In this video, NAR Chief Economist Lawrence Yun says that the first quarter of 2012 was the best first quarter in five years, and that contract signings imply that the second quarter will be just as good. He also talks about new home inventory, which is at a 50-year low, due to small builders being shut out of the market because of the difficulty in obtaining construction loans.
Video: March Pending Home Sales Rise
Video: March Pending Home Sales Rise
Apr 26, 2012
4:03
- Details
- Transcript
Light Theme
Light
Dark Theme
Dark
Popular
Popular
Window to the Law is a monthly video series that provides valuable risk management tips and information to help real estate professionals navigate legal issues facing the real estate industry.
From the advocacy efforts to technology advances and updates on commercial industry trends, the topics in this series all relate to what’s happening in commercial real estate now and what trends are on the horizon.
These webinars and videos are an extension of the New AE Orientation, intended to provide ongoing learning on association management resources and programs to newly appointed AEs.
Quarterly updates on the National Association of REALTORS® from NAR Leadership.
The hunt is about so much more than the house. Home buying hiccups lead to tough decisions. Guided by the expertise of a REALTOR®, First-Time Buyer puts the real in real estate.
NAR Videos on YouTube
NAR offers additional topics online covering legislation, events, industry news and guides for both NAR members and the public. Visit NAR on YouTube