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Latest Realty News from NAR

Existing-Home Sales Subside 1.7 Percent in August

WASHINGTON (September 20, 2017) — Existing-home sales stumbled in August for the fourth time in five months as strained supply levels continue to subdue overall activity, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West.

Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, retreated 1... Read More

Student Debt Delaying Millennial Homeownership by 7 Years

WASHINGTON (September 18, 2017) – Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying.

This is according to a new joint study on millennial student loan debt released today by the National Association of Realtors® and nonprofit American Student Assistance®. The survey additionally revealed that student debt is holding back millennials from financial decisions and personal... Read More

Pam Patenaude Right Choice for HUD Deputy Secretary, Say Realtors®

WASHINGTON (September 14, 2017) – The U.S. Senate today approved the nomination of Pam Patenaude as deputy secretary at the Department of Housing and Urban Development. Following is a statement from NAR President William E. Brown on the vote:

“Pam Patenaude is the right choice for deputy secretary, and Realtors® are pleased to see her nomination win approval from the Senate.

“She has a big task ahead. Home prices continue to rise in an environment of ever-tightening mortgage credit, which means buyers are struggling to keep pace. That... Read More

Testimonials Page

Mike was a wizard with the details and having our best interest at heart. He is responsive, and his knowledge and expertise are invaluable. As a builder, we have used Mike in 4 sales and 3 purchases of real estate so far and will use him again. His demeanor is kind and gentle, and we feel confident in Mike's understanding, and negotiation skills, of the fine print. He is as attentive with small sales as he is the big ones. Mike is our real estate go-to guy and we would enthusiastically recommend him. Debbie & Curt
One of the best decisions we have made during the past year was the decision to list our house for sale with Mike Smith. Before meeting Mike, we truly believed that courteous, personal service was a thing of the past, particularly in the highly competitive "dog-eat-dog" world of real estate. We were truly amazed by the level of professionalism which Mike exhibited in listing our property. Mike worked tirelessly on our behalf, communicating with us on a regular basis and never failing to patiently explain each step of the marketing process. His knowledge of the real estate market is unsurpassed and is the type of knowledge that can be acquired only through many years of experience. Mike has continued to educate himself over the years and maintains a "state of the art" website which he is constantly striving to improve. We would wholeheartedly recommend Mike Smith to anyone who is interested in either buying or selling real estate. We are confident that anyone seeking his services would receive the very same extraordinary level of care and service that we have received. Richard & Nancy Prout
Now that our Cosmoledo house has closed and our life has become a bit calmer and simpler again, we just wanted to let you know how much we appreciated having your excellent services. While we can acknowledge that you were "just doing your job," we also know that there are many agents out there who would be receiving the same commission for considerably lesser services. We had very little experience with real estate buying/selling, so we realized many times during the process that your knowledge and advice was making a big difference for us. You stayed positive the whole time, and we never felt that you would suggest we accept an offer just to "get this over with." In a better market things would have been easier for you and for us, but in a difficult market we were fortunate to have your guidance. Evelyn and Peter Alford
I really appreciated Melissa's help in finding my home. My other experience's with a realtor had been irritable and argumentative. Working with you was a welcome change. Your thoughtfulness and calm nature made it much nicer to work with you. Buyer in Eugene, OR
I am relieved that the sale is over finally. I know you worked hard for this process; we all did. But we made it happen in spite of a bad real estate market. Thanks for the help with the remodel. I appreciate your honest, aggressive recommendations; that is what we needed for this market. I will recommend you to my friends with confidence. Keep up the good work. These kind of hard markets are made for aggressive agents like you. Luke
Thank you Mike, for all your help during this transaction. You made this process simple and easy. I have a respect for your professionalism and knowledge. Your attention to detail was very comforting and reassuring. Thank you for the excellent job you did for me. Terri Thiele
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