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Blog Archive

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  • April 2017

Existing-Home Sales Jumped 4.4% in March

Posted by Michael Favor III on

Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors®. Only the West saw a decline in sales activity in March....Read More

Second Century Ventures Announces 2017 REach® Accelerator Class

Posted by Michael Favor III on

The National Association of Realtors®’ strategic investment arm, Second Century Ventures, unveiled seven organizations chosen for the 2017 class of REach®, a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries. The program is focused on providing early-to mid-stage companies with access to NAR’s industry expertise, influence and key relationships as companies are launched into the trillion dollar real estate space....Read More

Affordability, Tight Supply Cause Vacation Home Sales to Plummet in 2016; Investment Sales Climb 4.5%

Posted by Michael Favor III on

Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016 were more likely to take out a mortgage and use their property as a short-term rental....Read More

Majority of Realtors® Say Clients Interested in Sustainability

Posted by Michael Favor III on

Growing consumer interest and demand for greener, more sustainable properties is driving a dialogue between Realtors® and homebuyers and sellers. Over half of Realtors® find that consumers have interest in real estate sustainability issues and practices, according to the National Association of Realtors®’ recent REALTORS® and Sustainability report....Read More

Monmouth County announces 2017 paper shredding days

Posted by Michael Favor III on

Monmouth County has scheduled ten 2017 Paper Shredding events in local communities so that Monmouth County residents have opportunities to get rid of old documents and Freeholder Serena DiMaso, Esq. (far right) pitched-in to help residents dispose of documets properly at a 2016 paper shredding event. confidential files safely....Read More

With National Flood Insurance Program Expiring in Six Months, Realtors® Sound the Alarm

Posted by Michael Favor III on

On September 30, just six months from today, the National Flood Insurance Program will expire. The National Association of Realtors® is working closely(link is external) with federal regulators and members of Congress to strengthen the program(link is external) and clear the way for a private market to take hold; NAR has also issued a series of principles(link is external) to improve access and affordability for consumers....Read More