Tag Archives: National Association of Realtors

In his first live interview, Bob Goldberg, new CEO of the National Association of Realtors (NAR) discussed what he would like to do differently when it comes to innovation in the real estate market.

Though the concept of home staging is by no means new, not all decorating endeavors have the same impact. Learn where successful sellers’ agents put their budgets.

Chase Mortgage is teaming up with the bank’s credit card arm to deepen its relationships with existing customers—thanks in large part to one innovative mind. This feature originally appeared in the June 2017 issue of MReport.

The National Association of Realtors reported in their Pending Home Sales Index that contract signings are continuing their now three month pattern. Repeat buyers have it tough and first-time homebuyers can’t catch a break.

Home prices spiked again, according to the May 2017 Existing Home Sales Index. Total unsold inventory saw a slight uptick compared to April 2017, but is still relatively low, and median home prices are continuing to rise. Seasonally adjusted, there were 5.62 million existing homes for sale, a small increase from April 2017, but how long will this trend sustain itself?

Local job markets have improved and mortgage rates are at a historic low, however U.S. homeownership rates are stagnant at a 50-year low. The main barriers experts are seeing, according to a recent report, are post-foreclosure stress disorder, mortgage availability, the growing burden of student loan debt, single-family housing affordability, and single-family housing supply shortages. Industry professionals explain what needs to be done in order for this to change.

Year-over-year pending home sales indexes are down across the country in April for a second straight month due to a lack of inventory and an increase in prices. However, home sales activity still remains historically high, even during the downturn. Experts believe the market is still on track to post end-of-the-year increases, especially once real-estate investors decide to unload their rental properties.

Existing home sales took a drop in April as prospective buyers and middle-income homeowners faced problems in the current housing market. Tightening supply continues to drive up prices. Properties, on average, stayed on the market for a month.

New residential sales statistics came out Tuesday from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. According to the National Association of Realtors (NAR), the drop in new home sales for April could be worrisome for first time and low-income homebuyers as inventory shortage is likely to cause the price of new homes to rise more than it has previously. As it stands, newcomers to home buying will continue to face financial and availability challenges.

A crowded seller’s market has left some homeowners who want to move into nicer homes frustrated. Though they are getting record-high offers for their starter abodes, when it comes time to buy, their money is not going as far in the trade-up market. Based on seven criteria, here is a list of the 10 hardest places to trade up.