Archive for July, 2017


US home prices reach record high for sixth straight month

WASHINGTON — U.S. home prices reached a new high in May for the sixth straight month, which may raise fears of another housing bubble roughly a decade after a previous one burst. The Standard Poor’s CoreLogic national home price index, released Tuesday, increased 5.6 percent in May, the latest data available. It is now 3.2 […]

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Meet Danielle Hale, realtor.com’s new chief economist

Danielle Hale Danielle Hale has been an economist researching the housing industry for almost a decade; she was incredibly helpful with shaping Inman’s deep dive on the home listing shortage earlier this year as the managing director of housing research for the National Association of Realtors (NAR). So it’s perfectly appropriate that she’ll be joining […]

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US homes sales drop as supply dwindles

Homes in the U.S. (Credit: Rachel Elaine via Flickr) Existing home sales in the U.S. took a dive in June, as demand outpaced a serious shortage in supply. Sales of previously owned homes declined 1.8 percent last month from May, falling to a seasonally adjusted annual rate of 5.52 million, according to the National Association […]

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Homebuyers warned not to sleep on deals as Dayton market remains hot

Homebuyers in the Miami Valley are being warned “if you sleep on it, you may not sleep in it” as the real estate market continues to stay hot for sellers as the inventory of available homes remains low. June set all-time records for both the numbers of homes sold and the average sale price in […]

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June home-sales reports show mixed results in Ohio, across the country

CLEVELAND, Ohio — The Buckeye State eked out narrow home-sales gains in June, when compared with a year before. And sales of previously owned homes generally were up across the Midwest last month, even as the rest of the country faltered. But the pace of Ohio and nationwide sales slipped from May to June, as […]

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US existing home sales stumble as prices hit record high

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NAR Endorses Flood Insurance Legislation Following … – RISMedia

The National Association of REALTORS® (NAR) is announcing its support for the 21st Century Flood Reform Act following improvements to the legislation, namely the preservation of a “grandfathering” provision that protects homeowners from rate increases when flood maps change. The legislation in prior drafts called for the elimination of the grandfathering provision in 2021, as […]

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Montgomery County real estate briefs: Week of July 23

Jessica Mendez joins Berkshire Hathaway Sue Walsh and Patrick Gallagher, co-sales leaders of Berkshire Hathaway HomeServices Fox Roach, Realtors Chestnut Hill office, welcome Jessica Mendez as a sales associate. She has been licensed since 2003 and has a background in finance. She resides in Philadelphia and serves the Greater Philadelphia area. Mendez can be contacted […]

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Local Realtors attend Washington meetings

On behalf of current and future home and property owners throughout the country, more than 9,600 Realtors traveled to Washington, D.C., May 15-20 to advance key real estate issues during the 2017 Realtor Legislative Meetings Trade Expo. Konnie Krahn-Prosence, chair of the Glenwood Springs Association of Realtors (GSAR) and broker associate with Vicki Lee Green […]

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PACs helping Senate candidates

The three main rivals for a U.S. Senate seat from Indiana are collectingcampaign funds from some of the same sources. At least a dozen political action committees each contributed money to the campaigns of Sen. Joe Donnelly, D-Ind., and Reps. Luke Messer, R-6th, and Todd Rokita, R-4th,during the second quarter of this year. Neither Messer […]

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