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 the Case-Shiller price index. Case-Shiller data show that … [Read more...]
Timothy Shamblin wins $100
Timothy Shamblin of Coldwell Banker Premier Proper in Winchester is the second winner of a $100 Amex gift card — all for taking our online survey about Commonwealth magazine. Congrats, Timothy! Artist’s conception. … [Read more...]
Cash Sales: 30 Percent of Residential Sales
Approximately 30 percent of REALTORS® reporting on their last sale had a cash sale (32 percent in February). Investors and international buyers typically pay cash. About 9 percent of REALTORS® reporting a sale to a first-time homebuyer also … [Read more...]
How Housing Is Leading Us Out of the Great Recession
We are often asked if the housing market can truly rebound if the all-round economy remains sluggish. We answer by explaining the housing market is not dependent on the economy but rather the economy is reliant on the housing market. Mark Zandi, … [Read more...]
Bill would remove roadblock for mobile-home loans
A bill being introduced in Congress by Reps. Joe Donnelly (D-IN), Stephen Fincher (R-TN), and Gary Miller (R-CA) is trying to fix what the legislators feel is an unintended consequence of new rules from the Consumer Financial Protection Bureau that … [Read more...]
New Realtor.com app adds local school info, boundaries
Move, the company that runs Realtor.com, has added some interesting features to its Realtor.com Android app. It now gives information about school districts. If you zoom into an area far enough, icons of local schools will appear. You can click one … [Read more...]
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