Existing-home sales in October were at a pace not seen since summer, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.48 million, a 2.0 percent increase from September but a 0.9 percent decrease from one year prior. Inventory decreased 3.2 percent to 1.80 million, 10.4 percent below one year prior.
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House Passage of Flood Bill Critical Step Toward Re-authorization Reform
With less than a month left before the National Flood Insurance Program expires, the National Association of Realtors® is applauding the House of Representatives for passing what NAR believes is smart, much-needed support for the program.
TECH TIPS
4 Simple SEO Tips for Real Estate Websites
Your site should play a vital role in assisting clients as they begin the buying or selling journey. For 44% of buyers, the first step taken in the home search is to look at properties for sale online, according to the National Association of REALTORS®' 2016 survey. The report also reveals that 86% of buyers found websites to be the most useful source of information while purchasing a home.
GLOBAL PERSPECTIVES
5 Steps to Start Working Globally
Global business is everywhere, even in the smallest or most remote pockets. In some cases, those small and remote towns are exactly what foreign buyers are looking for. Consider Buford, Wyoming, population 1. It was sold in 2013 to a Vietnamese owner for $900,000. That's not exactly a luxury resort property in a cosmopolitan coastal town, but it's a real purchase by a real international buyer - with an impressive price tag!
