WASHINGTON (November 24, 2015) — Sustained job growth throughout the country and improving credit conditions are forecast to help keep commercial real estate activity expanding into next year, but property prices are likely to slightly cool off after reaching their peak in some major markets, according to the National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast by Realtors® to decrease 0.8 percent to 14.8 percent over... Read More
WASHINGTON (November 23, 2015) — With mortgage rates remaining below 4 percent for the third straight month, existing-home sales in October were at a healthy pace but failed to keep up with September's jump, according to the National Association of Realtors®. All four major regions saw no gains in sales in October.
In this video, Mr. Thomas Barthold of the Joint Committee on Taxation talks about the dynamic scoring method that integrates macroeconomic and behavioral impacts, the issues related to using the methodology, and the implications for tax legislation, particularly as related to real estate.
In this video, Dr. Alessandro Rebucci, Assistant Professor in the research track at the Johns Hopkins Carey Business School, talks about how U.S. prices have rebounded compared to other economies and how international flows, especially from Canada, Europe, and Asia affect U.S. housing demand.
In this video, Dr. Jordan Rappaport, Senior Economist with the Federal Reserve Bank of Kansas City, discusses the demographic trends and preferences of millennials and baby boomers driving multifamily housing demand.
In this video, NAR Economist Ken Fears talks about his proposal for a Blended Rate Equity Driver (BRED) mortgage, a new mortgage product that would give homeowners more options and puts more equity in their pockets.
Ken Fears is NAR's Director of Regional Economics and Housing Finance.
This report contains information from the 2015 Profile of Home Buyers and Sellers about buyers in subregions of the United States. The data comes from a survey of people who bought a home between July 2014-June 2015.More Information
This report contains information from the 2015 Profile of Home Buyers and Sellers about specific buyer types. The data comes from a survey of people who bought a home between July 2014-June 2015.More Information
- Read Highlights from the 2015 Profile of Home Buyers and Sellers.
- Buy the full 2015 Profile of Home Buyers and Sellers from the ... Read More
SAN DIEGO (November 14, 2015) – The wave of new millennial homebuyers is just beginning, and Realtors® should prepare themselves now by adapting to buyers' housing preferences, use of technology and demand for environmentally friendly features. That's according to speakers at a buyer preferences forum organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies here at the 2015... Read More
These slides were presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues & Trends Forum at the REALTORS® Conference & Expo in San Diego, CA, on November 13, 2015.
WASHINGTON (November 13, 2015) — While commercial real estate has been steadily recovering in recent years, industry experts expressed concern that prices may have reached a peak during the Commercial Economic Issues and Trends Forum at the 2015 REALTORS® Conference & Expo.
Lawrence Yun, NAR chief economist, said the fundamentals of the commercial real estate market have been gradually improving and this has led to prices rising to new peaks.
"... Read More
These slides are from NAR Chief Economist Lawrence Yun's economic and housing outlook presentation from the NAR Annual Meeting in San Diego, CA, on November 13, 2015.
WASHINGTON (November 12, 2015) — The encouraging lift–off in existing–home sales amidst ongoing inventory shortages kept home prices rising in most of the country during the third quarter, but overall price appreciation slowed to a healthier pace, 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... Read More
For most home buyers, the purchase of real estate is one of the largest financial transactions they will make. Buyers purchase a home not only for the desire to own a home of their own, but also because of changes in jobs, family situations, and the need for a smaller or larger living area. This annual survey conducted by the NATIONAL ASSOCIATION OF REALTORS® of recent home buyers and sellers provides insight into detailed information about their experiences with this important transaction. Here are highlights from the latest report.
- At 30 percent, the primary reason... Read More
WASHINGTON (November 5, 2015) — The share of first–time buyers declined for the third consecutive year and remained at its lowest point in nearly three decades as the overall strengthening pace of home sales over the past year was driven more by repeat buyers with dual incomes, according to an annual survey released today by the National Association of Realtors®. The survey additionally found that nearly 90 percent of all respondents worked with a real estate agent to buy or sell a home; which pushed for–sale–by–owner... Read More
Jessica Lautz, NAR's Director of Survey Research and Communications, discusses the findings from the 2015 Profile of Home Buyers and Sellers.