Home builders are expressing optimism for better days ahead. They are partly right. But their recent roaring confidence could be a bit misleading.
In this video Dr. Nayantara Hensel, Associate Director of Policy and Research at the FHFA, gives an update on the housing market. She discusses first time home buyers and affordability as well as the latest trends in rental and home prices.
This presentation was given by Lawrence Yun, Ph.D., NAR Chief Economist, to the Commercial Real Estate Forum at the 2014 REALTORS® Conference & Expo in New Orleans, LA on November 7, 2014.
NEW ORLEANS (November 9, 2014) – Realtors® from across the country gathered today to discuss the effects changing homebuyer demographics on the housing market during the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies forum today at the 2014 REALTORS® Conference & Expo.
"Among primary residence homebuyers, the demographics have shifted dramatically, especially among first-time homebuyers, whose share of the market has dropped to its lowest level in... Read More
This presentation was given by Lawrence Yun, Ph.D., NAR Chief Economist, to the Residential Real Estate Forum at the 2014 REALTORS® Conference & Expo in New Orleans, LA on November 7, 2014.
NEW ORLEANS (November 8, 2014) – With sales to international buyers reaching a record $92.2 billion last year, there are growing opportunities for Realtors® to globalize their real estate business and attract international clients. During the "Managed Solutions for Reaching International Buyers" session today at the 2014 REALTORS® Conference & Expo, experts offered advice for how Realtors® can grow their global business and reach the international marketplace.
Panelist... Read More
NEW ORLEANS (November 7, 2014) – While economic activity was mixed during the first half of the year, industry experts expressed confidence that the commercial real estate market is on the rise during the Commercial Economic Issues & Trends Forum at the 2014 REALTORS® Conference & Expo.
NEW ORLEANS (November 7, 2014) – Existing-home sales are expected to be higher next year and prices will remain at a healthier level of growth that benefits both buyers and sellers, according to an economic forecast at a residential forum during the 2014 Realtors® Conference & Expo.
NEW ORLEANS (November 6, 2014) – Home prices showed continued growth in a majority of metropolitan areas in the third quarter, but all four major regions saw increases at or below 5 percent from a year ago, according to the latest quarterly report by the National Association of Realtors®.
The median existing single-family home price increased in 73 percent of measured markets, with 125 out of 172 metropolitan statistical areas... Read More
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.2014.Q3 Survey Highlights:
- In line with the economic upswing, commercial REALTORS® reported market gains in the third quarter 2014.
- Sales of commercial properties rose 7.4 percent on a year-over-... Read More
These presentation slides contain data from the 2014 Home Buyers and Sellers Profile. The presentation was given by Jessica Lautz, Director of Member and Consumer Survey Research, at the John L Scott convention in Bellevue, Washington, on October 30, 2014.
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.
- Thirty-three percent of recent home... Read More
WASHINGTON (November 3, 2014) – Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released today by the National Association of Realtors®. The survey additionally found that an overwhelming majority of buyers search for homes online and then purchase their home through a real estate agent.
The 2014 National Association of... Read More
While overall median land prices steadily rose 4 percent, individuals and families continued to invest in land and account for 58 percent of buyers in land sales transactions, according to a 2014 Land Markets Survey, conducted jointly by the REALTORS® Land Institute and the National Association of REALTORS®.
In addition, the survey also revealed that 17 percent of land purchasers are corporations/partnerships, 17 percent are investors, and 10 percent are expansion farmers.
... Read More
REALTORS’® confidence about the outlook for the next six months for single-family homes is still generally “moderate” in many states, according to the September REALTORS® Confidence Index Survey.
Six months after the implementation of the QM/ATR rule, the market appears to be shifting modestly. This survey serves as both a measure of change in the 2nd quarter and a bellwether for originators’ impressions of market dynamics in light of regulatory changes under the QM/ATR rule as well as changes at the FHA, FHFA, and new credit scoring models. The panel was expanded in the 2nd quarter to include members of Community Mortgage Lenders of America.Highlights of the Survey
- The non-QM share of originations more than tripled in the 2nd quarter to an... Read More
The mortgage market was buffeted by a number of changes in 2013 and 2014 among them higher fees at the FHA and changes to underwriting as required by the Ability‐ to‐Repay and Qualified Mortgage Rules. This survey queries a sample of mortgage lenders about the impact of the QM rule three months after implementation in addition to questions about the impact of changes to the FHA program.Highlights of the Survey
- Non‐QM lending accounted for 1.6% of production by respondents in this sample and 8.3% were rebuttable presumption.
- An encouraging 73.7% of... Read More