Archive for May, 2016


Lexington Realtor® Recognized with Meritorious Service Award from National Association of Realtors®

The award was presented at the annual Realtors® Legislative Meetings Trade Expo in Washington DC WALTHAM, Mass. – May 30, 2016 – (RealEstateRama) — The Massachusetts Association of Realtors® (MAR) announced today that MAR Past President Judy Moore, a broker at the Higgins Group in Lexington, was recently presented with the 2016 Federal Political Coordinator […]

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National Association of Realtors to Zillow: Don’t come to our events

Zillow has been banned from events hosted by the National Assocation of Realtors. Photo: Shutterstock The National Association of Realtors has a blunt message for Zillow Group, the country’s leading online real estate portal: Don’t bother participating in any NAR events this year. As reported by the real estate news site Inman, the NAR has […]

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National Association of Realtors bans Zillow from 2016 events

Errol Samuelson , a NTA conference and Cameron Paine Zillow was conspicuously absent at the National Association of Realtors’ (NAR’s) midyear conference last week. And that was for a good reason: they weren’t allowed to come. At the event, MLS CEO Cameron Paine asked the crowd why News Corp.-owned realtor.com operator Move Inc. was pitching […]

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Pending Sales of U.S. Existing Homes Rise by Most Since 2010

Contracts to purchase previously owned U.S. homes climbed in April by the most since October 2010, adding to signs that the industry’s busy selling season was off to a good start, according to data released Thursday by the National Association of Realtors. Key Points Index of pending home resales increased 5.1 percent (forecast was 0.7 […]

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Dearborn Board well represented at the National Association of Realtors

Michigan Realtors meeting with Senator Peters WASHINGTON — From May 9 to May 14, the National Association of Realtors held its annual legislative meetings and expo, with the Dearborn Area Board of Realtors well represented.  Sam Baydoun, the 2016 president of the organization, attended many of the legislative meetings along with President Elect Robert Marx […]

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NAR: Today’s Homes Are Selling Super-Fast

Buy That House Before It’s Gone? The housing market is its strongest in a decade. According to the National Association of REALTORS® and the Census Bureau, more than 6 million homes changed hands last year, marking the first time that’s happened since 2006. The rise in home sales can be attributed to many factors. However, three reasons stand […]

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Pending Home Sales Reach Highest Level in a Decade

Pamela Moore/iStock The number of homes under contract hit the highest level the housing market has seen since before the bubble burst, buoyed by a stronger economy and lower mortgage rates. Pending home sales, which are purchases that haven’t closed yet, were up 4.6% in April compared with the same month a year earlier, according to […]

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Agents say real estate market isn’t as fun as it used to be

NEW YORK (AP) – Real estate agents are flummoxed by a housing market that’s still trying to recover a decade after its historic collapse. Slideshow Agents are getting higher commissions as home prices rise, but have fewer houses to list because homeowners are reluctant to sell. Many owners don’t want to put their homes on […]

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Single ladies in Texas more willing to commit … to housing purchases

A pool for the sweltering summertime, more space for her young teens to stretch out with their friends and access to the Richardson school district. Those were 42-year-old Christine Burns’ criteria when she started looking for a new home. When Maggie Lewis, 28, decided to find a place several years ago, she was in the […]

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NAR: 2016 Existing Home Sales Figures Best Since 2007

Existing Home Sales Rising With today’s mortgage rates still firmly in the 3s, the housing market remains strong. 5.45 million existing homes sold on a seasonally-adjusted, annualized basis last month, an increase of 6 percent from the year prior, marking the best April for home sales in a decade. Home prices are up, too. With an active scarcity of homes […]

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