The Bureau of Labor Statistics recently released its February Employment Report, and the numbers are promising for the housing market.
NAR has estimated residential sales to foreign buyers at $ 82.5Billion for the 12 months ended March 2012, approximately 8.8 percent of the total residential market by dollar volume.
NAR Chief Economist Lawrence Yun discusses the rise of existing-home sales and home prices, and the developing seller's market.
NAR Chief Economist Lawrence Yun discusses the rise in pending home sales in January, reflecting healthy gains in all regions but the West, which was constrained by low inventory.
Pending home sales rose in January, and have been above year-ago levels for the past 21 months, according to the National Association of Realtors®. There were healthy monthly gains in all regions but the West, which is constrained by limited inventory but was slightly improved.
This column gives an overview of the economy in 2012, covering consumer spending, government spending, employment, private businesses, international trade, and commercial real estate.
How large of a presence does the FHA have in the housing market? Is its role on the decline?
Major commercial real estate sectors continue to improve, albeit slowly, with gradual economic improvement and job creation driving absorption of space, according to the National Association of Realtors® quarterly commercial real estate forecast.
Read about the 10 remodeling jobs that will give home owners the highest returns at resale.
Existing-home sales edged up in January, while a seller's market is developing and home prices continue to rise steadily above year-ago levels, according to the National Association of Realtors® .