No Gain, No Loss: Existing-Home Sales Stabilize

September, 20 2018

August existing-home sales stabilized, ending a regressive streak, the National Association of REALTORS® (NAR) reports. At 5.34 million, activity neither decreased nor increased from July, but was down 1.5 percent from the prior year. Inventory month-over-month also steadied, at 1.92 million—a jump from 1.87 million the prior year. Activity was carried by the Midwest and […]

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Making Moves for REALTORS: One-on-One With Bob Goldberg

September, 19 2018

Credit: AJ Canaria of PlanOmatic Bob Goldberg has had an action-packed year. In just a little more than 12 months since taking the helm as CEO of the National Association of REALTORS®, Goldberg has implemented an array of internal changes and spearheaded several key initiatives designed to better serve members. During a special one-on-one interview […]

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Marriage Equality Continues as LGBT Homeownership Driver: Report

September, 16 2018

It has been more than three years since the Supreme Court ruled in favor of marriage equality, paving the way for the continued increase of LGBT married couples purchasing homes, according to the National Association of Gay and Lesbian Real Estate Professionals’ (NAGLREP) second annual LGBT Real Estate Report, an online survey of 485 members […]

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Hurricane Florence: 755,000-Plus Homes Could Be Impacted by Storm Surge, Projections Show

September, 12 2018

Hurricane Florence is imminently making landfall, with the Category 4 storm (at press time) on track to batter the Carolinas and parts of Virginia, causing catastrophic damage in the region. According to CoreLogic preliminary projections, an estimated 758,657 homes could be devastated by the hurricane’s storm surge, and reconstruction could total up to $170.2 billion. […]

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CEO Exchange Keynote: Leadership, in Every Sense of the Word

September, 9 2018

Leading Real Estate Companies of the World® CEO/President Paul Boomsma (Credit: AJ Canaria of PlanOmatic) Against a backdrop of changing consumer preferences, technology and shifts in Washington, brokerages are navigating new territory—one where the customer experience is tops, and creativity, inclusiveness and leadership are non-negotiables for success. For Paul Boomsma, CEO of the expansive Leading Real […]

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Affordability Aside, Housing Optimism Picks Up

September, 9 2018

The confidence consumers have in housing is picking up steam—but not because of the market outright, according to the August Fannie Mae Home Purchase Sentiment Index® (HPSI). At 88, the gauge grew 1.5 percentage points month-over-month; however, the confidence consumers have is on par with the prior year, and they are more keen on macro […]

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Consumer Confidence at High Point

September, 8 2018

In August, consumer confidence rose, posting a 133.4 reading in the Consumer Confidence Index® from The Conference Board. July’s reading was 127.9. The Expectations reading of the Index, which gauges how consumers feel about their business, employment and income prospects six months out, improved, as well, to 107.6, while the Present Situation reading, which gauges […]

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CoreLogic: July Prices up 6.2 Percent

September, 7 2018

Home prices are still on a tear, but growing less significantly than in 2017, according to CoreLogic’s latest Home Price Index (HPI™) report. In July—around the height of one of history’s hottest housing markets—prices rose 6.2 percent year-over-year, the report shows. “With increased interest rates and home prices, the CoreLogic Home Price Index is rising […]

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