real estate Archive
Pending Home Sales Fall in April, Third Lowest Level Since 2017
After modest increases in February and March, pending home sales dipped in April to their third-lowest level over the past year, according to NAR. The Pending Home Sales Index declined 1.3 percent to 106.4 in April from an upwardly...
May 31, 2018
FEMA Officials, Realtors® Participate in Dialogue on National Flood Insurance Program
David Stearrett, director of the Office of the Flood Insurance Advocate at the Federal Emergency Management Administration, led a panel discussion with fellow FEMA staff today at the REALTORS® Legislative Meetings & Trade Expo. The panel focused on the...
May 18, 2018
WATCH: Realtors® April Housing Minute
Existing-home sales and contract signings both saw modest gains in March, even as low supply and higher mortgage rates continued to affect overall affordability. Visit https://www.nar.realtor/videos/housing-minute to watch a 56-second, animated video from the National Association of Realtors® summarizing...
May 1, 2018
WATCH: Realtors® March Housing Minute
Existing-home sales and contract signings both experienced meaningful increases in February despite higher mortgage rates, rising home prices and subpar supply levels in much of the country. Visit https://www.nar.realtor/videos/housing-minute to watch a 60-second, animated video from the National Association...
March 30, 2018
NAR President Elizabeth Mendenhall to USA Today: Homeownership Is a Good Financial Investment
The following is a submitted Letter to the Editor by NAR President Elizabeth Mendenhall addressing the highly debatable claim made last week by a USA Today guest columnist that homeownership is a lousy investment. This letter to the editor...
February 27, 2018
Sunday’s Football Rematch: A Tale of Two Cities’ Home Prices Since 2005
The New England Patriots and Philadelphia Eagles have had two weeks to rest, strategize and get pumped up for Sunday’s big game in Minneapolis. Here’s a look at how home prices have moved from the last time – in...
February 2, 2018
[Infographic] Forecasting a Shadow: Groundhog Day and Real Estate
Winter lovers and haters come together on the second day of February every year to see Punxsutawney Phil climb out of his hole and cast his prediction for how much longer before the snow and ice slowly makes way...
February 1, 2018
Instant Reaction: 2017 Q4 GDP
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on Gross Domestic Product (GDP) in the fourth quarter: “The economy expanded at a respectable rate of 2.3% in 2017. That’s a good comeback...
January 26, 2018
Price Forecasting the Winner of Super Bowl LII
The NFL’s Divisional Round kicks off this weekend, featuring a bevy of talented teams, including regular heavyweights, the New England Patriots and the Pittsburgh Steelers, as well as some newcomers (Jacksonville Jaguars and Tennessee Titans). While TV analysts and...
January 12, 2018
November Sales Surprise to a Near 11-Year High; Contract Signings Also Rise
In what reflects the significant amount of pent-up demand in today’s housing market, existing-home sales surged in November to their strongest pace since December 2006. Good news was also found in November’s pending sales data. Whether it’s been weakening...
December 27, 2017