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Latest Realty News from NAR

Technology, Inventory and Competition Among Firms’ Top Challenges: Realtors® Survey

WASHINGTON (August 22, 2017) – Keeping up with technology, maintaining sufficient inventory, competition from nontraditional participants and profitability are among the biggest challenges for real estate firms,  according to the National Association of Realtors® 2017 Profile of Real Estate Firms.

Conversely, for a third year in a row, the survey found the vast majority of firms have an optimistic outlook for the future of the industry’s growth. Although expectations have slightly... Read More

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

Information deemed reliable, but not guaranteed. The properties listed on this website are generated from the Broker Reciprocity Program of the MLS Exchange, Inc. Copyright 2017 MLS Exchange, Inc. All rights reserved.
Grand Rapids Association of REALTORS® MLS Exchange, Inc.

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Tim and Gina Todd
Target Realty Group

2180 44th Street SE #300
Grand Rapids, MI 49508
Phone: 616-291-1848
Email: TimTodd@grar.com


Tim and Gina Todd | Target Realty Group
616-291-1848 | TimTodd@grar.com
2180 44th Street SE #300 Grand Rapids, MI 49508
Copyright © 2017. Tim and Gina Todd, All Rights Reserved