Archive for March 2024
Local housing affordability gains ground
Local housing affordability has made its best gains in a year on the Atlanta Federal Reserve Bank’s Homeownership Tracker. The monitor is a little different from some of the more…
Read MoreRelators® gear up for Fair Housing focus
Every April Realtors® celebrate and commemorate passage of the Fair Housing Act with events focusing on housing discrimination and segregation. For the Association, Fair Housing Month signifies an annual recommitment…
Read MoreMARKET PULSE – New home sales up, average price down
Unlike the existing home market that’s slogging into prime season with a 17% sales increase, new construction sales are booming. So far this year sales are double what they were…
Read MoreRealtors® keep up with rapidly evolving demographics
Realtors® have always paid attention to demographics. Most of it used to focus on two distinct groups. The first was younger buyers who were typically first-time buyers. The next was…
Read MorePending home sales up spring forward
It’s official. Spring in here, and pending home sales are perking up from January’s lackluster performance. They’re not the only thing looking up in a market seeing a lot of…
Read MoreNational Association of REALTORS® Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers
CHICAGO (March 15, 2024) – The National Association of REALTORS® (NAR) today announced an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions.…
Read MoreMARKET PULSE – Inventory building for prime home sales season
Although there probably won’t be a big dip in mortgage rates for the prime home buying and selling season, the season is taking shape with guarded optimism. There are more…
Read MoreHere come the local home buyers, if mortgage rates behave
New residents and how they affect the housing market still dominate public attention, but they take backseat to the organic demand from sidelined buyers who are already here. While we…
Read MoreNational Association of Realtors® Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers
CHICAGO (March 15, 2024) – The National Association of REALTORS® (NAR) today announced an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions.…
Read MoreMARKET PULSE – Feb. $1 million plus sales included lots of land
There were two $1 million plus sales last month. Both were more about the land than the homes. At the same time, overall luxury home market made a strong rebound…
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