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Real Estate Trends Archive


Why Buying at the End of 2012 May Be Your Best Investment Yet

With just a month left in 2012, the number of days to benefit from year-end home buying tax benefits is dwindling quickly. We consulted real estate experts from across the country to share what you need to know when preparing to close before December 31, 2012. ...


Bankrate: Mortgage Rates Hit New Record Lows

Mortgage rates hit new record lows last week with the benchmark 30-year fixed mortgage rate dropping to 3.50 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points. ...


NAHB Announces Best of 50+ Housing Awards Finalists

The National Association of Home Builders (NAHB) has announced the finalists for NAHB’s 2013 Best of 50+ Housing Awards, the premier design and marketing competition for the 50+ housing industry. A total of 83 entries were chosen as finalists and ...


The Foreclosure Iceberg Is Slowly Melting

CoreLogic reported Monday that October prices that exclude distress sales rose only 5.8 percent while prices that include distressed sales increased on a year-over-year basis by 6.3 percent in October 2012, the biggest increase since June 2006 and the eighth ...


As Short-Sale Tax Break Nears End, Pressure Mounts on Homeowners

(MCT)—The race is on to finalize short sales and seal the deal on mortgage reductions as the Dec. 31 expiration of a massive tax break for struggling homeowners looms. ...


Number of Improving Housing Markets Surges to 201 in December

The number of housing markets considered “improving” according to parameters established by the National Association of Home Builders/First American Improving Markets Index (IMI) surged by 76 to a total of 201 metros in December, according to recently release IMI data. ...


CoreLogic: Prices on Track for 7.1 Percent Increase

October prices nationwide, including distressed sales, increased on a year-over-year basis by 6.3 percent in October 2012, the biggest increase since June 2006 and the eighth consecutive increase in home prices nationally on a year-over-year basis, according to the latest data from CoreLogic. ...


The Good and the Bad of the Latest Existing Home Sales Numbers

The National Association of REALTORS® (NAR) released their latest statistics for existing home sales last week, and the numbers show both some positives and negatives regarding America's housing industry. Home sales are up and so are selling prices, but foreclosures and short sales still make up a large portion of ...


Foreclosure Sales Increase 21 Percent in Third Quarter

RealtyTrac® recently released its Q3 2012 U.S. Foreclosure & Short Sales Report™, which shows a total of 193,059 U.S. properties in some stage of foreclosure or bank-owned (REO) were sold during the third quarter, an increase of 21 percent from the previous quarter, but still down 3 percent from the ...


More Market Turnaround Evidence: Foreclosures Down in October

(MCT)—The number of homes in foreclosure dropped in October from the previous month and was down 9 percent for the year as the housing market showed signs of improvement. ...


A Main-Street Success Story

What do today’s agents need to succeed? According to Steve Calcagni, broker/owner of Calcagni Associates, the answer is simple: trust. Read on to learn Calcagni’s top tips for reaching and maintaining success, recruiting top agents, and creating relationships that last. ...


Hot Property: Sharon Stone Sells Beverly Crest Compound for $6.575 Million

(MCT)—Actress Sharon Stone has sold a compound in the Beverly Crest, Los Angeles area for $6.575 million. ...


NAR Power Broker Roundtable: “New Moderator Checks in for a New Year Full of Promise”

The Power Broker Roundtable is brought to you by the National Association of REALTORS® and Rei Mesa, NAR’s Special Liaison for Large Firm Relations. Watch for this column each month, where we address broker issues, concerns and milestones. ...


You Don’t Make Money on Your Sphere of Influence

I was speaking at a conference recently where I heard a fellow speaker, Jim Marks, make an interesting comment from the stage. He said you don’t make money on your sphere of influence. At first I was caught off guard and ...


Learn How the Three Rs of Banking Can Equal $120 for You

NAR PULSE—From now through February 28, simply start a relationship with REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union, use their checking and online banking services and the amount of your 2013 National Association of REALTORS® membership dues could be yours. Refer a colleague or family member ...


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