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Home | Tag Archives: National Association of Realtors

Tag Archives: National Association of Realtors

Distressed Properties Contribute to Low Average Market Time

The May 2017 Existing Home Sales Index was released Tuesday, showing that even though inventory is slightly on the rise compared to April 2017, median home prices are still increasing as well. Existing, unsold properties are coming off the market at record times, and foreclosures and short sales are contributing factors. Some industry professionals, however, wonder how long this trend will last.

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Post-Foreclosure Stress Disorder: Barriers Keeping Buyers from Market

U.S. homeownership rates have been at a 50-year low despite improving local job markets and historically low mortgage rates. A recent report said there are five main barriers preventing a large number of individuals from purchasing a home: post-foreclosure stress disorder, mortgage availability, the growing burden of student loan debt, single-family housing affordability, and single-family housing supply shortages. Industry professionals explain what needs to be done in order to reverse the problems at hand.

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Immigration’s Affect on the Housing Market

Immigration has a positive effect on the housing market according to speakers from a real estate conference reported on Friday. Sales activity and price will strengthen as the market becomes more saturated. Forecasts show that high immigrant sales activities will stem from five states.

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