Are you or someone you know under 30 and planning to stay that way till at least the beginning of June? If so, you’re eligible to be one of Realtor® magazine’s annual 30 Under 30 — “Rising stars in real estate,” as … [Read more...]
High lumber futures mean investors are serious about recovery
So the price of lumber futures has hit a six-year high. So what? It’s a great indicator of Wall Street’s confidence in the home-building market. Anyone can say that housing is recovering (including us), but that lumber futures number … [Read more...]
This Holiday Season, Be Mobile with Your Information
At gatherings with friends and family this holiday season, people will seek you out to help answer their questions about today's real estate market. Your use of visuals at these moments is just as crucial as it is during a scheduled consultation. You … [Read more...]
Shadow inventory — broad definition could be why it’s not be a big deal
Shadow inventory is supposed to be a Big Problem going forward. Heck, it was supposed to have been a Big Problem already… it just never turned out that way. (I, too, had bought into the concern — and was happy to see it was … [Read more...]
November Housing Starts
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest housing starts data. Housing starts fell 3 … [Read more...]
Local Market Reports: Price Growth
Nationally, home prices have shown steady year-over-year gains since spring. However, this pattern started even earlier in the Midwest and parts of Florida as evidenced by the top five markets in terms of median home price growth between the 3rd … [Read more...]
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