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WASHINGTON (February 23, 2017) — Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast by Realtors® to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space. The... Read More
WASHINGTON (February 22, 2017) — Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All major regions except for the Midwest saw sales gains last month.
Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, expanded 3.3 percent to a seasonally adjusted annual rate of 5.69 million in... Read More
WASHINGTON (February 16, 2017) — Existing-home sales are forecast to expand 1.7 percent in 2017, but a new housing affordability model created jointly by the National Association of Realtors® and realtor.com®, a leading online real estate destination, operated by operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., suggests homebuyers at many income levels could see an inadequate amount of listings on the market within their price range in coming months.
Using data on mortgages 1, state-level income 2 and... Read More
I am a old retired Real Estate Broker from out of state. My real estate experience dates all the way back to the year 1958. It pains me to have to tell you that in all of those years I have met very few knowledgeable & honest real estate agents. Agents that truly know, understand, and apply ALL of the laws of 'Agency.' The National Association of Realtors, owners of the name 'Realtors', would like you to think that all of their members practice the code of ethics they advertize. In reality almost every realtor I have ever dealt with over all of those years had not the slightest bit of interest in the 'code of ethics' Money seemed to be their only real concern. Wayne is one of the very very few that I know is 100% ethical. How do I know? Because test after little test that I gave him, shouted it to me. I have both purchased & sold through him. If you were my son or daughter there is no one else I would trust you with. Good Luck in your adventures in real estate.
I just read 12 reviews that say it ALL. Wayne is the epitome of integrity, I just closed on a foreclosure yesterday....have been chasing that property since last Nov.. Wayne stuck by me all that time and last Nov. I closed on another property Wayne worked with me on. My house is on the market right now. There is so much about the real estate market I know nothing about. Haven't stumped Wayne Hemmerich yet. Yes, Wayne would is my choice...every time and all the time. He's the best of them all.