Plant a Tree on Arbor Day, Just Not One of These!

Happy Arbor Day! If you are planning to celebrate in the true spirit of the holiday, you should be heading outside to plant a tree. However, while all trees have their benefits, not all trees are going to be...
April 28, 2017

WATCH: Lawrence Yun Discusses March Pending Sales, Inventory and Lumber

After last week’s report of a solid 4.4 percent jump in existing-home sales in March, signed contracts to purchase homes split the other way, inching backward 0.8 percent. The reason, according to NAR Chief Economist Lawrence Yun, is simple:...

Realtors® Say White House Tax Plan “Does Anything But” Support Homeownership

The White House today released a smattering of details surrounding its plan for tax reform, and Realtors® are wary. Despite the plan’s proponents reaffirming in a news conference that the plan was created with homeownership in mind, National Association...

Home Sales Spiked in March…and Sold Fast

An abnormally warm winter, strong consumer confidence and robust underlying demand ended up being the perfect formula to push existing-home sales in March to their highest pace in over 10 years. More notably, despite the fact that supply is...

Tax Day is Here Again. Here’s the Big Homeowner Advantage:

Except for accountants, Tax Day probably isn’t anyone’s favorite day of the year. The whole event comes with some level of stress, even for those filers expecting a big return this year. But the National Association of Realtors® is...

Instant Reaction: March Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on March residential construction: “A major housing shortage exists in this country. It is therefore disappointing to witness in March the continued lackluster...

Vacation Home Sales Took a Vacation in 2016

Last year was a tale of two stories for second home purchases in the U.S. Despite home sales overall coming in at their strongest pace in a decade, sales to vacation buyers plummeted 21.6 percent to their lowest level...
April 11, 2017

Story Idea: How NFIP Expiration Would Affect Homeowners

On September 30, less than six months from now, the National Flood Insurance Program will expire. The National Association of REALTORS® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market...
April 10, 2017

Instant Reaction: March Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics’ report on employment conditions in March: “The soft hiring seen in March is not too concerning and likely a single month aberration....

NAR Goes to Capitol Hill on Appraisals for VA Home Loan Program

It’s no secret that a professional appraisal is key to getting a clear understanding of the home purchase. It’s an important part of ensuring that buyers pay a fair price for their new home, and buyers who utilize the...