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Quiz: Real Estate Firms in 2015

August 26, 2015

How much do you know about the business of real estate firms? Take this quiz and find out.

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Commercial Expectations for Third Quarter 2015

August 26, 2015

The information in this infographic is from NAR's third quarter commercial forecast report.

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REALTORS® Confidence Index

August 26, 2015
Highlights
  • The confidence indices for current conditions and the six-month outlook for single-family, townhome, and condominium properties all declined slightly —indicative of a slowing market.
  • The indices are, however, well above the levels of a year ago.
  • Responses indicate tight supply across many local markets.
  • Properties stayed on the market longer at a median of 42 days nationally. -First-time home buyers accounted for 28 percent of sales. Cash
    sales made up 23 percent of sales.
  • Respondents noted... Read More

July 2015 Existing-Home Sales

August 26, 2015

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The information in this infographic is from July 2015 Existing-Home Sales data.

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Read the news release about this data.

Existing-Home Sales Maintain Solid Growth in July

August 26, 2015

WASHINGTON (August 20, 2015) — Existing-home sales steadily increased for the third consecutive month in July, while stubbornly low inventory levels and rising prices are likely to blame for sales to first-time buyers falling to their lowest share since January, 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, increased 2.0 percent to a seasonally... Read More

The Measurement of Rent Inflation

August 26, 2015

Rents, including what tenants pay to landlords and what homeowners implicitly pay to themselves, have very large weights in US measures of consumer price inflation.  In this video, Dr. Richard Peach discusses how the Bureau of Labor Statistics estimates these two measures of rent inflation in the consumer price index, presents alternative estimates based on a different data base, and concludes by presenting evidence that lower income households face much higher rent inflation than do upper-income households.

Dr. Peach is a Senior Vice President in the Macroeconomic and Monetary... Read More

Spring’s Mortgage Market Thaw Continues This Summer

August 26, 2015

In the second quarter of 2015, lenders continued to expand access for borrowers. Despite a decline in the share of production that was non-QM, an increasing share of lenders offered non-QM and rebuttable presumption loans. This trend points to easing of standards in the jumbo space as well as a thaw in the lower credit score portion of the conventional and FHA markets. A sharp uptick in interest from mortgage investors appears to be creating an outlet for this demand.

August 2015 Mortgage Originators Survey

August 26, 2015
Highlights:
  • The non-QM share of originations shrank again to just 0.8 percent of production in the second quarter, while the rebuttable presumption share expanded to 5.5 percent.
  • While willingness to originate non-QM and rebuttable presumption loans eased, the share of lenders offering these products increased dramatically.
  • For the second consecutive quarter, the share of respondents indicating an increase in investor demand for non-QM loans surged reaching 46.2 percent.
  • Over the next six months, respondents expect access to... Read More

Did You Know? Recruitment of Sales Agents

August 26, 2015

The National Association of REALTORS® Profile of Real Estate Firms is based on a survey of firm executives who are members of the National Association of REALTORS®. The report provides insight into the business characteristics, business activity, franchised firms, benefits and education at firms, and the future outlook of firms.

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Did You Know? Expectations of Profitability

August 26, 2015

The National Association of REALTORS® Profile of Real Estate Firms is based on a survey of firm executives who are members of the National Association of REALTORS®. The report provides insight into the business characteristics, business activity, franchised firms, benefits and education at firms, and the future outlook of firms.

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Did You Know? Competition in the Next Year

August 26, 2015

The National Association of REALTORS® Profile of Real Estate Firms is based on a survey of firm executives who are members of the National Association of REALTORS®. The report provides insight into the business characteristics, business activity, franchised firms, benefits and education at firms, and the future outlook of firms.

More Information About Real Estate Firms

Did You Know? Biggest Challenges Cited for Real Estate Firms

August 26, 2015

The National Association of REALTORS® Profile of Real Estate Firms is based on a survey of firm executives who are members of the National Association of REALTORS®. The report provides insight into the business characteristics, business activity, franchised firms, benefits and education at firms, and the future outlook of firms.

More Information About Real Estate Firms

Economic and Real Estate Outlook

August 26, 2015

These slides are from NAR Chief Economist Lawrence Yun's economic and real estate outlook presentation from the Leadership Summit in Chicago, IL, on August 10, 2015.

Home Prices Rise in Nearly All Metro Areas in Second Quarter

August 26, 2015

WASHINGTON (August 11, 2015) — A promising climb in home sales throughout the country amidst insufficient supply caused home prices to steadily rise in most metro areas during the second quarter, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price increased in 93 percent of measured markets1, with 163 out of 176 metropolitan statistical areas2 (MSAs) showing gains based on closings in the second quarter... Read More

July 2015 Foot Traffic

August 26, 2015

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.

2015 Profile of Real Estate Firms

August 26, 2015

This infographic uses data from the 2015 Profile of Real Estate Firms.

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Real Estate Firms Remain Confident About Future Profitability, NAR Study Shows

August 26, 2015

WASHINGTON (August 6, 2015) – Real estate firms are confident in the industry’s future growth and their increasing profitability, according to the 2015 National Association of Realtors® Profile of Real Estate Firms.

“A majority of firms have a positive view of the future, with 95 percent of all firms expecting their net income to either increase or stay the same in the next year,” said NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs,... Read More

Trends, Issues, and Outlook in Home Remodeling

August 26, 2015

In this video, Dr. Kermit Baker discusses trends, issues, and outlook in home remodeling. He talks about home designs and remodeling projects that are in demand, especially by the largest demographic groups, the baby boomers and millennials. Find out which home renovation projects appeal most to home sellers and buyers.

Dr. Kermit Baker is a Senior Research Fellow, Joint Center for Housing Studies of Harvard University and Chief Economist at the American Institute of Architects.

2015 Q2 Commercial Real Estate Market Survey

August 26, 2015

The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.

2015.Q2 Survey Highlights
  • Sixty percent of commercial REALTORS® closed a sale.
  • Sales volume rose 9 percent from a year ago.
  • Sales prices increased 7 percent year-over-year.
  • Cap rates... Read More

Pending Home Sales Dip in June After Five Months of Increases

August 26, 2015

In this video, NAR Chief Economist Lawrence Yun talks about pending home sales figures for June 2015, the continuing increase in home prices, and his forecast for 2016. He also discusses the recent decline in new-home sales.

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