Housing Supply Overview Inventory is gradually starting to improve in many pockets across the country, including in several markets that are showing year-over-year percentage increases. Listings tend to improve immediately after a new year, but this national increase also has to do with fewer sales. For the 12-month period spanning February 2018 through January 2019, Pending Sales in the… Read more »
Read MoreCode of Ethics 2.5 Course Number: CEE 2675 Cost: $35 Credit Hours: 2 Hours CE Elective/ NAR Code of Ethics Date: December 6, 2018 – 9:00-11:30 This course is designed to meet two requirements for 2018: NAR’s requirement of 2.5 hours of ethics training as well as the need for a 2-hour continuing education course to… Read more »
Read MoreHousing Supply Overview Although every community is different, a general analysis of all housing markets across the country reveals that housing inventory is slowly moving toward balance with year-ago levels. This is the first indication in years that we may be approaching an inventory bottom. For the 12-month period spanning November 2017 through October 2018, Pending Sales in the Western… Read more »
Read MoreMatrix Training from A to Z Whether you are new to the MLS, having difficulty with the MLS system, or just need a refresher, this class is for you! This course will show agents how to: Search Email Print Set up Auto-Emails Input and Maintain Listings Much More! Code of Ethics 2.5 Course Number:… Read more »
Read MoreHousing Supply Overview According to a recent study by Fannie Mae, 24 percent of Americans feel that now is a good time to buy a house. That number was 54 percent five years ago. Feelings change rapidly when incomes do not match well with home prices and frustration sets in. For the 12-month period spanning October 2017 through… Read more »
Read MoreWe need your help! The Senate Finance Committee met Wednesday, September 26, 2018 to adopt legislation on tax conformity. The full Senate will convene into special session on Tuesday, October 02, 2018 to take up this important legislation. Conformity on the state level to the changes under the new federal law (Tax Cuts and Jobs… Read more »
Read MoreHousing Supply Overview The potential of an affordability conundrum has veered into the national spotlight, as household wages struggle to keep pace with home price increases. Yet it is ill-advised to predict a heavy shift toward fewer sales and lower prices. Consumers have learned a lot in the last decade. For the 12-month period spanning September 2017 through… Read more »
Read MoreHousing Supply Overview There are beginning to be hints of more supply in several markets across the country, coupled with a slowdown in total sales. These factors could potentially slow the long-standing trend of year-over-year median sales price increases. For the 12-month period spanning August 2017 through July 2018, Pending Sales in the Western Upstate region were down… Read more »
Read MoreHousing Supply Overview We are firmly within summer during an economically strong year in the U.S., thus real estate activity is busy. There are still generally more buyers than sellers in most price and housing style categories, so prices will continue to rise until that situation changes. For the 12-month period spanning July 2017 through June 2018, Pending Sales… Read more »
Read MoreThe National Flood Insurance Program (NFIP) will expire on July 31, denying necessary insurance coverage to homeowners and buyers in more than 20,000 communities nationwide. Congress must act now to reform and extend the NFIP. Take action by urging Congress to extend the NFIP and pass meaningful reforms to… Read more »
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