Foot traffic provides a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic during January in the area covered by the Central West Tennessee Association of REALTORS® … [Read more...]
The Difference between Excellent and Perfect Advice
Today’s post is an excerpt from our newest eGuide, Real Estate’s New Market Reality, which explains how the role of the real estate professional has changed and what you can do to successfully help more buyers and sellers. You can … [Read more...]
Initial Jobless Claims Down by 27,000
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 initial jobless claims. Good news for the job market this … [Read more...]
Banks, short sales, and MLS listings
If you list a short sale, and the lender involved instructs you to list it a certain way in the MLS, be sure you keep your local MLS rules in mind. VAR recently heard from one of our member brokers that Bank of America was requiring this of agents: … [Read more...]
Why not to worry about the Richard Cordray and his CFPB appointment
A Federal appeals court ruled that at least one of President Obama’s recess appointments was unconstitutional, leading to speculation that his appointment of Consumer Financial Protection Bureau director Richard Cordray would also be … [Read more...]
Whether you stay in or dine out today, home is where the heart is
Data from the latest NAR Profile of Home Buyers and Sellers shows the number one reason buyers are buying today is for the plain desire to own a home of their own. They want a place where they can come home at night that is their special place in the … [Read more...]
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