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NAR to Plant 215,000 Trees in Idaho National Forests, Capturing CO2 Emissions Equivalent to More Than 12 Million Gallons of Gasoline Consumed

NAR to Plant 215K Trees in Idaho National Forests The trees planted by NAR, through the National Forest Foundation, will capture 107,500 metric tons of carbon dioxide emissions over their lifetimes. Media Contact:  Lauren Cozzi 202-383-1178 Sustainability

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NAR Forecasts 4.78 Million Existing-Home Sales, Stable Prices in 2023

2023: 4.78 Million Existing-Home Sales, Stable Prices NAR’s Chief Economist, Lawrence Yun, unveiled the association’s forecast for 2023 during NAR’s fourth annual year-end Real Estate Forecast Summit. Media Contact:  Troy Green 202-383-1042

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One-of-a-Kind Houston Penthouse Sells for $6.9 Million

Property Highlights: Where: Houston, Texas Sold For: $ 6.9 million Features: 9,500-square-foot penthouse with six bedrooms and six bathrooms Added Appeal: 600-bottle, climate-controlled wine room, expansive outdoor space with private pool, movie theater, golf simulator, Himalayan sauna and steam room Perched atop the Astoria in Houston is a full-floor residence with all the bells and […]

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More Than 1 Million Loans in Forbearance Scheduled to Expire in June; Builder Confidence Stays Steady

The number of loans in active forbearance plans dropped by 2.7 percent last week. Black Knight says this continues a recent trend of strong improvements in the forbearance numbers in the early part of each month. The 61,000 loans that exited the program during the week ended May 11 leaves 2.16 million loans still in […]

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First-time Buyer Share Declines to 31% in September 2020 But Still Hits 2 Million

Amid more intense buyer competition, rising prices, and higher credit qualifications, the share of first-time buyers continued to decline to 31% in September. www.nar.realtor – Research

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Existing-Home Sales Soar 9.4% to 6.5 Million in September

Existing-Home Sales Soar to 9.4% in September Each of the four major regions experienced both month-over-month and year-over-year growth. Media Contact:  Quintin Simmons 202-383-1178

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Layoffs declined slightly to 1 million last week

A drop in claims for unemployment checks implies that even with new layoffs there are job creations and people are able to come off unemployment. www.nar.realtor – Research

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