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2016 existing-home sales are expected to rise moderately in a balance between pent-up buyer demand, higher prices, and meager economic growth.
Pending home sales slightly declined for the third time in four months as buyers battle rising home prices and limited homes available for sale.
Existing-home sales dropped to the slowest pace in 19 months. Some of the decrease possibly because of an apparent rise in closing timeframes.
The legislation, which supports homeowners and real estate investment, was passed by Congress and will be signed into law by the President.
Mortgage Debt Cancellation Relief, Energy Efficiency and Climate Change, Internet Tax Moratorium, Internet Sales Tax Fairness, Government-Sponsored Enterprises GSEs, Basel Capital Standards, Clean Water Act, Rural Housing Programs, Private Property Rights and Eminent Domain, Foreign Investment in Real Property Tax Act (FIRPTA), National Flood Insurance Program
Half of surveyed households believe the economy is improving, and nearly all young renters eventually want to buy a home.
Homeowners often make improvements, both big and small, to their homes that can help yield positive results and garner top dollar from buyers.
The National Association of REALTORS® has joined forces with Boys & Girls Clubs of America in an effort to strengthen communities and support the country’s youth.
The conference agreement for a multi-year surface transportation authorization was released in Congress this week.
Pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines.
Job growth and improving credit conditions will likely keep commercial real estate activity growing, but property prices may cool in some markets.