Tracking Single-family Home Prices at Inaugurations since 1969

Presidents always promise their version of change once they enter office. One thing that has definitely changed in the past five decades is home prices. NAR began collecting existing-home sales and price data back in 1968. In those 49...

Instant Reaction: December Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on December residential construction: “Let’s hope the rising trend in new home construction continues throughout 2017. As evidenced by the brisk pace of...

Predicting the Winner of Super Bowl LI

The second round of the NFL playoffs kicks off this weekend with some very intriguing match-ups. Last fall we looked at who would be the World Series champion if the winner was determined based on the home price movements of...

Friday the 13th and Other Superstitions

Friday the 13th is generally considered one of the unluckiest days in western culture. In fact, the Stress Management Center and Phobia Institute estimates that $700 million to $800 million is lost in business revenue as so many people...
January 13, 2017

NAR Issues Letter of Support for Dr. Ben Carson as HUD Secretary

Change is coming to the Department of Housing and Urban Development, and the National Association of Realtors® is making its voice heard. The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing this week to consider...

FHA Cuts Mortgage Insurance Premium for First Time Since January 2015

For homebuyers looking to get a mortgage backed by the Federal Housing Administration, things are about to get easier – and less expensive. The FHA announced today that they are cutting their annual mortgage insurance premium from .85 percent...

Instant Reaction: December Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s December jobs report from the U.S. Bureau of Labor Statistics. 156,000 jobs were created last month and wages meaningfully increased 2.9 percent year-over-year. “The top figure of net...

Story Idea: Selling in Winter

Selling a home during the winter months can be an overwhelming undertaking. For most families the holidays are already a stressful time of year, so adding a house sale to the mix is an intimidating prospect. However, there are...
January 5, 2017

Smart Home Products You Haven’t Heard of Yet

Smart home technology has become increasingly popular with homeowners since the advent of the smartphone. In fact,  according to the National Association of REALTOR®‘s 2016 Smart Homes and REALTORS® report, REALTORS® expect this trend to grow and continue with...
January 3, 2017

Lawrence Yun on Housing and the Economy in 2017

It’s hard to believe 2016 is coming to an end. Three things rose over the past year: mortgage rates, existing-home sales and home prices. What’s in store for 2017? Watch my discussion from earlier this week with NAR Chief...
December 29, 2016