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 CoreLogic House Price Index. Yet another data source … [Read more...]
The 2012 Relocation Reports: Franklin County, Ohio
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...]
Virginia Association of Realtors® endorses George Allen for U.S. Senate
Today George Allen received the endorsement of the Virginia Association of Realtors®®. At an endorsement event held at VAR’s Glen Allen headquarters, Allen participated in a roundtable discussion with Realtor® members to hear firsthand … [Read more...]
Cost of a Home: Impact of Interest Rates
The buyer should always look at the COST of a home, not just the PRICE. The cost is determined by the price and the mortgage interest rate which is available at the time. Below is a list of the interest rates over the last ten years and the impact … [Read more...]
Residential Sales to Investors: 18 Percent of Residential Market
REALTORS® reported that investors accounted for 18 percent of total residential sales in August. Investors have reported that in many cases they can obtain a positive cash flow converting properties to rental units. Approximately 67 percent of … [Read more...]
Thirty-Two Percent of Houses Sold in One Month
Time on the market when a property is sold has been declining. Approximately a third of REALTORS® noted in responses to the latest REALTORS® Confidence Index survey that recently sold properties were on the market for less than a month when sold, and … [Read more...]
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