By Patti Stern, PJ & Co. Home Styling Fifteen seconds. That’s how long a home for sale has to make a good first impression. And, that’s if you can get today’s sophisticated buyers off their mobile device and to the front door. More than 90 … [Read more...]
Median Days on the Market Down to 62 Days in March
Tight inventory has led to shorter time on the market. The median days on the market fell to 62 days in March (74 in February). Short sales had the longest days on market at 81 days (101 days in February), while foreclosures were on the market for 46 … [Read more...]
Employment Situation in April
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 monthly employment report. Good news: the … [Read more...]
Distressed Sales Declined to 21 Percent in March
The share of distressed properties on the market continued to decline. About 21 percent of REALTORS® reporting on their last sale in March sold distressed properties, compared to approximately 40 percent in March 2011. This is based on data from the … [Read more...]
Gallup: Latest Data on Homeownership [INFOGRAPHIC]
The above information was taken from the following surveys conducted by Gallup: U.S. Homeowners’ Reasons for Owning More Than Financial American Dream of Owning Home Lives On, Even for Young Americans’ Optimism About Home Prices Surges … [Read more...]
From the Annual Member Profile: REALTOR® Productivity
The typical member had 10 transaction sides in 2011. A side could be either representing the buyer or the seller side of the transaction. This is up from 8 transactions in 2010. Six percent of members reported they had no transaction sides, while 22 … [Read more...]
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