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Latest Realty News from NAR

HOME Survey: Economic and Financial Outlook, Attitudes About Home Buying and Selling on the Rise

WASHINGTON (September 25, 2017) — Existing-homes sales have retreated in four of the past five months, but new survey findings from the National Association of Realtors® indicate it is not because of a lack of confidence from consumers about buying and selling a home, or based on their views about the direction of the economy and their finances.

That’s according to NAR’s third quarter Housing Opportunities and Market Experience (HOME) survey1 ,... Read More

Existing-Home Sales Subside 1.7 Percent in August

WASHINGTON (September 20, 2017) — Existing-home sales stumbled in August for the fourth time in five months as strained supply levels continue to subdue overall activity, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West.

Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, retreated 1... Read More

Student Debt Delaying Millennial Homeownership by 7 Years

WASHINGTON (September 18, 2017) – Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying.

This is according to a new joint study on millennial student loan debt released today by the National Association of Realtors® and nonprofit American Student Assistance®. The survey additionally revealed that student debt is holding back millennials from financial decisions and personal... Read More

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Testimonials

As you may remember, building a home was a “Bucket list” item for us. With a new home build, we were able to get the floor plan we envisioned in a great neighborhood. It was a big decision to build – so many people told us it would be a nightmare to build – but with you it was a wonderful and clearly stated collaborative process- thanks to: • your accessibility and incredibly fast response to our initial questions • your guidance from the initial contract meeting and initial planning meeting • your accessibility and incredibly fast ongoing response to our questions throughout the process • your thoughts during each walk through to insure all as we planned was in place before the finished product • and also thanks to Terri’s help with the original sale and ongoing questions we had We truly love our new home and loved working with you. You provide service before the sale, during the build and are committed to continued service after the sale, and when it is needed. Your integrity before the sale was important to our decision – and it showed throughout the process. JoAnne Fournier and Mary Jo Brenner
“All my friends told me to beware about the nightmares associated with building, well at final walk through I told Mr. Alaimo my friends now tell me they don’t want to hear any more about how great my experience was. I guess they’re jealous.” Doreen Watson
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