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Real Estate News:
 
Home Prices Surge on Strong Buying Season
8/16/2017 2:54 PM
Home prices continue on at a clip, surging 6.2 percent in the second quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). The pace outdoes the previous peak observed in the third quarter of 2016. “The 2.2 million net new jobs created over the past year generated significant […...Read More
 
Housing Starts Get Tripped Up in July
8/16/2017 2:48 PM
Home-building activity unexpectedly tripped up in July, with housing starts down 4.8 percent to a rate of 1,155,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts decreased 0.5 percent to 856,000. Starts for units in buildings with five units or mo...Read More
 
Century 21 Names Nick Bailey President and CEO
8/16/2017 2:45 PM
Century 21 Real Estate has named Nick Bailey, former executive at Zillow Group, president and CEO, the company announced Wednesday. Bailey, a 20-year veteran of the real estate industry known as a leader in brokerage, franchising, management and technology, will be responsible for building on the brand’s foundation and positioning the bran...Read More
 
Experts: Expect a Downturn, but Not Because of Housing
8/16/2017 2:43 PM
Housing experts questioned in Zillow’s latest Home Price Expectations Survey are anticipating another downturn in the next three years, but one set off by a “geopolitical crisis,” not the real estate market. There is a 73 percent chance a recession will happen by 2020, according to the quarterly survey, and of the more than 100...Read More
 
Go Further With REALTOR® University
8/15/2017 3:05 PM
NAR PULSE— What would you do with a Master of Real Estate Degree from REALTOR® University? Offering flexible admissions, financial assistance, peer networking and five different real estate concentrations, an accredited Master of Real Estate Degree allows you to grow your business and your career. See yourself succeed at REALTOR® Unive...Read More
 
Builder Confidence in New Construction Climbs Back Up
8/15/2017 3:02 PM
Home builder confidence in the new, single-family construction market has climbed back up in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for August was 68, up four points from July. An above-50 reading indicates more builders have a positive outlook than a negative one. “...Read More
 
What Keeps You Up at Night? From Commissions to Supply, RISMedia’s CEO Exchange to Address Pressure From All Sides
8/14/2017 2:53 PM
Brokers: What keeps you up at night? Your concerns will be addressed by some of the most powerful and successful real estate leaders at RISMedia’s 2017 Real Estate CEO Exchange, “Growing Your Business in Unpredictable Times,” taking place Sept. 12-13 in New York City, in a special session, “What Keeps You Up at Night? Ove...Read More
 
Millennials Bank More on Conventional Mortgages
8/14/2017 2:49 PM
More millennial homebuyers are obtaining conventional financing over FHA financing, relying less on government-backed loans, according to the latest Ellie Mae Millennial Tracker™. Conventional and FHA—the most common types of mortgage loans for millennials—comprised 63 percent and 32 percent of millennial loans, respectively, in June. “Con...Read More
 
Are You Checking Email on Vacation?
8/14/2017 2:45 PM
(TNS)—How does the U.S. stack up when it comes to taking vacation time? As vacation spending in the U.S. surpasses $1 billion, people are definitely getting away more—but what is the quality of that vacation actually looking like? An Ipsos Global poll looked at the way the world vacations and found that more and more […] The post Read More
 
Gap Slims Between Low- and High-Income Homeownership Rate
8/13/2017 12:05 PM
Individuals with low incomes have historically struggled to become homeowners, cut off from the opportunity to not only build wealth through equity, but also establish an appreciating, long-term asset. New research now shows the homeownership rate in the lowest income tier is catching up to that of high-earners, edging closer since the onset of ...Read More



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