Real Estate News

Latest Realty News from NAR

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

Pending Home Sales Recover in June, Grow 1.5 Percent

WASHINGTON (July 31, 2017) — After declining for three straight months, pending home sales reversed course in June as all major regions, except for the Midwest, saw an increase in contract activity, according to the National Association of Realtors®.

The Pending Home Sales Index*www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, climbed 1.5 percent to 110.2 in June from an upwardly revised 108.6 in May. At 0.5 percent, the index last month increased annually... Read More

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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Eric T Chu - SC Realty

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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Eric T Chu - SC Realty is a full-service real estate and property management agent.  He has extensive experience on Oahu advising both first-time home buyers/sellers and those looking to invest in property and on the search for a responsive and trustworthy property management partner. 

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Disclosure of Material Connection:  Some of the links in the posts we maintain on this website are links to external websites.  This means, if you click on the link and go to another site, we are not responsible for loss or damages incurred.  We only link to or recommend material we use personally and believe will add value to our readers.  We are disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising."  Note that factual information is sourced from MLS around the time of our site updates and blog postings and is considered to be reliable as available but not guaranteed.  Images used on this website are sourced from my personal Eric T Chu - SC Realty Archives or Pixabay (free for commercial use with no attribution required).

 

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