Housing Starts Soar in July

(MCT)—New home construction surged to an eight-month high in July, providing a lift to the broader economy. Housing starts jumped 15.7 percent from June to a seasonally adjusted annual rate of 1,093,000, the Commerce Department said Tuesday. Economists had expected a rate of 965,000, according to FactSet. The department also revised June’s rate of housing […]

What Will Your .REALTOR Domain Name Be?

NAR PULSE—On Oct. 23, you and your agents can finally claim your .REALTOR domain! Get ready by visiting www.about.REALTOR to access FAQs, videos, naming guidelines and other great resources. The first 500,000 members who register will receive a FREE .REALTOR domain for one year. Watch this brief video to learn more about registering your .REALTOR […]

.REALTOR Top-Level Domain Sign-up Launches in October to Full NAR Membership

The National Association of Realtors®’ new .REALTOR top-level domain will be available Oct. 23, 2014 to members of NAR and the Canadian Real Estate Association. Those who participated in last year’s pre-sign-up opportunity—some 80,000 REALTORS®, according to NAR—will be able to register their .REALTOR domain on to-be-announced dates prior to the Oct. 23 membership-wide launch. […]

Home-Price Gains Decelerate in Many Metro Areas during Second Quarter

Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of REALTORS®. The median existing single-family home price increased in 71 percent of measured markets, with 122 out of […]

Scaling Mountains, Succeeding in Business: Rick Davidson Shares Secrets for Both

There are plenty of ways to give back – from food drives all the way to climbing volcanoes. Rick Davidson, president & CEO, Century 21 Real Estate, is gearing up to make use of his leadership skills as he spearheads a five-man trek up Mt. Elbrus in Russia, one of the Seven Summits. This will […]

Own a Niche to Get Rich

If you haven’t already heard the above phrase, now is a good time to burn it into your brain. As a successful real estate broker who made the transition from the broker side of the business to the affiliate side, I have gained a unique perspective as to what really helps agents do more business, […]

Is Your Revenue at Risk? CEO Exchange Panel Discusses the Future of ABAs for Brokers

The prominence of the Consumer Financial Protection Bureau (CFPB) has raised concerns surrounding compliance and regulations, impacting everything from the Fair Credit Reporting Act and the new Qualified Mortgage Rule to the Real Estate Settlement Procedures Act. The implications for Affiliated Business Arrangements between brokerages, franchises and financial service providers are profound, and potentially put […]

67 Percent of Consumers Plan Home Improvements in the Next Six Months: Survey

Nationally, 67 percent of consumers plan home renovations within the next six months, according to the latest realtor.com® Home Improvement Survey. More than 1,500 visitors to realtor.com® from May 19-29, 2014, responded to the survey. Over two-thirds of respondents plan to renovate an area of their homes immediately, and 20 percent of those surveyed plan […]

Contract Rate on New Home Loans Dips Under 4 Percent

On average, mortgage interest rates declined in May, according to data released recently by the Federal Housing Finance Agency (FHFA). On conventional mortgages used to purchase newly-built homes, the average contract interest rate dropped by more than 30 basis points, from 4.19 to 3.88 percent. This is the lowest the new home loan rate has […]

Housing Recovery Entering Middle Innings in 2014, as Local Market Performances Are Expected to Vary Widely

In Q4 2013, Appreciation Slowed from Summer Peaks; Formerly Boiling Markets like Bay Area Reduced to a Simmer, According to Zillow Fourth Quarter Real Estate Market Reports • U.S. home values ended 2013 up 6.4 percent year-over-year, to a Zillow Home Value Index of $169,100. • National annual appreciation rate expected to slow to 4.8 […]