What’s the future of Fannie and Freddie? No one knows. The consensus seems to be that it should have a much smaller role in the secondary mortgage market, and possibly re-privatized. But the specifics… well, that’s anyone’s … [Read more...]
Is Facebook on the way out?
Anecdotally, I could have told you that Facebook was on its way out — teens are other young folks are moving away from it, choosing to stick with texting, Tumblr, or Twitter. But now Facebook itself admits it’s a problem. That’s the … [Read more...]
Trulia: Asking prices are up in a big way
One of the cool things about Trulia’s reports is that they’re based on what real people are doing — how much they’re asking to sell or rent their homes. Of course, you can ask anything you want; the importance of … [Read more...]
“Big money” is betting on housing: CNN
“Follow the money” goes the rule — and that in mind, a lot of that money is going into the housing market. By investors, that is. So explains the CNN article, “Big money betting big on housing“: Hedge funds and private … [Read more...]
Jobless Claims
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. Initial unemployment insurance … [Read more...]
Experience in Real Estate
Click chart to view larger version. The typical member has 11 years of experience in real estate, down from 12 years in the 2011 survey. Brokers who do not sell typically had the most experience at 25 years, while sales agents were typically the … [Read more...]
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