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Latest Realty News from NAR

Existing-Home Sales Subside 1.7 Percent in August

WASHINGTON (September 20, 2017) — Existing-home sales stumbled in August for the fourth time in five months as strained supply levels continue to subdue overall activity, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West.

Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, retreated 1... Read More

Student Debt Delaying Millennial Homeownership by 7 Years

WASHINGTON (September 18, 2017) – Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying.

This is according to a new joint study on millennial student loan debt released today by the National Association of Realtors® and nonprofit American Student Assistance®. The survey additionally revealed that student debt is holding back millennials from financial decisions and personal... Read More

Pam Patenaude Right Choice for HUD Deputy Secretary, Say Realtors®

WASHINGTON (September 14, 2017) – The U.S. Senate today approved the nomination of Pam Patenaude as deputy secretary at the Department of Housing and Urban Development. Following is a statement from NAR President William E. Brown on the vote:

“Pam Patenaude is the right choice for deputy secretary, and Realtors® are pleased to see her nomination win approval from the Senate.

“She has a big task ahead. Home prices continue to rise in an environment of ever-tightening mortgage credit, which means buyers are struggling to keep pace. That... Read More

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As a first time home buyer, the process of looking for my starter home seemed really daunting. Luckily, it was suggested that I call Bo Lance to be my realtor. Bo took care of everything! He was very informative, helpful, and hardworking. Bo made sure to be in contact with me whenever I needed him and answered any questions that I had. He took into consideration many things other realtors would have overlooked. I am so thankful for Bo Lance and the wonderful realtor he turned out to be for me. He really helped make my dreams of home ownership a reality! Thank you, Bo! Taylor Corley
I want to take this time to thank real estate agent Vernie Moore in the recent sale of my deceased mothers home in Lubbock, TX. I have had very little experience in getting a property ready, listing, and the sale of a house. I needed a lot of hand holding and education to get all the things done in a proper time and manner, agent Vernie Moore did all of that. If you are looking for a sincere and personable agent, Vernie Moore and his agency is the one you want. Thank you again, Vernie. Respectfully, Ann Ortt, Orange County, CA
This is my first time selling a property. It was a good one. Monty was always on the ball... Answered every question I had and was quick to respond whether I called or sent an email. He kept me up to speed on the process and I appreciate that in business. So thanks to M. Edwards, Realtors for making this a good experience! Kory Koontz, 19-time National Finals Rodeo Qualifier, TX
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DISCLAIMER:  All property information contained herein is furnished by the owner, or from sources deemed reliable to the best of their knowledge.  It is not guaranteed, and M.Edwards makes no representation, guarantee, or warranty, expressed or implied; nor do we assume any legal liability for its accuracy.  All offerings are subject to change  in price, errors, omissions, prior sales, and/or withdrawal without notice.  Purchaser is solely responsible for verification and all necessary due diligence that may be necessary or required for purchaser’s intended use of subject property.  In accordance with the law, all properties are offered without regard to race, color, gender, creed, national origin,  familial status, or handicap.
NOTE:  The square footage of home and buildings, lot sizes, acreage size, and all property dimensions are approximate; subject to verification by purchaser, and/or new survey.

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