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Real Estate News!!!

Latest Realty News from NAR

Existing-Home Sales Retreat 1.8 Percent in June

WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an increase in sales last month.

Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 1.8 percent to a seasonally adjusted... Read More

Realtors®, House Financial Services Committee Reach Agreement to Move Key Flood Insurance Legislation Forward

WASHINGTON (July 20, 2017) – The National Association of Realtors® today said that significant improvements to the “21st Century Flood Reform Act,” key legislation aimed at strengthening and reauthorizing the National Flood Insurance Program, have cleared the way for endorsement of the bill. Among the changes, Realtors® support the House Financial Services Committee’s commitment to retaining “grandfathering” – a policy that protects homeowners from... Read More

Foreign U.S. Home Sales Dollar Volume Surges 49 Percent to Record $153 Billion

WASHINGTON (July 18, 2017) – Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated.

This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors ®, which also revealed that nearly half of all foreign sales were in three states: Florida, California and Texas.

NAR’s 2017 Profile of International... Read More

84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern

WASHINGTON (July 12, 2017) — According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans.

The survey, www.nar.realtor/reports/housing-pulse-surveys, measures consumers’ attitudes and... Read More

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Lubbock Testimonials

I started looking for a house to buy earlier this year. I found Ruben randomly though the internet and I'm so thankful I did. He really worked hard for me to find the perfect house. He listened to my needs in a home and spent countless hours looking for properties for me. I was also very active in my search and I felt Ruben was always available if I had questions or needed to talk to him. When I found the perfect home he went out of his way getting the inspection done even though the previous owners disconnected the water and power. He made sure we met all of our deadlines for closing and really made the whole process easy. I can now say Ruben is not just my realtor but also my friend. C Kersey
Ruben was so knowledgable to us. We needed to sell our home quickly and stress free and Ruben was amazing. He sold our home in record time and with ease. He also helped guide us through the process. I would recommend Ruben to all of my friends and family. user984507
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