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 initial jobless claims. Good news for the job market this … [Read more...]
Banks, short sales, and MLS listings
If you list a short sale, and the lender involved instructs you to list it a certain way in the MLS, be sure you keep your local MLS rules in mind. VAR recently heard from one of our member brokers that Bank of America was requiring this of agents: … [Read more...]
Why not to worry about the Richard Cordray and his CFPB appointment
A Federal appeals court ruled that at least one of President Obama’s recess appointments was unconstitutional, leading to speculation that his appointment of Consumer Financial Protection Bureau director Richard Cordray would also be … [Read more...]
Whether you stay in or dine out today, home is where the heart is
Data from the latest NAR Profile of Home Buyers and Sellers shows the number one reason buyers are buying today is for the plain desire to own a home of their own. They want a place where they can come home at night that is their special place in the … [Read more...]
Duplicate VARbuzz mails? Read this
A couple of people have written to say that they are getting two separate VARbuzz daily e-mails. Here’s the sitch. The one that has this on top: …and comes from “ /* <!-- */ function hivelogic_enkoder_1_1341219928() { var … [Read more...]
REALTORS®’ Commercial Markets Gain Steam in Fourth Quarter 2012
Commercial REALTOR® markets posted accelerating growth in sales and leasing activity during the fourth quarter of 2012. Based on the results of the January Commercial Real Estate Market Survey, commercial practitioners closed the year on a more … [Read more...]
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