Browsing Posts In: Real Estate News

June 10, 2011 Posted by: scott

NAR’s 2011 Profile of International Home Buying Activity reports that the total U.S. Existing Home Sales market was approximately $1.07 Trillion in the 12 months ending in March 2011, with sales of approximately $41 Billion to international clients. In addition, recent immigrants (who have moved to the U.S. within the past 2 years) and individuals […]

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May 31, 2011 Posted by: scott

Based on information from the May Realtors® Confidence Index, 66 percent of Existing Home Sales purchasers had a down-payment of less than 20 percent in their home purchase transaction.

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May 26, 2011 Posted by: scott

Based on information from the May Realtors® Confidence Index, Realtor® confidence in the outlook for real estate markets dropped slightly in April but was still well above the lows experienced in 2010. The lowest readings are in Condos and Townhouses. The confidence level for single family homes is approaching 40, with a reading of 50 […]

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May 25, 2011 Posted by: scott

Energy efficiency is an important feature for home buyers. NAR’s 2010 Profile of Home Buyers and Sellers includes some interesting data about buyers’ preferences for energy efficient features in a home. Study findings show that: Buyers in the East South Central and West South Central tended to place the highest premium on heating and cooling […]

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May 24, 2011 Posted by: scott

Nationwide the typical downpayment among those who recently purchased a home is 8 percent. However, among subregions in the U.S. there is variation. Those in the subregion of East South Central (WI, MI, IL, IN, OH) had the lowest downpayment of 5 percent and financed 95 percent of their recent home purchase. Those in the […]

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April 29, 2011 Posted by: scott

Appraisal issues continue to be a problem according to the latest Realtors® Confidence Index Survey. Respondents reported delays, lower sales prices, or cancellations in 35 percent of recent transactions.

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April 22, 2011 Posted by: scott

Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give the highlights of the most important data releases for the week of April 18-April 22, 2011, along with graphs that show the latest movement and overall trends. At a glance, this […]

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April 21, 2011 Posted by: scott

Respondents to the latest REALTORS® Confidence Index are reporting a March level of overall confidence that is approximately 5 points below that of a year ago, when there was a tax credit helping the market. With the expiration of the tax credit, REALTOR® confidence declined. However, now we are seeing higher levels of overall confidence […]

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April 18, 2011 Posted by: scott

This is a guest blog post by Joe Molinaro, NAR’s Managing Director for Smart Growth and Housing Opportunity. Two weeks ago, NAR’s Smart Growth Program released the findings of its 2011 Community Preference Survey, which aims to discover how people choose a neighborhood.  We were trying to measure the appeal of “smart growth” characteristics, such as […]

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April 8, 2011 Posted by: scott

Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give the highlights of the most important data releases for the week of April 4-April 8, 2011, along with graphs that show the latest movement and overall trends. At a glance, this […]

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