Foot traffic can provide great insight into the direction of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Memphis Area Association of REALTORS® was 8% … [Read more...]
Institutional Investors:Their Impact on the Housing Market
The real estate conversation in many corners has been dominated by the potential impact that ‘institutional investors’ may have had and will continue to have on the housing market. Institutional investor is a term used to define organizations which … [Read more...]
Economic Growth Drives Commercial Investments in Q1 of 2013
Economic background Economic activity maintained grew at a steady pace during the first quarter of the year, as consumers and businesses focused on the year ahead. Gross domestic product rose 2.4 percent in the first quarter, as consumers opened up … [Read more...]
VAR Form 600 gets new EMD language
VAR’s popular Residential Contract of Purchase (Form 600) has gotten an update for the Earnest Money Deposit (EMD) provision to help clarify the law for Realtors® and consumers. The June/July issue of Commonwealth – hitting your mailbox this … [Read more...]
The most powerful lobbyers in DC
File this under "got your back": Check out who’s spending the most money lobbying on Capitol Hill, courtesy of OpenSecrets.org: That’s $8.5 million so far this year. In 2012, NAR spent a total of $41.5 million (and was also the … [Read more...]
Investors Remain Major Buyers of Distressed Property in April
The share of distressed properties on the market continued to decline in April. Approximately 18 percent of REALTORS® who responded to the April REALTORS® Confidence Index Survey and who reported a sale sold a distressed property, substantially down … [Read more...]
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