Tag Archives: Lawrence Yun

NAR is set to release their latest analysis of pending home sales, as buyer interest is increasingly waning due to high asking prices.

Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.

An examination of existing-home sales by NAR will gauge the nation’s housing inventory, as high prices are forcing more to re-consider their purchase decisions.

A new study found that pending home sales fell in June, with record low rates not enough to lure potential homebuyers to a market currently experiencing a spike in prices.

Both purchase apps and refinances showed declines this week, as first-time homebuyers are being “squeezed” out of the market as a result of short supply and high prices.

Bidding wars and record high price tags did not slow pending home sales over the past month, as record-low mortgage rates are still luring buyers into the market.

The demand for vacation and second home sales is outpacing the overall growth in existing-home sales, according to a new survey.

Affordability remains a major stumbling block for homebuyers, with a dwindling supply forcing more to hold off making a home purchase.

With supply remaining tight, homebuyers scrambled in Q1 to buy up the remaining inventory, driving home prices to year-over-year highs in 99% of the nation’s metro markets.

Rates remain at historically-low levels, as Americans are finding it an opportune time to refi, while new home seekers continue to sit on the sidelines due to tight inventory and high prices.