Foot traffic can give a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Elmira Corning Regional Board of REALTORS® (NY) has steadily … [Read more...]
Is Homeownership a Good FINANCIAL Decision?
Many have reported on Robert Shiller’s recent comments on the investment aspect of homeownership. Shiller, a Yale professor and co-founder of the Case-Shiller Home Price Index, is famous for making provocative comments on house prices and the … [Read more...]
How many meth labs are in YOUR town?
To clarify: How many known contaminated former meth lab sites are there in your area? (There are probably a bunch more unknown ones, but let’s not get into that.) The point is, CNN has a nifty little site that shows you how many labs are/were … [Read more...]
Corelogic misleads a bit on QM loans
A new report from CoreLogic claims that under the new Qualified Mortgage rules, half of the loans made in 2010 wouldn’t qualify. But CoreLogic neglects to mention a very, very important piece of information, and that has led to a bit of … [Read more...]
The best day to list a home? Friday, maybe
The Wall Street Journal is quoting a Redfin report: Homes listed on Fridays, it says, “sold for 99.1% of the seller’s original asking price, the highest percentage of any day of the week.” Homes listed on Fridays also spent the least … [Read more...]
Virginian Phyllis Shrader-Robinson named to VP spot at Women’s Council of Realtors
VAR offers its sincere congratulations to Phyllis Shrader-Robinson of Haymarket, who was installed as the 2013 Region 1 vice president of the Women’s Council of Realtors — an area comprised of Kentucky, North Carolina, Tennessee, Virginia, and … [Read more...]
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