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October 2018 Housing Affordability Index

By |2018-12-14T11:24:03+00:00December 14th, 2018|NAR|

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.88 percent this October, up 18.7 percent compared to 4.11 percent a year ago. Housing affordability declined from a year ago in October moving the index down 9.7 percent from 162.7 to 146.9. The [...]

What We’re Reading: December 10-14

By |2018-12-14T08:53:40+00:00December 14th, 2018|NAR|

 The history of traffic lights, insurance for stolen packages, fax machines, dangerous toys, architectural gingerbread and much more compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Cubicles=Freedom? Not so much. Traffic lights are 150 years old. Dagny Mol/flickr/2010 Police are teaming up with Amazon to outwit thieves.  Will insurance cover those stolen packages?  Maybe. Does [...]

REALTORS® Respond to EPA’s Proposed WOTUS Revision

By |2018-12-12T15:48:24+00:00December 12th, 2018|NAR|

Shannon McGahn, NAR’s Vice President of Government Affairs, issued the following statement after the EPA yesterday unveiled a proposal to change the Waters of the U.S. definition in order to clarify which waters are and are not regulated by the federal government. “Shannon McGahn, NAR’s Vice President of Government Affairs, issued the following statement after [...]

Property Values By State from 2005-2018

By |2018-12-11T12:41:58+00:00December 11th, 2018|NAR|

Home price appreciation is an important topic in today’s economy. Using data from the American Community Survey (ACS), we can analyze the gains and losses of property values over time. I estimated the median property values by state in 2018 using the FHFA index and the median property values from the (ACS). I then calculated [...]

New Books–December 2018

By |2018-12-10T12:23:37+00:00December 10th, 2018|NAR|

NAR members and Association staff can borrow up to six electronic books, digital audios and/or videos at no cost, through the Virtual Library eBooks Collection. Members can also borrow up to three books for 30 days from the Library Catalog for a nominal fee of $10. Call Information Services at 800.874.6500 for assistance. Routledge Handbook of Sustainable Real [...]

Add Some Plaid to Your Holiday Decor

By |2018-12-10T02:00:53+00:00December 10th, 2018|NAR|

By Melissa Dittmann Tracey, REALTOR(R) Magazine Holiday decor is going gingham style this year. Checkered plaid is one of 2018’s hottest holiday design accessory. Black and white or red and black buffalo prints are popping up in everything from Christmas stockings, ornaments, table runners, and wreaths. The buffalo prints are really a nod to the [...]

4 Tips for Using Paint to Update a Home

By |2018-12-10T02:00:15+00:00December 10th, 2018|NAR|

Photo Credit: Clare Painting a room can be a quick, transformative update for new homeowners to accomplish. Say your clients recently purchased a home and now they need a little design inspiration to bring it into all its glory. Paint is often the fastest and more transformative way to quickly update a space. Interior decorator Nicole [...]

NAR Leadership and Staff Named Real Estate’s 2019 Newsmakers

By |2018-12-05T10:41:58+00:00December 5th, 2018|NAR|

More than 230 real estate professionals were named as “newsmakers” for their role as influencers, crusaders, and trailblazers in the industry. RISMedia, a real estate news and information service, announced its “Class of 2019 Real Estate Newsmakers,” highlighting those in the industry who have made headlines over the past year because of their newsworthy contributions [...]

Can Homeowners Cope with Lower Home Prices?

By |2018-12-04T14:37:30+00:00December 4th, 2018|NAR|

With interest rates on the rise, home prices have started cooling off.[1] On the one hand, the cooling of home prices in high-priced metro areas makes a home purchase more affordable, saving households nearly $50/month on a median-priced home.[2] On the other hand, falling prices also erodes the wealth (home equity gains) of current homeowners [...]

How Virtual Twilight Photos Sold a Languishing Listing

By |2018-12-03T02:00:19+00:00December 3rd, 2018|NAR|

By Harry Parson, guest contributor A picture is worth a thousand words, and if you have bad photographs of your listing, it tells a thousand bad stories. So, when I recently took over a home that had been lingering on the market for more than a year, I focused on its photography and online presentation. [...]