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SANTA ANA, Calif. – Nov 19, 2018 – The First American Potential Home Sales Model for the month of October 2018 finds that the housing market is underperforming by 6.5 percent due largely to the lack of inventory. “The primary culprit for the housing market’s performance gap remains severe supply shortages – homebuyers can’t buy […]
Study: Higher interest rates don’t stop millennial buyers PLEASANTON, Calif. – Nov. 16, 2018 – Millennial homebuyers continued to close purchase loans in September 2018, despite interest rates rising to the highest point in the year, according to the latest Ellie Mae Millennial Tracker. Interest rates on all loans rose to 4.87 percent in September, […]
Dear Anne: My Seller Wants to Keep her Listing Active By Anne Cockayne Nov. 19, 2018 – Dear Anne: My seller agreed to a contract with a sale of buyer’s property contingency, but my seller added a Kick Out Clause on the contract for sale and purchase, which the buyer then accepted. The seller is leery but […]
BOSTON – Nov. 6, 2018 – At the 2018 Appraisal Forum – held during the 2018 Realtors® Conference & Expo in Boston – a panel of experts focused on proper communication and cooperation approaches for agents and appraisers. The event began with a panel conversation between Lynn Madison, owner of Madison Seminars in Schaumburg, Illinois; John […]
BOSTON – Nov. 7, 2018 – Nearly 10 percent of Realtors® reported an increase in property values located near marijuana dispensaries, according to a new report discussing the impact of marijuana legalization on residential and commercial real estate. The National Association of Realtors (NAR) released the report, “Marijuana and Real Estate: A Budding Issue,” during the […]
WASHINGTON – Nov. 1, 2018 – Low inventory levels of moderately priced homes continued to stifle home sales, even as it maintained the trend of increasing metro market prices, according to the latest quarterly report by the National Association of Realtors® (NAR). The national median existing single-family home price in the third quarter was $266,900, up […]
ORLANDO, Fla. – Nov. 1, 2018 – Florida’s housing market had more sales, higher median prices, more pending sales and more new listings in 3Q 2018, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 72,843 in 3Q 2018, up 7.5 percent from the 3Q 2017 figure. […]
unsplash-logoNathan Wright SANTA CLARA, Calif. – Oct. 30, 2018 – Realtor.com released its annual Haunted Real Estate Report and calls the 2018 findings “spookier than one might expect.” The report found that one in three people – especially millennials – were willing to take a chance on a haunted home if there was something to […]
WASHINGTON – Oct. 29, 2018 – Single female buyers continue to be a powerful force in the market, while low inventory, rising interest rates and increasing home prices hold back first-time buyers despite their high interest in buying a home. The just-released National Association of Realtors®‘ (NAR) 2018 Profile of Home Buyers and Sellers also identifies numerous […]
TALLAHASSEE, Fla. – Oct. 9, 2018 – Vote by mail (Absentee) ballots have been mailed for the 2018 general election, which means Florida is just over a month away from choosing a new governor, a new cabinet, new congressional representatives and a host of other elected officials. It also means Floridians will soon be considering a […]