Walkable neighborhoods are more popular among consumers than ever. According to a new study conducted by the Brookings Institution, people prefer to live in communities that allow them to walk to shops, parks and other destinations and will pay more for a home that allows them to do just that.
The home search process can be exciting and extensive as buyers take steps toward investing in their futures. The length of time it takes to find that special home varies from buyer to buyer, but on average the search takes about 12 weeks, according to the National Association of Realtors® 2011 Profile of Home Buyers and Sellers.
Many families look forward to the arrival of summer and summer vacations. While the warm weather, the packing away of winter clothes and the anticipation of a getaway destination can be exciting, it’s important to remember to take the necessary safety precautions to protect your home while away.
Small businesses are an integral component of a thriving national economy. But according to NAR’s annual Commercial Real Estate 2012 Lending Survey, the lending environment is tightening for those businesses and hindering a commercial real estate recovery.
In yet another strong signal the housing market is on the way to recovery, the 2012 NAR Member Profile shows Realtor® income and business is growing after years of decline. The median income for Realtors® grew 2.3 percent to $34,900 in 2011, the first overall gain in nine years.
On May 31, 2012, the National Flood Insurance Program is once again set to expire. Since 2008, the NFIP has been extended 17 times, and allowed to expire twice.