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Realty ONE Group Launches Billboard Campaign in New York City’s Times Square

January 23, 2018 4:54 pm

Realty ONE Group, one of the leading and fastest-growing independent firms in the North American residential real estate landscape, has launched its largest advertising campaign to date this week, with a media blast throughout New York City’s iconic Times Square district—the largest coordinated campaign in Times Square ever purchased by a real estate brand, according […]

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Impact of Teams: Join One, Start One or Compete Like One

January 23, 2018 4:54 pm

NAR PULSE—Teams are already a major driver of business nationwide—in some areas of the country, they represent over 50 percent of all transactions. To further measure the impact teams are having on the industry, NAR, in partnership with realtor.com®, is conducting a study measuring the impact of teams. Participate in this short quiz through NAR’s […]

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Economic Forecast Hinges on Policy, Tax Reform

January 23, 2018 4:54 pm

The economy could get a lift from tax reform, with homebuyers and homeowners likely having more income, but less in the way of write-offs, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for January 2018. Analysts believe housing will again be marked by short supply this year. […]

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Freddie: 2018 ‘Looking Pretty Good’ for Economy, Housing

January 22, 2018 4:51 pm

Bolstered by economic gains, home-building, prices and sales are all forecasted to outdo 2017 this year, according to Freddie Mac researchers. In Freddie’s January Outlook, “Maintaining Momentum: 2018 and Beyond,” analysts believe the economy is moderating—growing 2.5 percent in 2018, versus 2.6 percent in 2017—but, expect home prices to increase 5.7 percent, sales to increase […]

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10 Percent and Falling: Housing Inventory Keeps Shrinking

January 21, 2018 2:42 pm

Buyers are being challenged by diminished inventory and mounting prices, especially in areas with crisis-level supply, according to the December Zillow® Real Estate Market Report. Inventory is down 10 percent from last year—a three-year trend—and, in the buzziest markets, as much as 40 percent. Construction costs are exacerbating the issue, says Aaron Terrazas, senior economist […]

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Disaster Protocol: Is Your Company Prepared for the Worst?

January 21, 2018 2:42 pm

This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses broker disaster/emergency policies and procedures. Moderator Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, NAR Panelists Rick Haase, President, Latter & Blum, Inc., REALTORS®, New Orleans, La.   Marnie Goldschlag, Co-Owner, NextHome Wine Country Premier, […]

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Home Remodeling Spending to Stay Strong

January 20, 2018 12:39 am

Home remodeling spending is expected to stay strong in 2018, up 7.5 percent from last year, according to the latest Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Steady gains in the broader economy, and in home sales and prices, are […]

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David Caveness: Creating Opportunities for Agents

January 20, 2018 12:39 am

David Caveness, president and CEO of Carpenter REALTORS®, received RISMedia’s National Homeownership Award this past November during the 22nd Annual Power Broker Reception & Dinner, held in conjunction with the 2017 REALTORS® Conference & Expo. An honor brought about thanks in large part to Caveness’ 43-plus years of excellence in the business, the National Homeownership […]

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Average 30-Year Mortgage Rate Charges Above 4 Percent

January 20, 2018 12:39 am

The average 30-year, fixed mortgage rate charged to 4.04 percent this week, up from 3.99 percent the week prior, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.49 percent, up from 3.44 percent the week prior, while the five-year, Treasury-indexed hybrid adjustable rate averaged 3.46 percent, the same as […]

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Achieving Financial Wellness in 2018 and Beyond

January 20, 2018 12:39 am

Financial security during your working years, and in retirement, is a top priority for every member of the National Association of REALTORS® (NAR). However, since most members work as independent contractors, or brokerage owners/managers, they don’t have access to employer retirement savings plans, making it especially challenging to plan for long-term financial security. Many REALTORS®, […]

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