The share of distressed properties on the market continued to decline. About 21 percent of REALTORS® reporting on their last sale in March sold distressed properties, compared to approximately 40 percent in March 2011. This is based on data from the … [Read more...]
Gallup: Latest Data on Homeownership [INFOGRAPHIC]
The above information was taken from the following surveys conducted by Gallup: U.S. Homeowners’ Reasons for Owning More Than Financial American Dream of Owning Home Lives On, Even for Young Americans’ Optimism About Home Prices Surges … [Read more...]
From the Annual Member Profile: REALTOR® Productivity
The typical member had 10 transaction sides in 2011. A side could be either representing the buyer or the seller side of the transaction. This is up from 8 transactions in 2010. Six percent of members reported they had no transaction sides, while 22 … [Read more...]
Productivity Sluggishness
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 second update discusses productivity. Today’s data on worker productivity … [Read more...]
Support YPN (it’s free) and score a free Wellcome Mat account (it usually isn’t)
If you sign up to support a Virginia branch of the Young Professionals Network by Wednesday, May 8, you’ll get a free account with the real estate-focused Wellcome Mat video-sharing site. That’s it: Say you support YPN just by filling out … [Read more...]
Initial Claims for Unemployment Drop to Lowest Level After the Great Recession
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...]
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