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Real Estate News

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

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Lorri Loggins Smith, REALTOR®
Broker #0505349, Partner/Owner

2104 W Grande Blvd, Suite 100
Tyler, TX 75703
Phone: 903 571-8033
Email: Lorri@LorriLoggins.com

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Testimonials

"I am very glad to have been referred to Lorri Loggins Smith.This is the first move of this size that I have made on my own and from a distance of 16 hours. Lorri went out of her way to accommodate someone coming from out of state. Good patient explanations of business around the purchase of property. Helpful showing properties that fit my criteria, describing neighborhoods, pros and cons, costs. Reminders of upcoming deadlines were useful. She was very encouraging and welcoming and made the whole experience the best it could be. " Kathy Burns, Tyler, TX
"Lorri was so attentive to details and always had my interests at heart. Lorri made this purchase pleasurable and enjoyable!" Sharon Howell, Tyler, Texas
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