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The small gain in contract signings shows the potential for further increases, however, rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many.
Existing-home sales fell 2.2% in July to a seasonally adjusted annual rate of 4.07 million. Sales receded 16.6% from one year ago.
Funds from the REALTORS® Relief Foundation will be made available to the public to assist with the Maui disaster victims’ housing payments as relief and recovery efforts continue.
Five percent of the 221 tracked metro areas registered double-digit price increases during Q2 2023, down from 7% in Q1.
Twenty REALTORS® from across the country have been chosen to participate in the 10-month program, which prepares emerging state and local volunteers for future leadership positions at NAR.
The Homebuyers Insurance Handbook clearly explains how purchasing a homeowners insurance policy with the right type and amount of coverage protects a homeowner’s investment and financial future.
NAR's venture capital arm, Second Century Ventures, will present the competition on August 29-30 at the 2023 iOi Summit in Miami.
Katie joined NAR as a staff attorney in 2007 and within seven years, she was promoted to General Counsel and first Chief Member Experience Officer.
Foreign buyers purchased 84,600 properties, down 14.2% from the prior year and the fewest number of homes bought since 2009.