Syndicate

Syndicate content

Real Estate News

Existing-Home Sales on Course for Best Year since 2006, Student Loan Debt Slowing Prospective Buyers

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

WASHINGTON (May 12, 2016) – Relentless supply constraints and home price growth outpacing wages are testing the patience of homebuyers this year, but existing-home sales are still on track to come in at their highest pace since 2006, according to an economic forecast forum here at the 2016 REALTORS® Legislative Meetings & Trade Expo

Lawrence Yun, chief economist of the National Association of Realtors®, presented his midyear economic and... Read More

Categories: Statistics

RealScout Joins REach® Accelerator Class of 2016

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

WASHINGTON (May 11, 2016) – Second Century Ventures, the strategic investment arm of the National Association of Realtors® has accepted RealScout, an agent-branded web and mobile platform, as the eighth company in its 2016 REach® accelerator class. Last month, SCV announced seven other companies had been chosen to be part of the fourth class.

The REach® accelerator program helps introduce innovative... Read More

Categories: Statistics

HUD Secretary Castro, Panelists Discuss Housing Opportunities for Young Adults Repaying Student Debt

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

WASHINGTON (May 10, 2016) — Struggles exist for many young adults trying to become homeowners, and the burden of repaying their student loan debt is in part delaying their ability to buy, according to speakers at a regulatory issues forum on student debt and homeownership at the 2016 REALTORS® Legislative Meetings & Trade Expo.

The high-profile session discussing the impact student loan debt is having on young households' ability to purchase homes was keynoted by U.S. Housing and Urban Development Secretary Juli... Read More

Categories: Statistics

April 2016 Foot Traffic

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Lockboxes made by SentriLock, LLC. are used in roughly a third of home showings across the nation. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future. This infographic shows the latest index data along with trends and changes.

Categories: Statistics

Survey of Mortgage Originators, First Quarter 2016

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07
Highlights:
  • Non‐QM lending tumbled in the 1st quarter from already anemic levels as investor demand for non‐QM loans retreated, but lenders expected it to improve modestly over the next six months.
  • Credit access in general is expected to rise over the coming six months driven by gains in prime and near prime lending.
  • The share of transactions delayed due to TRID was slashed from 8.3 percent to just 1.8 percent with no cancellations due to TRID.
  • Respondents continue to advise for longer rate locks, but nearly three quarters... Read More
Categories: Statistics

Metro Home Prices Maintain Steadfast Growth in First Quarter

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

WASHINGTON (May 9, 2016) — An uptick in sales activity amidst meager supply levels upheld the trend of unwavering price gains in an overwhelming majority of metro areas during the first quarter of the year, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price increased in 87 percent of measured markets, with 154 out of 178 metropolitan statistical areas1 (MSAs) showing gains based on closed sales in the first quarter... Read More

Categories: Statistics

Millennial Attitudes to Homebuying by Region

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

We’ve all heard someone say that millennials don’t see the value of buying a home, and that they will remain renters forever; both claims are refuted by research from the National Association of REALTORS®, which found that millennials both see the financial value in homeownership and want to own someday. However, it is true that these attitudes vary a bit by region. According to NAR’s most recent Housing Opportunities and Market Experience (HOME... Read More

Categories: Statistics

Veterans and Active Military Home Buyers and Sellers Profile

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

In the 2015 Profile of Home Buyers and Sellers, for the first time recent buyers and sellers were asked the following in the questionnaire: “Are you or your spouse or partner currently: 1) an active-duty service member; 2) a veterans; or 3) neither.” Of all home buyers, 18 percent identified as veterans and three percent as active-military. Of all home sellers, 21 percent identified as veterans and one percent as active-military. Collecting the question allowed greater insight into how each population of buyers and sellers differs and is similar to those who have never served... Read More

Categories: Statistics

NAR Survey : Active Military Homebuyers Purchase at Younger Ages, Buy Larger and More Expensive Homes

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

WASHINGTON (May 3, 2016) – Differences in household demographics and affordable financing options spur homebuying demand for young active-service military members, causing them to significantly outpace the share of non-military homebuyers under the age of 35, according to the first-ever 2016 Veterans & Active Military Home Buyers and Sellers Profile, which evaluates the differences of recent active-service and veteran home buyers and sellers1... Read More

Categories: Statistics

Veterans and Active Military Home Buyers and Sellers

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

The data in this infographic is taken from the Veterans and Active Military Home Buyers and Sellers Profile.

More Information
Categories: Statistics

Housing Market Summary for March 2016

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

Using data taken from our Existing-Home Sales, Pending Home Sales, the REALTORS® Confidence Index and Foot Traffic Index, this infographic looks at what the housing market was doing in March and provides insight into the months ahead.

Categories: Statistics

Pending Sales in March Hold Steady, But Affordability Hurts West

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

In this video, NAR Chief Economist Lawrence Yun talks about March 2016 pending homes sales for the country and by region, and about gains in job creation.

More Information
Categories: Statistics

Pending Home Sales Maintain Momentum in March

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

WASHINGTON (April 27, 2016) — Pending home sales increased slightly in March for the second consecutive month and reached their highest level in almost a year, according to the National Association of Realtors®. Only the West region saw a decline in contract activity last month.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 1.4 percent to 110.5 in March from an downwardly revised 109.0 in February and is now 1.4 percent above March 2015 (109.0). After last month’s slight... Read More

Categories: Statistics

Existing-Home Sales Spring Ahead in March

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

National Association of REALTORS® Chief Economist Lawrence Yun talks about the increase in sales of existing homes in March 2016.

Categories: Statistics

Quiz: Commercial Real Estate Lending Trends

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

The information from this quiz was taken from the NAR report Commercial Real Estate Lending Trends.

Categories: Statistics

The Federal Reserve and the Real Estate Market

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

The Federal Reserve and the monetary policy it conducts have garnered much attention in the post crisis world. Did the Fed’s actions avert economic catastrophe? Is the Fed’s current policy putting the US economy on a sustainable path to prosperity? Are legislative proposals aiming to reform the Fed wise or will they impinge on the central bank’s independence? What do these considerations mean for inflation, interest rates, and the real economy, particularly the interest rate-sensitive real estate sector? In this talk, Dr. Allan Meltzer addresses these questions and shares... Read More

Categories: Statistics

Commercial Lending Trends Survey

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07
Highlights
  • Commercial real estate (CRE) notched another year of growth in 2015, favored by continued macroeconomic growth and broadening capital markets.
  • Commercial vacancy rates declined for the core property types. Availability is expected to continue contracting for office, industrial and retail properties in 2016.
  • Vacancies for apartments are estimated to rise, due to gains in supply.
  • Commercial rents have risen across the board, and are projected to advance this year in the 2.5 percent to 4.0 percent range.
  • ... Read More
Categories: Statistics

March 2016 Existing-Home Sales

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

See a larger version of the infographic.

The information in this infographic is from March 2016 Existing-Home Sales data.

See more data.

Read the news release about this data.

Categories: Statistics

Existing-Home Sales Spring Ahead in March

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

WASHINGTON (April 20, 2016) — Bolstered by big gains in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago, according to the National Association of Realtors®.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 5.1 percent to a seasonally adjusted annual rate of 5.33 million in March from a downwardly revised 5.07 million in February.... Read More

Categories: Statistics

Tax Day 2016

NAR: Research Headlines from Realtor.org - Sat, 08/20/2016 - 11:07

Did you know that real estate deductions helped tax payers save roughly $100 billion in 2013?

Categories: Statistics

Poll

What contributed most to the subprime crisis?: