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Distressed Sales Still on the Downtrend: 11 Percent of Sales in June 2014
With rising home values and fewer foreclosures, the share of distressed sales to total residential sales continues to be on the downtrend, according to the June 2014 REALTORS® Confidence Index....
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REALTORS® Expect Modest Price Growth in Next 12 Months, Based on June 2014...
REALTORS® generally expect home prices to increase in all states and the District of Columbia over the next 12 months, according to the June 2014 REALTORS® Confidence Index. The median expected price...
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Properties Typically Sold Within 44 Days in June 2014
With home inventories limited relative to demand, properties were reported as selling faster for the sixth straight month, typically at 44 days (47 days in May) [1], according to the June 2014...
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Falling Oil Prices, REALTOR® Expense
Oil prices have tumbled in the past month, and the reasons are due to supply and demand. North Dakota is producing oil like mad, now the second biggest oil producing state after Texas, surpassing...
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REALTORS®: Six-Month Single Family Home Outlook “Moderate”
REALTORS’® confidence about the outlook for the next six months for single-family homes is still generally “moderate” in many states, according to the September REALTORS® Confidence Index Survey:...
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Rise in Member Age: No Stop in Sight
The median age of members has been rising since data collection started in 1978. In 1978 the median age of NAR members was 42, today the median has risen to 56 years of age. In 1978 the share of...
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Market Conditions Held Steady in October
According to the latest REALTORS® Confidence Index, current conditions across property types essentially moved sideways in October–a slight decline for the single family market, and a slight increase...
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Building the Buyer and Seller Relationship
Buyer and seller use of a real estate agent in the process of buying or selling a home remains at a historical high. On the buying side, 88 percent of buyers purchased a home while using a real estate...
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Diversity of REALTOR® Members
Looking at data from NAR’s 2005-2014 Member Profile, we can see how the demographics of our members have changed over the last 10 years. Gender of REALTORS®: Since 2005 the distribution of gender has...
View ArticleInternational Women’s Day
International Women’s Day is celebrated internationally on March 8th each year. It is a day to acknowledge the economic, political, and social achievements of women. In recognition of this day we can...
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Online Communities Taking Over the Neighborhood
This blog post was written by Amanda Riggs, Research Survey Analyst. Getting involved in your community once only meant volunteering for a civil group, joining a sports club, or running for local...
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Real Estate: The New Face for Women’s Economic Empowerment
The typical REALTOR is a 57 year old female who is educated and a homeowner, survey says Move over Sheryl Sandberg, the Lean In circles may be great for corporate America but female entrepreneurs are...
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New Faces in Commercial Real Estate
Recently commercial membership has seen demographic changes. New members joining commercial real estate contrast some characteristics of typical commercial membership. While commercial real estate is...
View ArticleLabor Day: Celebrating the Achievements of REALTORS®
Labor Day is an annual tribute to the achievements and contributions of American workers. Labor Day became a federal holiday in 1894 and was first celebrated in 1882 by the Central Labor Union....
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Martin Luther King, Jr. Day
Martin Luther King, Jr. Day is observed on the third Monday of January and marks the birthday of Rev. Dr. Martin Luther King, Jr. This holiday is also recognized as a day of service, and is an...
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How Real Estate Agents Acquire New Business
This seems to be the question everyone wants to know if you are a real estate agent. Me? I found mine by referral so there was already a level of trust established. In fact, most buyers find their...
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Are Unfair Housing Practices Occurring in the Real Estate Market?
When the National Association of REALTORS® receives a bundle of inquires on a specific topic, its Research and Statistics Department is often asked to conduct a survey of its members to learn more...
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Experienced REALTORS® Passing on the Torch
Several major trends emerged in the 2016 Member Profile. One notable change in the demographics of NAR members is that a cadre of experienced REALTORS® may be retiring or looking to retire in the next...
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An Influx of Young Members to the REALTOR® Family
The 2016 Member Profile shows some interesting changes in the demographics of National Association of REALTORS® (NAR) members. There are several major trends that have emerged from the data; the...
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Drone usage within the Real Estate Industry
The 2016 Member Profile provides data on drone usage within the Real Estate industry. This question was added to the Survey in 2016, and provides information on current drone users and the optimism...
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