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Realtors® Highlight Flood Insurance Concerns as House Committee Finalizes Key Markup

WASHINGTON (June 21, 2017) – The House Financial Services Committee today concluded a markup on multiple pieces of legislation to reauthorize and reform the National Flood Insurance Program. Following is a statement from National Association of Realtors ® President William E. Brown:

“Congress has less than four months to reform and reauthorize the critical National Flood Insurance Program. NAR is pleased that Congress is addressing the issue.

“NAR supports six of the seven bills that... Read More

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for 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... Read More

5 Root Causes for U.S.’s Depressed Homeownership Rate: New Study

BERKELEY, Calif., (June 9, 2017) – Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50-year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages.

That’s according to findings of a new white paper titled, “Hurdles to Homeownership: Understanding the Barriers” released today in recognition of National Homeownership Month at the National Association of... Read More

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The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated 2017-06-22.

Paul Mausteller
RE/MAX Shoreline

100 Market St, Suite 200
Portsmouth, NH 03801
Phone: 603-501-3812
Main office:603-431-1111 Ext 812
Cell:603-608-8097
Fax:631-822-2243
 

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