Items Tagged with 'National Association of Realtors'

ARTICLES

  • Mortgage debt or student loans, what's weighing you down?

    Pittsburgh tops the list of cities where people owe more for their education than their homes
    Mortgage debt is traditionally the largest debt Americans hold, but student loans are steadily climbing higher on the list. A recent study by LendingTree seeks to uncover how mortgage debt stacks up against student loan debt, listing the cities where homeowners say the money they owe for their education exceeds the balance on their mortgage.
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  • Redfin: Supply of for-sale homes surge in the West

    San Jose experienced the largest year-over-year supply increase across U.S. metros
    Redfin reports after more than six years of tight supply and surging home prices, the third quarter of 2018 has been a critical moment for the housing market in many West Coast metro areas. Notably, San Jose experienced the largest year-over-year supply increase across the country.
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  • NAR: Pending home sales fall for eighth consecutive month

    Pending Home Sales Index falls 1.8% in August
    Pending home sales have now fallen on an annual basis for eight consecutive months as of August, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said that low inventory continues to contribute to the housing market slowdown.
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  • Existing home sales held steady in August

    Median existing home price increased, marking 78th straight month of year-over-year gains
    After falling for four consecutive months, existing home sales held its ground in August, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said that the decline in existing home sales appears to have hit a plateau with robust regional sales.
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  • News Corp’s Move acquiring Texas real estate startup Opcity for $210 million

    Company matches homebuyers and sellers with real estate agents
    Move, which is owned by media giant News Corp and operates Realtor.com for the National Association of Realtors, is about to grow its real estate empire by acquiring a Texas-based real estate technology startup that claims its technology can match qualified homebuyers and sellers with real estate agents in real-time. News Corp announced late Wednesday that Move is acquiring Opcity, which was founded in 2015, for $210 million.
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  • NFL player Mychal Kendricks accused of insider trading on News Corp’s acquisition of Move

    Former Browns linebacker admits to getting tips from former Goldman Sachs analyst
    Former Cleveland Browns linebacker Mychal Kendricks admitted Wednesday that he engaged in insider trading when he used privileged information from a former Goldman Sachs analyst to make a profit of nearly $280,000 when News Corp acquired Move back in 2014.
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  • NAR: Pending home sales fall for seventh consecutive month

    Pending home sales fall 0.7% in July
    Pending home sales have now fallen on an annual basis for seven consecutive months, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said sales are falling off last year’s pace because inadequate supply and strong job growth have pushed home prices to an unaffordable point for prospective buyers.
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  • Existing home sales crawl at slowest pace in two years

    Western region only major region to see uptick
    Existing home sales decreased for the fourth consecutive month in July, marking the slowest pace in growth during the last two years, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said the continuous solid gains in home prices have now steadily reduced homebuyer demand.
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  • Who uses a reverse mortgage to purchase a house?

    No one, really, even though it could be a retirement gamechanger
    A little-known reverse mortgage product lets older homebuyers use their equity to purchase a house. It could help older adults free up cash at a time in life when liquidity is especially important. Too bad no one's really heard of it.
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