Low Inventory Is Pushing Prices Up and Days on Market Down

Existing-homes rebounded nicely in May as more buyers navigated the headwinds of weaker affordability and limited listings in the affordable price range. It’s very evident that supply this spring severely lags demand in many parts of the country. It’s...

Realtors® extend support for 200 years of home history

The National Association of Realtors®, in partnership with the Smithsonian Institution, is helping keep alive the history of a house whose story is a snapshot of America itself. Since 2001, the National Association of Realtors® has sponsored the “Within...

Highlights from Lawrence Yun’s #NAREE17 Housing Forecast Presentation

The economic and housing forecast panel at the annual National Association of Real Estate Editors (NAREE) spring conference is always one of the most interesting and engaging sessions during the week. This year’s session in Denver did not disappoint....

Story Idea – National Homeownership Month

June is National Homeownership Month, a time to celebrate and promote the American Dream of owning a home.  REALTORS® know that homeownership is the best investment an individual can make to build their personal wealth, however, owning a home is...
June 16, 2017

Electronic Closings a “Business Imperative,” but Hurdles Remain Before They’re Widespread

Realtors® know first-hand that real estate closings are a complex process that’s often slow and confusing for their clients. Consumers want simplicity and transparency, and Realtors® say electronic closings have the potential to deliver on that demand, but widespread...

Instant Reaction: May Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on the dip in residential construction in May: “Housing shortages look to intensify and may well turn into a housing emergency if the...

Instant Reaction: Lawrence Yun on Today’s FOMC Statement

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to hike short-term interest rates: “The latest rate hike is partly justified from ongoing economic expansion and also a steadily falling unemployment...

Fannie Mae Policy Changes to Aid Millennial Homebuyers

Millennials locked out of their homeownership dreams by high debt-to-income ratios and student loan debt will soon have reason to take another look at purchasing, thanks to a number of policy changes at Fannie Mae. First, Fannie Mae recently...

Leaping Over the Hurdles to Homeownership

What can be done to ensure creditworthy households today and in the future have the opportunity to experience the personal and financial benefits of owning a home? That was the question on the minds of those in a packed...

VIDEO: Realtor® Treasurer on Capitol Hill to Support HUD Nominee

When Pam Patenaude’s nomination for deputy secretary at the Department of Housing and Urban Development was announced in late May, Realtors® offered swift support. “Pam’s extensive and strong background in real estate and housing will be an asset, and...