According to the most recent public data from the IRS, there were about 144 million[1] US tax filers in 2010. In the same year, the US resident population was 309 million[2] and the number of households was estimated to be just shy of 113 … [Read more...]
Shadow Inventory and Its Impact on Prices
Many analysts differ on what impact shadow inventory will have on house values in 2013. Some warn that these distressed properties will still play a major role in limiting appreciation. Others believe that the increases in buyer demand will more than … [Read more...]
Listing fail: “Seller will not provide any interior showings or inspections”
Hat tip to AOL Real Estate for pointing out this example of listing fail from San Francisco. We’ve emphasized the relevant parts for you: Bank Owned-Great Excelsior location, just minutes to transportation & park. Per tax records is a 2 … [Read more...]
Metro Area Employment
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 metro area employment conditions in November. Dallas and Houston … [Read more...]
Get CE credit, meet your legislators, and have your voice heard — GetActive!
It’s your once-a-year chance to give your state representatives what-for — in person. It’s the Virginia Realtor® Day on the Hill, and it’s on February 6, part of GetActive, our legislative advocacy conference. But wait, … [Read more...]
Bank of America rebuilding its home lending business
After three years and more than $43 billion in payments and penalties for forging documents, duping the government, and otherwise doing its part to create the Great Recession (including a recent $10.3 billion settlement with Fannie Mae), Bank of … [Read more...]
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