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Latest Realty News from NAR

Existing-Home Sales Grow 1.8 Percent in May; Highest Pace in Over Nine Years

WASHINGTON (June 22, 2016) — Existing-home sales sprang ahead in May to their highest pace in almost a decade, while the uptick in demand this spring amidst lagging supply levels pushed the median sales price to an all-time high, according to the National Association of Realtors®. All major regions except for the Midwest saw strong sales increases last month.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and... Read More

Commercial Drone Use Set to Take Flight with Release of FAA Rule

WASHINGTON (June 21, 2016) — Commercial drone use in the real estate business got a boost today with the release of the Federal Aviation Administration's final rule governing small unmanned aerial systems, or UASs, in the national air space.

Drones are increasingly being used in commercial applications, but federal regulations have required commercial drone operators to apply for a "Section 333" waiver from the FAA before they can fly. Over 5,000 waivers were issued to commercial... Read More

71 Percent Believe Student Debt Delays Homeownership

NAR Chief Economist Lawrence Yun and NAR 2016 Vice President Sherri Meadows

WASHINGTON (June 13, 2016) — Seventy-one percent of non-homeowners repaying their student loans on time believe their debt is stymieing their ability to purchase a home, and slightly over half of all borrowers say they expect to be delayed from buying by more than five years.

This is according to a new joint survey on student loan debt and housing released today by the National Association of Realtors® and SALT®, a consumer literacy program provided by nonprofit American Student... Read More

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C21 Realty Solutions Greatland Branch
Century 21 Realty Solutions
11411 Old Glenn Hwy
Eagle River, AK 99577
Phone: 907.694.6400
Email: eagleriverstaff@century21.com

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FOR MORE EAGLE RIVER, AK INFORMATION
CONTACT CENTURY 21 REALTY SOLUTIONS - GREATLAND BRANCH AT 907-694-6400

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