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According to a recent survey by the National Association of Realtors® (NAR), the typical U.S. homebuyer spent less and borrowed less in 2011. These and other metrics of home buying were gathered in the NAR's annual Profile of Home Buyers and Sellers released Friday at the Realtors' 2011 Conference...
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According to the National Association of Realtors® (NAR) home sales rose in every state during the third quarter compared to the same period one year earlier but prices continued to decline. The median price of a single family home declined from the third quarter of 2010 in 111 of the 150 metropolitan...
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After posting two strong consecutive months, pending home sales fell in July according to information released Monday by the National Association of Realtors® (NAR). The Pending Home Sales Index (PHDI), a forward-looking indicator of housing market health, registered 89.7 in July, down 1.3 percent...
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Every month we hear about existing home sales , with the usual quote from someone at the NAR. (This time around, Lawrence Yun, NAR chief economist, said, "Affordability conditions this year have been the most favorable on record dating back to 1970, but many buyers are being held back because banks are...
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Pending real estate sales had another strong showing in June according to the Pending Home Sales Index (PHSI) released today by the National Association of Realtors® (NAR). The Index, a forward-looking indicator based on home sales contracts, rose 2.4 percent to 90.9 in June, following an 8.2 percent...
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There's some positive news on the future of home sales. The Pending Home Sales Index rose sharply in May, indicating an upbeat outlook for the second half of the year, according to the National Association of Realtors®. The Index, released on Wednesday, showed pending sales up nationally with every...
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The National Association of Realtors today released Existing Home Sales data for May 2011. Existing Home Sales declined by 3.8 percent to a seasonally adjusted annual rate of 4.81 million in May from a negatively revised 5.00 million pace in April. This is 15.3 percent below the 5.68 million annual pace...
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The National Association of Realtors® (NAR) released its April Pending Home Sales Index (PHSI ) today. The index is said to be a leading indicator for the housing sector; it measures sales activity based on sales of single-family homes, coops and condos. The data reflects contracts but not closings...
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The National Association of Realtors today released Existing Home Sales data for April 2011 Existing Home Sales report on the number of completed real estate sales transactions on single-family homes, townhomes, condominiums and co-ops. The methodology in calculating existing-home sales statistics is...
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Realtors® attending the National Association of Realtors (NAR) mid-year legislative meetings and trade expo in Washington heard a panel of housing experts lay out the several solutions for housing finance reform. The six panelists discussing Fannie Mae & Freddie Mac: Obama Options and Beyond...
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The National Association of Realtors® (NAR) released its February Pending Home Sales Index (PHSI). The index is a leading indicator for the housing sector; it measures sales activity based on sales of single-family homes, coops and condos where contracts have been signed but the transactions have...
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Overheard at work: "AT&T to wed T-Mobile. Following the ceremony, there will be no reception." Hopefully there is reception in rural areas - like Detroit. The Census Bureau has also been releasing the 2010 population counts for various states, including Michigan. Columbus and Indianapolis's populations...
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The National Association of Realtors today released the Pending Home Sales Index for January. The Pending Home Sales index measures housing contract activity. It is based on signed real estate contracts for existing single-family homes, condos and co-ops. A signed contract is not counted as a sale until...
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The National Association of Realtors® recently called on FICO, developer of the credit scoring model of the same name, to revise some of its computations. At issue is the alleged negative impact on consumers when banks and credit card companies unilaterally reduce or cancel credit lines, even when...
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The Department of Housing and Urban Development (HUD) and the National Association of Realtors® (NAR) have joined forces to produce a series of YouTube videos aimed at helping consumers understand and negotiate the home buying process. The videos, previewed before an audience at the NAR convention...