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 jobless claims. Initial claims for unemployment insurance … [Read more...]
Four hours of CE — on something different
Here’s a chance to earn four hours of CE/PL and probably learn about something different — and something a lot of folks don’t know about. The Virginia Realtors Land Institute and Virginia Tech have partnered to offer “Real … [Read more...]
Inventories Tight and Construction Hamstrung: Insights from the Fed Beige Book
The Federal Reserve released its quarterly Beige Book on Wednesday. The Beige Book is a summary of conditions for a number of industries in each of the 12 districts covered by a distinct Federal Reserve Bank. Here are a few of the highlights: Home … [Read more...]
Different Generations See the Value in Homeownership
Our founder, Steve Harney, occasionally asks to do a personal post on what he sees as important to our industry. Today is one of those days. – The KCM Crew During an online chat with other real estate professionals last week, the question of the true … [Read more...]
Vacation Home Buyers in 2012
As we look forward to Memorial Day Weekend and the official start to summer here are a few vacation home owner statistics from a recent report. The median vacation home purchase price was higher in 2012 than in 2011–$150,000. The share of … [Read more...]
“Boomerang buyers” in your region
Have you experienced the “boomerang buyer” yet? This is a potential home buyer who was once foreclosed on for whatever reason, and is hoping to re-enter the real estate market and be a homeowner once again. Many of them have waited the … [Read more...]
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