national association of realtors

Put Your Boxing Gloves On If You’re Heading To These Markets

Today’s News Synopsis: Bidding wars are spring up in some surprising places.  The National Association of Realtors reported a 1.1% increase in existing-home sales last March.  Luxury developers could benefit from a new tax break that poorer neighborhoods are about to receive. In The News: Realtor.com – “Housing Knife Fights!  10 Surprising Cities Where Bidding …

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Nearly 2 Million People STILL Owe More Than Their House Is Worth

Today’s News Synopsis: Why do underwater homeowners keep paying the mortgage?  Mortgage rates increased to their highest this year with 30-year rates now at 4.47% and 15-year rates at 3.94%.  Home prices saw their biggest increase in four years, having increased 8.9%. In The News: Realtor.com – “What’s Holding Back New Home Construction?  There’s No …

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Overcommunicate: Happy Tenants Become Long-Term Tenants

Today’s News Synopsis: How do you communicate with your tenants?  The National Association of Realtors reported a 3.1% increase in pending home sales in February.  The NAR also reported consumers are still hesitant to buy despite becoming more confident in their economic and financial situations. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in …

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63% Increase In Permits For So-Called In-Law Suites

Today’s News Synopsis: Are “Granny Flats” the solution to the affordable-housing crisis?  The top cities to live in if you want access to fresh food are New York, Philadelphia, and Miami.  Forbes latest magazine showed the biggest red flags to watch out for when buying your next home. In The News: National Association of Realtors – …

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Does Median Household Income Have Anything To Do With It?

Today’s News Synopsis: Trulia says housing is getting more affordable (not a typo).  At the same time, builders are telling Congress that progress is being made on regulatory reform, but there is still much to be done.  The Mortgage Bankers Association reported 0.3% increase in mortgage applications from last week. In The News: National Association …

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Ranch, Craftsman or Colonial?

Today’s News Synopsis: What’s America’s favorite house style?  The National Association of Realtors reported a 4.7% decrease in pending home sales for January.  What decor trends should you avoid if you want to successfully sell your home? In The News: National Association of Realtors – “Pending Home Sales Stumble 4.7 Percent in January” (2-28-2018) “After seeing a …

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