Social Benefits of Homeownership and Stable Housing

This 16-page paper from 2012 looks at how homeownership leads to positive social outcomes. It examines not only the ownership of homes, but also the impact of stable housing.

Homebuyer Tax Credit Information

As part of the Housing and Economic Recovery Act of 2008, a First-time Homebuyer Tax Credit is now available. But, this limited-time tax break ends in mid-2009. A homebuyer tax credit has been available for first-time homebuyers in Washington, D.C. for many years, and now first-time homebuyers nationwide can take advantage of a similar benefit. Information on who is eligible for the credit and how to take advantage of it—a must-know for REALTORS®—is available in Homebuyer Tax Credit Information.

FSBO Facts

This brief overview of facts about the For-Sale-By-Owner (FSBO) market comes from NAR's 2010 Profile of Home Buyers and Sellers.

Impact of Hurricanes on Housing and Economic Activity: A Case Study for Florida

This case study from 2006 examines how the exceptionally strong hurricanes along the Gulf Coast affected home sales and the economy. The 32-page report was commissioned by the Florida Association of REALTORS® and prepared by NAR Research.

Community Acceptance of Affordable Housing

This academic study by the National Center for Real Estate Research, published in June 2004, discusses ways to overcome the "Not in My Backyard" (NIMBY) syndrome and gain acceptance for affordable housing.
Research Brief (595K PDF) | Executive Summary (227K PDF)

Mobility, Residential Location and the American Dream

This academic study by the National Center for Real Estate Research, published in March 2004, examines the location, mobility, and homeownership choices of whites and minorities in Los Angeles, Chicago, and Washington, D.C.
Research Brief (642K PDF) | Executive Summary (314K PDF)

Priced High on a Hill: A Study of Housing Affordability in San Francisco

This academic study by the National Center for Real Estate Research, published in Nov. 2003, looks at how developers and advocates for affordable housing are making headway in San Francisco, one of the most expensive housing markets in the country.
Research Brief (561K PDF) | Executive Summary (195K PDF)

Intra-metropolitan Mobility, Residential Location and Homeownership

This academic study by the National Center for Real Estate Research, published in March 2003, highlights how homeownership choice, location, and mobility interact in white, African-American, Asian, and Hispanic households.
Research Brief (544K PDF) | Executive Summary (293K PDF)

A Review of Existing Research on the Effects of Federally Assisted Housing Programs on Neighboring Residential Property Values

This academic study by the National Center for Real Estate Research, published in Oct. 2002, reviews research on how the presence of subsidized housing affects property values.
Research Brief (537K PDF) | Executive Summary (177K PDF) | Full Report (653K PDF)

New Orleans Affordable Housing Case Study

This academic study by the National Center for Real Estate Research, published in Oct. 2002, examines several case studies that illustrate complexities and successes of meeting the housing needs of underserved households.
Research Brief (467K PDF) | Executive Summary (166K PDF)

Assessment of Endangered Species Act Enforcement on Real Property Values: A Case Study of Three Washington Counties

This academic study by the National Center for Real Estate Research, published in Oct. 2002, presents several statistical models that measure the impact of the Endangered Species Act on property values.
Research Brief (466K PDF) | Executive Summary (611K PDF) | Maps (6.8MB PPT)

Housing Wealth Effects: Housing’s Impact on Wealth Accumulation, Wealth Distribution and Consumer Spending

This academic study by the National Center for Real Estate Research, published in Nov. 2005, looks at how quickly consumers spend their housing wealth versus their stock wealth.

Real Estate Versus Financial Wealth in Consumption

This academic study by the National Center for Real Estate Research, published in March 2003, estimates the impact of changes in financial and housing wealth on levels of consumer spending.
Research Brief (942K PDF) | Executive Summary (537K PDF)

Housing: An Investment and a Piggybank for Spending

This academic study by the National Center for Real Estate Research, published in Dec. 2003, examines how households save and spend their housing wealth, compared with other investments. The study reviews the ease of borrowing against home value through mortgages or lines of credit to finance consumption.
Research Brief (563K PDF) | Executive Summary (239K PDF)

Overview of Recent Developments in Residential and Commercial Property Insurance

This academic study by the National Center for Real Estate Research, published in July 2003, examines the sharp rise in residential and commercial property insurance premiums. It examines market structure and performance indicators to quantify price and availability trends.
Research Brief (549K PDF) | Executive Summary (300K PDF)

The Value of Housing Characteristics: A Meta Analysis

This academic study by the National Center for Real Estate Research, published in May 2005, compares many prior studies to determine whether earlier results can be applied to the broader housing market. It looks at how the values of housing characteristics vary due to location or time-specific attributes.
Research Brief (618K PDF) | Executive Summary (607K PDF)

The Composition of Hedonic Pricing Models: A Review of the Literature

An academic study by the National Center for Real Estate Research, published in Dec. 2003, summarizes findings from previous research and provides a high-level overview of the numerous characteristics that make up a home's value.
Research Brief (567K PDF) | Executive Summary (607K PDF)

The Value of Housing Characteristics

This academic study by the National Center for Real Estate Research, published in Dec. 2003, uses a detailed data set from property sales in the Philadelphia area to assess how various attributes affect a home's value.
Research Brief (569K PDF) | Executive Summary (344K PDF) | Summary Table (86K PDF)