National News

NAR Receives Best in Biz Award for Forward Business Practices

By Natalie Terchek The National Association of Realtors (NAR) received a gold Best in Biz award for its forward-looking business practices. The independent business awards program honors companies and executives for their business successes. It is judged by industry

2012 NAR Profile of Home Buyers and Sellers: Selling Experience

By Peter Ricci For the last two weeks, we’ve taken a detailed look at the homebuyers side of the National Association of Realtors’ 2012 Profile of Home Buyers and Sellers, analyzing demographics, the home search process, what kinds of

3 Reasons that Home Prices Have Increased in 2012

By Peter Ricci With few exceptions, home prices have been on the rise through most of 2012, and in noticeable ways – the most recent Case-Shiller Home Prices Indices, which Standard & Poor’s released on Tuesday, reported that home

NAR: Pending Home Sales Index Rises 13.2 Percent

By Peter Ricci The Pending Home Sales Index, a forward-looking measure of real estate activity from the National Association of Realtors (NAR) that tracks contract signings, rose 13.2 percent year-over-year in October, hitting its highest mark since March 2007

HousingPulse Survey Finds First-Time Homebuyers Missing Out

By Peter Ricci First-time homebuyers have always played an integral role in the housing market, but the latest HousingPulse Survey from Campbell/Inside Mortgage Finance has found that they may be missing out on the housing recovery. After surveying 2,500

2012 NAR Profile of Home Buyers and Sellers: Lending Standards

By Peter Ricci Now that the real estate markets have begun a slow, steady recovery, it’s become commonplace for analysts to debate what factors are holding back housing from the rollicking, surging recovery we all dream about. From negative

New Single-Family Home Sales Rise 17.2 Percent in October

By Peter Ricci New single-family home sales increased 17.2 percent year-over-year in October, according to the latest joint report from the U.S. Census Bureau and the Department of Housing and Urban Development. Although sales were down 0.3 percent from September to October,

2012 NAR Profile of Home Buyers and Sellers: Repeat Business

By Peter Ricci Referrals, it’s safe to say, are the lifeblood of a real estate agent’s career. Though networking and prospecting are invaluable for generating leads, it is through stellar service, and the referrals that such service generates, that

Green Building Market Expected to Triple by 2016

By Peter Ricci The 2013 Dodge Construction Green Outlook report, McGraw-Hill’s oft-cited study of the green building market, is predicting great things for green building in the U.S., estimating that the market will more than triple in the next

2012 NAR Profile of Home Buyers and Sellers: Characteristics of Homes

By Peter Ricci Last week in our continuing series on NAR’s 2012 Profile of Home Buyers and Sellers, we looked at the demographics of 2012’s homebuyers and how they searched for their future homes, and now, in our next

A Real Estate Christmas? Decorating Client's Homes For the Holidays

By Peter Ricci We all get a kick out of walking around our neighborhoods and surveying everyone’s holiday decorations, and indeed, few things looks nicer than a brightly-lit, tastefully-decorated home in the wintry months. But what about homes you

The Pros & Cons of Selling Real Estate on Black Friday Weekend

By Peter Ricci Well, it’s here – after gorging on delicious helpings of turkey and potatoes on Thanksgiving, it’s now time to splurge on televisions, clothing, DVDs and various home furnishings on Black Friday, the official start of the

Creative Post-Thanksgiving Marketing Strategies

By Peter Ricci So, today is Thanksgiving, the notorious Turkey Day when we satisfy our prodigious appetites with turkey, stuffing, mashed potatoes, sweet potatoes, casseroles of the corn and green bean variety, and rolls – not to mention ice cream, pies,

2012 NAR Profile of Home Buyers and Sellers: Home Searching

By Peter Ricci Real estate has undergone a radical change in the last 15 years, but perhaps no area of the industry has changed more dramatically than that of how prospective homebuyers search for properties. What used to be

Builder Confidence Hits Six-Year High in NAHB Housing Market Index

By Peter Ricci The National Association of Home Builders/Wells Fargo Housing Market Index, the nation’s most reputable measure of homebuilder confidence, rose five points in November, increasing the overall index to 46, its highest point since May of 2006. The

2012 NAR Profile of Home Buyers and Sellers: Homebuyer Demographics

By Peter Ricci As a sales-based industry, real estate depends on clients, and as sales personnel, real estate agents benefit when they have a solid grasp of who those clients are and why they are interested in what they are

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