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US Foreclosure activity drops as housing prices go up.

NAR: South sees bump in existing-home sales in January

by James McClister

Source: Miami Agent

 

The South saw a slight jump in existing-home sales in January, according to the National Association of Realtors. And so did most everywhere else.

 

“Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home,” said Lawrence Yun, NAR chief economist. “Market challenges remain, but the housing market is off to a prosperous start as homebuyers staved off inventory levels that are far from adequate and deteriorating affordability conditions.”

 

Across the South region, sales rose 3.6 percent from the same time last year. The West and Northeast regions both saw increases over 5 percent, and nationwide, sales hit a 10-year high in January after increasing 3.3 percent. The only place that didn’t see an increase was the Midwest, where sales fell 1.5 percent.

 

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How a better night’s sleep can boost an agent’s business

Source: Miami Agent

The benefits of a good night's rest are well known, but a new study finds it can literally translate to more money in your pocket.

 

The research, conducted by Matthew Gibson of Williams College and Jeffrey Shrader of the University of California at San Diego, found correlations between earnings and sleep. The researchers came to their conclusions by comparing sunset times across the country.

 

Earnings and sleep – a strong correlation

Gibson and Shrader used sunset times, they explained, because according to past research, people naturally sleep longer when the sun sets earlier. They found that on average, the weekly earnings of those with an earlier sunset (and an earlier sleep schedule) were $15.40 more than those with a later sunset.

 

The researchers also found that a one-hour increase in average weekly sleep increased wages by 1.3 percent in the short run, and 5 percent in the long run, meaning that just by simply moving to a new location with an earlier sunset, a worker could make an additional $1,570 a year.

 

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Cigars & Spirits

 

Date:Friday, March 03, 2017

Time:7:00:PM - 8:30:PM

Location: Back Lawn (Behind Cascade restaurant, on the golf course.)

 

Join us for another great cigar and spirits tasting, this time with an added bonus and a different location. This month's event will be sponsored by Davidoff Cigars and Bulleit Bourbon. The famous Bulleit Bourbon Woody will be on property to serve you in style! Don't miss this special opportunity to enjoy a Kentucky Bourbon-barrel aged tobacco with this delicious boubon for the ultimate pairing experience! RSVP Required. must be 21+ to attend. This event is weather permitting.

Fees and Restrictions:

Members: $30; General Public: $35

 

Visit Biltmore.com to RSVP

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