VAR’s popular Residential Contract of Purchase (Form 600) has gotten an update for the Earnest Money Deposit (EMD) provision to help clarify the law for Realtors® and consumers. The June/July issue of Commonwealth – hitting your mailbox this … [Read more...]
The most powerful lobbyers in DC
File this under "got your back": Check out who’s spending the most money lobbying on Capitol Hill, courtesy of OpenSecrets.org: That’s $8.5 million so far this year. In 2012, NAR spent a total of $41.5 million (and was also the … [Read more...]
Investors Remain Major Buyers of Distressed Property in April
The share of distressed properties on the market continued to decline in April. Approximately 18 percent of REALTORS® who responded to the April REALTORS® Confidence Index Survey and who reported a sale sold a distressed property, substantially down … [Read more...]
Short Sales: Are the Numbers Beginning to Slide?
RealtyTrac recently released their Q1 2013 U.S. Foreclosure & Short Sales Report™. One of the more interesting revelations in the report was the decrease in the number of short sales being completed. According to the report, properties not in … [Read more...]
Michael Wilmore, come on down — you’re our newest $100 winner!
Congrats to Michael Wilmore of Coldwell Banker Residential in Sterling — he’s the winner of our second $100 Amex gift card for taking our 2013 member survey! If you haven’t taken the survey yet, you have through the first day of summer: … [Read more...]
Is there a new housing bubble forming?
Once upon a time there were two shamans in a tribe. They both tried to predict how bad the upcoming winter would be. One threw rabbit bones and predicted a harsh winter. The other threw squirrel bones and predicted a mild winter. The winter was mild, … [Read more...]
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