According to April home sales data, its a great time for homes to be put on the market. The Virginia numbers match the positive buzz humming nationally. Housing is once again contributing to economic growth and the job market is looking more … [Read more...]
Home prices rose in 41 states and D.C. in the 1st quarter of 2013
FHFA (Federal Housing Finance Agency) price data shows that home prices across the United States rose 6.7 percent from the first quarter of 2012 to the first quarter of 2013. In 41 states and the District of Columbia prices were higher than the … [Read more...]
Monthly Payment as a Percentage of Income
In the wake of the housing recession, the sharp decline in median home prices and record low mortgage rates combined to boost affordability to record levels in nearly all markets. Affordability varies greatly across markets, though, even when … [Read more...]
A Real Estate Conversation [INFOGRAPHIC]
InfoGraphic … [Read more...]
Jobless Claims Drop to Normal Level
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. After a worrying uptick in … [Read more...]
Realtors helping Realtors: Oklahoma edition
EDIT: The Oklahoma Housing Foundation is managed by the Oklahoma Association of Realtors (not the Oklahoma City Metro Association); the mailing address was also incorrect. At least 16 Realtors lost their homes in the EF-5 (!) tornado that destroyed … [Read more...]
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