The economic recession in 2009 was painful to most people. However, as wages and salaries, proprietors’ income, and income from assets (e.g., stocks, etc.) contracted that year, aggregate rental income rose as many homeowners turned into … [Read more...]
5 Reasons You Should Buy a Home NOW!
Many potential buyers are waiting until they can be 100% sure the real estate market has fully recovered before making the move to purchase a home. Here are five reasons why waiting might not make sense any longer: 1.) Prices Are on the Rise The … [Read more...]
Why You Need to Add More Photos to Your Listing NOW
By Melissa Dittmann Tracey, REALTOR(R) Magazine Photo Credit: Jump Visual, www.jumpvisual.com By having at least one photo on your residential listing online, you could increase the sales price by up to 3.9 percent, a new study finds of 4,000 homes … [Read more...]
January Employment 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 employment data for January. Broadly speaking, the … [Read more...]
D.C. ranks as one of the worst places to buy a foreclosure… and that’s good
According to a RealtyTrac report, Washington, D.C., is the 22nd worst place to buy a foreclosure — that’s 22 out of hundreds of areas, so it’s a pretty solid ranking. What does that mean, “worst place to buy a … [Read more...]
Capital Economics: Real estate markets are different
Analysts at Capital Economics have reached a startling conclusion. A bit more than a month ago, they predicted that home prices would increase by about five percent in the U.S. as a whole in 2013. Today comes the news that, while they still hold to … [Read more...]
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