NAR Hires Local Association to Produce Market Reports
The NATIONAL ASSOCIATION OF REALTORS® has chosen 10K Research and Marketing, a wholly owned and operated subsidiary of the Minneapolis Area Association of REALTORS®, to produce its local Economic and Market Watch reports. “We’re honored to have been chosen by NAR Research as their preferred partner in this transition,” said Jeff Allen, director of research for 10K Research and Marketing. “They will now have the time to better focus their efforts toward providing other valuable member services while we do what we do best—help MLSs and associations tell the story of their local markets.”
The quarterly reports, private labeled for multiple listing services, combine economic analysis with local sales data and forecasts. Reports include economic and housing forecasts (national, regional, and county), median price, rate of appreciation/depreciation, average days on market (by ZIP code), and more.