July 2015 Newsletter

Realtors® Applaud CFPB's Proposed Extension of TRID Implementation

Source: realtor.org

National Association of Realtors® President Chris Polychron, executivebroker with 1st Choice Realty in Hot Springs, Ark., released the following statement in response to the Consumer Financial Protection Bureau’s announcement of a proposed two-month delay for the implementation of the new Truth in Lending Act and Real Estate Settlement Procedures ActIntegrated Disclosure, or TRID, regulation. Read more >>

Millennials getting more positive about homebuying

Source: housingwire.com

Millennials have become more positive when it comes to taking the plungeinto home ownership and are primed to gain market share in the second half of the year, according to the results of realtor.com’s consumer behavior surveyof more than 12,000 respondents conducted from Jan. 1, 2015 to June 15, 2015. Read more >>

May 2015 Existing Home Sales Robust — Up 9.2 Percent Year-Over-Year and 5.1 Percent Sequentially From April, Price Within 1 Percent of All-Time High

Source: Dr. Ted C. Jones

Existing home sales in May 2015 posted a solid 9.2 percent increase on a seasonally adjusted annualized rate (SAAR) compared to a year ago and rose 5.1 percent from April 2015 as first-time home buyers increased, reported the National Association of Realtors® (NAR). Read more >>

Gyvonne M. Garcia, J.D.

Primary Title Services, Inc.

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