Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market.
The Realtor® Technology Survey found that Realtors® continued to invest in new technology for their businesses in 2013 and spent more than they did in previous years.
Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth. All four regions of the country experienced sales gains compared to a month earlier.
The National Association of Realtors® today published information for NAR members regarding advertising properties as “coming soon.”
The Mortgage Choice Act, passed by the U.S. House of Representatives last night, redefines a provision in the rules that allow for home loans to be considered Qualified Mortgages.
New home construction activity is low in most of the U.S., and some states could face persistent housing shortages and affordability issues because of it.
Pending home sales improved for the second straight month in April.
NAR President Steve Brown has released a statement saying that Realtors® applaud the nominations of Julian Castro and Shaun Donovan as heads of HUD and OMB, respectively.
The outlook for all of the major commercial real estate sectors is slightly improving despite disappointing economic growth during the first quarter of 2014.
Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated.