USA Real Estate News-RISMedia
Pending home sales slid 2.2 percent in September, a minor decline after posting four consecutive months of growth, according to the National Association of REALTORS®. All four major U.S. regions recorded notable YoY increases, but only the Northeast posted month-over-month gains in pending home sales transactions.
When taking on any new project, the more you know and understand, the better things are likely to go. The same is true when buying a home for the first time. With our first-time buyer tips, you should be able to avoid many of the problems that can prevent your purchase from going well.
Let’s take a look at some of the key things to consider before you jump into the real estate market and buy your first house.
(TNS)—All seasons affect your home, but perhaps no other season impacts it more than winter. The cold temperatures, wind, snow and freezing rain combine to make it a season not to be ignored.
To ensure you do not have any unnecessary repair costs this winter, follow these seven simple steps while preparing for winter. They are short and sweet—and can save you money in the long run.
How to Prepare Your Home for Winter Weather
One of my preferred ways to recharge is by watching my favorite sports teams compete. Sports has so many parallels to business—it’s why I so often write about inspiring NFL coaches or top players on this blog. In business, your goal is to win and in sports, your goal is to win. I also see parallels between sports, business and being a parent. You lift up your family. You lead them when necessary and you ensure every member of your family finds success, just as you would with a business or sports team.
RE/MAX Elite and Motto Mortgage Elite
Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor.
(TNS)—It’s the last week of Spooktober. So if you’d like to squeeze in a few more horror movies to celebrate the upcoming Halloween holiday while staying safe at home, I’ve culled all the best horror movies from the top streaming services to avoid getting lost in the dreaded scroll loop.
Often, the hankering for horror film can be all too specific, so check out the choices below in each category depending on what you’re in the mood for. Happy watching!
Best Monster Movie/Creature Feature
NAR PULSE—This REALTOR® uses her time wisely to get trained and up-to-speed on RPR®, and now it’s paying off in her rebounding real estate market.
In August, home prices increased 5.7 percent YoY, up from 4.8 percent in the previous month, according to the most recent S&P CoreLogic/Case-Shiller Indices. Year-over-year, the 10-City Composite increased 4.7 percent, up from 3.5 percent in the previous month. The 20-City Composite increased 5.2 percent YoY, up from the previous month’s 4.1 percent gain.
The following cities experienced the highest YoY gains: Phoenix (9.9 percent), Seattle (8.5 percent) and San Diego (7.6 percent)
Brokers, register today for the first-ever virtual Broker’s Edge Series: Today’s Broker in a Virtual World! Learn how to best prepare your brokerage for the virtual world with topics such as technology and virtual trends, cyber and data security. Oct. 27, 2020, 11 a.m. CST! NAR’s Right Tools, Right Now Program pricing for REALTORS®: $29.95
In September, newly built, single-family homes decreased 3.5 percent to 959,000 from a downwardly revised August number, according to the latest Commerce Department monthly report.
Despite the monthly decline, the September rate is still 32.1 percent higher than the September 2019 pace. On a year-to-date basis, new-home sales are up 16.9 percent in 2020.
On a regional basis, new-home sales increased in all four regions, year-to-date: 22.5 percent in the Northeast, 25.9 percent in the Midwest, 14.4 percent in the South and 18 percent in the West.
(TNS)—Wearing a costume and mask for Halloween has long been a holiday tradition. But a costume mask is not a substitute for a protective mask. Cloth masks combined with other preventive measures, such as frequent hand-washing and social distancing, slow the spread of COVID-19.
These are challenging times, and that’s why it’s essential that real estate leaders come together to discuss how to pivot in this rapidly changing environment to succeed despite new obstacles.
JP & Associates REALTORS® City & Beach
How Commercial Real Estate Investors Are Weighing Climate Change When Planning Future Business Strategies
While COVID-19 is the leading disruptor of the commercial real estate market at the moment, the industry is preparing for even further long-term disruption from climate change. According to housing professionals, the rising sea levels, increasingly volatile swings in temperature and the routine occurrence of natural weather-related disasters— ranging from hurricanes and floods to droughts and wildfires—have forced brokers and investors, alike, to reckon with this potentially existential threat.
To celebrate Hispanic Heritage month, which ran from mid-September to mid-October, Realogy held several events, including a webcast that showcased several Hispanic members of the real estate industry. The Realogy webcast discussed inclusion and diversity, as well as the importance of celebrating Hispanic heritage and culture within the real estate space.
“We continue to celebrate Hispanic Heritage month and what it means for our industry,” said Realogy CEO Ryan Schneider.
ATTOM Data Solutions recently released its third-quarter 2020 U.S. Home Sales Report, which shows that profits for home sellers nationwide continue to hit high points despite the economic distress caused by the worldwide coronavirus pandemic.
Summer into fall has been a buying frenzy, with low inventory pushing up prices and giving sellers the market advantage. But are things changing soon? According to realtor.com®’s latest Weekly Housing Report for the week ending Oct. 17, the markets may soon experience a much-overdue seasonal market slowdown.
September marked the fourth consecutive month of existing-home sales growth, according to the National Association of REALTORS® (NAR). Overall, existing-home sales transactions increased 9.4 percent from August to a seasonally-adjusted rate of 6.54 million in September. This is a 20.9 percent increase from the same time last year.
(TNS)—Running is a great cardiovascular activity and one that has definite health advantages. For people who enjoy running, training and completing a marathon or road race brings a great sense of satisfaction. But when COVID-19 struck, many races were canceled to limit crowds. Now, virtual races are becoming a popular alternative.