CHECK OUT NEW RESEARCH REPORTS

If knowledge is power, arm yourself with useful information from NAR’s Research division. Industry analysts have just released three new projects that focus on state and local markets, which are available only to Realtor members.

Before you can access these reports, you must log onto the password-protected area of NAR’s www.realtor.org Web site. If you find you’re having trouble with your NRDS ID, here’s a link that should help: https://reg.realtor.org/roreg.nsf/retrieveID?OpenForm.

The first report concerns state mortgage conditions, examining the current level of subprime exposure and its impact on foreclosure activity by state. To find out more, go to http://go-to.realtor.org/r/XTDRUV/3ODWO/TKT1U/85M7J/77CXT/KI/h.

The second report outlines the total economic impact of real estate related industries on the state’s economy, and the economic boost resulting from a single home sale, including things like home construction costs, real estate brokerage, mortgage lending and title insurance. To find out more about Florida, go to http://go-to.realtor.org/r/XTDRUV/3ODWO/TKT1U/85M7J/4265L/KI/h.

The third report takes a look at homeownership wealth gains in 154 metro areas by creating a snapshot of the home equity that individuals who purchased a home at the median price 5, 10, 15 and 20 years ago would have built up if they had kept that home through 2007. To find out more, go to http://go-to.realtor.org/r/XTDRUV/3ODWO/TKT1U/85M7J/MREUX/KI/h.

Questions, comments or suggestions on this article? Have a news tip? Send a letter to the editor to: Newseditor@floridarealtors.org.