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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
Elevated Inflation Starts To Hit Consumers’ Pockets; However, Retail Sales Are Higher Than Pre-pandemic
Amid unyielding inflation and rising borrowing costs, consumers are starting to cut spending, mostly on big-ticket items. www.nar.realtor – Research
NAR Report Finds LGBTQ Buyers Purchasing Older, Smaller Homes Than Other Americans
LGBTQ Buyers Purchasing Older, Smaller Homes Homes bought by LGBTQ buyers were 170 square feet smaller and 15 years older, typically, than those purchased by non-LGBTQ buyers. Media Contact: Spencer High 202-383-1051 Working With Buyers, Working With Sellers
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 […]
Pending Home Sales Rise Less Than Expected as Inventory Remains Ultra Tight; Rates Recover After Bumpy Start; Digital Lending Speeds Things Up
While the degree to which is happened was somewhat disappointing, pending home sales did snap out of a two-month slump in March . The National Association of Realtors’® (NAR’s) Pending Home Sales Index (PHSI) rose 1.9 percent to 111.3 in March and is now up 23.3 percent compared to March 2020. However, NAR points out […]
Housing Affordability Weakens in August 2020 as Home Prices Rose Faster than Median Family Incomes
At the national level, housing affordability declined in August 2020 compared to a year ago and fell compared to July. www.nar.realtor – Research