NAR Research

NAR Research For the first time since 2004, the purchase-only index showed better year-over-year appreciation than the all-transaction index.

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
NAR Research

NAR Research Did you know the housing price bubble is largely gone at the national level?

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
Barb Murie
Barb Murie
Wow! Good to hear what is going on other places!! I am holding a huge inventory,listing like crazy this week, sales are steady however, have only been in a multiple offer situation twice in the past month! Upshot is things are picking up - Buffalo, New York
4 hours ago
Silvia Petroni
Silvia Petroni
In Utah, is expected an increase in home sales prices :6-8% next year. Houses are selling! There are lees distress homes on the market than 5 months ago in Utah CO. and SLC CO.
3 hours ago
NAR Research

NAR Research Existing home sales increased solidly for the second straight month, and by the largest percentage gain in at least ten years, in October.

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
Susan Walker
Susan Walker
This is great news for Florida! Hopefully 2010 will be more profitable!
Yesterday at 8:31pm
Richard Holmes
Richard Holmes
I, for one, would rather see NAR spend my money getting me a true analysis of the data than to have this guy constantly looking for silver linings. The value of an economist is in his ability to give us actionable intelligence to help us weather the storm...not to point out patterns in the storm clouds that look like cute little animals.
4 hours ago
NAR Research

NAR Research Chief Economist Lawrence Yun analyzes October 2009 existing-home sales at a Nov. 23, 2009, Washington, D.C., press conference.

Source: link.brightcove.com
NAR Chief Economist Lawrence Yun analyzes October 2009 existing-home sales at a Nov. 23, 2009, Washington, D.C., press conference.
NAR Research

NAR Research Did you know that among first-time and repeat buyers there are nearly twice as many single female buyers as single male buyers?

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
Rose Sutton
Rose Sutton
I knew that. Men are more likely to take the easy road.
Yesterday at 10:24am
James Isgro
James Isgro
lets get real people, it not that Men take the easy road. It has alot to do with social norms. I bet alot of you out there are parents.. how many of you let your single daughters boyfriend sleep under your roof..
Yesterday at 1:08pm
NAR Research

NAR Research Existing-Home Sales Record Another Big Gain, Inventories Continue to Shrink: Driven by the first-time buyer tax credit, existing-home sales showed another big gain in October with a strong uptrend established over the past seven months, while inventories continue to decline.

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
Dennis Norman
Dennis Norman
I don't want to throw rain on the parade but I think the press and media are giving too much attention to the "10.1% increase" in sales as well as the "23.5 % increase in sales from a year ago"....they seem to ignore the fact that the numbers they are referring to are "seasonally adjusted annual rates"....They also seem to ignore the fact that ... Read Moresales numbers for September and October were impacted tremendously by buyers rushing to buy before the tax credit expired November 30th (it has since been extended)....I did a post about this including an analysis of the numbers from NAR which shows that while ACTUAL sales were up 6% in October from November, the YTD sales for 2009 are only up less than 1% from the same period of 2008..much different thatn the 23.5% being reported....my post is at:

http://realestateconsumernews.com/real-estate-market/reports-and-headlines-say-home-sales-increased-10-1-percent-in-october-up-23-5-percent-from-a-year-ago-i-say-up-6-6-percent-for-the-month-and-almost-even-with-last-year/
Yesterday at 7:02pm
NAR Research

NAR Research For more local data check out the 2009 Local Market Reports. Get insight into the fundamentals & health of your market: http://www.realtor.org/research/subscription_data/09localmarketreports

Source: www.realtor.org
NAR Research

NAR Research Low mortgage rates continue to sustain favorable buying opportunities for clients.

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
NAR Research

NAR Research Did you know the median income of homebuyers using mortgage financing was $71,600 in 2008?

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
Jay Knight
Jay Knight
Thanks to Ms. Choung for digesting this data. The primary source,HMDA is a complex site for institutions to access mass data on the buying public.
I am curious if the figure quoted above reflects simply the qualifying income of the primary breadwinner in the home buying family, or if it is reflects total household income? I am not good at ... Read Moreinterpreting mass data, but the census bureau's website has a 2009 abstract (2006 numbers) that indicates $116K as median household income for 116M households in USA. In light of that, the above number would indicate that most activity is being conducted at the entry level, or least the lower level(s) of the income scale. Ms. Choung, could you elaborate for our FB fans?
November 20 at 9:10am
NAR Research

NAR Research NAR's Survey experts will discuss the newly released 2009 Profile of Home Buyers and Sellers and how you can use the wealth of information in this user-friendly report to better your business.

Register here: http://tinyurl.com/ygn9vkx

Time:2:00PM Monday, November 30th
Location:Webex
NAR Research

NAR Research Did you know we have interactive data maps?
Metro median price: http://tinyurl.com/yjhs8le
AND
State EHS: http://tinyurl.com/ycz5gae

Source: tinyurl.com
NAR Research

NAR Research The tax credit should continue to help absorb and quickly clear off the foreclosed properties.

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
Benita Larmer
Benita Larmer
Investors also would be buying up. Really missed the boat......
November 20 at 6:43am
Jay Knight
Jay Knight
I wonder how some markets have sidestepped the downturn seemingly altogether... I haven't verified this, but I have heard that South Dakota is recession free. Perhaps our states have relied upon the Federal Gov't/Institutions too heavily to manage and regulate our housing markets. How about it NAR? Can you give us some insights on this perspective? Are there any bankers among us that can comment? Great Discussion. Obviously a timely subject.
Sun at 11:35pm
NAR Research

NAR Research Wondering what exactly the 2009 Profile of Home Buyers and Sellers can offer you? Learn more here: http://tinyurl.com/del559

Source: tinyurl.com
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
NAR Research

NAR Research Did you know that according to the Home Mortgage Disclosure Act data (HMDA), loans to purchase vacation and investment homes declined 30% in 2008?

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology
NAR Research

NAR Research Commercial Real Estate Forecast Uncertain (Nov. 19): Credit availability is the big unknown that will determine how soon commercial markets recover from the economic downturn.

Source: www.realtor.org
in All of REALTOR.orgAbout NARAssociation ExecutivesBusiness SpecialtiesEducationGovernment AffairsHome Buyers & SellersLaw & PolicyLibraryMeetings & EventsNAR Governance & CommitteesREALTOR Benefits®REALTOR® MagazineResearch & StatisticsTechnology