Home / Tag Archives: Realtors (page 2)

Tag Archives: Realtors

Feature: Where Oh Where Did My REO Go?

With fewer properties entering the foreclosure process and more delinquent borrowers avoiding foreclosure, the number of foreclosed single-family homes held by lenders and government agencies has rapidly declined. In the April issue of DS News magazine, contributing writer Keith Button explored the many market drivers taking their toll on the once-strong stock of bank-owned homes.

Read More »

Survey Uncovers Patterns and Trends Among Homebuyers

The National Association of Realtors recently released the results of a national survey conducted in July 2013 among homebuyers who had made their purchase within the previous year. The data collected brings fresh insights into all phases of the homebuying process and helps recognize emerging trends to help real estate professionals understand the needs and expectations of their clients. What did the study uncover?

Read More »

Sales of Existing Homes Decline Annually for First Time in 29 Months

Existing-home sales dipped on both a monthly and annual basis in November, marking the first year-over-year decline in sales in nearly two and a half years. Hurt by higher mortgage interest rates, constrained inventory, and tight credit, sales of previously owned homes came in at an annualized rate of 4.90 million last month, the National Association of Realtors reported.

Read More »

Are Cash Sales Creating a Dangerous Mirage?

Home prices and home sales have been rising over the past few years, pointing to a recovery in the housing market, but some warn that what we are seeing may not be a true recovery but instead a mirage created by investors--a dangerous mirage that could lead to trouble in the years to come. According to multiple industry studies, cash purchases made up about half of all home sales across the nation in September.

Read More »

Pending Sales Slip to Lowest Reading in Nearly a Year

Pending sales of existing homes fell a bit further in October, according to the National Association of Realtors (NAR). The trade group's Pending Home Sales Index is a forward-looking indicator; derived from contract signings, rather than closed sales, pending sales figures typically lag actual sales by one to two months. October's reading was the lowest recorded by NAR since last December and marked the fifth consecutive monthly decline.

Read More »

Sales of Existing Homes Slip for Second Straight Month

Existing-home sales translate to an annual rate of 5.12 million at the October sales pace, according to the National Association of Realtors (NAR). October's sales volume was down 3.2 percent from September and marked the second consecutive month of declining transactions. NAR blames low inventory, diminished buying power from rising prices and interest rates, and a restrictive credit environment for the drop in sales.

Read More »

Snapshot of the Affordable Care Act for Realtors and Other Professionals

If you are a human being in the United States, chances are you know about the Affordable Care Act (ACA). But do you really know about the ACA? Strange as it might sound, as a Realtor or other small business owner working in the industry, it is important that you do. There is a large amount of diversity when it comes to the employment situations of those working in the mortgage and real estate sectors, and this guide takes a look at just what the law means in each of those situations.

Read More »

NAR Chief Economist Reveals 2014 Predictions

Speaking at the 2013 Realtors Conference & Expo, National Association of Realtors (NAR) chief economist Lawrence Yun predicted steadiness in existing-home sales over the next year as prices continue to ascend. Yun expects existing-home sales to rise by about 10 percent in 2013 to reach 5.13 million. The national median existing-home price is projected to end this year at about $197,000, 11 percent higher than in 2012.

Read More »

NAR Hires Managing Director of Data Analytics

Technology is ever-evolving, and it's transforming the real estate industry, generating volumes of information about how people approach and conduct real estate transactions. To help Realtors understand and interpret these trends, the National Association of Realtors (NAR) hired Todd Carpenter to fill a newly created position, managing director of data analytics.

Read More »

Aug New Home Sales Recover From July Plunge

Builders lowered prices and buyers responded in August, pushing new home sales up 7.9 percent to 421,000, reversing almost half of July’s 64,000 drop in sales, the Census Bureau and Department of Housing and Urban Development reported Wednesday. Economists surveyed by Bloomberg expected June sales to rise to 425,000 from July’s originally reported 394,000.

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.