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Latest Realty News from NAR

Existing-Home Sales Slip 2.3 Percent in April; Days on Market Falls to Under a Month

WASHINGTON (May 24, 2017) — Stubbornly low supply levels held down existing-home sales in April and also pushed the median number of days a home was on the market to a new low of 29 days, according to the National Association of Realtors®.

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, dipped 2.3 percent to a seasonally adjusted annual rate of 5.57 million in April from... Read More

Foreign Buyers and Immigration Expected to Drive Future Demand for U.S. Housing

WASHINGTON (May 19, 2017) – U.S. real estate markets are increasingly becoming international, and changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices. That’s according to speakers at an international real estate forum organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies session here at the 2017 REALTORS® Legislative Meetings & Trade Expo.

NAR’s Danielle Hale, managing director... Read More

Realtors® Have a Positive Outlook for Commercial Markets in 2017

WASHINGTON (May 19, 2017) – While challenges face commercial real estate markets, Realtors® specializing in the sector should have confidence that growth will continue. That’s according to speakers at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.

NAR Chief Economist Lawrence Yun led a panel discussion about the economic forces shaping commercial real estate markets; the panelists agreed that the market has improved and that continued growth in the economy... Read More

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We recently purchased a home in Lubbock Texas near Texas Tech University. We used Terry Manz as our realtor. We live in Houston, about 500 miles away. He took care of everything for us. He is extremely knowledgable about the property values in the Tech Terrace area. He was always quick to respond either by phone, text, or email. We purchased our home at a competetive price (much lower than asking) considering the condition of the home. Without his expertice and advice we would have paid too much. The closing went smoothly--he handled all of the paperwork for us. We plan to buy another home in Lubbock as an investment and when we do, Terry Manz will be the onlly realtor we will call. user152976
About 6 years ago we were looking to down size and we heard about Terry from a friend. He was very responsive to our needs and did NOT give us any LESS attention because we were looking for a home in a certain price range. After months of searching and showing he found us the perfect home in the perfect neighborhood! He got us a very fair price for the home and always kept our best interest in mind while negotiating. I highly recommend him to be on either side of the buying or selling of your house! user81488652
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