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Real Estate News |
Employment Makes the Difference in Appleton
Thu, 9 Sep 2010 14:26:45 -0500
Stronger home prices and the stabilizing labor market impact Appleton, WI in late spring 2010...[read more]
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Did You Know: National Negative Equity Rates
Wed, 8 Sep 2010 10:56:56 -0500
Did you know that national negative equity rates declined for the second consecutive quarter?..[read more]
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Forecast Update: Pending Home Sales, Construction, Unemployment, Consumer Sentiment, Mortgage Applications
Fri, 3 Sep 2010 13:31:28 -0500
NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business. This week: Pending Home Sales, construction, unemployment, consumer sentiment, mortgage applications...[read more]
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Did You Know: Income-Housing Cost Mismatch
Thu, 2 Sep 2010 11:41:42 -0500
Did you know that in 2006 24 percent of renter households spent half or more of their incomes on housing?..[read more]
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Pending Home Sales Rise
Thu, 2 Sep 2010 09:46:09 -0500
Following a sharp drop after the tax credit expiration, pending home sales rise modestly...[read more]
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Sept. 1, 2010: Recovery or Respite?
Wed, 1 Sep 2010 16:09:56 -0500
Although the second quarter showed positive signs for the market, a slowdown in the economy could curtail growth...[read more]
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Forecast Update: Mortgage Applications, GDP, Foreclosure Starts, Jobless Claims, Consumer Sentiment
Fri, 27 Aug 2010 13:24:21 -0500
In a new weekly format, NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business. This week: Mortgage Applications, GDP, Foreclosure Starts, Jobless Claims, Consumer Sentiment..[read more]
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Tax Credits Have Strong Impact in Indianapolis
Thu, 26 Aug 2010 09:45:25 -0500
Employment growth has revived, but the story behind its steady price growth appears unique...[read more]
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Commercial Real Estate Remains Soft, Favors Expansion
Thu, 26 Aug 2010 09:44:54 -0500
Commercial real estate sectors, hurt by weak job growth, offer incentives conducive to business expansion...[read more]
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A Steady Foundation in Knoxville
Wed, 25 Aug 2010 12:52:50 -0500
Home prices in Knoxville have moved toward stabilization...[read more]
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July Existing-Home Sales Fall, Prices Rise
Tue, 24 Aug 2010 09:12:26 -0500
As expected, existing-home sales were sharply lower, but prices continue to gain...[read more]
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Forecast Update: Mortgage Applications, Producer Price Index, Housing Starts, Unemployment
Mon, 23 Aug 2010 09:09:29 -0400
NAR Research staff analyzes the week's key data releases and tells you what they mean for you and your business. This week: mortgage applications, producer price index, housing starts, unemployment...[read more]
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Did You Know: REALTOR® Formal Education Levels
Tue, 17 Aug 2010 15:15:19 -0500
Did you know 59 percent of members have at least an associate's degree?..[read more]
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Forecast Update: Mortgage Applications, Unemployment, Wholesale Trade, Labor, Consumer Sentiment
Fri, 13 Aug 2010 15:15:54 -0500
NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business. This week: mortgage applications, unemployment, wholesale trade, labor, consumer sentiment...[read more]
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New: Economist's Podcast
Thu, 12 Aug 2010 14:22:36 -0500
Businesses must spend more to help stimulate the lagging economy, but low interest rates are a good sign for housing...[read more]
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Broad Price Stabilization, Strong Sales
Wed, 11 Aug 2010 11:01:57 -0500
Home prices in more metropolitan areas increased in the 2nd quarter, aided by strong home sales driven by tax credit...[read more]
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Did You Know: Household Growth
Tue, 10 Aug 2010 11:58:06 -0500
Did you know that household growth in the 2000s fell from about 1.2-1.4 million annually to less than 1.0 million per year?..[read more]
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Surveys of REALTOR® Sentiment/Regional Vice-Presidential Reports
Mon, 9 Aug 2010 11:05:58 -0500
Each report contains the most recent REALTOR® Confidence Index results and commentary from our Regional Vice Presidents...[read more]
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Forecast Update: ISM Manufacturing Index, Mortgage Applications, Unemployment, Construction Spending
Fri, 6 Aug 2010 13:18:18 -0500
In a new weekly format, NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business. This week: ISM Manufacturing Index, mortgage applications, unemployment, and construction spending...[read more]
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Commentary: Homeownership, Rental and Homeowner Vacancy Rates, Metropolitan Statistical Data
Thu, 5 Aug 2010 11:17:53 -0400
Roughly speaking, homeowner vacancy rates have increased since 2005...[read more]
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Commentary: Homeownership, Rental and Homeowner Vacancy Rates
Wed, 4 Aug 2010 11:53:41 -0400
(Aug. 4) Today's homeownership rate is the same it was in the fourth quarter of 1999...[read more]
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Pending Home Sales Ease
Tue, 3 Aug 2010 09:43:25 -0500
Pending home sales edged down in the post-tax credit market...[read more]
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Did You Know: Unemployed Workers per Job Opening
Mon, 2 Aug 2010 13:06:17 -0500
Did you know that at the height of this recession for every job opening there were 6.2 unemployed workers?..[read more]
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Forecast Update:Case-Shiller Price Index, Mortgage Applications, Unemployment, New Home Sales
Fri, 30 Jul 2010 14:11:50 -0500
In a new weekly format, NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business. This week: Mortgage Applications, FHFA Index, Housing Starts, New Home Sales...[read more]
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Did You Know: Residential Vacancy Rates
Thu, 29 Jul 2010 12:25:55 -0400
(July 29) Did you know that 35 percent of the metropolitan areas had falling residential vacancy rate between Q3 2009 and Q1 2010?..[read more]
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Did You Know: Who Worked From Home, by Occupation
Wed, 28 Jul 2010 11:51:04 -0500
Did you know that in 2009, professional workers were more likely to work from home?..[read more]
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Did You Know: Percent of Home Financed Has Shifted
Tue, 27 Jul 2010 11:11:37 -0500
Did you know that over the last few years, the portion of the home that's financed has changed?..[read more]
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Did You Know: Who Works From Home, by Income
Mon, 26 Jul 2010 08:43:38 -0500
Did you know that in 2009, higher earning individuals were more likely to work from home?..[read more]
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Existing-Home Sales Slow, Above Year Ago
Thu, 22 Jul 2010 09:39:13 -0500
Existing-home sales slowed in June, but remained at relatively elevated levels...[read more]
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Video: Mean vs. Median in Home Price Data
Wed, 21 Jul 2010 15:59:46 -0400
(July 21) Economist Danielle Hale discusses means and medians, which one NAR Research prefers to use in home price data, and why...[read more]
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Did You Know: Reasons People Move, Choose New Location
Tue, 20 Jul 2010 10:37:15 -0500
Did you know that only 4 percent of consumers surveyed in June moved due to job loss?..[read more]
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Economist's Podcast
Mon, 19 Jul 2010 09:28:47 -0500
(July 19) Lawrence Yun says that the recent drop in home sales was expected; prices continue to stabilize...[read more]
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Forecast Update: GDP, Mortgage Applications, Unemployment Claims, Producer Price Index
Fri, 16 Jul 2010 16:21:23 -0500
In a new weekly format, NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business...[read more]
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Get Insights, Grow Your Business
Thu, 15 Jul 2010 10:28:25 -0500
Over 100,000 members are getting INSIGHTS into the housing market every month. Are you?..[read more]
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Commentary: Why Are Loan Modifications So Difficult?
Wed, 14 Jul 2010 10:47:20 -0500
Underwater homeowners have been in the news lately as the foreclosure crisis looms large...[read more]
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Did You Know: Top Relocation Cities for Movers
Tue, 13 Jul 2010 14:36:03 -0500
Did you know that according to a June 2010 survey, Houston ranked as the top destination city for movers?..[read more]
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Profile of International Home Buying Activity
Mon, 12 Jul 2010 15:41:58 -0400
International home buyers are increasingly attracted to property in the U.S...[read more]
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Forecast Update: ISM Non-Manufacturing Index, Mortgage Applications, Unemployment
Mon, 12 Jul 2010 15:41:01 -0400
The NAR Research staff now gives you a weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market...[read more]
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Did You Know: Primary Occupation Among Members
Mon, 12 Jul 2010 15:40:36 -0400
Did you know that for 77 percent of members, real estate is their only occupation?..[read more]
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Economists Commentary: Regional Market Conditions, Q1 2010
Thu, 8 Jul 2010 11:38:02 -0400
Prices showed steady improvement in many markets, but one big issue remains: rising delinquencies on prime mortgages...[read more]
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Forecast Update: New Home Sales, Housing Starts, Consumer Price Index and much more. . .
Fri, 2 Jul 2010 14:03:56 -0500
In a new weekly format, NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business...[read more]
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Did You Know: Net Worth of Households
Tue, 29 Jun 2010 15:49:32 -0500
Did you know that during the recession, the net worth of households and non-profits declined by more than $16 trillion?..[read more]
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Did You Know: Household Real Estate Assets
Mon, 28 Jun 2010 11:16:46 -0400
Did you know that the value of real estate held by households alone is currently worth 15% more than the entire US economy produces in a year?..[read more]
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Forecast Update: China, New Home Sales, Unemployment, Consumer Sentiment
Fri, 25 Jun 2010 16:09:28 -0500
In a new weekly format, NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business...[read more]
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Did You Know: NFIP Flood Insurance Policies, Updated
Thu, 24 Jun 2010 11:40:38 -0500
Did you know that NFIP policies in force increased from around 2 million in the 1980s to 5.7 million in 2009?..[read more]
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May 2010 REALTORS® Confidence Index
Wed, 23 Jun 2010 16:08:36 -0500
Find out how your peers are feeling about the current market and prospects for the future...[read more]
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Columbia, SC Market Conditions
Wed, 23 Jun 2010 10:09:35 -0500
Like many other markets, Columbia was stymied by both the economy and employment...[read more]
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Continued Strong Pace for Existing-Home Sales
Tue, 22 Jun 2010 10:22:27 -0500
Existing-home sales remained elevated in May on buyer response to tax credit, low mortgage rates...[read more]
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Daily Forecast Update: Consumers and Down-Payment Requirements
Mon, 21 Jun 2010 10:03:03 -0500
(June 21) Did you know that 49 percent of consumers say they would never be able to save for a down-payment for a home?..[read more]
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Did You Know: National Flood Insurance Program Policies
Thu, 17 Jun 2010 15:19:34 -0400
Did you know that NFIP policies in force increased from around 2 million in the 1980s to 5.7 million in 2009?..[read more]
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New Economist's Podcast
Wed, 16 Jun 2010 10:57:18 -0500
Chief Economist Lawrence Yun expects home sales to dive in May and June, but sees a more stable environment in the longer term...[read more]
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Economist's Commentary: Kennewick-Area Market Conditions
Tue, 15 Jun 2010 08:31:44 -0500
Kennewick, WA has one of the strongest housing markets in the country--how does your market compare?..[read more]
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Forecast Update: Consumer Credit, Labor Market, Mortgage Applications
Mon, 14 Jun 2010 12:53:46 -0400
In a new weekly format, NAR Research staff analyzes the week's key data releases and tell you what they mean for you and your business...[read more]
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Did You Know: Factors Affecting Household Mobility
Mon, 14 Jun 2010 09:42:46 -0500
Did you know that a wide variety of factors have been shown to affect household mobility?..[read more]
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Did You Know: Homeownership Rates Among Hispanic Americans
Thu, 10 Jun 2010 16:04:21 -0400
Did you know that the homeownership rate among Hispanic-Americans fell 3% from 2009?..[read more]
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Did You Know: Social Security Beneficiaries, By State
Wed, 9 Jun 2010 09:46:02 -0500
Did you know that Maine, as well as Florida, draws a large number of retirees?..[read more]
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Did You Know: Home Buyer Tax Credit Claims By Region
Tue, 8 Jun 2010 10:07:07 -0500
Did you know that 734,999 buyers have claimed the home buyer tax credit for purchases made in 2009 as of February 20, 2010?..[read more]
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Did You Know: Firm Affiliation, By Firm Size
Mon, 7 Jun 2010 10:05:55 -0500
Did you know that most members work at independent, non-franchised company?..[read more]
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Did You Know: Foreclosure Recourse and Strategic Mortgage Defaults
Fri, 4 Jun 2010 12:28:32 -0400
Did you know that a homeowner's decision to strategically default on a mortgage is influenced by the bank's recourse options?..[read more]
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Daily Forecast Update: Unemployment Insurance, Mortgage Rates
Thu, 3 Jun 2010 13:16:19 -0500
Unemployment insurance filings were down last week, although they remain frustratingly high...[read more]
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Did You Know: Local Information by Economic Area
Thu, 3 Jun 2010 10:05:13 -0500
Did you know that there are many great sources of economic data about your local market area?..[read more]
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Daily Forecast Update: Mortgage Purchase Applications
Wed, 2 Jun 2010 17:12:55 -0400
Mortgage purchase applications fell, continuing the post-tax credit declines...[read more]
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Pending Home Sales Surge Continuing
Tue, 1 Jun 2010 11:05:50 -0500
Pending home sales have risen for three consecutive months, reflecting broad tax credit impact, favorable affordability...[read more]
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Daily Forecast Update: Personal Income, Consumer Spending
Fri, 28 May 2010 12:00:11 -0500
Personal income increased in April from March consistent with expectations...[read more]
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Did You Know: Real Estate Firm Size and Function
Fri, 28 May 2010 11:22:44 -0400
Did you know that the typical agent works at a firm with 29 agents and brokers?..[read more]
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Daily Forecast Update: GDP Revision
Thu, 27 May 2010 15:30:09 -0400
Economic growth in the first quarter of 2010 was lower than initially estimated...[read more]
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Did You Know: Home Remodeling Forecast
Thu, 27 May 2010 11:16:26 -0500
Did you know that, according to the Leading Indicator of Remodeling Activity, home remodeling will rebound by almost 5 percent in 2010?..[read more]
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Daily Forecast Update: Mortgage Purchase Applications, New Home Sales
Wed, 26 May 2010 13:41:25 -0500
Mortgage purchase applications continued to fall during week ending May 21...[read more]
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Did You Know: Realtor® Work Hours and Compensation
Wed, 26 May 2010 09:56:07 -0500
Did you know that the typical member works 40 hours a week and nearly all work on a commission-based compensation structure?..[read more]
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Daily Forecast Update: Case-Shiller and Other Price Data
Tue, 25 May 2010 13:07:54 -0500
California home values are recovering robustly, affirming earlier NAR price trends...[read more]
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Did You Know: Member Gross vs. Net Incomes
Tue, 25 May 2010 10:34:03 -0500
Did you know that the typical member had a gross income of $35,700 in 2009?..[read more]
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Did You Know: Website Maintenance Expenditure and Business Generated
Mon, 24 May 2010 14:03:51 -0400
Did you know that the typical member spent $220 to maintain his/her website in 2009?..[read more]
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Existing-Home Sales Improve in April
Mon, 24 May 2010 10:03:31 -0500
Existing-home sales rose thanks to the tax credit, improving consumer confidence, favorable affordability...[read more]
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Did You Know: Business Sources, Repeat Clients
Fri, 21 May 2010 13:27:25 -0500
The typical member had 18 percent of their business in 2009 from repeat consumers and clients...[read more]
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Daily Forecast Update: 10-Year Treasury, Mortgage Rates
Fri, 21 May 2010 13:26:45 -0500
Mortgage rates follow Treasury rates downward...[read more]
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Daily Forecast Update: Jobless Claims, Interest Rates
Thu, 20 May 2010 12:40:01 -0500
The number of workers filing new claims for unemployment benefits unexpectedly increased last week...[read more]
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Daily Forecast Update: Mortgage Purchase Applications, Consumer Price Index
Wed, 19 May 2010 14:48:31 -0400
Mortgage purchase applications fell sharply in the week ending May 14, continuing the post-tax credit decline...[read more]
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Did You Know: Appraisers
Wed, 19 May 2010 12:04:13 -0500
Did you know that the typical appraiser appraised 200 properties in 2009?..[read more]
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Daily Forecast Update: Housing Completions and Starts, Default Rates
Tue, 18 May 2010 13:04:46 -0500
Today's data show that housing completions have, not surprisingly, surged in April as tax credit buyers move to close...[read more]
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Did You Know: Property Managers
Tue, 18 May 2010 11:42:40 -0400
Did you known that the typical property manager managed 33 properties in 2009?..[read more]
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Daily Forecast Update: Greece, Europe and U.S.
Mon, 17 May 2010 14:35:15 -0500
If Greece is unable to rollover its debt financing it could lead to slower global economic expansion and hold back job growth...[read more]
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Did You Know: Ten Reasons People Move
Mon, 17 May 2010 10:35:10 -0500
Do you know the top 10 reasons people move?..[read more]
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Daily Forecast Update: Retail Sales, Consumer Sentiment
Fri, 14 May 2010 12:43:13 -0500
Retail sales rose 0.4 percent in April according to today's Commerce Department report...[read more]
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Did You Know: Home Buyer Behavior and Attitudes
Fri, 14 May 2010 11:04:11 -0400
Did you know that 34 percent of members believe that the primary factor preventing clients from purchasing homes is difficulty obtaining a mortgage?..[read more]
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Did You Know: REALTORS® and Office Staffing
Thu, 13 May 2010 09:52:28 -0500
Did you know the 17 percent of members have a personal assistant?..[read more]
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Daily Forecast Update: Mortgage Purchase Applications
Wed, 12 May 2010 12:17:34 -0500
Mortgage purchase applications decreased in the week ending May 7, the first week after the homebuyer tax credit expired...[read more]
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Economist's Podcast: May 2010
Tue, 11 May 2010 13:16:40 -0500
Lawrence Yun discusses his outlook for sales and prices and the impact of credit problems in Greece...[read more]
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Did You Know: REALTOR® Affiliations, Certifications, Designations
Tue, 11 May 2010 09:32:49 -0500
Did you know that 44 percent of members have a designation and 24 percent have a certification?..[read more]
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Get Insights, Grow Your Business
Fri, 7 May 2010 09:57:08 -0500
Over 100,000 members are getting INSIGHTS into the housing market every month. Are you?..[read more]
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Did You Know: Subprime Mortgage Delinquency and Financial Literacy
Wed, 5 May 2010 09:26:44 -0500
Did you know that subprime borrowers with limited financial literacy are more likely to default on their mortgages?..[read more]
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New Data: March Pending Home Sales
Tue, 4 May 2010 13:38:55 -0500
Pending home sales increased in March, affirming a spring surge in home sales...[read more]
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Did You Know: House Price Risk
Tue, 4 May 2010 09:55:30 -0500
Did you know that the risk of home prices falling decreased in 42 of the nation's 50 most populated metropolitan statistical areas?..[read more]
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Daily Forecast Update: GDP Increases
Fri, 30 Apr 2010 13:38:59 -0500
"Increasing GDP should result in increased employment and provide support for home sales."..[read more]
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Daily Forecast Update: Case-Shiller Home Price Index
Tue, 27 Apr 2010 12:26:06 -0500
The Case-Shiller home price index showed that home prices are stabilizing in many markets...[read more]
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Did You Know: Commercial Business Revenue
Mon, 26 Apr 2010 09:25:39 -0500
Did you know that the median gross annual income of commercial members in 2009 was $68,600?..[read more]
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Did You Know: Employment and Unemployment Trends
Fri, 23 Apr 2010 09:15:17 -0500
Did you know that eight states have recorded their highest rate of unemployment (since 1976) during this current recession?..[read more]
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Did You Know: Commercial Business Activity
Thu, 22 Apr 2010 09:29:47 -0500
Did you know that the typical commercial member had five transactions in 2009?..[read more]
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Did You Know: About Commercial Members
Wed, 21 Apr 2010 09:28:04 -0500
Did you know that commercial members have typically been members of NAR for 15 years?..[read more]
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Did You Know: Impact of Recovery Act Programs
Fri, 16 Apr 2010 09:31:44 -0500
Did you know the U.S. Treasury publishes estimates of the impact of recovery act programs, including information on the homebuyer tax credit?..[read more]
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Daily Forecast Update: International Trade and Import/Export Prices
Tue, 13 Apr 2010 16:08:23 -0500
The trade deficit increased in February...[read more]
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Did You Know: Fannie Mae National Housing Survey
Tue, 13 Apr 2010 11:01:22 -0500
Did you know that nearly two-thirds (65 percent) of survey respondents prefer owning to renting?..[read more]
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Daily Forecast Update: Wholesale Trade
Fri, 9 Apr 2010 12:50:20 -0500
Wholesale trade is gaining ground, with the results from February showing moderate improvement in sales...[read more]
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Did You Know: Home Buyer "Must-Have" Features
Tue, 6 Apr 2010 10:08:36 -0500
Do you know what features home buyers really look for in a home?..[read more]
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Economist's Commentary: Commercial Real Estate Challenges, Financing
Mon, 5 Apr 2010 13:10:41 -0500
For most commercial Realtors®, the biggest challenge remains the availability of financing to close deals...[read more]
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Did You Know: U.S. Employment by Foreign Companies
Mon, 5 Apr 2010 09:32:05 -0500
Did you know that affiliates of foreign companies operating in the U.S. employed a lot of U.S. residents?..[read more]
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Did You Know: Homeownership Rates Since 1980
Thu, 1 Apr 2010 10:07:17 -0500
Did you know that The homeownership rate peaked in 2004 at 69.4 percent?..[read more]
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Daily Forecast Update: Mortgage Purchase Applications, ADP Employment Report
Wed, 31 Mar 2010 13:23:20 -0500
Good News: Mortgage rates are likely to ease following this morning's soft employment report...[read more]
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Did You Know: Zillow Home Price Estimates
Wed, 31 Mar 2010 10:06:59 -0500
Did you know that Zillow estimates overvalue property by 10 percent compared to the sale price?..[read more]
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Daily Forecast Update: Consumer Confidence, Case-Shiller Index
Tue, 30 Mar 2010 14:40:33 -0500
An improvement in consumer confidence indicates a continuation of the weak economic recovery...[read more]
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Daily Forecast Update: GDP, Corporate Profits, Consumer Sentiment
Fri, 26 Mar 2010 13:23:39 -0500
Consumer sentiment remains shaky, with consumers worried about their employment situations and incomes...[read more]
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Did You Know: State Employment Trends
Fri, 26 Mar 2010 09:32:16 -0500
Did you know Alaska, North Dakota, and Washington, D.C., were the only three states that saw year-over-year increases in employment between January 2009 and January 2010?..[read more]
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Daily Forecast Update: MBA Purchase Applications, Producer Price Index
Wed, 17 Mar 2010 13:29:39 -0500
Mortgage applications fell last week, with a larger fall in purchase applications than in refinance applications...[read more]
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Did You Know: Home Purchase Location
Wed, 17 Mar 2010 10:12:09 -0500
Did you know that there are regional differences in the location (e.g., rural, urban, suburban) of home purchases?..[read more]
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Daily Forecast Update: Housing Market Index, Industrial Production
Mon, 15 Mar 2010 15:36:31 -0500
The Housing Market Index, which measures home builders' sentiment was down to 15 in March from 17 in February...[read more]
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Daily Forecast Update: Consumer Sentiment, Retail Sales
Fri, 12 Mar 2010 13:02:36 -0600
Consumer sentiment is higher than at this time last year, but people continue to be cautious about the future...[read more]
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Daily Forecast Update: Weekly Mortgage Applications
Wed, 10 Mar 2010 13:29:20 -0600
Mortgage applications posted a noticeable jump last week--increasing for the second straight week...[read more]
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Daily Forecast Update: 10-Year Treasury
Tue, 9 Mar 2010 14:26:48 -0600
The private MBS market appears to be stepping in as the Federal Reserve winds down its MBS purchase program...[read more]
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Did You Know: Agent Representation and Compensation
Tue, 9 Mar 2010 09:21:35 -0600
Did you know that repeat buyers were more likely than first-time buyers to sign an agent disclosure statement?..[read more]
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Did You Know: Role of Real Estate Professionals
Fri, 5 Mar 2010 11:34:08 -0600
Did you know that eighty-five percent of home sellers sold their home with the assistance of a real estate agent?..[read more]
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Daily Forecast Update: Vehicle Sales
Tue, 2 Mar 2010 15:24:24 -0600
An increase in sales for two major automakers may mean good things for the housing market...[read more]
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Did You Know: Foreclosure Rate Trends
Tue, 2 Mar 2010 09:19:45 -0600
Did you know that the states with largest drops in foreclosure starts include California and Nevada?..[read more]
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Housing Units and House Holds
Thu, 25 Feb 2010 16:08:49 -0600
Did you know that over the last decade, the number of households and housing units increased?..[read more]
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Daily Forecast Update: Mortgage Purchase Applications, FDIC Quarterly Report
Thu, 25 Feb 2010 16:08:02 -0600
Both new home sales and mortgage applications tracked downward...[read more]
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Did You Know: Temporary Staffing Employment
Thu, 25 Feb 2010 16:05:35 -0600
Did you know that January and February are traditionally slower months for temporary staffing employment?..[read more]
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Daily Forecast Update: Mortgage Purchase Applications, New Homes, FDIC and First American Reports
Wed, 24 Feb 2010 13:47:14 -0600
Some less positive news: both new home sales and mortgage applications tracked downward...[read more]
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Economist's Podcast, February 22, 2010
Mon, 22 Feb 2010 10:34:12 -0600
Chief Economist Lawrence Yun discusses the latest quarterly state sales and metro median price data release...[read more]
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Did You Know: Owner Occupancy Rates
Mon, 22 Feb 2010 10:32:04 -0600
Did you know that 75.0 million housing units were owner-occupied in the fourth quarter of 2009?..[read more]
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Did You Know: Mortgage Loan Type
Fri, 19 Feb 2010 15:16:15 -0600
Did you know that sixty-four percent of repeat buyers used conventional loans?..[read more]
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Daily Forecast Update: Discount Rate, Consumer Price Index, Real Earnings
Fri, 19 Feb 2010 10:51:07 -0600
Consumer prices barely rose in January, suggesting there will not be acute pressure for mortgage rates to rise...[read more]
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Daily Forecast Update: Unemployment Insurance Claims, Producer Price Index
Thu, 18 Feb 2010 10:50:25 -0600
Consumer prices barely rose in January, suggesting there will not be acute pressure for mortgage rates to rise...[read more]
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Did You Know: Environmental Efficiency, Commuting Costs
Thu, 18 Feb 2010 10:49:33 -0600
Did you know that commuting costs were at least "somewhat" important to 78 percent of home buyers?..[read more]
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New: Real Estate INSIGHTS
Thu, 18 Feb 2010 10:47:42 -0600
The latest issue of Real Estate INSIGHTS is now available. Subscribe now or read it online...[read more]
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Did You Know: Treasury vs. ARM-FRM Spread
Wed, 17 Feb 2010 14:53:58 -0600
Did you know that the share of mortgages that are adjustable rate has been dropping significantly?..[read more]
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Home Starts, Mortgage Applications, Industrial Production
Wed, 17 Feb 2010 14:53:24 -0600
The recovery in home construction will continue to be slow for at least the foreseeable future...[read more]
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Economists' Commentary: Realtors® Confidence Index
Wed, 17 Feb 2010 14:51:29 -0600
Current market conditions from the members' perspective: the Realtors® Confidence Index for January 2010...[read more]
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Daily Forecast Update: Home Builders' Confidence Index
Tue, 16 Feb 2010 16:14:45 -0600
The Home Builders' Confidence Index rose in February, although it remains low...[read more]
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Did You Know: Home Ownership Rates
Tue, 16 Feb 2010 13:35:42 -0500
Did you know that the home ownership rate was 67.2 percent at the end of 2009?..[read more]
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Commentary: First In, Last Out?
Fri, 12 Feb 2010 16:19:18 -0500
Boston was one of the first markets to witness price declines, will it also be at the forefront of a recovery?..[read more]
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Daily Forecast Update: Retail Sales, Mortgage Rates, Consumer Sentiment
Fri, 12 Feb 2010 16:18:55 -0500
Good News: Mortgage rates remain low, helping affordability...[read more]
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Did You Know: Multifamily Vacancies
Fri, 12 Feb 2010 16:18:34 -0500
Did you know that homeowner vacancy rate hit a record-breaking 2.8 percent in 2008?..[read more]
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New Data: Metro Median Home Prices
Fri, 12 Feb 2010 16:18:13 -0500
Existing-home sales showed strong gains in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier...[read more]
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Daily Forecast Update: Whole Sale Trade, Job Openings
Tue, 9 Feb 2010 13:25:45 -0500
Good news: today?s report showed there were slightly more job openings in December than in November...[read more]
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Did You Know: Home Purchase Method
Tue, 9 Feb 2010 12:10:44 -0500
Did you know that 79 percent of home buyers using the Internet to search still bought their home through an agent?..[read more]
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Daily Forecast Update: Employment Data
Fri, 5 Feb 2010 12:41:10 -0500
There were net payroll job losses in January yet the unemployment rate fell...[read more]
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Did You Know: Net Household Wealth
Fri, 5 Feb 2010 12:40:51 -0500
Did you know that the median value homeowners' equity was nearly 10 times the median value of stock wealth for stockholders?..[read more]
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Economists' Commentary: Households and Home Ownership Rates in the U.S.
Thu, 4 Feb 2010 16:27:22 -0500
The home ownership rate showed that 67.2 percent of Americans owned their homes at the end of 2009...[read more]
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Daily Forecast Update: Jobless Claims, Productivity
Thu, 4 Feb 2010 16:26:45 -0500
The number of people out of work and claiming unemployment benefits at the end of January was higher than expected...[read more]
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Did You Know: Consumer Spending
Thu, 4 Feb 2010 16:26:07 -0500
Did you know that, according to the latest Gallup poll, 48% of Americans say they are feeling better about their financial situation?..[read more]
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Did You Know: Record Foreclosures
Wed, 3 Feb 2010 15:15:04 -0500
Did you know that almost 3 million homeowners received at least one foreclosure filing during 2009?..[read more]
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Daily Forecast Update: ADP Employment Report, MBA Purchase Applications, etc
Wed, 3 Feb 2010 15:14:49 -0500
Good News: Job losses slowed significantly in January according to a private sector report...[read more]
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Economists' Commentary: Jumbos Lumber Back on Track
Wed, 3 Feb 2010 15:14:15 -0500
The jumbo market is finally breathing a bit easier...[read more]
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Did You Know: Multifamily Rental Fortunes
Tue, 2 Feb 2010 11:58:53 -0500
Did you know that larger properties anchor the subsidized housing stock?..[read more]
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Economists' Commentary: The Forecast and Pending Home Sales
Tue, 2 Feb 2010 11:58:18 -0500
December pending home sales index rose modestly, after having plunged in November...[read more]
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Did You Know: Energy Efficiency
Mon, 1 Feb 2010 10:31:44 -0500
Did you know that if homes built before 2000 used as little energy per square foot as those built since, residential consumption would drop by 22.5 percent?..[read more]
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Commentary: Headed in the Right Direction
Mon, 1 Feb 2010 10:31:00 -0500
The latest Local Market Reports are now available. Find out where your market is headed...[read more]
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Daily Forecast Update: GDP, Consumer Sentiment, Bernanke Confirmation
Fri, 29 Jan 2010 13:14:16 -0500
Today?s data on the economy have reassured the markets...[read more]
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Did You Know: Value of Real Estate held by Households
Fri, 29 Jan 2010 10:12:36 -0500
Did you know that after nine consecutive quarters of decline, the aggregate value of household real estate has increased for the second quarter in a row?..[read more]
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Did You Know: Poverty in Suburbs
Thu, 28 Jan 2010 13:07:50 -0500
Did you know that, by 2008, suburbs were home to the largest and fastest-growing poor population in the country?..[read more]
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Daily Forecast Update: Unemployment Insurance Claims, Manufacturer's Orders, etc.
Thu, 28 Jan 2010 13:06:51 -0500
The decline in unemployment insurance claims is welcome news, however, it underscores seasonal volatility in employment trends...[read more]
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New Data: State-by-State International Business Reports 2009
Wed, 27 Jan 2010 16:03:58 -0500
Check out theses new reports on international business activity in 2009 by state...[read more]
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Daily Forecast Update: New Home Sales, Mortgage Applications
Wed, 27 Jan 2010 15:20:38 -0500
A recent decline in new construction has helped keep additional inventory off the market to the benefit of the existing home sale market...[read more]
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Did You Know: Unemployment Rate by County
Wed, 27 Jan 2010 10:45:39 -0500
Did you know that the unemployment rate is 10.0 percent?as reported by Bureau of Labor Statistics?but varies considerably by county?..[read more]
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Daily Forecast Update: Case/Shiller Price, FHFA, and Consumer Confidence Indices
Tue, 26 Jan 2010 14:16:26 -0500
Good news: The Consumer Confidence Index for January showed some modest indications of optimism on the current economic climate...[read more]
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Did You Know: Short Sales
Tue, 26 Jan 2010 14:15:35 -0500
Did you know that that 3 percent of sellers reported that their home sale was a short sale, compared with 5 percent in 2008?..[read more]
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Did You Know: FSBO and Agent-Assisted Sales
Mon, 25 Jan 2010 14:34:50 -0500
Did you know that there was a decrease in for-sale-by-owner (FSBO) sales and a corresponding increase in agent-assisted and other sales in 2009?..[read more]
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Daily Forecast Update: Weekly Mortgage Rate Survey
Fri, 22 Jan 2010 13:36:02 -0500
Good news: mortgage rates have moderated for 2 straight weeks after leaping in early January from record lows...[read more]
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Did You Know: Older Housing Energy Consumption
Fri, 22 Jan 2010 13:35:43 -0500
Did you know that the stock of older homes provides a prime market for energy-efficient upgrades?..[read more]
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Economists' Commentary: The Late Slowdown in Salt Lake
Thu, 21 Jan 2010 13:33:34 -0500
An in-depth look at the local market report for Salt Lake City...[read more]
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Daily Forecast Update: Weekly Jobless Claims
Thu, 21 Jan 2010 13:33:11 -0500
Negative news for the weak job market: unemployment claims surprisingly shot up in the past week...[read more]
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Did You Know: The Remodeling Market
Thu, 21 Jan 2010 13:32:50 -0500
Did you know that households that relocate spend an average of 20-25 percent more on improvements than otherwise similar households that do not move?..[read more]
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Daily Forecast Update: Mortgage applications, Residential Construction, PPI, and FHA Fees
Wed, 20 Jan 2010 15:06:01 -0500
FHA fee increases may be good protection for taxpayers, but increased fees will keep some buyers from being able to make a purchase...[read more]
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Economists' Commentary: Statewide Demographic Trends
Wed, 20 Jan 2010 12:27:04 -0500
Understanding population flows within a state or region can help REALTORS® better understand trends in the housing market...[read more]
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Did You Know: Equity by Tenure
Wed, 20 Jan 2010 12:26:33 -0500
Did you know that sellers who owned a home for more than 21 years typically reported a selling price of 203 percent more than the purchase price?..[read more]
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Daily Forecast Update:Shadow Inventory, Tougher FHA Loan Standards, Home Builder Confidence
Tue, 19 Jan 2010 09:40:05 -0500
HUD is seriously reviewing and preparing to beef up the FHA finances; be prepared for any changes to FHA underwriting criteria...[read more]
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Did You Know: Distance Moved
Tue, 19 Jan 2010 10:38:34 -0500
Did you know that, nationally, home buyers moved a median of 12 miles from their previous residence?..[read more]
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Daily Forecast Update: Industrial Production, CPI, Consumer Sentiment
Fri, 15 Jan 2010 14:04:49 -0500
Good news: Industrial production continued to increase in December...[read more]
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Did You Know: Foreclosure Roll Rates
Fri, 15 Jan 2010 14:04:29 -0500
Did you know that one in every 7.5 properties is behind on payments or in foreclosure?..[read more]
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Economists' Commentary: Foot Traffic - Getting a Step Ahead
Thu, 14 Jan 2010 12:10:34 -0500
NAR Research looks at the strong relationship between the volume of showings and the volume of listings under contract or pending sale...[read more]
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Did You Know: REO
Thu, 14 Jan 2010 10:28:27 -0500
Did you know that metro areas in New York and Pennsylvania have the fewest lender-owned properties?..[read more]
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Daily Forecast Update:Mortgage Applications and Home Value Projections
Wed, 13 Jan 2010 14:13:40 -0500
A majority of economists now say home prices have already bottomed and most REALTORS® agree...[read more]
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Did You Know: Sources of Downpayment
Wed, 13 Jan 2010 14:13:12 -0500
Did you know that 54% of buyers who made a down payment relied on their savings, slightly less than in the previous survey?..[read more]
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Economist?s Podcast: January 2010
Tue, 12 Jan 2010 15:50:48 -0500
NAR Chief Economist Lawrence Yun discusses the key to housing market recovery and sustainability: jobs, jobs, jobs...[read more]
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Did You Know: Mortgage Application Process
Tue, 12 Jan 2010 15:09:04 -0500
Did you know that more than 60% of those who financed their homes said that the mortgage application process was no more difficult than expected?..[read more]
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Daily Forecast Update: U.S. Trade Deficit
Tue, 12 Jan 2010 15:08:41 -0500
International trade is recovering as the global economy steadily expands; although, imports rose much faster than exports...[read more]
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Daily Forecast Update: Consumer Credit
Mon, 11 Jan 2010 13:53:03 -0500
The decrease in consumer credit will likely restrain spending in the near term...[read more]
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Did You Know: Neighborhood Choice
Mon, 11 Jan 2010 13:52:34 -0500
Did you know that 64 percent of home buyers listed quality of neighborhood as the most important factor influencing their choice?..[read more]
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Economists' Commentary: Back on the Right Track
Fri, 8 Jan 2010 11:41:15 -0500
An in-depth look at the local market report for the Washington, D.C. metro area...[read more]
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Daily Forecast Update: Employment Data
Fri, 8 Jan 2010 11:40:47 -0500
The job market still struggles despite recent respectable gains in production...[read more]
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Did You Know: Most Important Factors When Choosing A Real Estate Agent
Fri, 8 Jan 2010 11:40:21 -0500
Did you know that home buyers rate honesty and trustworthiness among the most important factors in choosing an agent?..[read more]
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Daily Forecast Update: Jobless Claims, Fed's OMCM notes, etc
Thu, 7 Jan 2010 14:22:33 -0500
Good News: New jobless claims remain low, a sign of a stabilizing labor markets and improving business expectations...[read more]
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Did You Know: What Sellers Most Want from Real Estate Agents
Thu, 7 Jan 2010 10:33:43 -0500
Did you know that to sellers the most important task for a real estate agent is selling the home in a specific time-frame?..[read more]
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Daily Forecast Update: Mortgage applications, Employment, ISM-NMI
Wed, 6 Jan 2010 16:18:31 -0500
Mortgage applications waned in late December as mortgage rates ticked up and tax-credit-induced buyers are not yet back in the pipeline...[read more]
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Did You Know: Distance Moved
Wed, 6 Jan 2010 14:54:30 -0500
Did you know that the distance home sellers move is correlated with their age?..[read more]
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Did You Know: Purchase Transaction
Wed, 6 Jan 2010 14:51:46 -0500
Did you know that in all regions in the country, the purchase transaction tends to involve a professional, either a real estate agent or broker or a builder or builder's agent?..[read more]
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New Data: Pending Home Sales
Tue, 5 Jan 2010 14:53:18 -0500
Pending home sales fell after a surge of activity before the original deadline for the first-time home buyer tax credit, but remain comfortably above a year ago...[read more]
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Daily Forecast Update: Construction Spending & ISM Manufacturing Index
Mon, 4 Jan 2010 12:10:54 -0500
ISM Manufacturing Index is surprisingly strong and shows evidence of recovery...[read more]
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Did You Know: Primary Residence and Second Home
Mon, 4 Jan 2010 12:09:34 -0500
Did you know that the median price of second homes was $143,500, compared to $186,000 for primary homes?..[read more]
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Did You Know: Social Networking Websites
Thu, 31 Dec 2009 12:15:28 -0500
Did you know that thirty-five percent of all Realtors® reported using social or professional networking sites?..[read more]
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Daily Forecast Update: Jobless Claims
Thu, 31 Dec 2009 12:14:39 -0500
Unemployment claims continue to fall, a positive trend; however, we still have a long road ahead...[read more]
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Daily Forecast Update: Brokerage Commission & Factory Activity
Wed, 30 Dec 2009 14:03:02 -0500
Brokerage commission, after taking a tumble for the 4th straight year, will see an increase of 15 percent in 2010...[read more]
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Did You Know: Satisfaction with Agent
Wed, 30 Dec 2009 11:37:09 -0500
Did you know that 66 percent of buyers would use their real estate agent again or recommend him/her to a friend?..[read more]
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Daily Forecast Update: Case-Shiller Index, Consumer Confidence
Tue, 29 Dec 2009 13:27:25 -0500
Increased consumer confidence is a favorable sign of continued recovery from the Great Recession...[read more]
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Did You Know: Household Income of First-Time and Repeat Buyers
Tue, 29 Dec 2009 11:29:12 -0500
Did you know that, despite the downturn, incomes didn't change much between 2007 and 2008 among first-time and repeat buyers?..[read more]
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Daily Forecast Update: 10-year Treasury Note
Mon, 28 Dec 2009 11:28:37 -0500
Mortgage rates have been inching higher, though they still remain favorable...[read more]
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Did You Know: Size of Home Purchased
Mon, 28 Dec 2009 11:27:22 -0500
Did you know that the median size of homes purchased was 1,800 square feet. This is down slightly from 1,825 in the previous year?s survey?..[read more]
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Did You Know: Agent Compensation
Wed, 23 Dec 2009 11:26:36 -0500
Most agents, 81 percent, are paid by the sellers in full, while only a small share of agents, 4 percent, are paid by the buyers...[read more]
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Daily Forecast Update: New Home Sales, MBA Purchase Applications, Personal Income and Consumer Sentiment
Wed, 23 Dec 2009 11:17:21 -0500
Despite strong increases in existing home sales reported yesterday by NAR, new home sales continue to be very weak..[read more]
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New Data: Another Gain for Existing-Home Sales
Tue, 22 Dec 2009 10:16:54 -0500
Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit...[read more]
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Did You Know: Tenure in Home
Tue, 22 Dec 2009 10:16:25 -0500
Did you know that the median estimated tenure in their homes among homeowners is 10 years?..[read more]
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Daily Forecast Update: Snow Storm & Underwriting Standards
Mon, 21 Dec 2009 13:26:18 -0500
There are indications that banks are now willing to accept lower down payments...[read more]
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Did You Know: Characteristics of Internet Searchers
Mon, 21 Dec 2009 12:28:01 -0500
Did you know that home buyers who use the Internet to conduct their searches spend twice as much time looking for a home, and visit three times as many properties?..[read more]
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Daily Forecast Update: 10-year Treasury Note, Foreclosure Moratorium
Fri, 18 Dec 2009 12:23:01 -0500
Mortgage rates have been inching higher, though they still remain favorable...[read more]
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Did You Know: The First-Time Buyer
Fri, 18 Dec 2009 11:06:11 -0500
Did you know that first-time home buyers made up more than 50% of total buyers in October/November 2009?..[read more]
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Local Market Reports Explained
Thu, 17 Dec 2009 09:57:35 -0500
NAR Economist Ken Fears discusses the local market reports: what data is included and why, and how the reports relate to your market...[read more]
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Daily Forecast Update: Jobless Claims & Leading Indicators
Thu, 17 Dec 2009 09:57:01 -0500
The Leading Economic Index continues to show improvement that is in-line with positive growth in the economy for next year...[read more]
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Did You Know: Wind Energy Facilities and Property Values
Thu, 17 Dec 2009 11:34:53 -0500
Did you know that proximity to wind energy facilities does not have a significant impact on property values?..[read more]
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Economist's Commentary: Weak Industrial Demand Continues to Drive Up Vacancies
Wed, 16 Dec 2009 14:15:15 -0500
Weak industrial demand continues to drive up vacancies...[read more]
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Daily Forecast Update: MBA Purchase Applications & Consumer Price Index
Wed, 16 Dec 2009 14:14:46 -0500
Mortgage purchase applications remained low last week, even lower than for the same week in 2008...[read more]
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Did You Know: Market Confidence as Measured by the Realtors® Confidence Index
Wed, 16 Dec 2009 10:54:57 -0500
Did you know that in recent months Realtor® confidence in the home sales outlook has improved significantly?..[read more]
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Daily Forecast Update: PPI, More Liquidity for Commercial & Jumbo Mortgages, etc
Tue, 15 Dec 2009 16:21:16 -0500
Interest rates on commercial and jumbo mortgages may begin to inch down...[read more]
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Did You Know: Owner-Occupied Housing Units
Tue, 15 Dec 2009 11:45:03 -0500
Did you know that 75.3 million housing units were owner-occupied in the third quarter of 2009?..[read more]
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Did You Know: Household Net Worth
Mon, 14 Dec 2009 11:43:47 -0500
After seven consecutive quarters of decline, the net worth of households and non-profits increased for the second quarter in a row...[read more]
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Daily Forecast Update: Census Hiring, Less Maddening Short Sales
Mon, 14 Dec 2009 11:43:08 -0500
A short-term job boost is on the way, and sales of underwater homes could become less frustrating...[read more]
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Economist's Commentary: Multi-Family Demand Expected to Soften in Fourth Quarter
Mon, 14 Dec 2009 11:42:21 -0500
Increased home buying and a fairly steady supply of new apartments this year will contribute to softening in Q4...[read more]
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Daily Forecast Update: Retail Sales and Consumer Sentiment
Fri, 11 Dec 2009 14:48:59 -0500
Good news: Retail sales in November were up more than had been anticipated...[read more]
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Did You Know: Foreclosure and Short Sale Home Prices
Fri, 11 Dec 2009 10:33:00 -0500
Did you know that Realtors® reported that both foreclosures and short sales were selling at prices significantly below the market price?..[read more]
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Economist's Commentary: Retail Demand Improves as Retail Sales Make Modest Gains
Thu, 10 Dec 2009 15:36:14 -0500
Retail demand improves as retail sales make modest gains...[read more]
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Daily Forecast Update: Trade Deficit and Unemployment Claims
Thu, 10 Dec 2009 15:35:45 -0500
Good news: The U.S. trade deficit improved in November to approximately a $33B deficit...[read more]
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Did You Know: What is the Unemployment Rate?
Thu, 10 Dec 2009 10:32:04 -0500
Do you know what the unemployment rate actually represents?..[read more]
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Economist's Commentary: Commercial Fundamentals' Increase in New Office Space Drives Vacancy
Wed, 9 Dec 2009 14:52:34 -0500
The main driver of office space demand -- employment --continues to be in negative territory...[read more]
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Daily Forecast Update: Mortgage Purchase Applications
Wed, 9 Dec 2009 14:52:07 -0500
Record low mortgage rates and the first-time home buyer tax credit continue to draw demand...[read more]
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Did You Know: Contingent Closing Costs
Wed, 9 Dec 2009 14:51:38 -0500
Contingent closing cost offers on lower priced homes have not increased home prices in the current market...[read more]
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Economist's Commentary: Commercial Real Estate Mired in Quicksand despite Signs of Economic Recovery
Tue, 8 Dec 2009 14:42:04 -0500
Commercial real estate mired in quicksand despite signs of economic recovery...[read more]
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Daily Forecast Update: FHA Solvency
Tue, 8 Dec 2009 14:41:44 -0500
FHA mortgages may become more difficult to get due to possible changes in downpayment requirements, insurance fees, and/or credit scores of borrowers...[read more]
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Did You Know: Home Value
Tue, 8 Dec 2009 11:31:18 -0500
The characteristics that boost a home?s value the most are size, square footage, age, and the number of bathrooms and bedrooms...[read more]
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Daily Forecast Update: Consumer Credit
Mon, 7 Dec 2009 11:30:48 -0500
Today?s report highlights a continued contraction in consumer credit...[read more]
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Research Member Spotlight: Live from San Diego
Mon, 7 Dec 2009 15:32:23 -0500
See how some members we caught up with at the Annual Conference in San Diego are putting NAR research to use in their businesses...[read more]
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Economists' Commentary: Forecast for 2010
Mon, 7 Dec 2009 15:31:49 -0500
4.4 million Americans look to take advantage of the home buyer tax credit before it expires next year...[read more]
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Did You Know: Environmental Features
Mon, 7 Dec 2009 15:30:09 -0500
Did you know that commuting costs and environmental efficiency have increasingly factored into home buying decisions due to higher energy costs?..[read more]
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Daily Forecast Update: Employment, Freddie Mac, Construction Spending, etc
Fri, 4 Dec 2009 13:58:04 -0500
The unemployment rate fell unexpectedly to 10 percent in November...[read more]
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Economists' Commentary: The Long Road Home
Fri, 4 Dec 2009 13:57:34 -0500
The latest Local Market Reports are out; this commentary looks in-depth at the Phoenix market...[read more]
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Did You Know: A Forecasting Technique Focused on Three Numbers
Fri, 4 Dec 2009 12:00:11 -0500
Did you know the three numbers that professional forecasters frequently focus on when analyzing sales trends?..[read more]
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Did You Know: Internet Usage Trends
Wed, 2 Dec 2009 12:02:22 -0500
Did you know that 90% of home buyers use the internet to search for a home?..[read more]
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Did You Know: Purchase Price
Tue, 1 Dec 2009 15:42:49 -0500
Most buyers paid slightly less than the asking price for their homes--the median purchase price being 96 percent of the asking price...[read more]
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Daily Forecast Update: Pending Home Sales, ISM Index
Tue, 1 Dec 2009 15:42:17 -0500
Good news: consumers are eager to take advantage of the tax credit and historically low mortgage rates...[read more]
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Realtors®' Confidence Index: What You're Telling Us
Tue, 1 Dec 2009 15:41:36 -0500
Many Realtors® report that, in their pricing expectations, many buyers treat every property as if it were in foreclosure...[read more]
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Did You Know: Search Process
Mon, 30 Nov 2009 15:18:25 -0500
The length of the typical home search rose to 12 weeks in 2009, from 10 weeks in 2008...[read more]
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Daily Forecast Update: Chicago PMI
Mon, 30 Nov 2009 15:17:38 -0500
Job losses continue in the Midwest, but are lessening in intensity...[read more]
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Daily Forecast Update: EHS, Case Shiller, and FHFA House Price Index
Tue, 24 Nov 2009 15:47:42 -0500
For the first time since 2004, the purchase-only index showed better year-over-year appreciation than the all-transaction index...[read more]
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Did You Know: Price Over Time
Tue, 24 Nov 2009 11:39:45 -0500
Did you know that the housing price bubble is largely gone at the national level?..[read more]
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Economists' Commentary: Existing Home Sales in October
Mon, 23 Nov 2009 16:29:50 -0500
Existing home sales increased solidly for the second straight month, and by the largest percentage gain in a decade...[read more]
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Did You Know: Demographics of Home Buyers
Mon, 23 Nov 2009 15:22:06 -0500
Did you know that among first-time and repeat buyers there are nearly twice as many single female buyers as single male buyers?..[read more]
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Did You Know: Median Income of Homebuyers Using Mortgage Financing
Fri, 20 Nov 2009 13:55:26 -0500
Did you know that the median income of home buyers using mortgage financing was $71,600 in 2008?..[read more]
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Daily Forecast Update: Gold Prices, Mortgage Rates
Fri, 20 Nov 2009 13:55:02 -0500
Low mortgage rates continue to sustain favorable buying opportunities for clients...[read more]
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Did You Know: Loans to Purchase Vacation and Investment Homes
Fri, 20 Nov 2009 10:49:14 -0500
Did you know that according to the Home Mortgage Disclosure Act data (HMDA), loans to purchase vacation and investment homes declined 30% in 2008?..[read more]
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Daily Forecast Update: Jobless Claims, Delinquency Data
Fri, 20 Nov 2009 10:48:55 -0500
The tax credit should continue to help absorb and quickly clear off foreclosed properties...[read more]
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Commercial Real Estate Forecast Uncertain
Fri, 20 Nov 2009 10:48:12 -0500
Credit availability is the big unknown that will determine how soon commercial markets recover from the economic downturn...[read more]
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Did You Know: Median Loan Amount
Wed, 18 Nov 2009 10:01:20 -0500
Did you know that, with the real estate downturn, the median loan amount decreased 4% in 2008?..[read more]
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Good news: Consumers are willing to spend. The economy is boosted upward for this quarter.
Tue, 17 Nov 2009 13:34:05 -0500
(Nov. 17) According to Home Mortgage Disclosure Act data (HMDA), in 2008, only 3% of home buyers used junior lien loans (second mortgages) for home purchases, down from 13% in 2007...[read more]
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Did You Know: Government Sponsored Enterprises and Mortgage Markets
Mon, 16 Nov 2009 12:41:05 -0500
Did you know that Government Sponsored Enterprises (Fannie, Freddie, Ginnie, etc.) played increased roles in the mortgage markets in 2008?..[read more]
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Did You Know: VA Loan Usage
Fri, 13 Nov 2009 09:40:01 -0500
(Nov. 13) Did you know that VA guaranteed loan usage increased nationally from 3% in 2007 to 5% in 2008?..[read more]
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Did You Know: FHA Loan Usage
Thu, 12 Nov 2009 09:58:39 -0500
Did you know that FHA loan usage increased from 7% in 2007 to 25% in 2008?..[read more]
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Daily Forecast Update: Stocks and Interest Rates
Wed, 11 Nov 2009 13:00:54 -0500
U.S. Stocks opened higher today as economic news from China came in better than expected and investors liked the Federal Reserve's announcement of continued low interest rates...[read more]
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Did You Know: Loan Types Utilized
Wed, 11 Nov 2009 12:59:25 -0500
Did you know that in 2008 there was a sharp increase in government insured loans and a significant drop in conventional loans?..[read more]
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Daily Forecast Update: State Sales, Quarterly Metro Prices, etc
Tue, 10 Nov 2009 12:58:28 -0500
Today?s data on home sales is positive in most states...[read more]
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Did You Know: Number of Mortgage Loan Originations
Tue, 10 Nov 2009 12:57:06 -0500
Did you know that mortgage originations for home purchases in 2008 dropped by 23% compared to the previous year?..[read more]
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Did You Know: Share of Itemizing Tax Filers Taking the Mortgage Interest Deduction
Mon, 9 Nov 2009 12:55:09 -0500
Did you know that 90.2 percent of itemizing tax filers took the deduction in Alaska compared 22.8 percent of itemizing tax filers in Wyoming?..[read more]
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Daily Forecast Update: 10-Year Treasury, Gas Prices
Mon, 9 Nov 2009 12:54:01 -0500
Good news: the Treasury rate remains near historical lows...[read more]
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Economist's Podcast: Tax Credit and Market Forecast
Mon, 9 Nov 2009 12:44:52 -0500
NAR Chief Economist Lawrence Yun discusses the extended home buyer tax credit, and gives a market update...[read more]
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Daily Forecast Update: The Tax Credit, Employment
Fri, 6 Nov 2009 14:46:57 -0500
Good news: the home buyer tax credit will be available through the middle of next year and to more potential buyers...[read more]
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Did You Know: Single Person Households in 2008 vs. 2000
Fri, 6 Nov 2009 14:46:09 -0500
Did you know that, according to recent statistics released by the U.S. Census Bureau, living alone is becoming a norm?..[read more]
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Daily Forecast Update: Unemployment Insurance Claims, Employment Productivity
Thu, 5 Nov 2009 14:45:12 -0500
The decline in unemployment insurance claims provides a bright spot in this week's data...[read more]
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Did You Know: Number of Taxpayers Taking the Real Estate Tax Deduction
Thu, 5 Nov 2009 14:44:16 -0500
Did you know that the number of filers claiming a deduction for real estate taxes paid in each state varied from 55,928 in North Dakota to 5,344,121 in California?..[read more]
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Did You Know: Number of Taxpayers Taking the Mortgage Interest Deduction
Wed, 4 Nov 2009 14:43:07 -0500
Did you know that the number of taxpayers claiming a mortgage interest deduction in each state varied from 50,351 in North Dakota to 5,221,487 in California?..[read more]
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Daily Forecast Update: ADP Employment Survey, Mortgage Purchase Applications, and more
Wed, 4 Nov 2009 14:42:04 -0500
Mortgage purchase applications slipped for the second straight week despite a moderation in mortgage rates...[read more]
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Did You Know: Where the High-Income Tax Payers Are Located
Tue, 3 Nov 2009 13:48:48 -0500
Did you know that the number of tax returns filed with $200,000 or more in adjusted gross income ranges from 6,300 in North Dakota to 691,500 in California?..[read more]
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New Data: September Pending Home Sales
Mon, 2 Nov 2009 13:51:21 -0500
Pending home sales rose again, marking eight consecutive monthly gains--the longest streak since measurement began in 2001...[read more]
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Daily Forecast Update: ISM Index, Pending Home Sales
Mon, 2 Nov 2009 13:45:59 -0500
Home buyers continue to stay in the market and are signing contracts...[read more]
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Did You Know: Annual Income of REALTORS®, by Firm and Office Size
Mon, 2 Nov 2009 13:44:56 -0500
Did you know that members who work at smaller firms, those with less than 25 agents and brokers in either the office or the firm typically made below $40,000 in 2008?..[read more]
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Did You Know: Residential Vacancies
Fri, 30 Oct 2009 13:37:33 -0500
Did you know that national vacancy rates in the third quarter 2009 were 11.1 percent for rental housing and 2.6 percent for homeowner housing?..[read more]
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Daily Forecast Update: Personal Income, Consumer Sentiment
Fri, 30 Oct 2009 13:36:57 -0500
As expected, the consumer sector was weak in September, with both a drop in spending and no change in income...[read more]
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Economists' Commentary: Research Spotlight
Fri, 30 Oct 2009 13:35:16 -0500
This month NAR Research's Member Spotlight features Ohio REALTOR® Carol Murphy...[read more]
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Daily Forecast Update: GDP and Weekly Jobless Benefit Claims
Thu, 29 Oct 2009 17:00:31 -0400
The economy seems to be emerging from the recession. GDP is the broadest measure of economic activity, and the trend is up...[read more]
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Did You Know: Men's and Women's Earnings
Thu, 29 Oct 2009 16:59:12 -0400
According to the 2008 American Community Survey, for women, the median earnings were $35,471, or 77.9 percent of men's earnings...[read more]
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Daily Forecast Update: Mortgage Applications and New Home Sales
Wed, 28 Oct 2009 16:58:27 -0400
Mortgage applications for home purchases have been falling the past three weeks in October...[read more]
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Did You Know: Household Distribution and Housing Costs
Wed, 28 Oct 2009 16:57:31 -0400
Households in the bottom income quartile are most likely to face affordability problems...[read more]
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Daily Forecast Update: Consumer Confidence, Case/Shiller Index
Tue, 27 Oct 2009 16:56:33 -0400
There were many positive indicators in October, most notably the stock markets...[read more]
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Did You Know: Monthly Mortgage Payments
Tue, 27 Oct 2009 16:54:51 -0400
Under these assumptions, real monthly payments on a median priced house in 2008 were 20 percent below the 2006 peak...[read more]
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Did You Know: Cash-Out Refinancing
Mon, 26 Oct 2009 16:43:08 -0400
Did you know that the collapse of cash-out refinancing has left homeowners with less to spend?..[read more]
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Daily Forecast Update: Weekly Mortgage Rates & Federal Reserve
Mon, 26 Oct 2009 16:38:52 -0400
Mortgage rates edged higher for the second straight week, but remain at relatively low levels...[read more]
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New Data: Existing-Home Sales Show Big Rebound
Fri, 23 Oct 2009 16:35:46 -0400
Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in six months...[read more]
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Did You Know: Household Vehicle Travel
Mon, 26 Oct 2009 16:30:01 -0400
Did you know that center city dwellers used their cars much less than their suburban counterparts?..[read more]
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Economists' Commentary: Existing Home Sales in September
Fri, 23 Oct 2009 16:28:33 -0400
Sales surged in September...[read more]
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Did You Know: State Unemployment Rates
Thu, 22 Oct 2009 15:16:15 -0400
Did you know that Michigan continues to have the highest unemployment rate of any state at 15.3 percent?..[read more]
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Daily Forecast Update: Jobless Claims, FHFA Home Price, Beige Book, Conference Board Indicators
Thu, 22 Oct 2009 15:15:31 -0400
The Federal Reserve?s Beige Book notes that the real estate sector is one of the few bright spots in the economy...[read more]
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Did You Know: Median Household Income
Wed, 21 Oct 2009 13:02:45 -0400
Did you know that the real median household income in the United States fell 1.2% between 2007 and 2008, from $52,673 to $52,029?..[read more]
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Daily Forecast Update: Weekly Mortgage Applications
Wed, 21 Oct 2009 13:02:07 -0400
Higher mortgage rates and the approaching November 30th deadline for the tax credit seem to impact the market negatively...[read more]
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Commentary: Retail Properties Struggle with Low Sales, High Distress
Wed, 21 Oct 2009 10:21:36 -0400
Commercial retail space has been in a decline, following significant contractions in demand...[read more]
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Did You Know: Refinancing Stats
Tue, 20 Oct 2009 13:44:11 -0400
Homeowners who refinanced mortgages in the second quarter secured rates that were typically 20% lower than the original rate...[read more]
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Daily Forecast Update: Housing Starts and PPI Index
Tue, 20 Oct 2009 13:43:35 -0400
Low inflation allows lenders to loan money at lower rates without much fear of loss in purchasing power...[read more]
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Economist's Commentary: Industrial Sales Looking for Foothold
Tue, 20 Oct 2009 13:42:55 -0400
Investors are betting on a resurgence of warehouse space in the wake of low business inventories..[read more]
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Daily Forecast Update: CPI and Jobless Claims
Thu, 15 Oct 2009 11:45:53 -0400
The Labor Department announces that, for the first time since 1975, social security benefits will not increase based on cost-of-living...[read more]
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Did You Know: Walkability of Cities
Thu, 15 Oct 2009 10:49:05 -0400
Did you know that the walkability of cities translates directly into increases in home values?..[read more]
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Economist's Podcast: The Tax Credit and the Economy
Wed, 14 Oct 2009 16:06:58 -0400
NAR Chief Economist Lawrence Yun discusses reasons for renewing the tax credit and its impact on the economy...[read more]
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Daily Forecast Update: Retail Sales, Weekly Mortgage Applications
Wed, 14 Oct 2009 16:05:32 -0400
For stronger and more sustained retail sales, housing has to recover...[read more]
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Did You Know: Social Security to Pay for Housing
Wed, 14 Oct 2009 16:04:23 -0400
Did you know that households dependent on lower incomes or solely on social security payments in retirement are more like to spend more than half their income on housing?..[read more]
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Did You Know: Income Gains at Risk
Tue, 13 Oct 2009 17:02:34 -0400
Did you know that for the first time in decades workers under 55 are on track to end the decade earning less than their predecessors?..[read more]
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Daily Forecast Update: Retail Chain Sales
Tue, 13 Oct 2009 17:01:53 -0400
Good news! Consumers are opening their wallets at shopping malls...[read more]
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Economist's Commentary: Office Investments Grow in Third Quarter
Mon, 12 Oct 2009 15:11:27 -0400
With the number of distressed properties rising and prices falling, there are signs of activity in the office sector...[read more]
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Did You Know: Housing Construction
Fri, 9 Oct 2009 15:02:33 -0400
Did you know that the downturn in home building is the worst since World War II?..[read more]
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Daily Forecast Update: International Trade
Fri, 9 Oct 2009 15:02:00 -0400
Surprisingly, the trade deficit narrowed in August, for the first time in four months...[read more]
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Economists' Commentary: Unleashing Pent-Up Housing Demand and Sustainable Economic Recovery
Fri, 9 Oct 2009 15:01:20 -0400
Stabilization of home values is key to sustainable economic recovery; for this to occur, an extension on the home buyer tax credit is critical...[read more]
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Daily Forecast Update: Unemployment Claims, Consumer Credit
Thu, 8 Oct 2009 09:27:33 -0400
Although unemployment claims are still high, the number of people being added to the rolls continues to decline...[read more]
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Did You Know: Purchasing Power
Thu, 8 Oct 2009 09:26:56 -0400
Did you know that more than one-third of borrowers took out adjustable-rate mortgage (ARM) loans in 2004?..[read more]
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Did You Know: Property Values by State
Wed, 7 Oct 2009 16:32:32 -0400
Did you know that in 2008 Hawaii recorded the highest median value of owner-occupied homes--$560,200?..[read more]
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Daily Forecast Update: Mortgage Applications
Wed, 7 Oct 2009 16:31:54 -0400
Mortgage rates continue to be near historic lows at less than 5 percent...[read more]
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Economists' Commentary: Is the Tax Credit Working?
Wed, 7 Oct 2009 16:30:51 -0400
An extension of the current credit through the end of 2010 is expected to yield an additional 350,000 sales...[read more]
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Daily Forecast Update: 10-Year Treasury and Oil Prices
Tue, 6 Oct 2009 16:30:19 -0400
Good news: the Treasury rate continues to be at historic lows. The low rate bodes well for the cost of borrowing in other financial markets...[read more]
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Did You Know: Secondary Specialties of Residential Brokerage Specialists
Tue, 6 Oct 2009 15:13:25 -0400
Did you know what the top three secondary specialties among residential specialists are?..[read more]
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Did You Know: Housing Costs
Mon, 5 Oct 2009 15:33:48 -0400
Did you know the average decrease in housing costs for homeowners with mortgages was 0.3 percent between 2007 and 2008?..[read more]
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Daily Forecast Update: ISM Non-Manufacturing Index
Mon, 5 Oct 2009 15:32:45 -0400
Right now, the housing market is being supported by stimulus measures like the tax credit and low mortgage rates...[read more]
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Commentary: Moving in the Right Direction
Mon, 5 Oct 2009 15:30:02 -0400
New second quarter Metro Price Reports suggest that price stability and even modest growth is emerging...[read more]
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Daily Forecast Update: Employment
Fri, 2 Oct 2009 15:28:34 -0400
As many key economic indicators are showing improvement, employment is continuing to struggle...[read more]
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Did You Know: International Commercial Transactions
Fri, 2 Oct 2009 15:27:10 -0400
Did you know that seventy-four percent of all commercial members had no international transactions in 2008?..[read more]
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Did You Know: Work Hours and Time on Commercial Real Estate
Thu, 1 Oct 2009 15:19:32 -0400
Did you know that according to the 2009 Commercial Member Profile, nearly 9 in 10 commercial members work full-time in their career?..[read more]
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Daily Forecast Update: Pending Home Sales, Unemployment Claims
Thu, 1 Oct 2009 15:18:00 -0400
Home buyers are coming to the market to meet the tax credit deadline. Unfortunately, some will not make it because of longer closing processes due to appraisal issues and tighter underwriting standards...[read more]
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Did You Know: Foreclosures in Low-Income Neighborhoods
Wed, 30 Sep 2009 15:16:28 -0400
Did you know that while the recession has touched almost all households, minorities have been hit especially hard?..[read more]
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Economists' Commentary: Research's Member Spotlight
Wed, 30 Sep 2009 15:15:29 -0400
Each month, NAR Research will be spotlighting a member who has gone above and beyond in their use of Research data, surveys, and other products...[read more]
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Did You Know: Household Budgets
Tue, 29 Sep 2009 15:14:28 -0400
Did you know that in 2007, nearly three-quarters of severely cost-burdened households had low incomes?..[read more]
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Daily Forecast Update: Case-Shiller Price Index, Consumer Confidence
Tue, 29 Sep 2009 15:13:55 -0400
Case Shiller data from July are consistent with NAR data showing improvement in house prices in the last few months...[read more]
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Economist's Commentary: Multi-Family Investments Rise in Second Quarter
Tue, 29 Sep 2009 15:12:54 -0400
Amid signs of improvement in parts of the economy, commercial real estate continues to face downward pressure...[read more]
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Daily Forecast Update: Funds for Local Housing Agencies, Global Imbalance
Mon, 28 Sep 2009 15:12:12 -0400
Federal help to local housing finance agencies will permit more lending. If the borrowers stay well within budget, this will provide permit additional demand support for the housing market...[read more]
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Did You Know: Commercial Member Property Information Sources
Mon, 28 Sep 2009 15:10:02 -0400
Did you know that seventy percent of members use LoopNet, a California-based online listing service?..[read more]
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Realtors®' Confidence Index in August
Mon, 28 Sep 2009 15:09:07 -0400
NAR surveys REALTORS® monthly on market trends and conditions, making the information available in an on-line summary, The Realtors' Confidence Index...[read more]
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Did You Know: Commercial Member Business Specialties
Fri, 25 Sep 2009 11:09:51 -0400
Did you know that land sales were identified by 16 percent of commercial members as their primary business specialty?..[read more]
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Daily Forecast Update: Consumer Confidence, Residential Sales, and Durable Goods
Fri, 25 Sep 2009 11:09:19 -0400
We are making progress in emerging from the recession, but the recovery is still somewhat weak...[read more]
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Economists' Commentary: Existing Home Sales in August
Thu, 24 Sep 2009 14:24:20 -0400
We are ever so close to reaching that self-propelling housing market recovery...[read more]
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Did You Know: Commercial Member Income
Thu, 24 Sep 2009 14:23:42 -0400
Did you know that in 2008 the median gross annual income of commercial members was $99,900?..[read more]
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Did You Know: Commercial Member Experience
Tue, 22 Sep 2009 16:33:47 -0400
Did you know that among commercial members, the median years experience in real estate is 24?..[read more]
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Daily Forecast Update: Stock Market, Gold and Oil Prices
Tue, 22 Sep 2009 16:33:18 -0400
The rising stock market assures less cautious consumers, but the bigger boost to consumer spending will come from rising housing wealth...[read more]
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Did You Know: Commercial Member Demographics
Mon, 21 Sep 2009 16:26:58 -0400
Did you know that according to the 2009 Commercial Member Profile, the average commercial member is 56 years old?..[read more]
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Daily Forecast Update: Interest Rates, Home Buyer Tax Credit Extension
Mon, 21 Sep 2009 16:26:16 -0400
A sustainable economic recovery and changes in forecast will depend upon the extension of the first-time home buyer?s tax credit...[read more]
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Daily Forecast Update: Consumer Credit
Fri, 18 Sep 2009 11:13:09 -0400
With home values recently showing stabilization signs, gains in housing wealth are likely for 2010 and beyond...[read more]
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Did You Know: Home Equity Cashed Out
Fri, 18 Sep 2009 11:11:54 -0400
Did you know that home equity fell by $5.9 trillion in 2008, down 43% from the 2005 level?..[read more]
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Daily Forecast Update: Housing Starts & Unemployment Claims
Thu, 17 Sep 2009 15:58:24 -0400
Some restraint in new home construction is needed to allow time for existing housing inventory to be absorbed...[read more]
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Did You Know: Recession "Very Likely Over"
Thu, 17 Sep 2009 15:58:23 -0400
Did you know that Federal Reserve Chairman Bernanke has said that the recession is "very likely over?"..[read more]
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Daily Forecast Update: Mortgage Purchase Applications, Consumer Price Index, Industrial Production, Current Account Balance
Wed, 16 Sep 2009 16:27:05 -0400
Home sales continue to chug along at a healthy rate despite this week?s anomalous decline in mortgage applications...[read more]
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Did You Know: Non-Prime Lending
Wed, 16 Sep 2009 13:16:47 -0400
Did you know that more than 50% of loans originating in San Francisco, San Jose, and San Diego at the height of the housing boom included affordability features?..[read more]
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Did You Know: Household Tenure by Income
Tue, 15 Sep 2009 14:40:03 -0400
Did you know that in 2007 more than 90% of occupied households earning $120,000 or more were occupied by their owners?..[read more]
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Commentary: Multi-Family Vacancy to Rise
Tue, 15 Sep 2009 14:39:05 -0400
In light of rising vacancies in the third quarter, rent growth is expected to decline...[read more]
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Daily Forecast Update: Retail Sales, Producer Price Index
Tue, 15 Sep 2009 14:37:31 -0400
The rise in retail sales points to an improvement in consumer confidence...[read more]
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Did You Know: Energy and Environmental Concerns
Mon, 14 Sep 2009 14:37:32 -0400
Did you know the residential sector is responsible for about 21 percent of total energy consumption?..[read more]
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Economists' Commentary: Climbing Out of Recession
Mon, 14 Sep 2009 14:36:13 -0400
The world-wide economic recession is essentially over...[read more]
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Did You Know: Severely Burdened Households
Fri, 11 Sep 2009 14:34:38 -0400
Did you know that many severely burdened householders are actually employed, retired or disabled?..[read more]
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Daily Forecast Update: Imports & Exports, Wholesale Prices, Consumer Sentiment
Fri, 11 Sep 2009 14:33:43 -0400
he demand for U.S. wholesalers' goods has increased for the 3rd consecutive month and means wholesalers are clearing excess supply...[read more]
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Did You Know: Seriously Delinquent Mortgages
Thu, 10 Sep 2009 14:32:46 -0400
Did you know that seriously delinquent mortgages are so far concentrated among private label securities?..[read more]
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Daily Forecast Update: Unemployment Claims, Trade Deficit
Thu, 10 Sep 2009 14:31:14 -0400
Unemployment claims are still high but continue to abate in intensity. However, we can expect rising unemployment through the next year or so...[read more]
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Did You Know: REALTORS® and Designations
Wed, 9 Sep 2009 14:26:59 -0400
Did you know that the median gross personal income REALTORS® with at least one designation was $55,700 based on a 2009 survey?..[read more]
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Daily Forecast Update: Mortgage Applications, Beige Book
Wed, 9 Sep 2009 14:25:43 -0400
Buyers are taking advantage of record low interest rates and home prices, which is making homeownership more affordable now than ever...[read more]
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Did You Know: REALTORS® and Designations
Wed, 9 Sep 2009 09:57:06 -0400
Did you know REALTORS® who have a designation make significantly higher salaries?..[read more]
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Did You Know: Percent of Homes Financed
Tue, 8 Sep 2009 15:05:52 -0400
Did you know that among all buyers, the percentage of homes financed remained stable at 91 percent from 2006-2008?..[read more]
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Economist's Podcast: September 8, 2009
Tue, 8 Sep 2009 15:04:46 -0400
NAR Chief Economist Lawrence Yun shares his outlook on jobs and why a shift in consumer perspective is driving a stable housing market...[read more]
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Daily Forecast Update: Jobless Claims
Fri, 4 Sep 2009 13:31:49 -0400
People continue to struggle unemployment rises, curtailing spending on items large and small...[read more]
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Did You Know: Foreigner Financing of Purchased Property
Fri, 4 Sep 2009 13:23:59 -0400
Did you know that foreigners frequently pay cash in purchasing U.S. properties, rather than obtaining a mortgage?..[read more]
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Daily Forecast Update: Jobless Claims, ISM Index
Thu, 3 Sep 2009 13:19:48 -0400
Tomorrow's employment situation release will give a fuller picture of conditions, and economists expect the unemployment rate to creep up from its current 9.4 percent...[read more]
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Did You Know: Where Foreign Buyers Purchased Property
Thu, 3 Sep 2009 13:19:47 -0400
According to NAR?s recently released 2009 Profile of International Home Buying Activity, while foreign buyers purchased U.S. properties throughout the U.S., the two regions most popular were the South and West...[read more]
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Economist's Commentary: Industrial Rent Expected to Drop 11.4 Percent in 2009
Thu, 3 Sep 2009 13:19:46 -0400
The industrial sector underwent further contraction in the second quarter of the year...[read more]
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Did You Know: Median Price Paid by International Buyers Purchasing
Wed, 2 Sep 2009 13:18:35 -0400
Did you know that the median price paid for homes purchased by foreign buyers was $247,100 in 2008...[read more]
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Daily Forecast Update: Employment, Mortgage Applications
Wed, 2 Sep 2009 13:17:23 -0400
Although the economy is expected to show positive growth in the third quarter, unemployment is still expected to increase for approximately the next year..[read more]
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Economists' Commentary: Unemployment Claims- Duration and Exhaustion Rate
Wed, 2 Sep 2009 13:16:23 -0400
While the housing market and stock market are showing signs of recovery, unemployment remains high...[read more]
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Did You Know: Buyer Origin
Tue, 1 Sep 2009 13:15:18 -0400
According to NAR?s recently released The 2009 Profile of international Home Buying Activity, 31 percent of foreign purchasers of U.S. real estate were from Europe...[read more]
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Daily Forecast Update: Pending Home Sales, Construction, ISM
Tue, 1 Sep 2009 13:13:47 -0400
Home sales should continue their upward pattern as the real estate market moves into the early fall...[read more]
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Economist's Commentary: Office Vacancies Rise as Demand Declines
Tue, 1 Sep 2009 13:07:40 -0400
The economy closed the second quarter of the year with negative results, but with a hopeful outlook for the latter half of the year...[read more]
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Did You Know: Echo Boomers
Mon, 31 Aug 2009 09:21:30 -0400
Did you know that "echo boomers" will help keep demand strong for the next 10 years and beyond, bolstering the markets for rentals and starter homes...[read more]
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Quick Take: Personal Income & Consumption, Consumer Sentiment
Fri, 28 Aug 2009 09:20:29 -0400
Consumers remain fairly weakened by the economic crisis. The unemployment situation continues to make people more cautious when it comes to spending than usual...[read more]
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Did You Know: Who Worked at Home, by Income
Thu, 27 Aug 2009 09:19:12 -0400
Did you know that nearly one in three of the highest earners works at home on an average day compared to fewer than one in ten among the lowest earning groups?..[read more]
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Quick Take: Unemployment Insurance Claims, GDP
Thu, 27 Aug 2009 09:18:12 -0400
People receiving unemployment insurance declined this past week...[read more]
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Did You Know: Who Worked at Home?
Wed, 26 Aug 2009 09:16:06 -0400
Did you know that those who are self-employed were more than 3 times as likely as wage and salary workers to work at home on an average workday...[read more]
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Quick Take: New Home Sales, Mortgage Applications
Wed, 26 Aug 2009 09:16:05 -0400
The releasing of the pent-up demand should help continue to carry the momentum forward...[read more]
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Did You Know: Home Buyers by Marital Status
Tue, 25 Aug 2009 13:34:33 -0400
Did you know that married couples who purchased homes typically had a household income of $86,500?..[read more]
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Did You Know: Real House Prices
Mon, 24 Aug 2009 13:33:05 -0400
Home prices in many markets have retreated to pre-boom levels. In the Midwest, where house price appreciation was only modest during the boom, the setbacks have been especially large...[read more]
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Quick Take: Six Month Bill Auction
Mon, 24 Aug 2009 13:29:33 -0400
Today's auction for 6 month T-Bills produced an investment rate of .259%, compared to a rate of .279% on July 27 and .340% on June 22...[read more]
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Did You Know: Foreclosures in Once-Booming Markets
Fri, 21 Aug 2009 13:29:32 -0400
Foreclosure rates in California, Arizona, Nevada, and Florida surged from less than 0.9 percent at the start of 2007 to 5.9 percent by the end of 2008...[read more]
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Economists' Commentary: July Existing Home Sales
Fri, 21 Aug 2009 13:29:32 -0400
Existing home sales increased 7.2 percent from the prior month to a seasonally adjusted annual rate of 5.24 million units...[read more]
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Quick Take: Unemployment Claims, Leading Indicators
Thu, 20 Aug 2009 13:12:38 -0400
Higher unemployment stalls economic growth as consumers are apprehensive about making large purchases...[read more]
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Did You Know: Home Price-to-Income Ratio
Thu, 20 Aug 2009 11:42:09 -0400
Did you know that conditions are great for home buyers with a steady job and good financing?..[read more]
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New Economic Data: Commercial Leading Indicator
Wed, 19 Aug 2009 11:43:22 -0400
Although commercial real estate activity has been affected by the credit crunch, job losses and weak consumer spending, the decline appears to be slowing...[read more]
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Did You Know: Luxury Home Buyers and The Search Process
Wed, 19 Aug 2009 11:41:11 -0400
Did you know buyers who purchase luxury homes look for longer and at more homes?..[read more]
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Quick Take: MBA Weekly Index
Wed, 19 Aug 2009 11:40:15 -0400
Interest rates continue to be at levels that will support a recovery in the existing home sales markets nationwide...[read more]
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Did You Know: Homeownership by Income
Tue, 18 Aug 2009 11:38:11 -0400
Did you know that in the second quarter of 2009 homeownership rates, among households with income greater or equal to the median income, dropped more than for those with less than median income?..[read more]
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Economists' Commentary: International Property Markets
Tue, 18 Aug 2009 11:36:57 -0400
Like the United States, many world markets have seen increases in their property values and experienced a housing bubble and a subsequent bust in the past half a decade...[read more]
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Quick Take: Housing Starts and Producer Price Index
Tue, 18 Aug 2009 11:36:07 -0400
Overall, low inflationary pressure should mean continuing low mortgage rates, at least through the year's end...[read more]
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Did You Know: Homeownership by Race
Mon, 17 Aug 2009 11:31:58 -0400
Did you know that in the second quarter of 2009 homeownership rates dropped among all races?..[read more]
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Economists' Commentary: Months Supply - What's in a Number?
Mon, 17 Aug 2009 11:31:58 -0400
Months supply is one of the most insightful statistics used to describe the housing market. It gives a concise assessment of a market?s condition as of that point in time. What is the current supply figure telling us?..[read more]
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Quick Take: Housing Market Index (HMI)
Mon, 17 Aug 2009 11:31:57 -0400
The increased optimism by home builders is positive news for the economy as it tries to rebound from this deep recession...[read more]
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Did You Know: Who is Buying Homes More Than $500,000
Fri, 14 Aug 2009 14:03:32 -0400
Did you know that 19% of people who bought homes that were more than $500,000 were first-time buyers?..[read more]
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Quick Take: Consumer Price Index, Consumer Sentiment, Industrial Production
Fri, 14 Aug 2009 14:03:31 -0400
Consumers are still facing challenges of large job losses, weak income growth, falling home prices, and rising energy costs...[read more]
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Economists' Commentary: Greening Homes
Thu, 13 Aug 2009 14:26:31 -0400
Energy efficiency in the housing market is of growing interest to REALTORS® and consumers...[read more]
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Did You Know: Method Used To Find Real Estate Agent
Tue, 11 Aug 2009 13:51:50 -0400
Did you know that 38% of sellers were referred to their real estate agent by a friend, neighbor, or relative?..[read more]
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Economists' Commentary: Market Outlook for August
Tue, 11 Aug 2009 13:51:50 -0400
The recovery in the housing market will lay the foundation for a sustainable economic recovery...[read more]
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Economists' Commentary: Census Non-employer and NAR Membership Data
Mon, 10 Aug 2009 13:48:01 -0400
Being self-employed presents unique challenges to REALTORS®, for instance access to affordable health insurance and potentially volatile earnings...[read more]
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Quick Take: 10-Year Treasury, Oil Prices, Commercial Real Estate
Mon, 10 Aug 2009 13:48:01 -0400
Commercial real estate continues to struggle with mortgage debt refinancing. Extending TALF?s availability for CMBS purchases would provide a measure of relief...[read more]
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Did You Know: Making Compromises When Buying A Home
Fri, 10 Aug 2007 13:47:59 -0400
Did you know that 19% of recent buyers made some compromises or lowered their expectations about the price of the home they purchased?..[read more]
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Quick Take: Unemployment Claims, Fannie & Freddie Restructuring
Thu, 6 Aug 2009 13:45:38 -0400
Mortgage rates will naturally fluctuate but should remain generally favorable because of an active secondary mortgage market...[read more]
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Existing Home Sales: Market Remains Bifurcated
Thu, 6 Aug 2009 13:36:49 -0400
According to the Realtors® Confidence Index, distressed home sales have made up a smaller percentage of total sales in recent months...[read more]
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Quick Take: Purchase Apps, Employment Report, ISM Index, Short Sales and Factory Orders
Wed, 5 Aug 2009 13:36:09 -0400
Sizable job cuts suggest that Friday?s unemployment readings may reach up to 9.9 percent...[read more]
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Did You Know: How FSBO Sellers Will Sell Their Current Home
Wed, 5 Aug 2009 13:35:16 -0400
Did you know that thirty-eight percent of FSBO sellers who knew their buyer say that they would use a real estate agent to sell their current home?..[read more]
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Quick Take: Pending Home Sales, Income and Savings
Tue, 4 Aug 2009 15:13:17 -0400
Although the upturn in housing looks sustainable, the housing market is still far from being back to normal...[read more]
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New Economic Data: Uptrend Continues in Pending Home Sales
Tue, 4 Aug 2009 15:12:23 -0400
Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®...[read more]
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Did You Know: Importance of Environmentally Friendly Home Features
Mon, 3 Aug 2009 15:11:19 -0400
Did you know that forty-three percent of recent buyers considered a home?s heating and cooling costs very important?..[read more]
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Economists' Commentary: Commercial Investment Trends: Industrial
Mon, 3 Aug 2009 15:09:40 -0400
Although some businesses are considering production increase, it is likely that the industrial sector will remain relatively weak through 2009...[read more]
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Quick Take: ISM Manufacturing, Construction Spending
Mon, 3 Aug 2009 15:09:39 -0400
Although the manufacturing sector is still shrinking, there are signs that manufacturing growth may be in store in the months ahead...[read more]
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Economists' Commentary: Research's Member Spotlight
Thu, 30 Jul 2009 16:01:12 -0400
NAR Research spotlights a member who has used our data to better serve clients and share knowledge with other Realtors®: this month, Maria Wells...[read more]
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Did You Know: London Market Boosted by International Buyers
Thu, 30 Jul 2009 16:00:33 -0400
A weak pound has led to a massive increase in overseas buyers who are buying largely in central London...[read more]
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Quick Take: Unemployment Insurance Claims, The Beige Book
Thu, 30 Jul 2009 15:59:45 -0400
The economic decline seems to be slowing, and a few regions show signs of possible stabilization...[read more]
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Did You Know: Distance of Move to New Residence
Tue, 28 Jul 2009 16:58:33 -0400
Did you know that the typical homebuyer moved 15 miles from his or her previous residence?..[read more]
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Quick Take: Case-Shiller Index, Consumer Confidence
Tue, 28 Jul 2009 16:30:19 -0400
As the fall in housing prices slows, buyers who have been waiting for the right time may finally jump back into the market en masse...[read more]
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Economists' Commentary: Regional Round Up, Part 2
Tue, 28 Jul 2009 16:29:29 -0400
After nearly a decade-long housing boom, it took almost a year and a half for the pricing power to shift from sellers to buyers...[read more]
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Economists' Commentary: Regional Round Up, Part 1
Mon, 27 Jul 2009 13:44:25 -0400
Foreclosures are having a substantial impact in some markets, while unemployment is the primary concern in other locations...[read more]
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Did You Know: State Fiscal Conditions
Mon, 27 Jul 2009 13:42:43 -0400
Did you know that according to the Center on Budget and Policy Priorities, 47 states face shortfalls in fiscal year 2009 or 2010?..[read more]
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Quick Take: Consumer Sentiment and Jobless Claims
Fri, 24 Jul 2009 13:41:44 -0400
Consumer sentiment remains weak as people across the country are worried about job and income prospects..[read more]
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Did You Know: Homeowner Vacancy Rate
Fri, 24 Jul 2009 13:39:55 -0400
In 2008 the U.S. the homeowner vacancy rate was 2.8 percent, up from 1.6 percent in 2000...[read more]
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Did You Know: Home Ownership Rate by State
Thu, 23 Jul 2009 13:38:17 -0400
Did you know that the U.S. homeownership rate of 67.8 in 2008 is down from 69 percent in 2004, but up from 67.4 in 2000...[read more]
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Economists' Commentary: June Existing Home Sales
Thu, 23 Jul 2009 13:36:48 -0400
After four difficult years of a housing recession, the market is clearly healing...[read more]
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Did You Know: Gross Household Income of REALTORS®
Wed, 22 Jul 2009 13:35:53 -0400
The median gross household income for members in 2008 was $91,500...[read more]
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Quick Take: Weekly Mortgage Applications and FHFA Index
Wed, 22 Jul 2009 13:35:20 -0400
The mortgage applications (for purchase) index is still a trickle compared to just a year ago...[read more]
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Did You Know: Tenure at Firm
Tue, 21 Jul 2009 13:33:35 -0400
Did you know that the typical REALTOR® has been at his/her firm for five years?..[read more]
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Quick Take: The Fed's Independence
Tue, 21 Jul 2009 13:31:10 -0400
Mortgage rates are no longer at the rock-bottom rates of less than 5 percent. However, mortgages rates are still well under 6 percent - which can still be considered as being near 50 year lows...[read more]
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Economists' Commentary: Commercial Investment Trends--Retail Sector Struggles with Growing Distressed Sales
Mon, 20 Jul 2009 13:48:08 -0400
Consumer spending continues to decline, as rising unemployment and a prolonged recession force consumers to cut back. Against this backdrop, demand for retail space has been contracting...[read more]
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Did You Know: Sales Price and Urgency
Mon, 20 Jul 2009 13:50:24 -0400
Did you know that the typical home seller sold their home for 96 percent of the listed selling price?..[read more]
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Quick Take: Housing Starts and Bank Profits
Fri, 17 Jul 2009 13:27:26 -0400
While the number of jobs counted in jobless claims is lower, it does not tell the full story. Those who have stopped receiving benefits are no longer counted...[read more]
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Economists' Commentary: Finance 101--Compounding, Interest, and the Housing Market, Part 2
Fri, 17 Jul 2009 16:12:59 -0400
Home buyers who finance their purchase with a mortgage have options on how to pay the interest and principle borrowed that impacts how much they pay monthly, whether that payment changes, and how long it will take to pay off the mortgage...[read more]
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Did You Know: Buying a Home is a Good Financial Decision
Thu, 16 Jul 2009 16:13:00 -0400
Did you know Americans in their prime home buying years (ages 25 to 44) are more confident than any other age group that buying a home is a good decision?..[read more]
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Economists' Commentary: Finance 101--Compounding, Interest, and the Housing Market, PT 1
Thu, 16 Jul 2009 16:11:44 -0400
The effects of compounding interest can lead a consumer to undersave and underborrow...[read more]
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Did You Know: Compensation Structure for REALTORS®
Wed, 15 Jul 2009 16:07:56 -0400
Did you know that the dominant method by which REALTORS® are compensated is by percentage split commission?..[read more]
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Quick Take: CPI, Mortgage Applications, Industrial Production
Wed, 15 Jul 2009 16:03:44 -0400
The decline in the purchase index for mortgage applications is negative news; however, the lower rates and increase in refinances should be good overall for the housing market...[read more]
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Quick Take: 10-Year Treasury Yields and Mortgage Rates
Mon, 13 Jul 2009 16:03:45 -0400
Market timing for the cheapest mortgage rate will be tricky...[read more]
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Did You Know: Buying a Home Through an Agent
Mon, 13 Jul 2009 16:03:44 -0400
Eighty-one percent of recent home buyers purchased a home through a real estate agent or broker in 2008...[read more]
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Economists' Commentary: Changing Local Markets
Mon, 13 Jul 2009 15:56:13 -0400
NAR Research has released new Market Price Reports, which cover sales, price and affordability information for more than 150 markets...[read more]
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Quick Take: International Trade, Imports and Exports, Consumer Sentiment
Fri, 10 Jul 2009 15:56:12 -0400
In contrast to the positive trade news, consumer confidence is continuing to deteriorate with the sentiment index falling more than 6 points to 64.6 for middle of July...[read more]
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Did You Know: Level of Service Desired
Fri, 10 Jul 2009 15:56:12 -0400
More than four out of five sellers chose an agent who provided a broad range of services and managed most aspects of the sale...[read more]
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Quick Take: Unemployment Claims
Thu, 9 Jul 2009 09:58:24 -0400
The increase in continuing claims suggests that the labor market is very slack and that businesses are reluctant to hire new employees...[read more]
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Did You Know: Realtors® Language Fluency and Country of Birth
Thu, 9 Jul 2009 09:57:27 -0400
Did you know that nine percent of REALTORS® were born outside the United States?..[read more]
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Economists' Commentary: The Next Middle Class
Thu, 9 Jul 2009 09:56:24 -0400
Imagine the prospect of 30 to 50 million more people with disposable income and spending potential...[read more]
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Did You Know: City Expansion
Wed, 8 Jul 2009 15:05:08 -0400
Did you know that the growth rates of the biggest U.S. cities have increased as unemployment and the real-estate slump have slowed migration to the suburbs?..[read more]
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Economists' Commentary: First-Time Home Buyer Tax Credit Resources
Wed, 8 Jul 2009 15:05:07 -0400
NAR offers a wealth of information to help everyone make sense of the tax credit...[read more]
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Did You Know: Repeat Business and Referrals
Tue, 7 Jul 2009 14:58:16 -0400
Did you know that the average REALTOR ® earned 18 percent of his/her business from past clients and customers?..[read more]
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Economists' Commentary: Multi-Family Demand Increases in Second Quarter
Tue, 7 Jul 2009 14:58:16 -0400
The delinquency and foreclosure rates for residential loans continue to register increases...[read more]
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Did You Know: Size of Home Purchased
Mon, 6 Jul 2009 14:45:16 -0400
The recent American Institute of Architects AIA Home Design Trends Survey shows a shift in buying trends towards small homes...[read more]
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Quick Take: ISM Index, 10-Year Treasury
Mon, 6 Jul 2009 14:45:15 -0400
The lower 10-year treasury should mean that mortgage rates will remain in the mid-five percent range in the near term, which is historically fairly low...[read more]
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Economists' Commentary: On Appraisals--The Impact of HVCC
Mon, 6 Jul 2009 14:45:14 -0400
A preliminary analysis indicates that the implementation of the Home Valuation Code of Conduct (HVCC) appears to be having adverse impacts on the housing markets...[read more]
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Quick Take: The Job Market
Thu, 2 Jul 2009 12:00:31 -0400
The job market remains weak, but declines are occurring at a slower pace than in previous months...[read more]
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Did You Know: Interest Rates and Mortgage Pay Off
Thu, 2 Jul 2009 11:59:41 -0400
Did you know that lower mortgage rates enable a borrower to pay off a greater share of the loan much faster?..[read more]
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Economists' Commentary: Going Back to Plain Vanilla Financing
Thu, 2 Jul 2009 11:53:47 -0400
A recent Wall Street Journal article suggests that the new consumer protection agency will bring a return to plain vanilla financial products...[read more]
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Quick Take: PHS, Employment, Manufacturing, Construction Spending and Mortgage Applications
Wed, 1 Jul 2009 11:50:27 -0400
NAR?s pending home sales index increased for the fourth consecutive month, a hint that sales may have already reached bottom...[read more]
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Did You Know: Interest Rates and Yearly Payments
Wed, 1 Jul 2009 11:48:17 -0400
Did you know that today's mortgage rates, which have been between 5 and 5.5 percent, are generationally low...[read more]
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Did You Know: FSBO and Agent-Assisted Sales Price
Tue, 30 Jun 2009 11:44:59 -0400
Did you know that all sellers in the Home Buyer and Seller survey reported a median sales price of $204,900?..[read more]
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Economists' Commentary: Second Quarter Retail Demand Declines
Tue, 30 Jun 2009 11:43:42 -0400
The retail sector is trying to regain its footing due to the low level of consumer spending...[read more]
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Economists' Commentary: Office Demand Declines as Unemployment Rises
Mon, 29 Jun 2009 11:37:59 -0400
Accelerated by the financial crisis of 2008, employment in office-using sectors has been declining...[read more]
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Did You Know: REALTORS® Staying in the Field
Fri, 26 Jun 2009 11:37:58 -0400
Did you know that 73 percent of REALTORS® reported they were very certain they would stay active in the field?..[read more]
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Quick Take: Personal Income/Consumption, Consumer Sentiment
Fri, 26 Jun 2009 11:37:57 -0400
This marks the fourth consecutive monthly increase in consumer sentiment...[read more]
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Today's Quick Take
Thu, 25 Jun 2009 14:17:02 -0500
Today?s increase in jobless claims was unexpected as the pace in claims has been slowing...[read more]
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Did You Know: High End Homes by State
Thu, 25 Jun 2009 14:13:50 -0500
Did you know Connecticut had the highest percentage of homes valued at over a million dollars?..[read more]
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Distressed Property: Below Market Prices in a Bifurcated Market
Thu, 25 Jun 2009 14:13:09 -0500
The existing home sales market is currently bifurcated between distressed and non-distressed sales...[read more]
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Quick Take: Purchase Applications, Durable Goods Orders, New Home Sales
Wed, 24 Jun 2009 13:59:34 -0500
Overall, today?s economic news shows positive signs yet also indicates that the recovery will be slow...[read more]
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Did You Know: Homebuyers and Social Media
Wed, 24 Jun 2009 13:58:19 -0500
Did you know half of recent buyers are on social networking sites?..[read more]
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Economists' Commentary: State Fiscal Conditions and Property Taxes: 2009
Wed, 24 Jun 2009 13:56:35 -0500
States and local governments spend and raise money in a variety of ways. Understanding how your state raises revenue will help you understand how it might be affected by the down turn...[read more]
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Did You Know: Long Term Investment by Gender
Tue, 23 Jun 2009 12:49:39 -0400
Do you know how investors' views of long-term investment vary by gender?..[read more]
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New Economic Data: May Existing-Home Sales
Tue, 23 Jun 2009 12:49:39 -0400
Existing-home sales showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit...[read more]
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Quick Take: Credit Crunch Easing?
Mon, 22 Jun 2009 13:39:25 -0400
The credit market should not be considered back-to-normal until credit returns to all real estate loans...[read more]
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Did You Know: Long Term Investment Trends
Mon, 22 Jun 2009 13:39:24 -0400
How do perceptions of stocks, bonds, savings and real-estate vary in terms of long-tern investment?..[read more]
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Did You Know: Different Residential Property Tax Rates
Fri, 19 Jun 2009 13:38:02 -0400
Property taxes are an important component of state and local government funding...[read more]
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Quick Take: Appraisal Nightmare
Fri, 19 Jun 2009 13:34:55 -0400
The bottom line is that consumers today often pay more to order appraisals...[read more]
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Economists' Commentary: Industrial Vacancy Rate Rises in Second Quarter
Fri, 19 Jun 2009 13:34:54 -0400
The industrial sector is facing mounting economic pressure, compounding a general decline in demand...[read more]
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Did You Know: REALTOR® Business Expenses are Declining
Thu, 18 Jun 2009 13:32:29 -0400
The average total real estate business expenses are declining for all REALTORS®...[read more]
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Quick Take: Weekly Unemployment Claims and Conference Board's Leading Indicator
Thu, 18 Jun 2009 13:29:40 -0400
Economic recovery may occur this year according to today?s data...[read more]
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Economists' Commentary: The Realtors®' Confidence Index: Insight on Market Trends
Thu, 18 Jun 2009 13:29:39 -0400
The appraisal process has become a major problem, according to many respondents...[read more]
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Did You Know: Age of First-Time Homebuyers
Wed, 17 Jun 2009 14:22:24 -0400
Did you know that home affordability is opening the market to younger buyers?..[read more]
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Quick Take: Housing Starts, Producer Prices, Industrial Productivity
Tue, 16 Jun 2009 16:23:39 -0400
Declines in the producer price index and the capacity utilization rate suggest that deflation, and not inflation, is the immediate threat to the economy...[read more]
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Did You Know: Member Demographics
Tue, 16 Jun 2009 16:22:21 -0400
Did you know that as the housing market has changed so have NAR member demographics?..[read more]
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Quick Take: Housing Market Index
Mon, 15 Jun 2009 15:31:06 -0400
Mortgage rates have risen sharply the past few weeks, going from around 4.8 percent to almost 5.6 percent...[read more]
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Did You Know: Different Residential Assessment Standard
Mon, 15 Jun 2009 15:30:24 -0400
Did you know that property taxes are an important component of state and local government funding?..[read more]
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Economists' Commentary: Is the Stimulus Bill Too Small?
Mon, 15 Jun 2009 15:29:25 -0400
The application of Okun?s law suggests that the current spending bill is having less of an impact than is desirable...[read more]
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Did You Know: Home Improvement Projects
Fri, 12 Jun 2009 12:03:27 -0400
Did you know that the typical buyer spent $4,350 on home improvement projects within the first three months of their home purchase?..[read more]
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Quick Take: Mortgage Rates and Expanding Home Buyer Tax Incentives
Fri, 12 Jun 2009 11:38:11 -0400
It is vital for the Fed to not to lose sight of the importance of housing recovery...[read more]
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Economists' Commentary: FHA Mortgages vs. Subprime Mortgages
Fri, 12 Jun 2009 11:34:48 -0400
Both FHA and subprime mortgages have rising incidences delinquencies, but there is a significant difference in the foreclosures rates between the two...[read more]
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Quick Take: Retail Sales, Jobless Claims
Thu, 11 Jun 2009 15:57:51 -0400
Today?s news on better-than-expected jobless claims and growth in retail sales pushed stocks higher this morning...[read more]
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Did You Know: Home Types Purchased
Thu, 11 Jun 2009 15:57:24 -0400
Did you know that eighty-two percent of home buyers reported purchasing a detached single-family home?..[read more]
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Economists' Commentary: June Market Forecast
Wed, 10 Jun 2009 14:22:02 -0400
Lawrence Yun gives insight on what we can expect from the economy in June and for the rest of 2009...[read more]
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Did You Know: Location of Home Purchase
Wed, 10 Jun 2009 14:23:20 -0400
Did you know that the majority of buyers purchase homes located in suburban areas?..[read more]
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Quick Take: Trade Deficit, Mortgage Applications
Wed, 10 Jun 2009 14:24:03 -0400
The U.S. economy is currently in recession, and the export outlook does not appear to provide the stimulus it needs...[read more]
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Quick Take: Wholesale Trade
Tue, 9 Jun 2009 15:24:56 -0400
Wholesale trade continues on a downward trend...[read more]
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Did You Know: Most Desired Home Features
Tue, 9 Jun 2009 15:24:20 -0400
Did you know that the most desired home feature is central air conditioning?..[read more]
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Quick Take: Rising Mortgage Rates, Future Federal Reserve Chairman
Mon, 8 Jun 2009 15:01:53 -0400
Mortgage rates are almost certain to be higher this time next year, but the path is never a smooth line...[read more]
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Did You Know: Commercial Real Estate Market Survey
Mon, 8 Jun 2009 14:49:20 -0400
Did you know that in April, 43.79 percent of Commercial Realtors® reported financing as their market?s greatest challenge?..[read more]
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Quick Take: Employment Report
Fri, 5 Jun 2009 15:26:42 -0400
The pace of job losses was nearly cut in half in May in comparison to the prior six months of job losses...[read more]
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Did You Know: REALTORS® and Websites
Fri, 5 Jun 2009 15:26:41 -0400
Did you know that 60% of all REALTORS® reported having a Web site?..[read more]
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Did You Know: Magnet v. Sticky States
Thu, 4 Jun 2009 11:04:39 -0400
Did you know that Nevada is the top "magnet" state, while Texas is the top "sticky" state?..[read more]
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Did You Know: Demographics of Realtors®: Homeownership
Wed, 3 Jun 2009 11:35:05 -0400
Did you know that most members own their primary residence?..[read more]
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Quick Take: Mortgage Refinance Applications
Wed, 3 Jun 2009 11:15:46 -0400
Higher interest rates and a smaller pool of potential owners to refinance have precipitated a decline in refinancing activity...[read more]
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Did You Know: Affiliate Memberships
Tue, 2 Jun 2009 16:48:40 -0400
Did you know that a quarter of REALTORS® have an affiliate membership?..[read more]
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Quick Take: World Stock Market Upturn, Income and Consumption, ISM Index
Mon, 1 Jun 2009 16:49:44 -0400
Slow yet positive economic growth can be expected in the second half of this year. The growth will likely maintain its momentum going into 2010...[read more]
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New Economic Data: Pending Home Sales Rise
Tue, 2 Jun 2009 16:49:43 -0400
Bolstered by record low mortgage interest rates and the first-time buyer tax credit, pending home sales rise for the third consecutive month...[read more]
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Did You Know: Net Regional Migration
Mon, 1 Jun 2009 16:48:39 -0400
The largest net regional migration is between Northeast and South...[read more]
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Quick Take: Weekly Unemployment Claims, Durable Goods, and New Home Sales
Thu, 28 May 2009 15:23:09 -0400
April?s rebound of durable goods may be an indication that the overall economy is on the way to stabilization..[read more]
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Did You Know: Prior Careers of Realtors®
Thu, 28 May 2009 15:19:16 -0400
Did you know that of REALTORS® who held jobs in fields other than real estate, 19 percent were in business, management or finance?..[read more]
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Economists' Commentary: Distressed Real Estate--Prices Narrow in Bifurcated Market
Thu, 28 May 2009 15:19:16 -0400
In March ?09 distressed property sold at a discount of 20 percent to market, declining in April ?09 to a 9 percent discount relative to market...[read more]
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Economists' Commentary: Existing-Home Sales in April
Wed, 27 May 2009 15:19:15 -0400
Existing home sales rose 2.9 percent in April. Lawrence Yun discusses the EHS numbers in depth...[read more]
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New Economic Data: Existing-Home Sales Rise in April
Wed, 27 May 2009 15:24:00 -0400
Existing-home sales rose in April with strong buyer activity in lower price ranges...[read more]
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Did You Know: Demographics of Realtors®: Age
Tue, 26 May 2009 16:32:14 -0400
Did you know that the median age of REALTORS® is 54-years-old?..[read more]
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Quick Take: Case-Shiller Index, Consumer Confidence
Tue, 26 May 2009 16:31:16 -0400
Consumers seem to be more optimistic about the economy and job prospects, while still postponing big-ticket purchases...[read more]
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Jumbo Loans: Spotlight on Realtors®' Survey
Fri, 22 May 2009 14:38:47 -0400
The higher mortgage rates are taking a toll on the market for jumbo homes...[read more]
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Did You Know: Demographics of Realtors®: Gender
Fri, 22 May 2009 14:30:35 -0400
Did you know that sixty percent of Realtors® are female?..[read more]
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Quick Take: UK Ratings, US Debt & Bond Yields
Fri, 22 May 2009 14:32:59 -0400
A high deficit and unsustainable debt growth will harm the economy over the long haul...[read more]
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Did You Know: Real Estate Investments of Realtors®
Thu, 21 May 2009 14:29:57 -0400
Did you know that 40 percent of Realtors® noted that they owned other residential properties for investment?..[read more]
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Quick Take: Jobless Claims and Mortgage Rates
Thu, 21 May 2009 14:25:23 -0400
Low mortgages rates should induce buyers into the market, but economic questions continue to dog consumer confidence...[read more]
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Economists' Commentary: Realtors® Confidence Index: Insight on Market Trends
Thu, 21 May 2009 14:25:23 -0400
The RCI provides monthly information gathered from Realtors® concerning the existing home sales outlook measuring current and future housing activity...[read more]
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Did You Know: Realtors and Web Presence
Wed, 20 May 2009 14:38:41 -0400
Did you know that in 2008 three-fifths of all REALTORS® reported having a Web site?..[read more]
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Economists' Commentary: Commercial Leading Indicator
Wed, 20 May 2009 14:15:39 -0400
The preliminary value of NAR?s CLI declined sharply, suggesting rough waters ahead for the commercial real estate business...[read more]
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New Economic Data: Commercial Leading Indicator
Wed, 20 May 2009 14:17:42 -0400
The general economic downturn, complicated by a severe credit crunch in commercial real estate, is dampening commercial real estate activity...[read more]
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Quick Take: Housing Starts
Tue, 19 May 2009 15:54:08 -0400
A credit targeted only for new home buyers does not help to absorb the high level of existing-home inventory...[read more]
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Did You Know: Use of Technology
Tue, 19 May 2009 15:51:36 -0400
Did you know that technologies gaining popularity among Realtors® include smart phones, Instant Messaging, and GPS?..[read more]
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Quick Take: Home Market Index
Mon, 18 May 2009 15:49:28 -0400
We can expect muted growth in new homes as the inventory of existing homes still remains relatively high, and liquidity in this market is scarce...[read more]
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Quick Take: CPI, PPI, Consumer Sentiment, Jobless Claims, and Industrial Production
Fri, 15 May 2009 15:01:50 -0500
Consumers are more optimistic, especially about the future. This is good news for REALTORS®...[read more]
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Quick Take: Purchase Applications, Retail Sales, Import/Export
Wed, 13 May 2009 15:02:17 -0500
Although the mortgage rates are at historic lows, purchase applications have not shown significant improvements...[read more]
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Quick Take: Trade Deficit, Larger Budget Deficit
Tue, 12 May 2009 14:11:13 -0500
In coming months we should expect rising trade deficits to coincide with record budget deficits, commonly referred to as the 'twin deficits'...[read more]
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Did You Know: Types of Home Improvement
Mon, 11 May 2009 14:22:10 -0400
Did you know that the remodeling priorities were similar among first-time buyers, repeat buyers, and those who purchased previously owned residences?..[read more]
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Quick Take: Mortgage Rates, Oil Prices
Mon, 11 May 2009 14:20:52 -0400
If oil prices rise to $70 or $80 per barrel, then mortgage rates could also rise...[read more]
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Economists' Commentary: Commercial Real Estate Faces Threat from CMBS Delinquencies
Mon, 11 May 2009 14:16:12 -0400
Adding to a difficult situation, commercial real estate is facing another threat--rising Commercial Mortgage Backed Securities (CMBS) delinquencies...[read more]
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Did You Know: Amount Spent on Home Improvement
Thu, 7 May 2009 14:39:58 -0400
Did you know that the typical buyer spends $4,350 on home improvement projects within the first three months of purchasing a home?..[read more]
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Quick Take: Jobless Claims, Productivity, 10-Year Treasury
Thu, 7 May 2009 14:38:46 -0400
The decrease in the weekly jobless claims could point to a slowing of the decline...[read more]
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Did You Know: Home Improvement Projects
Wed, 6 May 2009 14:36:03 -0400
Did you know that 59 percent of home buyers took on home improvement projects within three months of purchasing their home?..[read more]
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Quick Take: Weekly Mortgage Applications, ADP Employment Report
Wed, 6 May 2009 14:34:57 -0400
Low mortgage rates and improved confidence should help sales in the second half of 2009...[read more]
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Economists' Commentary: Bank Stress-Tests
Wed, 6 May 2009 14:30:20 -0400
In February, the government began an evaluation of all domestic bank holding companies commonly referred to as a "stress test."..[read more]
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Did You Know: Business Generated from Web Site
Tue, 5 May 2009 14:29:34 -0400
Did you know that REALTORS® web site spending is correlated with both the number of online inquiries received and the percentage of business generated via the web site?..[read more]
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Quick Take: ISM Index
Tue, 5 May 2009 14:11:33 -0400
NAR predicts positive economic activity growth beginning in the third quarter of this year...[read more]
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New Economic Data: March Pending Home Sales
Mon, 4 May 2009 11:29:13 -0400
Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the National Association of Realtors®...[read more]
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Did You Know: Research is on Facebook?
Fri, 1 May 2009 12:29:36 -0400
Did you know that as of April 2009, Facebook has more than 200 million users? Now Research joins the social media trend...[read more]
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Quick Take: Commercial Mortgages, Sticky Property Tax, 10-Year Treasury, Manufacturing
Fri, 1 May 2009 12:28:16 -0400
More loans will become available for commercial real estate but residential mortgage rates could be creeping higher...[read more]
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Did You Know: Commercial Real Estate Market Survey
Thu, 30 Apr 2009 08:58:05 -0400
Did you know that in February, 2009, the most pressing challenge Commercial members reported facing was financing?..[read more]
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Quick Take: Personal Income and Consumption, Weekly Jobless Claims
Thu, 30 Apr 2009 08:56:56 -0400
Consumers have adapted to a weak job market by cutting back spending and increasing savings...[read more]
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Quick Take: GDP, Weekly Mortgage Applications
Wed, 29 Apr 2009 12:52:40 -0400
Dropping mortgage rates reflect the slow residential housing markets; however, the good news is that interest rates remain low...[read more]
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Economists' Commentary: Online Social Networking and Realtors®
Wed, 29 Apr 2009 12:50:54 -0400
As this medium of communication and information sharing grows, more Realtors® are getting involved and finding new uses for these tools...[read more]
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Quick Take: The Case/Shiller Price Index, Consumer Confidence
Tue, 28 Apr 2009 12:56:41 -0400
The latest updates on the Case/Shiller Price Index and consumer confidence figures, including information on the California and Nevada markets...[read more]
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Did You Know: Inflation Over Time
Tue, 28 Apr 2009 12:55:59 -0400
Did you know that core inflation has been remarkably stable for the last 20-30 years?..[read more]
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Quick Take: Monetary Exit Strategy
Mon, 27 Apr 2009 15:39:57 -0400
Inflation is nowhere in sight, but could easily pop up in a year or two...[read more]
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Did You Know: Prior Career of Realtors
Mon, 27 Apr 2009 15:39:57 -0400
Did you know that, most often, a Realtor's previous career was the business or management fields?..[read more]
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Quick Take: Durable Goods, New Home Sales, Home Price Dispute
Fri, 24 Apr 2009 15:57:51 -0400
A decline in durable goods orders is not good news for the economy, but a slowing in the rate of decline is a positive sign...[read more]
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Did You Know: Americans Who Moved in 2008
Fri, 24 Apr 2009 14:07:35 -0400
Did you know that the number of Americans who moved declined in 2008 to 35.2 million?..[read more]
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Economists' Commentary: March Existing-Home Sales Examined
Thu, 23 Apr 2009 14:11:07 -0400
Existing home sales fell in March, but the data still points towards stabilization...[read more]
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New Economic Data: March Existing-Home Sales Decline; First-Time Buyers Rise
Thu, 23 Apr 2009 16:12:08 -0400
Existing-home sales declined 3.0 percent, but first-time buyers are responding to low mortgage interest rates and tax credits.
View the data>..[read more]
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Did You Know: CPI and Inflation
Thu, 23 Apr 2009 14:11:55 -0400
Did you know that core inflation has historically remained in the 1 to 3 percent range?..[read more]
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Quick Take: Weekly Mortgage Rates
Wed, 22 Apr 2009 14:16:14 -0400
Despite the Easter holiday, trend housing demand remains surprisingly tepid given all of the financial incentives to buy in the current market...[read more]
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Did You Know: Compromise
Tue, 21 Apr 2009 11:40:34 -0400
Did you know that 19 percent of recent buyers made some compromises or lowered their expectations about the price of the home they purchased?..[read more]
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Quick Take: Short-Sale Lender Approval, Deflation Threat & the Dollar, $100 Million Savings
Tue, 21 Apr 2009 11:39:39 -0400
Though not perfect, a little relief is on the way in speeding up the short-sales process...[read more]
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Did You Know: Expected Tenure in Home
Mon, 20 Apr 2009 16:48:49 -0400
Among recent buyers, the median expected tenure is ten years, although a large number do not know how long they plan to stay in the home they purchased...[read more]
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Quick Take: Conference Board Leading Indicators
Mon, 20 Apr 2009 16:40:48 -0400
Economic recovery is not around the corner, according to today?s data. Any meaningful recovery will occur in the fourth quarter at the earliest...[read more]
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Did You Know: Interactive Median Home Price Map
Thu, 16 Apr 2009 15:53:46 -0400
Did you know that you can find out the median home price, the percent change from last quarter, and the average commute time for your area, using NAR's interactive maps?..[read more]
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Quick Take: Jobless Claims and Housing Starts
Thu, 16 Apr 2009 15:53:45 -0400
..[read more]
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Did You Know: House Price Indices
Wed, 15 Apr 2009 15:51:06 -0400
Did you know that there are four major home price indexes that market participants follow? Do you know what they are?..[read more]
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Quick Take: Purchase Applications, the CPI, Industrial Production and the Housing Market Index
Wed, 15 Apr 2009 15:51:00 -0400
Low prices are good for consumers who can also benefit from Fed?s attempt to unlock credit markets and perk up growth...[read more]
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Did You Know: Hours Worked Per Week
Tue, 14 Apr 2009 15:44:25 -0400
Did you know that sixty percent of REALTORS® worked at least 40 hours a week, and 15 percent worked 60 hours or more?..[read more]
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Quick Take: PPI, Retail Sales, and Bank Profits
Tue, 14 Apr 2009 15:44:24 -0400
Based on recent bank earnings releases, the consumer credit market appears to be improving...[read more]
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Did You Know: Firm Affiliations for Realtors®
Mon, 13 Apr 2009 12:52:56 -0400
Did you know that four out of five appraisers are affiliated with an independent non-franchised firm?..[read more]
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Did You Know: Where Home Buyers Found Their Homes
Fri, 10 Apr 2009 14:50:02 -0400
Did you know that 34 percent of recent buyers found the home they purchased through their real estate agent in 2008?..[read more]
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Economists' Commentary: Wealth Gain for Homeowners
Thu, 9 Apr 2009 14:45:48 -0400
Homeowners store wealth in a variety of places, but chief among the options is their primary residence...[read more]
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Quick Take: Jobless Claims, Mortgage Rates, and International Trade
Thu, 9 Apr 2009 14:45:48 -0400
The economic news out today shows a glimmer of hope that we might now be approaching a bottom of this recession...[read more]
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Did You Know: First Step in the Home Buying Process
Thu, 9 Apr 2009 14:45:31 -0400
Given the convenience of the internet, it is not surprising that one-third of buyers first searched for properties online...[read more]
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Did You Know: Most Difficult Task for a FSBO Seller
Wed, 8 Apr 2009 10:29:07 -0400
Did you know that two-thirds of FSBO sellers found some aspect of the home sale to be difficult?..[read more]
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Economists' Commentary: Commercial Real Estate--Multi-Family Investment
Wed, 8 Apr 2009 10:27:54 -0400
The multi-family sector, while more resilient, is feeling the effects of the economic recession...[read more]
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Quick Take: Consumer Credit
Tue, 7 Apr 2009 10:26:55 -0400
Consumer credit outstanding in February 2009 is 2.56 trillion, down from 2.58 trillion in July 2008...[read more]
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Did You Know: Aging Populations
Tue, 7 Apr 2009 10:25:45 -0400
Did you know that the group of metro areas gaining the most baby boomers are not typically associated with aging populations?..[read more]
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Quick Take: Long Term Interest Rates and Re-Defaulting Mortgages
Mon, 6 Apr 2009 10:24:48 -0400
The key to housing stabilization is whether or not there are sufficient buyers of foreclosed homes...[read more]
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Economists' Commentary: Fuzzy Housing Inventory
Mon, 6 Apr 2009 10:23:10 -0400
There is a lot of fuzziness in what exactly constitutes excess housing inventory. Lawrence Yun clarifies...[read more]
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Economists' Commentary: Affordability - Big Improvement in Most Markets
Fri, 3 Apr 2009 10:21:42 -0400
Affordability has been a major concern as home prices in some markets more than doubled earlier in the decade...[read more]
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Quick Take: Employment Report and the ISM Non-Manufacturing Index
Fri, 3 Apr 2009 10:18:30 -0400
Despite the negative job market report, the lower mortgage rates can trump the impact of job cuts on home sales...[read more]
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Did You Know: Immigrant Destinations
Fri, 3 Apr 2009 10:17:02 -0400
Did you know that metropolitan areas in the South in general are among the fastest growing immigrant destinations?..[read more]
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Quick Take: Weekly Unemployment Insurance and Mark-to-Market
Thu, 2 Apr 2009 10:04:05 -0400
Relaxing "mark-to-market" accounting rules is good news for the mortgage backed securities market...[read more]
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Did You Know: Shift in Growth Patterns
Thu, 2 Apr 2009 10:03:18 -0400
Did you know that Americans have one of the highest rates of within-country movement in the industrialized world?..[read more]
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Did You Know: Timing the Home Purchase
Wed, 1 Apr 2009 10:02:46 -0400
Did you know that fourteen percent of buyers were prompted to purchase a home when they did based on improved affordability?..[read more]
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Quick Take: Mortgage Applications, ISM Index, Pending Home Sales
Wed, 1 Apr 2009 10:00:17 -0400
Although record-low mortgage rates have not significantly jump-started the home buying activity, they have certainly tripped a surge in refinancing...[read more]
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Did You Know: Median Age of REALTORS®
Tue, 31 Mar 2009 09:59:30 -0400
Did you know that over time, the median age has remained relatively constant at 51 or 52?..[read more]
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Quick Take: Case/Shiller Price Index, Consumer Confidence
Tue, 31 Mar 2009 09:58:58 -0400
The low level of consumer confidence continues to be a drag on the housing market...[read more]
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Economists' Commentary: The Second Home Market in 2008
Tue, 31 Mar 2009 09:44:17 -0400
To assess the state of the vacation and investment buyers market in 2008, NAR Research recently released the latest survey of second-home buyers...[read more]
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Quick Take: Mortgage Rates, Second Home Activity
Mon, 30 Mar 2009 09:44:16 -0400
The mortgage rates have fallen below 5 percent to their lowest point in roughly 50 years...[read more]
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Did You Know: Vacation and Investment Property Sales
Mon, 30 Mar 2009 09:43:07 -0400
Did you know that in 2008, Vacation home sales fell 30.8 percent?..[read more]
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Economists' Commentary: How Home Sales Stimulate the Economy
Fri, 27 Mar 2009 09:42:15 -0400
The National Association of Realtors® estimates that each home sale at the median generates $63,101 of economic impact (2008)..[read more]
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Did You Know: Commercial Real Estate Outlook
Fri, 27 Mar 2009 09:40:47 -0400
Did you know that the retail sector is in contraction, fueled by the recession, mounting job losses and a sharp drop in consumer spending?..[read more]
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Quick Take: First-Time Unemployment Insurance Claims and Gross Domestic Product
Thu, 26 Mar 2009 13:10:49 -0400
For the week ending March 21, the Labor Department has reported that first-time claims for unemployment insurance rose by 8,000 from the previous week's revised figure of 644,000...[read more]
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Did You Know: 'Green' Features
Wed, 25 Mar 2009 16:34:05 -0400
With rising energy costs home buyers are increasingly aware of energy efficiency and other environmentally friendly features of homes...[read more]
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Quick Take: Mortgage Applications, New Home Sales, Advanced Manufacturers' Report
Wed, 25 Mar 2009 16:32:24 -0400
Mortgage applications registered a jump during this past week, but it was mostly pushed by refinancing activity...[read more]
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Economists' Commentary: Commercial Real Estate--Multi-Family
Wed, 25 Mar 2009 16:20:33 -0400
The multi-family sector is displaying softening, but positive fundamentals..[read more]
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Quick Take: Federal Housing Finance Agency (FHFA) House Price Index
Tue, 24 Mar 2009 16:42:37 -0400
Housing prices as measured by the FHFA house price index rose 1.7 percent from December to January...[read more]
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Did You Know: What Sellers Want Most
Tue, 24 Mar 2009 16:39:11 -0400
Did you know that sellers indicated that what they wanted most from their agent was help pricing their home competitively?..[read more]
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Economists' Commentary: On February Existing-Home Sales
Mon, 23 Mar 2009 14:32:05 -0400
Today's data of rising sales are likely to stand, though it is more susceptible to bigger revisions due to winter months...[read more]
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Did You Know: Where The High-Income Tax Payers Are
Fri, 20 Mar 2009 13:37:18 -0400
The share of returns at or over $200,000 ranges from 1.5 percent or less in Mississippi and West Virginia to greater than 5 percent in Washington, DC and Connecticut...[read more]
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Did You Know: Consumption and Income in the US
Thu, 19 Mar 2009 13:36:29 -0400
The relationship between income and consumption is more variable than that between wealth and consumption, but has averaged around 90 percent...[read more]
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Quick Take: Unemployment and the Conference Board Index
Thu, 19 Mar 2009 13:35:50 -0400
Federal efforts to stabilize the housing market will hopefully offset some of the deleterious effects of rising unemployment and reduced consumer demand...[read more]
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Economists' Commentary: Commercial Real Estate: Retail Investment
Thu, 19 Mar 2009 13:32:31 -0400
The retail sector is in contraction, fueled by the recession, mounting job losses and a sharp drop in consumer spending...[read more]
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Quick Take: Mortgage Applications, CPI, and the FOMC Meeting
Wed, 18 Mar 2009 13:31:28 -0400
Low inflation or even deflation is the risk the Fed sees for the economy and the CPI numbers support that...[read more]
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Did You Know: How Much Mortgage Interest Tax Filers Deduct
Wed, 18 Mar 2009 13:30:23 -0400
Did you know that more than $480 billion in mortgage interest was deducted from 2006 tax returns in the US?..[read more]
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Economists' Commentary: Commercial Real Estate: Retail Fundamentals
Wed, 18 Mar 2009 13:28:11 -0400
Consumer spending, the main driver of the economy over the past years, is in decline...[read more]
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Quick Take: Housing Starts, Building Permits and the Producer Price Index
Tue, 17 Mar 2009 13:26:58 -0400
Today's Quick Take examines the latest housing starts and building permits data as well as the new PPI release...[read more]
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Did You Know: Personal Consumption vs. Net Worth
Tue, 17 Mar 2009 13:25:50 -0400
Did you know that changes in net worth generally dwarf consumption related changes?..[read more]
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Economists' Commentary: Commercial Real Estate: Industrial Investment
Tue, 17 Mar 2009 13:20:46 -0400
Lack of consumer demand and diminished international trade is driving down industrial investments...[read more]
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Quick Take: Homebuilder Sentiment and Zero Down Payment Loans
Mon, 16 Mar 2009 15:46:54 -0400
Lawrence Yun examines homebuilder sentiment and zero down payment loan options...[read more]
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Did You Know: REALTOR® Referrals
Mon, 16 Mar 2009 15:45:32 -0400
Did you know that experienced REALTORS® business originates mostly from referrals?..[read more]
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Quick Take: Unemployment Insurance Claims and Retail Sales
Thu, 12 Mar 2009 15:30:53 -0400
It is not clear whether the retail sales figures mark a cessation in the downward trend of consumer spending, or are only a temporary development...[read more]
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Did You Know: Home Buyer Financing
Thu, 12 Mar 2009 15:30:52 -0400
Did you know that ninety-three percent of home buyers reported that they financed their home purchase with a mortgage?..[read more]
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Did You Know: REALTORS® Home Ownership
Wed, 11 Mar 2009 13:07:02 -0400
Did you know that, compared with a national homeownership rate of approximately 68 percent, 92 percent of REALTORS® own their home?..[read more]
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Quick Take: Mortgage Applications
Wed, 11 Mar 2009 13:05:19 -0400
Mortgage rates moved down during this past week, with consumers seeking mortgage refinances...[read more]
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Did You Know: REALTOR® Blogs
Tue, 10 Mar 2009 14:58:14 -0400
Did you know that nearly one in ten REALTORS® younger than 60 years of age has a blog?..[read more]
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Quick Take: Whole Sale Trade, Market-to-Market Accounting
Tue, 10 Mar 2009 14:56:18 -0400
Spotlight on wholesale trade and the needed step of relaxing mark-to-market accounting...[read more]
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Quick Take: Spotlight on Oil Price, Mortgage Interest Deduction Tweak
Mon, 9 Mar 2009 14:37:18 -0500
Spotlight on oil prices and more on why the mortgage interest deduction tweak is a bad idea...[read more]
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Economists' Commentary: Homes Sales-- A Bifurcated Market
Mon, 9 Mar 2009 14:59:52 -0400
Jed Smith, Managing Director, Quantitative Research, looks normal and distressed sales in the current housing market...[read more]
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Did You Know: REALTOR® Education
Mon, 9 Mar 2009 14:36:24 -0500
Did you know that overall, the education among REALTORS® exceeds that of the general population?..[read more]
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Did You Know: Relocation Reports
Fri, 6 Mar 2009 14:00:38 -0500
Did you know that Research produces Relocation Reports for hundreds of counties, free to members?..[read more]
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Quick Take: Employment and Mortgage Interest Deduction
Fri, 6 Mar 2009 13:58:59 -0500
Spotlight on the grim employment situation and why the mortgage interest deduction tweak is a bad idea...[read more]
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Economists' Commentary : Industrial Commercial Real Estate
Fri, 6 Mar 2009 13:58:02 -0500
Industrial real estate is experiencing a contraction...[read more]
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Did You Know: RCI By Region
Thu, 5 Mar 2009 13:57:05 -0500
Did you know that Realtors®' Confidence Index was highest in the Northeast in January?..[read more]
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Economists' Commentary: Commercial Real Estate--Office Investment
Thu, 5 Mar 2009 13:45:50 -0500
Office investment was down 75 percent in 2008...[read more]
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Quick Take: Productivity, Mortgage Rates, and Factory Orders
Thu, 5 Mar 2009 13:47:37 -0500
Spotlight on productivity, mortgage rates, and factory orders...[read more]
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Did You Know: Spanish Speakers
Wed, 4 Mar 2009 13:44:25 -0500
Did you know that 12.3 percent of people in the US speak Spanish at home?..[read more]
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Quick Take: Mortgage applications, jobless claims, and the ISM non-manufacturing index.
Wed, 4 Mar 2009 13:43:39 -0500
Mortgage applications, jobless claims, and the ISM non-manufacturing index...[read more]
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Economists' Commentary: Commercial Real Estate--Office Vacancies
Wed, 4 Mar 2009 13:43:03 -0500
The recession continues to take a toll on the commercial real estate sector, and the office market is feeling the pain...[read more]
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Did You Know: Veteran Population
Tue, 3 Mar 2009 13:42:08 -0500
Did you know that in 2007, Alaska had the highest percentage of Veterans in its civilian population at 15.4 percent?..[read more]
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Economists' Commentary: Pending Home Sales in January
Tue, 3 Mar 2009 13:41:06 -0500
Lawrence Yun gives his insight on the latest Pending Home Sales Index numbers and what they mean...[read more]
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New Research: Pending Home Sales January 2009
Tue, 3 Mar 2009 14:50:49 -0400
Pending home sales declined on the heels of a weakening economy and with some buyers waiting for clarity on housing stimulus provisions...[read more]
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Quick Take: Stock Market, Economic Outlook, and ISM Index
Mon, 2 Mar 2009 13:38:22 -0500
The stock market, economic outlook, and the ISM index examined...[read more]
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Did You Know: Environmental Concerns
Mon, 2 Mar 2009 13:12:30 -0500
Did you know that despite the dire state of the economy, 34 percent of American consumers are more likely to buy environmentally friendly products?..[read more]
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Did You Know: Realtors®' Confidence Index
Fri, 27 Feb 2009 13:11:55 -0500
Did you know that the Realtors® Confidence Index rose for the first time in eight months to 23.2?..[read more]
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Quick Take: Government Spending
Fri, 27 Feb 2009 13:10:57 -0500
Government spending has stepped into the void left by the private sector and will continue to do so for the foreseeable future...[read more]
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Quick Take: Unemployment and Economic Conditions
Thu, 26 Feb 2009 13:10:00 -0500
Unemployment continues to grow, as economic conditions worsen...[read more]
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Did You Know: Hours Spent at Home
Thu, 26 Feb 2009 13:07:36 -0500
Did you know that the average person spends 7.3 hours at home on any given day?..[read more]
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Economists' Commentary: Existing-Home Sales January 2009
Wed, 25 Feb 2009 13:06:13 -0500
January sales were low, no doubt due to worsening economic conditions...[read more]
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New Research: Existing-Home Sales January 2009
Wed, 25 Feb 2009 14:51:52 -0500
January Existing-Home Sales Fall, Inventory Down..[read more]
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Did You Know: Owner Occupancy
Wed, 25 Feb 2009 13:04:55 -0500
Did you know that 67.2 percent of occupied housing units are "owner-occupied" in the United States?..[read more]
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Did You Know: Time Spent at Home
Tue, 24 Feb 2009 13:01:31 -0500
Did you know that the average person spends half of any given day at home?..[read more]
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Quick Take: Consumer Confidence and the SP?Case Shiller Index
Tue, 24 Feb 2009 13:00:18 -0500
Spotlight on consumer confidence and the SP/Case-Shiller index...[read more]
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Did You Know: Housing Costs
Mon, 23 Feb 2009 12:56:58 -0500
Did you know that according to the 2007 American Community Survey, owners are spending more than 30 percent of their income on monthly housing costs?..[read more]
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Economists' Commentary: Economic Stimulus and the Foreclosure Prevention Plan
Mon, 23 Feb 2009 12:56:18 -0500
On February 17, President Obama signed into law the American Recovery and Reinvestment Act of 2009. Find out what this will mean for REALTORS®...[read more]
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Quick Take: Consumer Price Index, Producer Price Index and more. . .
Fri, 20 Feb 2009 12:55:06 -0500
Today's Quick Take looks a the Consumer Price Index, the Producer Price Index and Mortgage Rates...[read more]
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Did You Know: Newest Homes
Fri, 20 Feb 2009 12:53:35 -0500
Did you know that according to the 2007 American Community Survey, 3.3 percent of the houses in the U.S. were build in 2005 or later?..[read more]
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New Research: Commercial Real Estate Forecast: February
Thu, 19 Feb 2009 14:50:22 -0500
Commercial Real Estate Activity Continuing To Decline..[read more]
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Did You Know: Rising Global Trade
Thu, 19 Feb 2009 12:52:45 -0500
Did you know that international trade activity has been rising much faster than overall economic activity since 1980?..[read more]
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Quick Take: Mortgage Modification Plan, Unemployment Claims, and more. . .
Thu, 19 Feb 2009 11:00:15 -0500
Today's Quick Take discusses the details in the mortgage modification plan, unemployment claims, and the CLI...[read more]
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Did You Know: Distance of Moves
Mon, 9 Mar 2009 10:57:46 -0500
Did you know that overall, home buyers moved a median of 12 miles from their previous residence?..[read more]
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Quick Take: Mortgage Relief and Applications, and Housing Starts
Wed, 18 Feb 2009 10:56:27 -0500
Today's Quick Take discusses mortgage relief, mortgage applications, and housing starts...[read more]
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Did You Know: Working From Home
Tue, 17 Feb 2009 10:52:41 -0500
Did you know that nearly one-third of multiple job holders worked from home on an average workday in 2007?..[read more]
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Did You Know: First Time Home Buyers
Fri, 13 Feb 2009 10:31:43 -0500
Did you know that first time buyers make up 41 percent of purchasers?..[read more]
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Economists' Commentary: Home Sellers Seeking Professional Representation Rising
Thu, 12 Feb 2009 10:30:40 -0500
Anna Barlett takes a 'behind the scenes' look at FSBO transactions - and why they can appear misleading...[read more]
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New Research: Metro Area Home Prices
Thu, 12 Feb 2009 14:46:16 -0500
4th Quarter Metro Area Home Prices Down as Buyers Purchase Distressed Property..[read more]
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Quick Take: Unemployment Insurance, Retail spending and more. . .
Thu, 12 Feb 2009 10:29:54 -0500
Today's Quick Take looks at unemployment insurance claims, retail spending, Fannie Mae easing investor loan rules, and the home buyer tax credit...[read more]
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Quick Take: Mortgage Applications, International Trade, and more. . .
Wed, 11 Feb 2009 10:28:23 -0500
Today's Quick Take looks at mortgage applications, international trade, and the recently passed stimulus package...[read more]
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Did You Know: Environmentally Friendly Features
Wed, 11 Feb 2009 10:10:20 -0500
Did you know that with rising energy costs, home buyers are increasingly aware of energy efficiency and other environmentally friendly features of homes?..[read more]
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Quick Take: Stimulus Package, TARP Plans
Mon, 9 Mar 2009 10:09:30 -0500
Today's Quick Take discusses the stimulus package that was just passed, and the still murky TARP plans...[read more]
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Did You Know: US Dollar Getting "Stronger"
Tue, 10 Feb 2009 10:06:33 -0500
Did you know that recently amid the global financial crisis the dollar has rebounded against many foreign currencies?..[read more]
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Did You Know: Consumer Confidence
Tue, 10 Feb 2009 10:05:39 -0500
Did you know that Consumer Confidence hit a record low in January? Find out how this compares to previous records...[read more]
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Quick Take: Stimulus Package, TARP
Mon, 9 Feb 2009 10:04:13 -0500
Today's Quick Take discusses the stimulus package and TARP plans still being debated in the Senate, and the ten-year Treasury yield...[read more]
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Quick Take: Unemployment Statistics, Mortgage Rates
Mon, 9 Mar 2009 10:03:39 -0500
Today's Quick Take looks at Census Bureau employment statistics, and mortgage rates...[read more]
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Quick Take: Unemployment Insurance Claims, Manufacturers' Orders, and more. . .
Thu, 5 Feb 2009 10:00:18 -0500
George Ratiu examines unemployment insurance claims, manufacturers' orders, shipments and inventories, and a proposed Senate tax credit...[read more]
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Did You Know: The Misery Index
Mon, 9 Mar 2009 09:58:29 -0500
Jed Smith, Manager of Quantitative Research, examine the Misery Index...[read more]
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Did You Know: Housing Wealth Trend
Wed, 4 Feb 2009 09:57:43 -0500
Lawrence Yun, NAR's Chief Economist, looks at trends in housing net equity...[read more]
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