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Updated: 11 hours 27 min ago

REALTORS® Confidence Index in December Reflects Tempered Market Expectations

11 hours 27 min ago

Confidence about the next 6 months saw a slight improvement in December. The 6-month outlook index for single family rose to 66 (64 in November). The index for townhouses slightly rose to 48 (46 in November) while the index for condominiums registered at 44 (43 in November). REALTORS® expressed concern about a variety of factors that can impact the market such as the new regulations pertaining to the Ability to Pay Rule for Qualifying Mortgage, the reduction in FHA loan limits, uncertainty regarding flood insurance rates, and the state of the economy.

89% of REALTORS® Report Rising Prices in December

11 hours 27 min ago

Home prices are generally still rising. About 89 percent of REALTORS® who responded to NAR’s monthly survey reported constant or rising prices (87 percent in November). Healthy demand, the drop in distressed sales, and low although improving inventory levels have supported the price growth. See the December REALTORS® Confidence Index Survey report for more information.

REALTOR® University Speaker Series: 2014 Commercial Market Outlook: Highlights Video

11 hours 27 min ago

This video contains highlights of Dr. Calvin Schnure's talk about the commercial market outlook for 2014 and the trends of 2013. He speaks about REITs (Real Estate Investment Trusts) and talks about what they are, how they work and perform, and why they're important to the commercial real estate industry.

Watch the full video.

Dr. Calvin Schnure is the Vice President of Research and Industry Information for NAREIT, the National Association of Real Estate Investment Trusts... Read More

REALTOR® University Speaker Series: 2014 Commercial Market Outlook: Full Video

11 hours 27 min ago

This video contains Dr. Calvin Schnure's full talk about the commercial market outlook for 2014 and the trends of 2013. He speaks about REITs (Real Estate Investment Trusts) and talks about what they are, how they work and perform, and why they're important to the commercial real estate industry.

See the highlights video.

Dr. Calvin Schnure is the Vice President of Research and Industry Information for NAREIT, the National Association of Real Estate Investment... Read More

December Existing-Home Sales Rise, 2013 Strongest in Seven Years

11 hours 27 min ago

WASHINGTON (January 23, 2014) – Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to the National Association of Realtors®.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.0 percent to a seasonally adjusted annual rate of 4.87 million in... Read More

REALTOR® University Speaker Series: Housing Price Indexes: Full Video

11 hours 27 min ago

This video, part of the REALTOR® University Speaker Series, contains Dr. Andy Leventis's full talk about Housing Price Indexes, why they are necessary, the trends that the most popular indexes are seeing and some of the problems associated in tracking price data.

View the highlights video of the lecture.

Dr. Leventis is a Principal Economist for the Federal Housing Finance Agency.

REALTOR® University Speaker Series: Housing Price Indexes: Highlights Video

11 hours 27 min ago

This video, part of the REALTOR® University Speaker Series, contains highlights of Dr. Andy Leventis's talk about Housing Price Indexes, why they are necessary, the trends that the most popular indexes are seeing and some of the problems associated in tracking price data.

View the full video of the lecture.

Dr. Leventis is a Principal Economist for the Federal Housing Finance Agency.

Mortgage Rates Hold Mostly Flat for the Week

11 hours 27 min ago

Mortgage rates changed little this week, with the 30-year fixed-rate mortgage averaging 4.51 percent, Freddie Mac reports.

Boomers' Demand Shifts to Change Real Estate

11 hours 27 min ago

An economist explains how the coming shift toward urban and multifamily living will change the face of housing demand across the nation.

Smaller Housing Markets Leading Recovery

11 hours 27 min ago

Out of 56 U.S. markets that are at or above normal economic and housing levels, 48 of them are areas with populations under 500,000.

REALTOR® University Speaker Series: Housing Finance Reform: Highlights Video

11 hours 27 min ago

This video, part of the REALTOR® University Speaker Series, contains highlights of Dr. Phillip L. Swagel's talk about Housing Finance Reform, proposed plans, the new role(s) that Fannie and Freddie should play, and the importance of protecting access to homeownership.

View the full video of the lecture.

Phillip L. Swagel is Professor in International Economic Policy at the Maryland School of Public Policy.  He was Assistant Secretary for Economic Policy... Read More

REALTOR® University Speaker Series: Housing Finance Reform: Full Video

11 hours 27 min ago

This video, part of the REALTOR® University Speaker Series, contains Dr. Phillip L. Swagel's full talk about Housing Finance Reform, proposed plans, the new role(s) that Fannie and Freddie should play, and the importance of protecting access to homeownership.

View a video of the highlights of the lecture.

Phillip L. Swagel is Professor in International Economic Policy at the Maryland School of Public Policy. He was Assistant Secretary for Economic... Read More

REALTORS® Expect Prices to Rise Modestly in Next 12 Months

11 hours 27 min ago

REALTORS® generally expect modest price increases in the next 12 months with demand easing and more inventory coming into the market. The median expected price increase is 3.7 percent.

Webinar: 2013 Investment and Vacation Home Buyers Survey

11 hours 27 min ago

These presentation slides are from the 2013 Investment and Vacation Home Buyers webinar given by Jessica Lautz, NAR's Manager of Member and Consumer Survey Research, on August 6, 2013.

Webinar: Home Buyer and Seller Generational Trends

11 hours 27 min ago

These presentation slides are from the Home Buyer and Seller Generational Trends webinar given by Jessica Lautz, NAR's Manager of Member and Consumer Survey Research, on July 16, 2013.

Webinar: 2013 Home Feature Survey

11 hours 27 min ago

These presentation slides are from the 2013 Home Feature Survey webinar given by Jessica Lautz, NAR's Manager of Member and Consumer Survey Research, on July 23, 2013.

Webinar: 2013 Commercial Member and Member Profiles

11 hours 27 min ago

These presentation slides are from the webinar on the 2013 Commercial Member Profile and 2013 Member Profile, given by Jessica Lautz, NAR's Manager of Member and Consumer Survey Research, on July 30, 2013.

Webinar: 2013 Profile of Home Buyers and Sellers

11 hours 27 min ago

These presentation slides are from the webinar given by Jessica Lautz, NAR's Manager of Member and Consumer Survey Research, on November 20, 2013. 

Pending Home Sales Edge Up in November

11 hours 27 min ago

WASHINGTON (December 30, 2013) – Pending home sales stabilized in November with a slight gain, according to the National Association of Realtors®. Monthly increases in the South and West offset declines in the Northeast and Midwest.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched up 0.2 percent to 101.7 in November from a downwardly revised 101.5 in October, but is 1.6 percent below November 2012 when it was 103.3. The data reflect contracts but... Read More

Housing Equity in 2013

11 hours 27 min ago

Home price growth was robust in 2013 compared to 2012 and is currently forecast by NAR Research to finish the year 11.3% stronger. This improvement is important for the market as it has created equity for homeowners, boosted buyer confidence, and pulled many underwater homeowners into positive equity positions.