Instant Reaction: Q2 GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on Q2 GDP: “The second quarter GDP growth rate was still unimpressive despite doubling the pace from the first quarter. The latest 2.6%...

Instant Reaction: Q2 Homeownership Rate

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Census Bureau report on the homeownership rate in the second quarter: “The homeownership rate rose by a decimal point to 63.7% over the quarter, but there...

Story Idea – Homeowners Are Finally Ready to Sell

According to a new survey from the National Association of REALTORS®, 71 percent of Americans believe that now is a good time to sell their home. This is an increase from 69 percent last quarter and 61 percent last...
July 25, 2017

An Early Summer Cooldown for Housing

The 1.8 percent decline in existing-home sales in June should come as no surprise if you closely follow NAR’s Pending Home Sales Index, which have declined for three straight months. Activity has been weaker lately because prospective buyers continue...

Net Neutrality Action Puts Real Estate Technology in Focus

In 1981, 22 percent of home buyers relied on advertisements in the newspaper to find their dream home, while 8 percent turned to a friend for word-of-mouth information. Since then, lots has changed. According to recent survey data from...

Instant Reaction: June Housing Starts

Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report of a June rebound in housing starts: “Though a recovery in housing starts in June is welcome news, more consistent gains are needed to help...

Taking America’s Pulse on Homeownership

We can all agree that the American Dream of homeownership is a sentiment that Americans have held for generations.  It is to no surprise that the vast majority of people see owning a home as the best way to...

Story Idea – Common Mistakes Homeowners Make With Good Intentions

New homeowners always have the best intentions when it comes to taking care of their house. However, no one is knows all the ins and outs of maintaining a home right off the bat, so avoidable mistakes are often...
July 13, 2017

Bringing the Heat: the MLB All-Star Game and Miami’s Housing Market

Baseball’s best stars gather at Marlins Park in Miami tonight for the 88th MLB All-Star Game. Similar to the heat coming out of pitchers’ hands and off the bats of the game’s best hitters, Miami’s housing market is hot right now....

CFPB ‘Know Before You Owe’ Announcement May Offer Relief for Agents on Disclosure Sharing

In an update to the “Know Before You Owe” mortgage rule, the Consumer Financial Protection Bureau stated clearly that it is “usual, accepted, and appropriate” for real estate agents and brokers to have access to the Closing Disclosure. The...