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Latest Realty News from NAR

Technology, Inventory and Competition Among Firms’ Top Challenges: Realtors® Survey

WASHINGTON (August 22, 2017) – Keeping up with technology, maintaining sufficient inventory, competition from nontraditional participants and profitability are among the biggest challenges for real estate firms,  according to the National Association of Realtors® 2017 Profile of Real Estate Firms.

Conversely, for a third year in a row, the survey found the vast majority of firms have an optimistic outlook for the future of the industry’s growth. Although expectations have slightly... Read More

Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly report by the National Association of Realtors®.

The national median existing single-family home price in the second quarter was $255,600, which is up 6.2 percent from the second quarter of 2016 ($240,700) and surpasses the third quarter of last year ($241,300... Read More

Realtors® Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in Sales Transaction Volume

WASHINGTON (August 2, 2017) – Commercial real estate markets continue to improve, with Realtors® specializing in commercial real estate reporting both an increase in member’s gross income and sales volume, according to the National Association of Realtors® 2017 Commercial Member Profile.

The annual study's results represent Realtors®, members of NAR, who conduct all or part of their business in commercial sales, leasing, brokerage and development for land, office and... Read More

©2017 NORIS.All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than Remax Preferred Associates are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information provided is for consumer's personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Remax Preferred Associates does not display the entire NORIS database on this website. The listings of some real estate broker age firms have been excluded. IDX data is deemed reliable but is not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-08-23

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Jeff Bockrath

Phone: 419-704-7373
jeff@jeffbockrath.com

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Jeff Bockrath | Remax Preferred Associates | Phone: 419-704-7373  | Email Me
3306 Executive Pkwy. #101 Toledo, OH 4360