In the current unstable real estate market, we hear reports from the National Association of Realtors and many economists that the real estate residential housing market is stabilizing. This is based on several factors including recent price increases in several metropolitan markets, an increase in pending contracts of sale, and increase in overall residential market [...]
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By: Dennis Norman This morning the National Association of REALTORS(R) released data for existing home sales for November. The numbers show sales of existing homes down 8.6% nationwide versus October and down 10.6% versus last year. The Northeast saw the biggest decline in sales being down 12.0% versus last month and 18.0% versus last year. The west [...] By: Dennis Norman There is no doubt the housing market needs a lift! The National Association of REALTORS(R) are trying to help by urging congress to act quickly to help stimulate the market. The following is a 4 point plan that the REALTORS(R) recently delivered to members of congress. In addition, the REALTORS(R) are asking their members [...] Some people use the term “REALTOR®“ to refer to all real estate agents or brokers. However, just as not all corn chips are Fritos® and not all tissues are Kleenex®, not all real estate agents and brokers are REALTORS®.
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