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March 4, 2015

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Fewer Claims for Unemployment Insurance in August Portend Lower Unemployment Rate

Fewer Claims for Unemployment Insurance in August Portend Lower Unemployment Rate

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 unemployment insurance claims. Initial claims for unemployment insurance dropped in the last week of August to 323,000 claims, the lowest number of claims filed since the economy fell under [...]

What are retirement equity release mortgages?

For many people the home is the most valuable asset they have. However, accessing the equity can be very difficult unless you sell your home. Equity release mortgages, sometimes called reverse mortgages, are mortgages that allow you to access the equity in your home without selling it. It works similar to a home equity loan […]

Demand for Homes Continues to Outstrip

Demand for Homes Continues to Outstrip Supply

REALTORS® continue to report that supply remains low compared to demand, according to the January 2015 REALTORS® Confidence Index Survey. The Buyer Traffic Index registered at 56, while the Seller Traffic Index was at 41.  An index greater than 50 means the number of respondents who have a “strong” outlook outnumber those with “weak” outlook. Respondents […]

Why You Should Pay Attention to the Home’s Furniture Layout

Why You Should Pay Attention to the Home’s Furniture Layout

By Charlene Storozuk, guest contributor One thing that occasionally gets overlooked when preparing a home for sale is furniture layout. I’ve been in many homes where I’ve felt that something wasn’t quite right about a certain room as soon as I entered it. Not anything obvious, but more of an indescribable sense of confusion for […]