Summertime...Will the Home Buying be Easy?The home buyer tax credit seems to be working – pending home sales are up for a third month in a row. But there are challenges ahead. Mortgage interest rates rose in May. The tax credit is currently due to expire at the end of November. Does that mean we’ll have a rush of homebuying activity this summer? NAR Chief Economist Lawrence Yun comments on the latest developments in the housing market, as well as providing us with a “modest proposal” for fun.  Read more >

The Great Profile's Greatest Hits

The 2009 NAR Member Profile was released during the recent NAR Midyear meetings in May. This month, Research Economist Jessica Lautz looks at the business activity of REALTORS®, including especially the level of transactions involving “distressed” sales – foreclosures and short sales.
Read more >

Checking in on Commercial Markets

NAR conducts a quarterly survey of commercial practitioners asking them about current and potential developments in commercial real estate. The latest Commercial Market Survey Report looks at the state of commercial real estate in the first quarter of 2009. And as our Commercial Research Economist George Ratiu reports, while things aren’t great, there are some encouraging signs.
Read more >

Get Insights Without Looking

Have Real Estate INSIGHTS delivered to your e-mail box as soon as new content is posted each month. It's free to members as well as non-members! Subscribe in the "My Account" section of Realtor.org.
Subscribe now>

 

Part of NAR's Right Tools, Right Now Initiative
In these uncertain times, NAR is here to help you succeed with the Right Tools, Right Now initiative, offering more than 300 educational products, publications, and services free or at cost. For more information, visit www.REALTOR.org/RightTools.


Real Estate Insights



Lawrence Yun, NAR Chief Economist
Paul Bishop, Managing Director, NAR Research
Jed Smith, Managing Director, Quantitative Research

Arun Barman, Research Economist
Wannasiri Chompoopet, Manager of Housing Statistics
Keunwon Chung, Data Research Analyst
Stephanie Davis, Office Manager
Thomas J. Doyle, Research Marketing Manager
Meredith Dunn, Communications Representative
Ken Fears,Manager, Regional Economics
Danielle Hale, Research Economist
Michael Hyman, Research Assistant
Jessica Lautz, Research Economist
Selma Lewis, Research Economist
George Ratiu, Research Economist
Gregg Stratton, Research Economist
Sophia Stuart, Marketing Associate
Caroline Van Hollen, Senior Research Coordinator

Copyright © 2009 NATIONAL ASSOCIATION OF REALTORS®. Reproduction or reprinting in any form is prohibited without written permission. Editorial questions and requests to reprint articles should be directed to Meredith Dunn via e-mail at data@realtors.org.

Current Issue

June 2009

Download PDF version (1.2 MB)

In This Issue

Monitor

Check out this snapshot of monthly housing indicators.

Economic Commentary

It is fairly obvious that first-time buyers are responding to the incentives of rock-bottom mortgage rates and the first-time buyer tax credit.

Forecasts

For the latest economic forecast insights and analysis, visit our Economists' Outlook page.

In Focus

The recession has had a major impact on commercial real estate. However, there are a few bright spots.

Market Intelligence

The housing downturn has had an impact on the amount of business REALTORS® have conducted.

Existing-Home Sales

Existing-home sales rose in April with strong buyer activity in lower price ranges.

Archives

See previous issues.

New from NAR Research

Want to Get the Most Out of the Member Profile? Don't Miss Research's Webinar!

For the second month in a row, NAR Research will conduct an online “Webinar.” The next online session will feature members of the NAR Research Survey Team discussing the 2009 NAR Member Profile and how REALTORS® can use the information in planning their business and managing their firms.  Click here to sign up >