Not news: Redfin says that both home sales and home prices were up in September over last year. That’s not unexpected — the four percent sales jump and 5.4% price jump are signs of the ongoing recovery. What is unusual is that home prices … [Read more...]
Cycle of Foreclosure about to be Broken? [INFOGRAPHIC]
One-sentence response to 3.8% tax myth
Let’s say you have a seller who asks you about the “3.8% real estate tax” myth. You want to debunk it, but you don’t want to start getting into too many details explaining that it’s a capital gains tax and only applies … [Read more...]
Shadow Inventory: Less Scary
Visible inventory of homes on the market has been falling repeatedly. Existing home inventories are at an 8-year low, while newly constructed home inventory is near a 50-year low. As we enter the winter months, inventories will fall even further. … [Read more...]
Jobless Claims
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. Good news this week on the … [Read more...]
The 2012 Relocation Reports: Ward County, North Dakota
NAR Research has produced a total of 3,147 Relocation Reports for U.S. counties. The Relocation Report for each county presents information for that county on county‐to‐county migration flows within the United States, the average incomes of … [Read more...]
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