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RealEstateRama News
Pending Home Sales Bounce Back 8.0% in May
Pending home sales rebounded strongly in May, reaching the highest reading ever for the month of May since 2005, according to the National Association of Realtors®. All four U.S. regions registered both month-over-month increases and year-over-year gains for pending home
Existing-Home Sales Decline 2.7% in April
Existing-home sales waned in April, marking three straight months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions witnessed month-over-month drops in home sales, but each registered double-digit year-over-year gains for April
Pending Home Sales Drop 4.4% in April
Pending home sales took a step backward in April, according to the National Association of Realtors®. All four U.S. regions recorded year-over-year increases, but only the Midwest witnessed month-over-month gains in terms of pending home sales contract transactions.
Pending Home Sales Grow 1.9% in March
Pending home sales increased in March, snapping two consecutive months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions experienced month-over-month gains in March
Millennials Dominate Buying Market, Generation Z Now Active Buyers, Says NAR Report
The popularity of multigenerational homes increased over the last year, as a rising number of homebuyers purchased larger residences compared to prior years, including millennials
NAR Identifies the Top 10 Commercial Real Estate Markets for 2021
The National Association of Realtors® identified the top 10 commercial real estate markets for 2021. In alphabetical order, the markets are: Austin-Round Rock, Texas
NAR Thanks Biden Administration for Commitment to Housing in Infrastructure Proposal
National Association of Realtors® President Charlie Oppler issued the following statement on Wednesday thanking the Biden administration for emphasizing housing availability and broadband
Pending Home Sales Retreat 2.8% in January, but Climb From Last Year
Pending home sales took a step backward in January as inventory constraints continue to hold back prospective buyers, according to the National Association of Realtors
All Metro Areas Saw Home Prices Rise During Fourth Quarter of 2020
Every metro area tracked by the National Association of Realtors® through the fourth quarter of 2020 witnessed home prices grow from a year ago, according to NAR's
Pending Home Sales Inch Back 0.3% in December
Despite dropping slightly in the last month of 2020, the latest pending home sales registered as the highest ever recorded in the month of December, according to the National Association of Realtors®. The decrease marks the fourth consecutive month
Existing-Home Sales Rise 0.7% in December, Annual Sales See Highest Level Since 2006
Existing-home sales rose in December, with home sales in 2020 reaching their highest level since 2006, according to the National Association of Realtors®. Activity in the major regions was mixed on a month-over-month basis
Realtors® Call for 2021 Applications for its Volunteering Works Grant and Mentoring Program
For 12 years, the National Association of Realtors® has given Realtors® who have demonstrated a commitment to public service an opportunity to enhance their charitable work
Pending Home Sales Slide 2.6% in November
Pending home sales declined in November, according to the National Association of Realtors®. Month-over-month contract activity fell in each of the four major U.S. regions. However, compared to a year ago
Existing-Home Sales Decrease 2.5% in November
Existing-home sales fell in November, snapping a five-month streak of month-over-month gains, according to the National Association of Realtors®. All major regions either took a step back or held steady in terms
NAR Responds as CFPB Unveils Long-Awaited Update to Qualified Mortgage Rule
NAR President Charlie Oppler issued the following statement after the Consumer Financial Protection Bureau on Thursday released its final qualified mortgage rule, replacing the QM patch before its scheduled expiration on January 10, 2021.
Pending Home Sales Falter 2.2% in September
Pending home sales experienced a minor decline in September after four consecutive months of contract activity growth, according to the National Association of Realtors®. While all four major U.S. regions recorded notable year-over-year increases
Realtors® Expo: 2020 Market Was ‘Exceptional,’ Biden Homebuyer Credit Will Aid with Down Payments
The housing industry has exceeded expectations for 2020 and the marketplace will continue to see home price and sales growth in the coming year, National Association of Realtors® Chief
Property Managers Discuss Rental Assistance, Industry Challenges Brought by COVID-19
As it continues to push for nationwide rental assistance programs, the National Association of Realtors® today welcomed representatives from the Institute of Real Estate Management to discuss how industry professionals are addressing rent
Tech Leaders Discuss Artificial Intelligence and its Impact on the Real Estate Industry
Artificial intelligence, also known as A.I., and automation technologies will have a growing influence on how real estate professionals and consumers buy and sell property, according to a group of technology and data experts who spoke at the 2020
Metro Home Prices Increase in All Areas in Third Quarter of 2020
Every metro area tracked by the National Association of Realtors® during the third quarter of 2020 saw home prices increase from a year ago, according to NAR’s latest quarterly report, released today.
