Tag Archives: Realtors

Existing home sales rose 7.8 percent to 4.82 million in August the highest level since May 2010 the National Association of Realtors reported Wednesday. The median price of an existing single-family home in August was $187,400, down $400 from July but up $16,200 or 9.5 percent since August 2011.

In another positive sign for the housing sector, the Pending Home Sales Index (PHSI) rose 2.4 percent in July to 101.7, its highest level since April 2010, the National Association of Realtors reported Wednesday. Economists had expected a 1.0 percent increase to 100.3.

In the world of real estate agents, the iPhone reigns king-but just barely. A survey conducted by Realis Real Estate Software found that there seems to be no clear preference among agents between iPhone and Android-based phones-43 percent of agents use an iPhone, while 41 percent use an Android device.

After seeing some of the worst of the housing crash, Florida is continuing its steady bounce back, Florida Realtors reported Wednesday. According to the group, the Sunshine State saw increases in pending sales, closed sales, and median prices in July, while inventory of homes and condos for sale dropped.

The Miami Association of Realtors (MIAMI), along with eBrokerHouse, Inc., announced a landmark agreement that will make the eBrokerHouse platform available to MIAMI's membership.

The California Association of Realtors (CAR) reported Friday that home sales and prices both showed strong gains in July, with the sales pace showing year-over-year growth for the fourth straight month and the median price reaching a four-year high. Leslie Appleton-Young, CAR VP and chief economist, said the gains in the last few months reflect a market shift toward higher-priced homes.

Limited inventory and increased competition helped push June's average home sales-to-listing price ratio above 95 percent, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. HousingPulse attributed the boost to increased competition for the falling inventory of non-distressed property listings, as well as particularly strong home purchase activity in California, Nevada, and Arizona.

Home sales and prices picked up for Florida in June, according to housing data released by Florida Realtors. The organization's report shows a 5.3 percent year-over-year increase in closed single-family home sales in the Sunshine State, while pending sales jumped up 31 percent. Year-to-date, closed and pending sales are up from 2011 by 2.3 percent and 19.3 percent, respectively.

While home prices in Las Vegas saw an increase in June, the Greater Las Vegas Association of Realtors (GLVAR) is wondering if the boost is just the result of a temporary effect of tight supply. The organization released statistics Tuesday indicating that existing home prices in June increased for the fifth straight month as the supply of local homes for sale tightened more.

Move, Inc., operator of online real estate Web site Real.com, and RealBizMedia, a media content provider for the real estate industry, announced a partnership to launch the Realtor.com TV Channel which will provide millions of home listings to approximately 55 million U.S homes. Launching the second half of 2012, the channel will begin airing on the Cox cable network as Video on Demand (VOD). By doing so, Realtor.com will reach potential homeowners on three platforms: computer, mobile, and television.