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Real Estate Information Archive


Pending Home Sales Fall Slightly in August

Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of REALTORS®. All major regions experienced declines except for the West, which rose for the fourth consecutive month. ...


Berkshire Hathaway HomeServices Reaches 1,000th-Office Milestone in One Year

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, recently named its 1,000th office on the one-year anniversary of its brand launch. The distinction belongs to Torrance, CA-based California Realty and its Torrance/Skypark office, which serves as the brokerage’s headquarters. ...


Six Credit Report Tips for Homebuyers

(MCT)—Whether you plan to buy a home in six months or a year or two, you’ve probably been told to request your free credit report to check for errors and to see what a lender can learn about you from the report. ...


New Survey Reveals Emerging Technology Blind Spot

A recent survey from ERA Real Estate reveals that consumers and real estate professionals have eagerly adopted technology into the business but that a technology blind spot is developing, ...


Real Estate Q&A: Lightning Strikes House before Sale

(MCT)—Q: I am under contract to buy a new home, and the closing is several weeks away. During some nasty weather, the house was struck by lightning. I am concerned about what this has done to the house. What should I do? —Stu ...


Housing’s Share of GDP: 15.5 Percent for the Second Quarter

Housing is an important source of economic growth. As of the second quarter of 2014, housing’s share of gross domestic product (GDP) was 15.5 percent, with home building and remodeling yielding 3.1 percentage points of that total. ...


Customize Your Safety Strategy

The NATIONAL ASSOCIATION OF REALTORS® (NAR) has designated September REALTOR® Safety Month. NAR is committed to helping its members understand the risks they face through knowledge, awareness and empowerment and has developed REALTOR® Safety materials for use throughout year, including: ...


Closing Rates for Purchase Loans Hit New High

Nearly two out of three applications for mortgages to buy a home were approved in August, a new high for purchase loan approvals. ...


Better Homes and Gardens Real Estate Celebrates Its ‘Candy Anniversary’

Typically, a brand reflects on its journey during traditional milestones such as five or 10 years. But, in the real estate industry, Better Homes and Gardens Real Estate has been known for challenging tradition. In July, we celebrated our sixth anniversary—known as our “candy anniversary” per Hallmark—and things have never ...


Social Media Pays Off

In the following interview, John O’Reilly of Base Camp Realty of Richmond lets us know the winning methods behind his madness, from social media to education and time management. ...


McColly Real Estate Congratulates Lou Dennison

McColly Real Estate announces that Lou Dennison, from the McColly Real Estate Valparaiso office, was recently honored with the Lifetime Achievement Award by One Region, a nonprofit initiative to improve the quality of life across Northwest Indiana. ...


Carrington Real Estate Services Presents Webinar for Agents Looking to Build Brands, Businesses and Futures

Carrington Real Estate Services, LLC (Carrington) recently announced that it’s presenting a series educational webinars for residential real estate agents, featuring successful strategies for taking their businesses to the next level. Wendy Forsythe, Executive Vice President and Head of Global Operations for the full-service national real estate brokerage, will serve ...


Months’ Supply of New Homes at Lowest Level Since June 2013

The August increase of the pace of new home sales pushed the months’ supply measure of inventory to its lowest level in more than a year. ...


The Mortgage Professor: Conventional Versus FHA: which Should You Choose?

(MCT)—Choosing between a conventional and Federal Housing Authority-backed mortgage is not an academic question. My calculations show that the wrong choice can cost as much as $33,000 over 15 years on a $200,000 loan, and as much as $66,000 on a $400,000 loan. ...


You Can’t Take It with You: How Brokers Should Prepare for Their Exits, and Why Most Still Don’t

Their assumptions about the value of their business and ability to find buyers or management replacements can be overly optimistic. At 71, Ed Krafchow still has some unfinished business. ...


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