Home Buying, US Real Estate

Home prices grow and affordability drops in Q2

By Mike Wheatley | August 9, 2019
Home values saw more gains in 91% of 178 U.S. metro areas during the second quarter, according to a new report from the National Association of Realtors published Wednesday. The data shows that the national median price for a single-family home came to $279,000 in Q2, up 4.3% from a year before. Nine-three of the […]
Featured News, Home Sales, US Real Estate

NAR's Yun forecasts new home sales boom in 2019

By Mike Wheatley | May 21, 2019
National Association of Realtors’ chief economist Lawrence Yun says home sales are likely to hit a 12-year high this year as builders race to meet demand for entry-level homes from first-time buyers. While existing home sales are likely to remain flat this year, new home sales should top 667,000, which would be the highest number […]
Home Buying, US Real Estate

Pending home sales are down, but prospects for 2019 are good

By Mike Wheatley | February 1, 2019
With consumers growing increasingly concerned about the economy and home prices increasing more, pending home sales slumped at the end of 2018, according to new data from the National Association of Realtors. The NAR’s Pending Home Sales Index is said to be a key forward-looking indicator of real estate market activity, based on contract signings. […]
Featured News, US Real Estate

Lawrence Yun says the economy is strong, predicts stable growth in housing

By Mike Wheatley | November 7, 2018
The National Association of Realtor’s chief economist is optimistic that the real estate sector will continue to see stable growth, amid a strong economy. Lawrence Yun’s remarks came during a talk at the Realtors Conference & Expo in Boston last week, where he added that in his opinion another recession seems unlikely in the short […]
Featured News, US Real Estate

NAR economist Yun looks at the housing market 10 years after the Great Recession

By Mike Wheatley | August 30, 2018
A full decade after U.S. housing markets were crushed by the so-called Great Recession, which led to a major crisis that saw thousands of homes foreclosed upon,
US Real Estate

Lawrence Yun says a new housing crash is unlikely to happen soon

By Mike Wheatley | August 9, 2018
Numerous experts in the last few months have warned that real estate is facing the prospect of a major slowdown in home sales, or even a crash, due to rising prices and reduced buyer demand.
Real Estate Agents, Realtors

NAR membership grows 6% despite poor market conditions

By Mike Wheatley | July 24, 2018
The National Association of Realtors’ membership continues to grow, with the trade association adding more than 80,000 new realtors in the last 12 months.
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