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 unemployment insurance claims and ADP employment. Last … [Read more...]
Please help victims of Sandy
Help the people hurt by Hurricane Sandy. The Realtors® Relief Foundation provides housing-related assistance to families in need, and you can bet that’s the case right now. Millions are without power or water, thousands have had to leave … [Read more...]
Warren Buffet Bets Big on Real Estate
As reported on Bloomberg: “Warren Buffett’s Berkshire Hathaway Inc. is extending its bet on the U.S. housing market by forming a venture with Brookfield Asset Management Inc. as low interest rates, inventory and prices spur a real-estate rebound. … [Read more...]
First Time Buyers: 32 Percent of Residential Buyers in September
Based on information from the REALTORS® Confidence Index survey, approximately 32 percent of responding REALTORS® reported making a sale to first-time homebuyers in September (31 percent in August). Normally first-time buyers are in the … [Read more...]
Election Day reminder
In case you weren’t aware, Election Day is coming up in less than a week. Besides the presidential contest, we’re choosing a U.S. senator, congressmen and -women, and a host of local officials. There are (or should be) lots of issues to … [Read more...]
Case-Shiller Price Upturn
Home prices are rising by every measure, including in the latest data from Case-Shiller measuring price trends in 20 major metro markets. The price index accelerated to two percent appreciation from one year ago as of August. The gain had been 0.6 … [Read more...]
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