Archive for June, 2015


Home Sales Are Way Up (Again), and First-Time Buyers Are Driving the Market

ByChrystal Caruthers 11:30 am ETJune 22, 2015June 22, 2015 In what the National Association of Realtors® called “an encouraging sign” for the housing market, first-time home buyers helped push home sales in May to their highest level since May 2009. While many had written off first-timers due to stagnant wages, tight credit, and what has seemed to […]

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NAR: Pending Home Sales Index Rises 0.9% to 112.6 in May

Pending home sales increased 0.9% to an index reading of 112.6 in May, after a revised 2.7% increase to 111.6 in April, according to a report released Monday by the National Association of Realtors.

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National Association of Realtors raises a red flag on housing prices

Jeff Clabaugh Broadcast/Web Reporter Washington Business Journal Sponsor Listing Enlarge Andy Dean Pending home sales reached a nine-year high in May. The number of homebuyers signing contracts to buy a house or condo reached a nine-year high in May, though the National Association of Realtors sounded a warning about rising prices. The NAR says pending […]

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How to choose the right real estate professional

Local News Duke Street project nears completion, despite delays

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Realtors celebrate executive assistant’s retirement

For the past 15 years, Mary Lou Wright served as the executive assistant for the Morgan County Board of Realtors. On Thursday night, the local Realtors honored her with a retirement party at the Country Steak-Out in Fort Morgan. “You couldn’t hardly put her job into a job description,” said Mandy Dreier of Colorado Land […]

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Miami Cash Buyers Twice National Average

According to the Miami Association of Realtors, median sales prices for Miami single-family homes and condominiums each registered double-digit growth while total residential sales increased in May 2015. “As a leading global city with world-class amenities, the Miami real estate market continued to gain momentum in May,” said Christopher Zoller, a 27-year Miami-based Realtor and the […]

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Half Of U.S. Homes Now Selling In 40 Days Or Fewer, Says National Association …

Home Sales Hit 22-Month Best Home sales volume continues to impress nationwide. According to the National Association of REALTORS®, 5.35 million homes sold in May 2015 on a seasonally-adjusted, annualized basis, continuing this year’s strong start for the housing market. Current mortgage rates, which have been low since October of last year, are helping to boost sales. The typical […]

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NAR and LOCUS research indicate ‘walkability’ is increasingly important to …

The American dream of a house in the suburbs with a neatly trimmed lawn and two cars in the driveway is giving way to a new trend as buyers are flocking to “walkable” residential communities in urban settings. According to national polls, half of Americans — particularly people under the age of 35 with college degrees […]

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First-time buyers drove home sales to new heights in May

Jeff Clabaugh Broadcast/Web Reporter Washington Business Journal Sponsor Listing Enlarge Andy Dean | iStock Closed sales of existing homes rose 5.1 percent in May. The number of closed sales of existing homes rose to the highest level since 2009, and prices nationwide were up sharply from a year ago. The National Association of Realtors says […]

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Does real estate have an identity crisis?

Yes, real estate does have an identity crisis. The public isn’t sure exactly what residential real estate agents are all about. The more everyone in the industry understands what contributes to this identity crisis, the better the industry will be at managing and eliminating the problem. From what I’ve seen and heard, many consumers just […]

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