Approximately 32 percent of REALTORS® reporting on their last sale in April had a cash sale (30 percent in March). Investors and international buyers typically pay cash. About 10 percent of REALTORS® reporting a sale to a first-time homebuyer also … [Read more...]
Building the Ultimate Real Estate Brand
Seth Godin is one of the greatest thought leaders on the subject of marketing of our generation (if not of all time). American Way Magazine calls him, “America’s Greatest Marketer,” and his blog is perhaps the most popular in the … [Read more...]
Despite Gains, Case Shiller Price Index Remains Below 2006 Levels
While home prices have grown steadily this spring, they remain low relative to the market’s peak in 2006. Through March, the Case-Shiller price index for the 20 major metro areas was up 10.9% as compared to the same period in 2012 and each of the 20 … [Read more...]
Vacancy Rates Continue Decline in Second Quarter 2013
Economic activity posted a steady pace of growth over the past few months, as consumers and businesses seemed committed to moving forward. Gross domestic product rose 2.4 percent in the first quarter of the year. Riding the moderate temperature of … [Read more...]
Senior Housing: Silver Tsunami About to Hit
Some look at this photo and see empty railroad tracks with nothing in sight, so they may turn and walk away. Au contraire, for the social caring and business opportunists among us. Armed with in-depth research and enough data to mold an entire … [Read more...]
Core Logic Price Data
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 Core Logic price data. CoreLogic data today confirm the … [Read more...]
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