How Real Estate Has Changed (and How It Hasn’t)

How Real Estate Has Changed (and How It Hasn’t) June 6, 2011 by Brian Summerfield · 2 CommentsFiled under: Selling, Technology By Brian Summerfield, Online Editor, REALTOR® Magazine At the RE BarCamp hosted at NAR’s Chicago headquarters this morning, participants discussed how the real estate business has changed in the past few years, and how…

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Sellers Sweeten the Deal to Attract Buyers

Sellers Sweeten the Deal to Attract Buyers Need to give buyers some extra incentive to choose your listing over the large inventories of others? Sure, price will get their attention, but some incentives may be the extra motivation needed to get the deal to the closing table. Here are a few common extras that are…

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Poll: 9 in 10 Americans Value Home Ownership

Poll: 9 in 10 Americans Value Home Ownership While nearly one-quarter of home owners owe more on their home than it’s currently worth, Americans still see the value in home ownership and still consider it part of the American dream. Nearly nine in 10 Americans say home ownership is an important part of the American…

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Pending Home Sales Turn Around in May

Pending Home Sales Turn Around in May Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of REALTORS®. The Pending Home Sales Index rose 8.2 percent to 88.8 in May from…

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Freddie Mac: Better Days Ahead in Housing

Freddie Mac: Better Days Ahead in Housing Freddie Mac’s chief economist is optimistic that the housing market and economy will improve in the second half of 2011. Freddie Mac Chief Economist Frank Nothaft said mortgage rates will likely remain historical lows of between 4.5 percent and 5 percent for the remainder of the year. Also,…

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Americans Still Embrace Home Ownership

Americans Still Embrace Home Ownership A new survey from the National Association of Home Builders finds that Americans continue to embrace home ownership. The results show that 75 percent of 2,000 people polled agree home ownership is worth the risk of fluctuations in the market and that 73 percent of renters want to own someday.…

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Commercial Real Estate Prices Dip

Commercial Real Estate Prices Dip Moody’s Investors Service is reporting that U.S. commercial real estate prices declined by 3.7 percent during the month of April, as distressed prices masked the price recovery seen in larger, higher-quality assets. The commercial property sector continues to struggle with slumping demand, and April marks the fifth straight decline in…

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Mortgage Rates Hold Steady at Yearly Lows

Mortgage Rates Hold Steady at Yearly Lows Mortgage rates remained mostly flat this week, hovering near yearly lows, Freddie Mac reports in its weekly mortgage market survey. “Mortgage rates were virtually unchanged this week amid further indications of a soft housing market,” says Frank Nothaft, chief economist at Freddie Mac. The National Association of REALTORS®…

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