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Eighty-two percent of Realtors® donate money to charitable causes every year, compared to the national average of 56.6 percent of Americans who do so.
Pending home sales decreased 2.6 percent in October. NAR chief economist Lawrence Yun attributes the recent rise in mortgage rates to the reduction in eligible homebuyers.
The national conforming loan limit for 2019 will rise 6.9 percent from $453,100 to $484,350. The high-cost limit will rise from $679,650 to $726,525.
Existing-home sales increased in October after six straight months of decreases.
Commercial real estate markets are on the rise, with Realtors® specializing in commercial real estate reporting both an increase in members’ gross income and sales volume.