Research is working to bring NAR members more information that is locally relevant. We’ve just released three new projects that focus on state and local markets. These state and local reports are available online to members only. You must log in with your REALTOR.org user name and password to access them.

2009 Local Market Reports

These 2009 Local Market Reports are available online to members and provide insights into the fundamentals and direction of the nation's largest metropolitan housing markets.

State Fiscal Conditions and Taxes

The latest state-by-state study by NAR's Research Division reviews state budget shortfalls and examines how property tax and transfer tax increases may affect home sales and values. Additionally, a county by county comparison of taxes and imputed rates is available as a supplement for each state. Find out how your state compares.

View fiscal conditions for your state >

State Subprime ARM Performance

During the housing boom, subprime adjustable rate mortgages were a vehicle of choice for many home buyers. These reports provide perspective on the loans' performance and the expected volume of resets for 2008-09.

View subprime ARM performance for your state >

State Mortgage Conditions

The report provides a brief overview of the conditions in the mortgage market for 2009. Based on NAR estimates, 32 percent of homeowners nationwide now own a debt-free home. Compared with 2008, the number of loans serviced is down, while loans in foreclosures are on the rise. With FHA loans gaining prominence in the market, the report highlights their impact upon foreclosure in each state. Find out how your state compares with the national data.

View mortgage conditions for your state >

State Economic Impact of Housing

How is the housing market in your state affecting the local economy? These reports outline the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance. Find out how much the real estate industry is affecting the Gross State Product for your state.

View the economic impact of housing for your state >

Metro Area Wealth Gain

How has the wealth of current homeowners changed as a result of home ownership? One way to answer that question is to create a snapshot of the equity individuals who purchased a home at the median price 5, 10, 15, and 20 years ago would have built up if they had kept that home through 2008. We did that for 154 metropolitan statistical areas (MSAs), and the findings yield some expected and unexpected results. Find out how your metro area is doing.

View the homeowners' wealth gain for your metro area  >

Metropolitan Area Existing-home Prices and State Existing-home Sales

The NATIONAL ASSOCIATION OF REALTORS® Existing-Home Sales Series is the premier measurement of the residential real estate market. NAR releases statistics on state-by-state existing-home sales and metropolitan area median home prices each quarter. The state existing-home sales report includes single-family houses, condos and co-ops. The price report reflects sales prices of existing single-family homes by metropolitan statistical area (MSA).

View the latest state sales and metro price reports >

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