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NAR’s Lawrence Yun Predicts US Home Prices Won’t Experience Major Decline, Could Possibly Rise Slightly in 2023 if Mortgage Rates Remain at 7%
Yun Predicts US Home Prices Won’t See Major Decline Inflation, elevated mortgage rates, and limited housing inventory will prevent large home price drops for most of the U.S. in 2023. Media Contact: Troy Green 202-383-1042 Residential Real Estate
Pending Home Sales Waned 10.2% in September
Pending home sales fell for the fourth consecutive month in September, declining month-over-month and year-over-year in all regions of the U.S. www.nar.realtor – Research
Selling a Second Home— at Least a Part of It
With new apps, real estate pros are offering clients a way to buy vacation homes at a fraction of the cost. www.nar.realtor – Vacation, Resort, and Second Homes
Pending Home Sales Edge Higher 0.7% in May
Pending Home Sales Edge Higher 0.7% in May Pending home sales crept higher in May, ending a six-month streak of declines. However, year-over-year contract activity slid across the U.S. Media Contact: Troy Green 202-383-1042
Remodeling Your Home, Love Your Home!
According to a new report from NAR, homeowners who complete a remodeling project are more satisfied with their home. www.nar.realtor – Real Estate Story Ideas
Home Price Gains Contract Slightly in April
As the housing market shifted under the weight of elevated mortgage rates and inflation in April, the most recent S&P CoreLogic/Case-Shiller Indices show that price growth for single-family homes in the U.S. experienced a mild acceleration. The organization revealed that home prices climbed 20.4% in April, slightly down from March’s 20.6%. All 20 cities saw […]
Pending Home Sales Descend 3.9% in April
Pending Home Sales Descend 3.9% in April The latest contract signings mark six consecutive months of declines and are at the slowest pace in nearly a decade. Media Contact: Quintin Simmons 202-383-1178
Most Home Buyers Use Real Estate Agents
Buying a home is a significant financial transaction, and according to a new report from NAR, 87 percent of all buyers will use a real estate agent to help navigate it. www.nar.realtor – Real Estate Story Ideas
Remodeling: New Hardwood Floors and Home Offices Bring Most Joy
A new report analyzes a why people decide to remodel, the general costs of specific remodeling tasks, and the fulfillment experienced after a successful project has been completed. www.nar.realtor – Research