Consumer credit has been recovering, but mortgage lending continues to lag. Data from the Federal Reserve Board shows that consumer credit debt is now higher than it was before the recession, while mortgage debt continues to decline. Based on … [Read more...]
Recognizing REALTOR® Political Involvement on Presidents’ Day
Whether you voted for the current president or not, REALTORS® do their part by turning out to vote and are some of the most politically active in the country. Based on the latest survey data from the 2012 Member Profile, 96% of REALTOR® members are … [Read more...]
Profile of Home Buyers and Sellers: Reasons to Buy
Although the demographics of home buyers often shift to reflect changes in the market, the motivations to make a home purchase are largely constant from year to year. The primary reason to purchase a home remains the desire to own a home of one’s … [Read more...]
Happy Presidents’ Day
Top 10 Remodeling Projects That Offer the Biggest Returns
By Melissa Dittmann Tracey, REALTOR(R) Magazine Home owners are investing in their homes once again, according to recent industry surveys that point to a strong rebound taking hold in home remodeling. Home owners also may be seeing higher gains from … [Read more...]
Foreclosure starts hit 6+ year low
The latest report from RealtyTrac shows that, nationwide, foreclosure starts have hit a 79-month low. Filings in January (which include “default notices, scheduled auctions, and bank repossessions”) were down 28 percent from a year ago, … [Read more...]
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