www.nar.realtor - Research

Instant Reaction: Jobs, September 6, 2024

Fri, 06 Sep 2024 13:27:31 +0000

The softening job figures suggest that the Federal Reserve will cut interest rates in mid-September.

HMDA and Housing Demand

Thu, 05 Sep 2024 20:51:02 +0000

Nationwide, the number of home-purchase loan applications has declined from 7.9 million to 6.5 million.

Instant Reaction: Mortgage Rates, September 5, 2024

Thu, 05 Sep 2024 16:37:05 +0000

The average 30-year fixed mortgage rate from Freddie Mac remained unchanged at 6.35% this week from last week.

August 2024 Commercial Real Estate Market Insights

Thu, 29 Aug 2024 21:03:35 +0000

In July 2024, office vacancy rates remained at a record high of 13.8%, retail and industrial fundamentals softened, and demand for apartments surged.

Instant Reaction: Mortgage Rates, August 29, 2024

Thu, 29 Aug 2024 16:30:08 +0000

The average 30-year fixed mortgage rate from Freddie Mac dropped to 6.35% this week from 6.46% last week.

Pending Home Sales Dropped 5.5% in July

Thu, 29 Aug 2024 13:30:03 +0000

Compared to one year ago, pending home sales increased in the Northeast but decreased in the Midwest, South and West.

Trends in Housing Affordability: Who Can Currently Afford to Buy a Home?

Tue, 27 Aug 2024 15:26:37 +0000

With mortgage rates recently falling below 6.5%, there has been an improvement in housing affordability.

July 2024 Foot Traffic

Thu, 22 Aug 2024 18:46:58 +0000

Nationally, Sentrilock home showings were up 1% year-over-year. Showings increased in the Northeast and the South regions of the U.S., and declined in the Midwest and West regions.

Existing-Home Sales Advanced 1.3% in July, Ending Four-Month Skid

Thu, 22 Aug 2024 13:26:14 +0000

Consumers are seeing more choices, and affordability is improving due to lower interest rates.

What Is "Demure and Mindful" to Real Estate? Let's Look at First-time Buyers

Wed, 21 Aug 2024 16:01:01 +0000

First-time buyers have to be "demure and mindful" in many ways: finances, prior living situation, buyer offers, and working with a real estate agent.