Realtors® continue to use technology to keep in touch with their clients and build business. NAR’s Center for Realtor® Technology recently released a survey detailing just how Realtors® stay connected.
According to NAR’s latest metro price report, affordability conditions are improving in housing markets across the country. This trend is bolstered by softer existing-home prices coupled with record low interest rates.
As the presidential primaries continue across the country, it’s important that homeownership remain part of the national dialogue.
HouseLogic.com is launching a new sweepstakes for its readers with a chance to win a $100 Visa gift card. From January 23 through February 19 visitors to HouseLogic will have the opportunity to leave a comment on a featured blog focusing on a do-it-yourself, water-saving bathroom makeover.
Rents are rising across the country. NAR research shows rents have been rising at a progressively stronger rate in recent years and projects they will rise another 3.5 percent in 2012. Vacancy rates have been trending down gradually and currently rest at 5 percent and that percentage is expected to fall even further in 2012 as demands for rent increase. Historically, 5 percent is seen as a “landlord’s market.”
A recent Federal Reserve Board white paper, The U.S. Housing Market: Current Conditions and Policy Considerations, concluded that stabilizing and restoring the health of the housing market is critical to a broader economic recovery.