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Real Estate Information Archive
Nationwide housing affordability hit a new record high for a second consecutive quarter in the first three months of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). Yet tight lending conditions continue to pose a major obstacle to many prospective home buyers.
The latest HOI data reveal that 77.5 percent of all new and existing homes that were sold in this year’s first quarter were affordable to families earning the national median income of $65,000. This beats the previous record set in the final quarter of 2011, when 75.9 percent of homes sold were affordable to median-income earners.
The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months
REALTORS® Federal Credit Union members now have access to expanded financial and banking resources as a result of a merger with Northwest Federal Credit Union.
In March, the NATIONAL ASSOCIATION OF REALTORS® announced a new program called Member Value Plus, or MVP. Similar to the highly successful “Right Tools, Right Now” initiative, which ran in 2009 and 2010,
Prudential Network Realty has unveiled a new model for the management of its two largest branch offices in Atlantic Beach and Ponte Vedra Beach, the company has announced. Prudential Network Realty Broker/Manager Don Cline will now also manage the company’s premier office in Ponte Vedra Beach. ...
Leading Real Estate Companies of the World® has announced that it has named ReadyChat a preferred service provider, presenting the company’s website chat services to its global network of over 500 top real estate firms through LeadingRE’s Solutions Group program. ...
Existing-home sales rose in April and remain above a year ago, while home prices continued to rise, according to the National Association of Realtors®. The improvements in sales and prices were broad based across all regions.
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.4 percent to a seasonally adjusted annual rate of 4.62 million in April from a downwardly revised 4.47 million in March, and are 10.0 percent higher than the 4.20 million-unit level in April 2011.
Separating the average agent from the superstar is difficult. From focus to communication, below are several tips for recruiting the best professionals possible to your team.
HomeFinder.com, a leading real estate search site and provider of digital marketing solutions, recently kicked off its 2012 Agent Makeover Sweepstakes. The five winning real estate agents will be chosen at random to receive a comprehensive digital business and personal style makeover, including: an all-expense-paid, two-night trip to Chicago, business ...
Housing activity indicated a promising start for the first quarter of 2012 that substantially outpaced performance during the same period last year. However, the monthly pattern suggests some loss of momentum late in the quarter. According to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group, a slowdown in momentum may ...
REALTORS® Federal Credit Union members now have access to expanded financial and banking resources as a result of a merger with Northwest Federal Credit Union. Effective immediately, REALTORS® FCU members will be able
National Association of Realtors® Chief Economist Lawrence Yun presented a modest and hopeful outlook for the commercial real estate market during the Economic Issues and Commercial Business Trends Forum at the REALTOR® Midyear
ERA Real Estate, a leading global real estate franchisor, recently announced the publication of an industry report, "Generation Y: Rethinking Recruiting." Recognizing that recruiting additional members of Generation Y was a necessary part of succession planning for the real estate industry, ERA Real Estate set out to research the industry's ...
A panel of REALTORS® provided keen insight into what it takes to launch successful workforce housing initiatives during the Housing Opportunities Forum - Ideas in Action at the REALTOR® Midyear Legislative Meetings & Trade Expo
Metropolitan Regional Information Systems, Inc. (MRIS) recently announced that its President and CEO David Charron has been named to the National Association of Realtors® Dr. Almon R. (Bud) Smith, RCE, AE Leadership Society (Smith Society) - one of the real estate industry's most coveted awards for excellence in industry and ...
