WASHINGTON (February 21, 2023) – Existing home sales fell for the twelfth straight month in January, according to the National Association of Realtors®. Month-over-month sales were mixed among the four major US regions, as the South and West registered increases, while the East and Midwest experienced declines. All regions recorded year-over-year declines. Total existing-home sales,1…
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Journal Club 02-10-23 – Passive Income MD
Here’s Journal Club 02-10-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! It’s no secret that many doctors have made hundreds or even thousands of dollars each year by taking paid medical surveys….
NGT imposes Rs 113 crore fine on Noida realtor, raps ED for delayed action | Noida News
NEW DELHI: The National Green Tribunal (NGT) has levied a fine of over Rs 113 crore against a Noida-based real estate firm in Noida for violating environmental laws. The Tribunal stated that the prolonged inaction by the Enforcement Directorate (ED) for over nine years fueled these breaches, and when the steps were finally taken, they…
Heated Bidding Wars Are Still Being Waged on This Type of Home
Homebuyers who are closely watching the correction in the real estate market might believe now is a good time to pounce. After all, homes are sitting on the market for longer, those maddening bidding wars have dried up, and wild offers over the asking price are things of the past, right? Well, not exactly. It…
Austin Realtor reacts to proposed Chinese home buyer tires
Photo Illustration: Lindsey Bailey/Axios. Photo: Courtesy of Rosalia Chiu We caught up with Rosalia Chiu, who has worked as a real estate agent in the Austin market for 21 years, to ask her about proposed legislation that would bar Chinese nationals from buying property in Texas. Born in Hong Kong, she moved to Austin in…
Tennessee Realtor Puts Forth Superhero Feat to Sell Charred Colonial
What makes someone a superhero? A cape? Superhuman strength? Extraordinary powers that make the impossible possible? I put it before you, my wonderful readers, that a newly created superhero exists and is a Tennessee Realtor. Move over Batman and Superman, Paula Duvall is in town and her cape is freshly pressed and she is ready…
New association president excited for realtors to do ‘our whole jobs again’
Stepping into a leadership role at any time is an adjustment and doing so on the heels of a changing real estate landscape offers its own set of complications. But Amy Layton, who took over as president of the Niagara Association of Realtors in December, understood what she was facing. The region’s real estate market…
‘Recession is underway’: Home builders expect single-family starts to fall further before recovering in the second half of this year
LAS VEGAS — Home builders are expecting a little more pain before business improves. While realtors believe that the housing market is on the mend, home builders are still cautious, with low demand and rising construction costs. Home builders are one of the key contributors to the housing supply. And they’re likely to be building…
Cullman-area home sales declined 35.1% year-over-year in December
Sales: According to the Cullman Association of Realtors, December residential sales decreased 35.1% year-over-year from 131 to 85 closed transactions. Following seasonal trends, sales increased 7.6% from November. Sales were down 12.6% in 2022. Two more resources for review: Quarterly Report and Annual Report. Inventory: Total homes listed for sale in December increased 51% year-over-year…
‘I think this would be a good movie’: Why a Georgia realtor was invited to play The Masters
CNN — To date, the closest Atlanta-based realtor Scott Stallings has ever been to Augusta National is a nearby Costco. Despite years of trying, he has never been able to get his hands on a ticket to watch the prestigious Masters tournament at the fabled course. As a golf fan from Georgia, attending the major…