Existing-Home Sales Sink 2.3 Percent
Existing-home sales sunk in April, dragged down by virtually absent supply, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.57 million, a 2.3 percent decrease from March, but a 1.6 percent increase from one year prior. Inventory increased, however, by 7.2 percent to 1.93 million—though still 9 percent below one year prior. “Last […]
Trump Administration Proposes 2018 HUD Budget
The Trump Administration on Tuesday announced its 2018 proposed budget for the U.S. Department of Housing and Urban Development (HUD), scaling back funding to the agency approximately 13 percent to $40.68 billion. The proposed budget preserves rental assistance for 4.5 million low-income households, but recommends reforms to the Housing Choice Voucher (HCV), Housing for the […]
Refinance Your Auto Loan With the Credit Union Now, Pay Later
NAR PULSE—If you have a car loan with another lender, chances are you’re paying too much. Bring your auto loan to REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union, and enjoy low loan rates, flexible terms, and make no payments for 90 days. Hurry, offer ends June 30! Learn more. REALTOR® University: […]
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Free Report: The Power of Real Estate IRA Investments
Entrust clients have a long track record—35 years—of investing in real estate using their tax-advantaged retirement savings accounts. Part of our mission is to educate investors, and our new real estate report is a prime example of that effort. The report’s detailed analysis of both purchases and sales data is a valuable tool for investors, […]
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Learning From the Best
In the following interview, Daniel Cottingham, broker of Cottingham Chalk Hayes, REALTORS®, a member of Leading Real Estate Companies of the World® in Charlotte, N.C., discusses the firm’s culture, recruitment tactics and training techniques. Region Served: Greater Charlotte, N.C. Years in Real Estate: 13 Number of Offices: 1 Number of Agents: 100+ Best Tip for […]
Rents Appreciating Faster in Suburbs as Demand Intensifies
Renters up against ballooning costs in sought-after cities have steadily spread outward for rent relief—but now, costs are climbing in areas outside of cities, too. In fact, according to a recently released report by Zillow, rent appreciation is accelerating faster in suburban areas than urban ones, with the median rental cost in suburban areas up […]
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Brand Report: Confidence in Real Estate Market Rises
Optimism toward the economy and real estate market is growing across all generations of current and prospective homeowners, but rising interest rates continue to be a concern among prospective homeowners, especially millennials, according to Berkshire Hathaway HomeServices’ latest Homeowner Sentiment Survey. Overall, 62 percent of prospective homeowners and 61 percent of current homeowners say they […]
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Preparing for Success
In the following interview, Anne M. Lusk, owner of Lusk & Associates Sotheby’s International Realty in Lancaster, Pa., discusses challenges in the market and marketing strategies. Region Served: Central Pennsylvania Years in Real Estate: 26 Number of Offices: 1 Number of Agents: 40 Favorite Way to Unwind: Walking my dog What factor has the largest […]
Renters Warm to Homeownership, Despite Affordability Concerns
Renters are staunchly in favor of homeownership, and, though they have concerns about their ability to afford a home, more now believe it is easier to qualify for a mortgage. According to the latest SCE Housing Survey, part of the Survey of Consumer Expectations (SCE) by the Federal Reserve Bank of New York, 72.3 percent […]
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A Support System for Success
In the following interview, Bob Witt, broker/owner of Berkshire Hathaway HomeServices Heritage Real Estate in Livingston County, Mich., discusses his local market and the social media solution supporting his marketing efforts. Regions Served: Livingston County and surrounding areas, Southeast Mich. Years in Real Estate: 39 Key to Success: Success always involves hard work. Facebook: @BHHSHeritageRealEstate, […]