Realtors will release data on pending home sales at 10 a.m. ET. Economists forecast that pending sales rose by 1% during the month, according to Bloomberg. The series serves as a forward indicator of future...Show More Summary

Existing Home Sales Jump to their Fastest Rate in Nearly 10 Years

The National Association of Realtors (NAR) reported that existing home sales increased 3.3 percent in January, rising to its highest annual level since February 2007. There were 5.69 million existing...

US existing home sales hit 10-year high in January

WASHINGTON, Feb 22 (Reuters) - U.S. home resales surged to a 10-year high in January as buyers shrugged of higher prices and mortgage rates, a sign of growing confidence in the economy. The National Association of Realtors said on Wednesday existing home sales jumped 3.3 percent to a seasonally adjusted annual rate of 5.69 million units last month. Show More Summary

Here come existing home sales ...

The National Association of Realtors will publish details of US existing home sales during January at 10 a.m. ET. Economists forecast that sales of existing condos, coops, townhomes, and single-family houses rose 1.1% at a seasonally...Show More Summary

Why the term ‘Realtor’ matters in the real estate profession

Marc Davison wrote a piece earlier this week exploring the hypothetical rebranding of the term "Realtor" applied to National Association of Realtors (NAR) members to make the term more relevant to the public...

Podcast: Crazy sht in real estate Episode 6 — Don’t quit on Detroit

Leading Detroit Realtor and president of the Detroit Association of Realtors Kamal Cheeks talks about how his city, despite being in the recovery stage, still faces struggles that the rest of the country can't imagine....

The salary you need to earn to buy a home right now in 23 of the most expensive housing markets in America

In the final quarter of 2016, home prices in the US climbed past expectations as the housing supply reached record lows, according to the National Association of Realtors (NAR). On average, 87% of the 150 housing markets tracked by NAR experienced rising home prices in 2016, up from an average of 75% in 2014. Show More Summary

Home prices reached peak levels in majority of metros in 2016

The National Association of Realtors (NAR) released its latest Metropolitan Median Area Prices and Affordability report, which boasted the best quarterly sales pace of the year and the highest sales prices since 2005 in half of the measured markets...

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