At the national level, housing affordability is still very high thanks to lower mortgage rates in spite of higher home prices. What is affordability like in your market? In spite of reduced affordability from last month and last year’s near-record … [Read more...]
Unemployment Insurance Claims Continue to Trend Down in Week Ending May 4
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. Initial claims for … [Read more...]
U.S. Home Sale Has $56,464 Impact on Economy
Recently the research team at the National Association of Realtors (NAR) looked at studies done by the Bureau of Economic Analysis, the Census Bureau, Macroeconomic Advisors and the Joint Center for Housing Studies at Harvard. After reviewing the … [Read more...]
NY to real estate agents: No, you can’t have that title
The New York Department of State recently told real estate agents there that — independent contractors or not — you can’t give yourself some highfalutin title to make yourself sound more important than you are. Calling yourself a … [Read more...]
Fed-induced housing bubble? Flip a coin
You may notice that we don’t run certain types of stories very often here. For example, "Experts predict…" pieces. Why not? Because expert predictions about economic matters are nonsense. Take a story appearing today on … [Read more...]
Show Off Your Staging Photos of the Great Outdoors
Calling all real estate and staging professionals: I’m looking for your best photos showing how you staged a front porch or deck of a home! Some of your photos may be used in an upcoming issue of REALTOR(R) Magazine or online (credited to you … [Read more...]
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