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Latest Realty News from NAR

Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly report by the National Association of Realtors®.

The national median existing single-family home price in the second quarter was $255,600, which is up 6.2 percent from the second quarter of 2016 ($240,700) and surpasses the third quarter of last year ($241,300... Read More

Realtors® Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in Sales Transaction Volume

WASHINGTON (August 2, 2017) – Commercial real estate markets continue to improve, with Realtors® specializing in commercial real estate reporting both an increase in member’s gross income and sales volume, according to the National Association of Realtors® 2017 Commercial Member Profile.

The annual study's results represent Realtors®, members of NAR, who conduct all or part of their business in commercial sales, leasing, brokerage and development for land, office and... Read More

Pending Home Sales Recover in June, Grow 1.5 Percent

WASHINGTON (July 31, 2017) — After declining for three straight months, pending home sales reversed course in June as all major regions, except for the Midwest, saw an increase in contract activity, according to the National Association of Realtors®.

The Pending Home Sales Index*www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, climbed 1.5 percent to 110.2 in June from an upwardly revised 108.6 in May. At 0.5 percent, the index last month increased annually... Read More

© 2017 Metrolist. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Sacramento Metrolist and the Broker Reciprocity Program.sm. Real estate listings held by brokerage firms other than NewVision Realty Group are marked with the BR logo and detailed information about them includes the name of the listing brokers. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-08-21. Terms of Usage Agreement

"V*" on the listing price means the seller is willing to entertain offers within the Listing Price range. The Listing price range a seller will consider is determined by the value in the Value Range Price field (the lowest price) and the Listing Price field (the highest price).

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Gary Meek BRE #01366388
Steve Hillier BRE #01179432
NewVision Realty Group
BRE #01966632

ROSEVILLE
951 Reserve Drive
Roseville, CA 95678
Phone: 916-995-9385 Gary
Phone: 916-224-6798 Steve
Fax: 916-676-8598

FOLSOM
2600 E Bidwell #140
Folsom, CA 95630
916-864-3503

GaryMeek@newvisionrg.com
Steve@NewVisionRG.com

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