The August 2012 Virginia Home Sales Report has been released and yet again, most state-wide indicators show an improved housing market in the Commonwealth. As shown above, the pace of home sales in August 2012 (8,679) marked a 7% improvement over the … [Read more...]
30-second agency quiz question
The last agency quiz question was a quickie, but this one is a, er, longie? Well, it’s not a gimme, that’s for sure. You are holding an open house for one of your listings (obviously). A customer walks in who is very interested in the … [Read more...]
4 Big Design Turn-offs of Home Buyers
By Melissa Dittmann Tracey, REALTOR® Magazine Certain dated design features in a home can really make some home buyers cringe. Could your listing have one of them? A recent article at AOL Real Estate spotlights a few pet peeves of home buyers when … [Read more...]
Sellers, Agents Mostly Agree on Top Home Improvement Projects
By Melissa Dittmann Tracey, REALTOR® Magazine Both real estate agents and home sellers see the value in simple home improvement projects, saying they believe small renovations can go a long way in helping a home sell faster and for more money, … [Read more...]
CoreLogic Price Data, Construction Spending, ISM Index
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 CoreLogic price data, construction spending, and the ISM … [Read more...]
Thinking Too Fast on Foreclosure Properties
Thinking, Fast and Slow is a book written by a psychologist who won a Nobel Prize in Economics several years back. Daniel Kahneman, the author, pokes at the basic economists’ assumption that people make rational calculations before deciding. His idea … [Read more...]
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