National News
The National Association of Realtors (NAR) predicts a strong 2018 for home sales, but inventory shortages and upcoming tax reform could have a major impact on the market. NAR’s Chief Economist Lawerence Yun presented his 2018 housing and economic
Elizabeth Mendenhall, CEO of RE/MAX Boone Realty in Columbia, Missouri, was installed today as 2018 president of the National Association of Realtors during the Realtors Conference & Expo in Chicago. Mendenhall was NAR’s 2017 president-elect and 2016 first vice
For-sale-by-owner (FSBO) homes accounted for only 8 percent of recent home sales, according to the National Association of Realtors (NAR). This marks an all-time low in FSBO home sales since NAR began recording the data in 1981. Between 2001
Home prices continued to grow in nearly every major metro across the country in the third quarter, according to the latest quarterly report from the National Association of Realtors. The national median existing single-family home price rose to $254,000,
Boston ranked at No. 6 among the most sustainable cities in North America, according to Arcadis’ recently-released Sustainable Cities Mobility Index. To measure the sustainability of 100 cities across the world, the SCMI looks at three factors in each
Luxury home prices grew 4.9 percent in the third quarter of 2017 compared to the same time last year as inventory tightened on the top end of the market. This marked the first quarter in which luxury inventory fell
The National Association of Realtors (NAR) and the National Association of Homebuilders (NAHB) have both come out against the new GOP tax plan that was revealed on Thursday. One of the most significant changes in the tax plan involves
Through August 2017, there have been 852,825 housing permits issued this year for single- and multi-family homes — an increase of 7.7 percent over August 2016. A recent report from the National Association of Home Builders analyzed U.S. Census Bureau’s Survey of
Are you new to your neighborhood and looking to make friends? It may not be as easy as it used to be. According to a new survey, 40 percent of Americans avoid their neighbors altogether. The Homes.com survey also reveals that
With more homebuyers competing for a limited supply of homes, sellers are upping their prices to match the high demand, according to the S&P CoreLogic Case-Shiller Indices for August 2017. The National Home Price Index reported a gain of
Airbnb is getting more involved in the real estate industry, as it recently announced its partnership with Newgard, a Florida developer, to create a new residential rental complex called Niido. Located in Kissimmee, Florida, the multifamily building includes 324
With just one month left in the year, it’s clear that the dominant characteristic of the 2017 housing market has been low inventory. While that’s resulted in higher prices and fewer sales overall, one thing is clear: People are
Lennar and CalAtlantic Group announced a $5.7 billion stock-and-cash deal on Oct. 29 to create the largest homebuilder in the United States. This is the largest homebuilder merger since the financial crisis. With this deal, the companies said it
The National Association of Home Builders announced on Oct. 30 that it does not support the forthcoming GOP tax plan, which would ax the mortgage interest tax deduction (MID), eliminating an estimated $80 billion in homeowner subsidies annually. Until
Home developers around the country are having to be more resourceful, as the amount of available land in the United States shrinks while builders require higher wages and the price of materials increase. The result, according to a recent
The National Association of Realtors recently released its Realtors Confidence Index (RCI) to gauge Realtors’ feelings about the overall market, including local real estate market conditions, characteristics of buyers and sellers, and external factors affecting homeownership and sales. Overall, the confidence index