Tag Archives: national association of realtors

Yun: ‘Flashing Yellow Lights on Affordability’

Posted on June 27, 2016 by Erin Johnston

Daily Real Estate News | Monday, June 27, 2016 The median price of an existing home reached a new record last month at $239,700. That price increase was primarily driven by repeat buyers trading up or downsizing from their current … Continue reading →

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FAA Finalizes Rule for Commercial Drones

Posted on June 22, 2016 by Erin Johnston

Daily Real Estate News | Wednesday, June 22, 2016 Using a drone to capture listing photos and videos or inspect properties is about to become significantly easier now that the federal government has finalized its long-awaited regulations over the commercial … Continue reading →

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The Best Choices for Pet-Friendly Flooring

Posted on June 20, 2016 by Erin Johnston

Daily Real Estate News | Monday, June 20, 2016 If you’re looking for pet-friendly flooring, you can’t go wrong with porcelain tile. A recent article from This Old House points out that not only is porcelain tile moisture-proof, it’s also … Continue reading →

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Average Time to Close: 45 Days

Posted on June 17, 2016 by Erin Johnston

Daily Real Estate News | Thursday, June 16, 2016 For home buyers financing a home purchase, they should expect about 45 days to close, according to the latest Origination Insight Report from Ellie Mae. Last month the average closing time … Continue reading →

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Defaulting HELOCs: A Growing Concern

Posted on June 9, 2016 by Erin Johnston

Daily Real Estate News | Thursday, June 09, 2016 In 2004, millions of home owners tapped into the equity of their homes through home equity lines of credit. Their 10-year grace periods are now done and they’ve had to start … Continue reading →

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Plan a Backyard Retreat in 5 Steps

Posted on June 3, 2016 by Erin Johnston

Daily Real Estate News | Friday, June 03, 2016 Don’t leave a patio or backyard as a blank canvas. You can transform any outdoor space – from big or small – into an inviting and usable outdoor living area. Alec … Continue reading →

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7 Things You Should Paint Instead of Replace to Save Money

Posted on May 23, 2016 by Erin Johnston

Paint isn’t just for walls. Here’s how to breathe new life into old stuff. You know a fresh coat of paint can give any room a quick and inexpensive facelift. But did you know that a little paint can also … Continue reading →

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Mortgage Rates Drop to 3-Year Lows

Posted on May 16, 2016 by Erin Johnston

Daily Real Estate News | Monday, May 16, 2016 The 30-year fixed-rate mortgage averaged 3.57 percent in the most recent week, the lowest average in three years, Freddie Mac reports in its weekly mortgage market survey. “Disappointing April employment data … Continue reading →

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Rental Costs Eat Up 70% of Your Income Here

Posted on May 13, 2016 by Erin Johnston

Daily Real Estate News | Thursday, May 12, 2016 Soaring rental costs are taking a big dent out of some renters’ paychecks, and creating hardships for entry-level employees in particular. In New York City, the average entry-level employee earns $47,000 … Continue reading →

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