Existing-Home Sales Advanced 1.3% in July, Ending Four-Month Skid
Consumers are seeing more choices, and affordability is improving due to lower interest rates. www.nar.realtor – Research
July 2024 Foot Traffic
Nationally, Sentrilock home showings were up 1% year-over-year. Showings increased in the Northeast and the South regions of the U.S., and declined in the Midwest and West regions. www.nar.realtor – Research
Trends in Housing Affordability: Who Can Currently Afford to Buy a Home?
With mortgage rates recently falling below 6.5%, there has been an improvement in housing affordability. www.nar.realtor – Research
Team Tactics: 3 Ways to Run an Environmentally Conscious Real Estate Team
Those in the business of helping people buy and sell property in super-storm-damaged areas, have seen how more frequent weather disasters and other effects of climate change can have an impact on real estate. For those interested in reducing their global footprint, there are many ways real estate teams can contribute beyond the basics like… […]
Pending Home Sales Up 2% in October; All 4 U.S. Regions Record Gains
Pending home sales ascended in October, the third consecutive month of increases, according to the National Association of REALTORS® (NAR). All four major U.S. regions experienced month-over-month gains in transactions, with the Northeast leading the way. Year-over-year, contract signings increased in all four U.S. regions, led by the West. The Pending Home Sales Index (PHSI),… […]
Pending Home Sales Dropped 5.5% in July
Compared to one year ago, pending home sales increased in the Northeast but decreased in the Midwest, South and West. www.nar.realtor – Research
Inflation Numbers Rise Slightly in October; Rate Hike Up in the Air
Inflation rose slightly in October as the Federal Reserve tries to decide how much it should lower interest rates, the Commerce Department reported November 27. The PCE price index increased 0.2% in October. Excluding food and energy (so-called “core inflation”), the PCE price index increased 0.3%. The price of goods increased less than 0.1% and… […]
Real Estate and Technology Industry Veterans Launch The Helm
Real estate and technology industry veterans Danielle Wilkie and Heather Frick have announced the launch of The Helm—a coaching platform powered by trusted female minds in real estate. The Helm addresses a need for a more distinct coaching platform tailored to fit the occupational needs of seasoned female professionals within the real estate industry, as… […]
Revive Real Estate Marks 5th Anniversary with Holiday Fundraiser
Revive Real Estate has announced that in tribute to its 5th anniversary, the presale renovation firm is raising funds and collecting toys to benefit Children’s Hospital of Orange County (CHOC), a renowned pediatric health system dedicated to the well-being of children and families. Based in Irvine, Revive has set up a dedicated giving page, inviting… […]
Red (Flag) Alert! Guiding Buyers After Discovering a Property’s Problems – Part 1
Wouldn’t it be neat if when you first arrive at a home for sale there were actual red flags planted in the front lawn warning of ominous issues? It would sure save the time and effort of having to discover them yourself. Perfect world, right? Unfortunately, absurdist humor is just that, so it is often… […]