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Mar-a-Lago is a resort and National Historic Landmark in Palm Beach, Florida, owned by former president Donald Trump. It was built in 1924-1927 by heiress Marjorie Merriweather Post and has 126 rooms on 17 acres of land.
NAR is a trade association for real estate professionals in the U.S. with over 1.5 million members. It sets policies for MLS systems, regulates ethics, and lobbies for the industry.
Realtor.com is a popular website for finding and selling properties in the United States and other countries. It is owned by News Corp and licensed by the National Association of Realtors, and offers various features and services for agents, brokers, and buyers.
The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, fell 5.5% last month to 70.2, the lowest reading since the series started in 2001.
The median sales price was $315,000 in July, up 50% from $210,000 in July 2020, per the Florida Realtors. Only 1.1% of Florida homeowners owe more than their home is worth.
A multiple listing service (MLS) is an organization that real estate brokers use to share information and compensation for properties. Learn about the origin, purpose, benefits, limitations and criticisms of MLS systems in different countries and regions.
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