Monthly Archives: October 2017

REALTORS® Confidence Index Survey: September 2017 Highlights

The REALTORS® Confidence Index (RCI) survey[1]  gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from September 2017. View and download the full report here. Market Conditions and Expectations • The REALTORS® […]The REALTORS® Confidence Index (RCI) survey[1]  gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from September 2017. View and download the full report here. Market Conditions and Expectations • The REALTORS® […]
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Highlights from “Social Benefits of Homeownership and Stable Housing”

Highlights from the full article included in the latest volume of the Journal of the Center for Real Estate Studies.  Research has consistently shown the importance of the housing sector on the economy and the long-term social and financial benefits to individual homeowners. However, in recent years many have questioned the role of homeownership due […]Highlights from the full article included in the latest volume of the Journal of the Center for Real Estate Studies.  Research has consistently shown the importance of the housing sector on the economy and the long-term social and financial benefits to individual homeowners. However, in recent years many have questioned the role of homeownership due […]
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Eliminating Real Estate Tax Deductions, and The Typical Homeowner

The Effect of Eliminating the State and Local Real Estate Tax Deduction on a Typical Homeowner Undoubtedly, all eyes in Washington are focused on the “Big 6” and the release of the tax reform framework some weeks ago. Under this framework, standard deduction will be doubled while mortgage interest and charitable contributions will be the […]The Effect of Eliminating the State and Local Real Estate Tax Deduction on a Typical Homeowner Undoubtedly, all eyes in Washington are focused on the “Big 6” and the release of the tax reform framework some weeks ago. Under this framework, standard deduction will be doubled while mortgage interest and charitable contributions will be the […]
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September 2017 Existing Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this September rose modestly 0.7 percent from last month but slipped 1.5 percent from last year. September’s existing home sales reached 5.39 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $245,100 in September, up 4.2 […]NAR released a summary of existing-home sales data showing that housing market activity this September rose modestly 0.7 percent from last month but slipped 1.5 percent from last year. September’s existing home sales reached 5.39 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $245,100 in September, up 4.2 […]
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Homebuying Demand Continues to Outpace Supply in Many States in September 2017

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion […]In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion […]
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Fla.’s Irma-related insurance claims continue to mount

FEMA has approved 144,407 applications and provided $124.4M to repair damages to Fla. homes and businesses not covered by insurance. Irma insurance claims statewide amount to $4.2B in losses so far with 661,957 claims filed as of Monday.

FEMA has approved 144,407 applications and provided $124.4M to repair damages to Fla. homes and businesses not covered by insurance. Irma insurance claims statewide amount to $4.2B in losses so far with 661,957 claims filed as of Monday.

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