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Martin Luther King, Jr. Day is observed on the third Monday of January and marks the birthday of Rev. Dr. Martin Luther King, Jr. This holiday is also recognized as a day of service, and is an opportunity to serve your community. Based on data from the 2016 Member Profile and 2016 Firm Profile we can see how REALTORS® are volunteering in their community.
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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... Read More
The new year has already started off with a bang and NAR’s Research Team has many projects in the works for our members, the media, and the general public related to the housing market. We’ve compiled a cheat sheet to help you navigate our resources and keep you up to date with the latest reports and statistical releases.
The information from this quiz was taken from the 2016 Commercial Member Profile.
The information from this quiz was taken from the 2016 Profile of Real Estate Firms.
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The 2016 Profile of International Residential Real Estate Activity in Florida presents information regarding residential transactions with international clients of Florida REALTORS® members during the 12-month period of August 2015–July 2016. The 2016 report also presents information on U.S. clients seeking to purchase property abroad.
Florida remained the top destination of foreign buyers... Read More
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Each year, the National Association of REALTORS®' Research department provides members with a wealth of statistical information in the reports and data releases it produces, from market data to home buyer and seller statistics to member information. This slideshow provides a snapshot look at some of the most popular reports and statistics produced by NAR in 2016.
WASHINGTON (December 28, 2016) — Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers, according to the National Association of Realtors. Only the Northeast saw monthly and annual pending sales gains last month.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 2.5 percent to 107.3 in November from 110.0 in October. After last month's decrease in activity,... Read More
WASHINGTON (December 21, 2016) — A big surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month, according to the National Association of Realtors®.
Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 0.7 percent to a seasonally adjusted annual rate of 5.61 million in November from a downwardly revised 5.57 million in October. November's sales pace is now the... Read More
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The new Business Creation Index (BCI) was created to monitor local economic conditions from the perspective of NAR’s commercial members. The quarterly report offers insight from commercial real estate professionals into whether businesses are opening or closing by industry, population density, and subregion. On a monthly basis, it tracks three key questions related to local market conditions:
- An increase of businesses opening in local... Read More
WASHINGTON (December 14, 2016) — Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors®.
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The Housing Opportunities and Market Experience (HOME) report was created to monitor consumer sentiment about the housing market. It covers core topics that will be tracked on a monthly basis such as views on housing as a good financial investment, whether homeownership is part of the American Dream, if now is a good time to buy or sell a home and perception of home price changes.Highlights:
- In the fourth quarter of 2016, 70 percent of people believe... Read More
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This infographic gives an overview of what we can expect in 2017 for the housing market and the economy.
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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... Read More
Challenges and Opportunities for Homeownership Take Center Stage at National Association of Realtors®, S&P Global Joint Event
WASHINGTON (December 6, 2016) — The homeownership rate in America continues to hover around a 50-year low, but experts gathered for an event in the Washington, D.C. offices of the National Association of Realtors® said today that there are real-world opportunities to turn that trend around.
“It’s tough out there right now for buyers, especially in many of the red-hot markets around the country where competition is the fiercest,” said National Association of Realtors® President William E. Brown, a Realtor® from Alamo, California and founder of... Read More