Blog Archive

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Foreign Buyers and Immigration Expected to Drive Future Demand for U.S. Housing

Posted by Michael Favor III on May 25, 2017

U.S. real estate markets are increasingly becoming international, and changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices....Read More

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Realtors® Have a Positive Outlook for Commercial Markets in 2017

Posted by Michael Favor III on May 22, 2017

While challenges face commercial real estate markets, Realtors® specializing in the sector should have confidence that growth will continue. That’s according to speakers at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo....Read More

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HUD Secretary Carson Highlights Possible Improvements to Homeownership Programs

Posted by Michael Favor III on May 17, 2017

Potential homebuyers have a lot to contend with from tight credit and low inventory to rising prices. But for buyers who are able to muscle past these hurdles, Realtors® know that tough-to-make deals can still fall apart when needlessly high regulatory burdens get in the way....Read More

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Metro Home-Price Growth Heats Up 6.9 Percent in First Quarter

Posted by Michael Favor III on May 17, 2017

The strongest quarterly sales pace in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017, according to the latest quarterly report by the National Association of Realtors®. Metro home prices have now accelerated for three consecutive quarters....Read More

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5 Tips for Buyers in a Tight Housing Market

Posted by Michael Favor III on May 17, 2017

When inventory is low, home prices tend to go up. Attempting to purchase a house in this type of market can make the already complex process of buying a home even more overwhelming. To help buyers successfully get through the buying process in a tight inventory market with as little stress and difficulty as possible, the National Association of Realtors® has these five suggestions and an infographic: https://www.nar.realtor/infographics/5-tips-for-buying-in-a-tight-market....Read More

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Survey Reports 12 Percent Jump in REALTOR® Business Activity

Posted by Michael Favor III on May 11, 2017

After a slip in business in 2015, the National Association of Realtors® Member Profile found that the income and sales volume of Realtor® members increased in 2016. The median gross income of Realtors® increased 8 percent in 2016 as the typical member had the highest number of transactions in recent years....Read More

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June 5 Deadline to File for SBA Working Capital Loans

Posted by Michael Favor III on May 9, 2017

The Monmouth County Board of Chosen Freeholders is reminding local small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations in New Jersey that June 5 is the filing deadline for federal Small Business Administration (SBA) economic injury disaster loans as a result of freeze, excessive heat and drought between April 1 and Sept. 19, 2016....Read More

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Homeownership in the Crosshairs of Latest Tax Plan, Say Realtors®

Posted by Michael Favor III on May 3, 2017

Major reforms are needed to lower tax rates and simplify the tax code, but that shouldn’t come at the expense of current and prospective homeowners. That’s according to National Association of Realtors® President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties....Read More