Pending home sales declined in December but have stayed above year-ago levels for 20 consecutive months.
Today's buyers are relying more and more on the use of videos to help them with their search for a home. See the statistics on the types of videos they're watching.
The year 2012 ended on a high note for real estate, with the current conditions confidence index up across all property types.
The numbers are looking up for the 55-plus housing market. But there's a question of how long these numbers will be available, according to the National Association of Home Builders (NAHB).
NAR Chief Economist Lawrence Yun gives the statistics for December 2012 existing-home sales and explains what they mean in the context of recent years.
Existing-home sales eased in December but are well above a year ago, while limited inventory maintained the upward momentum in home prices, according to the National Association of Realtors®. Total sales in 2012 were the highest in five years, while the annual price rose the most since 2005.
Google and NAR have collaborated to uncover trends and insights around digital media usage among home shoppers, whether they were looking for an existing home, a newly constructed home, or an apartment. Together, Google and NAR's individual research results tell a cohesive story about today's uber-connected home shopper.
The activity is "one of the many indicators showing that the worst of the recession is probably over and we're starting to inch back," says a demographer on the increase in moves between counties.
With 11 months of data reported, 2012 will clearly go down as a record year for favorable housing affordability conditions, and a great year for buyers who could get a mortgage, according to the National Association of Realtors®.
The U.S. Census Bureau and HUD recently released their biennual comprehensive national housing survey, which provides data on housing inventories, demographics, home improvements, mortgages, and more.