Low inventory levels helped raise the median sales price to a new high while reducing the median days a home is on the market to a new low.
The U.S. homeownership rate is stuck near a 50-year low. Experts including NAR President William E. Brown discussed remedies at a June 9 conference at the University of California, Berkeley.
One-fifth of surveyed Realtors® practicing in commercial real estate closed a sale with an international client in 2016.
REALTOR® Magazine and the Good Neighbor Society have announced the recipients of the ninth annual Volunteering Works grants and mentoring program.
Pending home sales in April slumped for the second consecutive month and were down year-over-year nationally and in all four major regions.
Low supply levels held down existing-home sales in April and pushed the median number of days a home was on the market to a new low of 29 days.
Changing demographics brought forth by immigration and interest from foreigners are positioned to bolster U.S. home sales activity and prices.
While challenges face commercial real estate markets, Realtors® specializing in the sector should have confidence that growth will continue.
While tax reform proposals promise lower taxes for Americans, estimates show that many middle-income homeowners may see a tax increase instead.
The multi-year stretch of robust job gains and improving household confidence are expected to guide existing-home sales to a decade high in 2017.