Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market.
Existing-home sales increased in August and reached the highest level in six and a half years, while the median price shows nine consecutive months of double-digit year-over-year increases.
NAR President Gary Thomas released a statement about NAR's role, over the past five years, in shaping policies to stabilize the market, recover home values, ensure access to affordable credit, and renew faith in the value of home ownership.
Realtors® have always been invested in helping military service professionals find housing solutions that best meet their needs and allow them to take full advantage of their military benefits.
Realtors® applaud Senate hearings about the future of the secondary mortgage market and the essential elements of sustainable housing finance reform.
According to this new report, most real estate firms are small, independent businesses that specialize in residential brokerage, with 69 percent of all firms expecting profitability to increase over the next year.
The re-proposed Qualified Residential Mortgage rule announced this morning is a victory for homebuyers and the future of homeownership in this country.
Pending home sales were down in July, with higher mortgage interest rates slowing the market.
The National Association of Realtors® recognized 10 Realtors® today as finalists for REALTOR® Magazine’s 2013 Good Neighbor Awards.
NAR's quarterly commercial real estate forecast shows vacancy rates tightening in commercial real estate sectors with modest rent growth.