Category: Real Estate

Affordability, Tight Supply Cause Vacation Home Sales to Plummet in 2016; Investment Sales Climb 4.5%

Last year’s strongest pace of home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors, according to an annual second-home survey released today by the National Association of Realtors®. The survey additionally found that vacation and investment buyers in 2016...

Texas homebuyers broaden in diversity, household composition while affordability challenges grow

A new Texas Homebuyers and Sellers Report released today by the Texas Association of Realtors revealed growing diversity in the household composition and ethnicity of Texas homeowners as well as rising housing affordability challenges across the state. “The profile of Texas homebuyers is as diverse as Texas itself, continually broadening...

World Famous Hobbit House for Sale

It seems with 4′ of snow, bitter cold and his ale cellar flooding, Bilbo is calling it quits and putting the Shire up for sale. This is not a backyard playhouse or a pre-fab unit but the real thing featured on HGTV, MTV, and the Discovery Channel, with a write-up...

Majority of Realtors® Say Clients interested in Sustainability

Growing consumer interest and demand for greener, more sustainable properties is driving a dialogue between Realtors® and homebuyers and sellers. Over half of Realtors® find that consumers have interest in real estate sustainability issues and practices, according to the National Association of Realtors®’ recent REALTORS® and Sustainability report. The report,...

Real Estate Market Showing Support Despite Interest Rate Hikes

The U.S housing market remains strong despite the Federal Reserve’s decision to raise interest rate in March for the third time since December 2015. According to the National Association of Realtors (NAR), the Pending Home Sales Index, a leading indicator of future existing home sales, rose by 5.5 percent in...