Lead Story

Flipping the Model to Put Agents on Top: Realty Group Inc.

July 21st, 2018
(L to R) Long Doan, Broker/CEO, and Mike Bernier, President/Co-owner, Realty Group Inc. For Long Doan, broker and CEO of Minnesota’s fast-growing Realty Group Inc., success is measured by the achievement of his partner-agents. “Every one of our agents is...

Existing-Home Sales Stuck

August 22nd, 2018
Another Month, Another Sales Slump For the fourth month straight, existing-home sales slid, the National Association of REALTORS® (NAR) reports. Activity declined 0.7 percent in July, to 5.34 million, down 1.5 percent from the prior year. Inventory rewound, as well,...

NAR: 6 Percent Bump in Memberships, With Diverse Entrants

July 22nd, 2018
Membership in the National Association of REALTORS® (NAR)—which, for agents and brokers, denotes higher standards than what is required by their respective states—has increased in the last year, from 1.22 million to 1.3 million, according to the 2018 NAR Member...

Housing in 2020: Construction Costs Grow, Mortgage Rates Slow

August 26th, 2018
Where will housing be in 2020? According to the latest Metrostudy predictions, if all continues on its current track, construction costs could continue to increase, and mortgage rates could reel in. While rates have increased in the last six months,...

Existing-Home Sales Slip, but Inventory Stirs

July 23rd, 2018
Barely budging against imbalanced inventory, existing-home sales slipped at the start of summer, the National Association of REALTORS® (NAR) reports. Activity in June declined 0.6 percent to 5.38 million, down 2.2 percent from the prior year; however, inventory increased 4.3...

Case-Shiller: Home Prices Continue Upward Trend

August 28th, 2018
U.S. home prices continue to surge according to the latest S&P CoreLogic/Case-Shiller Indices, which found June prices on an upward trend (at 6.2 percent year-over-year), inciting affordability concerns. “Home prices continue to rise across the U.S.” said David M. Blitzer,...

Forget a Garage—Buyers Won’t Budge on High-Rated Schools

July 24th, 2018
Buyers have their eyes on schools, and with the irrefutable link between the quality of schools and values, a district with high ratings trumps all—even coveted features of a home, according to a new realtor.com® survey. To get into their...

Pending Home Sales Stumble as Housing Market Momentum Wanes

August 29th, 2018
Pending home sales stepped back in July and have now fallen on an annual basis for seven straight months, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, decreased 0.7...

What Today’s Sellers Want

July 25th, 2018
The following information is provided by the Center for REALTOR® Development (CRD). NAR has been administering its annual Profile of Home Buyers and Sellers survey since 1981. The survey has grown from 59 to 131 questions, and gives us great...

Brokers Turn to Pocket Listings in Rising Markets

September 4th, 2018
The real estate market has heated up so much in certain regions that brokers are taking transactions into their own hands—or, rather, their pockets. With increasing prices and, seemingly, more buyers willing to pay an amount that’s leaving sellers with...
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