International home buyers are diverse group with a variety of interests. Resident foreigners, including recent immigrants, typically look for a home for their residence – frequently in a suburb. In contrast, non-resident foreigners more … [Read more...]
Foot Traffic: Marshalltown Board of REALTORS® (IA)
Foot traffic and future home sales have a strong correlation. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Marshalltown Board of REALTORS® (IA) rose 2% over the 12-month … [Read more...]
Reflecting on the 30-year Fixed Rate Mortgage
The sharp rise in mortgage rates from May to July of this year presents an opportunity to reflect on the merits of one pillar of the US mortgage finance system; the 30-year fixed rate mortgage. The 30-year FRM has many positive and a few negative … [Read more...]
The First-Time Buyer: Characteristics
The first-time buyer has some characteristics different from the market as a whole. Based on data from the January to June 2013 REALTORS® Confidence Index surveys, 91percent of first-time buyers purchased their home using a mortgage. The median … [Read more...]
The Place in a House You Never Thought to Stage
By Melissa Dittmann Tracey, REALTOR(R) Magazine No detail is too small for a home buyer. And while you’re making sure the kitchen counters are decluttered and sparkling clean, you might want to take a closer look in the refrigerator too, particularly … [Read more...]
Jobs Report and the FOMC Statement
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 Jobs Report and the Federal Open Market Committee … [Read more...]
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