Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years.
Pending home sales declined for the eighth straight month in February. Modest increases in the Midwest and West were offset by declines in the Northeast and South.
Home prices continued to show solid growth in most of the country, but rising prices and severe winter weather caused existing-home sales to slip in February.
SmartZip Analytics, the national leader in real estate analytics and predictive marketing, is the first company selected to join the 2014 class of REach™.
Realtors® applaud the U.S. Senate for passing the Homeowner Flood Insurance Affordability Act, H.R. 3370, to curb flood insurance rate hikes for homes and commercial properties.
Young home buyers remain optimistic and see their home as a good investment, while older buyers are more likely to trade down to a smaller property to match changing lifestyles.
The Homeowner Flood Insurance Affordability Act is a responsible solution to the flood insurance rate increases triggered by the Biggert-Waters reforms.
Pending home sales were essentially unchanged in January. Monthly gains in the South and Northeast were offset by declines in the West and Midwest.
NAR supports reforms that promote economic growth, but strongly opposes severely altering the rules that govern ownership and investment in real estate.
After a comprehensive national search, Katie Raynolds Johnson has been selected as the association’s newest Senior Vice President and General Counsel.