national association of realtors

Realtors® Commend Supreme Court Decision Promoting Fairness Between Online, Main Street Businesses

WASHINGTON/ June 22, 2018 (STLRealEstate.News) — The Supreme Court today announced its decision in the case of South Dakota v. Wayfair, Inc., holding that states have the right to require online sellers to collect and remit sales tax. The court upheld a South Dakota law that applies to retailers that engage in 200 or more … Continue reading Realtors® Commend Supreme Court Decision Promoting Fairness Between Online, Main Street Businesses

HOME Survey: Housing and Economic Outlook Remains Steady in Second Quarter of 2018

WASHINGTON/ June 21, 2018 (STLRealEstate.News) — New findings from the National Association of Realtors® show that a high number of Americans, 75 percent, believe that now is a good time to sell a house, while 68 percent think it is a good time to buy. That’s according to NAR’s second quarter Housing Opportunities and Market … Continue reading HOME Survey: Housing and Economic Outlook Remains Steady in Second Quarter of 2018

Fla. Housing Market: Sales, Median Prices, New Listings Up in May 2018

ORLANDO, Fla./ June 20, 2018 (STLRealEstate.News) — In May, Florida’s housing market reported more sales, higher median prices and more new listings from owners ready to sell, according to the latest housing data released by Florida Realtors®. “Strong demand from buyers, coupled with a lack of for-sale inventory, continues to have an impact on rising … Continue reading Fla. Housing Market: Sales, Median Prices, New Listings Up in May 2018

Existing-Home Sales Backpedal, Decrease 0.4 Percent in May

WASHINGTON/ June 20, 2018 (STLRealEstate.News) — Existing-home sales fell back for the second straight month in May, as only the Northeast region saw an uptick in activity, according to the National Association of Realtors®. Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 0.4 percent to a … Continue reading Existing-Home Sales Backpedal, Decrease 0.4 Percent in May

US home sales fell 0.4 percent in May amid inventory crunch

WASHINGTON/June 20, 2018 (AP)(STLRealEstate.News) — U.S. existing home sales slipped 0.4 percent in May, as the prolonged shortage of properties on the market is deterring home-buying. The National Association of Realtors said Wednesday that homes sold at a seasonally adjusted annual pace of 5.43 million in May, the second straight monthly decline. Sales have tumbled … Continue reading US home sales fell 0.4 percent in May amid inventory crunch

NAR Applauds Rule Making Realtors® Eligible to Participate in Association Health Plans

WASHINGTON/ June 19, 2018 (STLRealEstate.News) — The U.S Department of Labor today finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered coverage through a spouse, … Continue reading NAR Applauds Rule Making Realtors® Eligible to Participate in Association Health Plans

Builder optimism fades with potential trade war looming

NEW YORK/June 18, 2018 (AP)(STLRealEstate.News) — The threat of a trade war with Canada has taken a toll on the confidence of U.S. homebuilders, according to index released Monday. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell two points to 68 in June. A reading of 70 in May temporarily … Continue reading Builder optimism fades with potential trade war looming

This Week: Oracle results; May home sales; Philly Fed survey

June 18, 2018 (AP)(STLRealEstate.News) — A look at some of the key business events and economic indicators upcoming this week: SEEKING OUT THE ORACLE Silicon Valley software giant Oracle will report its fourth-quarter results on Tuesday. Oracle makes database-intensive software platforms for large companies, and is the second-largest software developer in the world behind Microsoft. … Continue reading This Week: Oracle results; May home sales; Philly Fed survey