As buyers face higher borrowing costs, home sales are showing more signs of falling.
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NAR Chief Economist Lawrence Yun talks about pending home sales, which declined for the fourth consecutive month in September as higher mortgage interest rates and higher home prices curbed buying power.
The inventory problem that has plagued many parts of the country over the past year is showing signs of improving.
Pending home sales declined for the fourth consecutive month in September, as higher mortgage interest rates and higher home prices curbed buying power.
Third quarter fundamentals in REALTOR® commercial markets maintained a positive trajectory, despite headwinds from the government shutdown and budget debate.
In his latest blog post, NAR Chief Economist Lawrence Yun analyzes job growth rates by state.
2013 Q3: See what commercial practitioners had to say about market performance, sales and rental transactions, challenges, and expectations.
The 30-year fixed-rate mortgage jumped to a 4.28 percent average this week, as rates edged higher leading up to the federal budget deadline, Freddie Mac reports.
The government shutdown is just one of the things that threw "a monkey wrench" in the real estate transaction process, NAR 2013 President Gary Thomas says.