Home prices posted the highest annual rate of increase since 2005, with 10 states and the District of Columbia reaching new all-time price peaks, CoreLogic reports.
32% of REALTORS® reported that their last sale in December was a cash sale, and many REALTORS® have reported that cash buyers typically win against those buyers needing to obtain a mortgage.
December 2013 existing-home sales increased slightly over Nov. 2013; the national median existing-home price for all housing types was $198,000. See the visual data.
In this economic update, the Research staff analyzes current homeownership rates in the U.S
This survey asks a sample of mortgage lenders about the QM rule’s impact on their business and how the rule could in turn impact consumers.
NAR Chief Economist Lawrence Yun talks about possible reasons for the decline in Pending Home Sales in December and looks ahead to 2014.
This interactive infographic presents type of home purchased, by buyer type, between July 2012 and June 2013. of a survey conducted with home buyers who purchased a home between July 2012 and June 2013.
Pending home sales measurably dropped in December, with abnormal weather partly inhibiting home shopping in much of the U.S. Declines were experienced in all four major regions.
Confidence about current market conditions was essentially unchanged from November to December in 2013.
Home prices are generally still rising. About 89 percent of REALTORS® who responded to NAR’s monthly survey reported constant or rising prices.