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 Core Logic price data. CoreLogic data today confirm the … [Read more...]
Get ready for 2013′s new laws
On July 1, a whole lotta Virginia’s new laws take effect, including a bunch that affect real estate and Realtors. Are you ready? Do you know what’s changing? (Hint: You’d better.) We’ve got you covered on our just-launched … [Read more...]
Who’s great? Tell us!
Do you know someone who deserves some recognition? Someone who’s gone above and beyond the call? Now’s the time to help those people shine. It’s time to nominate someone (or several someones) for the 2013 Virginia Real Estate … [Read more...]
Foot Traffic: Del Rio Board of REALTORS® (Del Rio, TX)
Foot traffic can give a strong indication 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 Del Rio Board of REALTORS® (Del Rio, TX) has been consistently … [Read more...]
How to Short Sale: Chase’s New Process and Timeline
In an attempt to help more consumers who are facing foreclosure, Chase has streamlined their requirements in order to expedite their short sale process. We will cover the basics on the process and timeline in this post. Chase will let you start the … [Read more...]
Impact of Rising Mortgage Rates on Home Sales
Mortgage rates will continue to rise. They will probably be near 5 percent by this time next year, compared to the 3.5 percent average of the past 12 months. The rates will be even higher in 2015 and 2016. Certainly, rising rates are bad news for … [Read more...]
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