Severely lacking inventory levels across the country pinched sales growth and kept home prices rising at a steady clip in nearly all metro areas in the third quarter.
Despite solid interest in buying a home – sparked by steady job gains, record low mortgage rates and higher rents – the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first-time buyers out of the market.
October 30, 2017
After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis.
October 20, 2017
The Choosing a Career in Real Estate report was developed to discover how and why Realtors®, members of the National Association of Realtors®, chose real estate as a career and to examine gender, race and ethnicity in real estate.
The five individuals named as this year’s REALTOR® Magazine Good Neighbor Award winners serve as an example of how Realtors® reach out in service to help their communities.
October 4, 2017
Media Contact:Cole Henry 202-383-1290
Homeowners who remodel gain equity and resale value in their home, and are likely to find satisfaction and enjoyment from their home.
September 28, 2017
Media Contact:Jane Dollinger 202-383-1042
A group of legislators and administration leaders known as the "Big 6" today released an outline for comprehensive tax reform that if enacted, according to the National Association of Realtors®, could lead to a tax on homeownership for millions.
Pending home sales sank in August for the fifth time in six months, and slower activity in the areas hit hard by Hurricanes Harvey and Irma will likely pull existing sales for the year below the pace set in 2016.
September 27, 2017
Existing-homes sales have retreated in four of the past five months, but new survey findings from the National Association of Realtors® indicate it is not because of a lack of confidence from consumers about buying and selling a home, or based on their views about the direction of the economy and their finances.
September 26, 2017