The National Association of Realtors� (NAR) presently claims 1.2 million members. We figure those are figures from 2007, pre-dating the worst of the housing free fall and that there have been many dropouts since then. These NAR membership numbers include more than just agents who sell property for a...
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development issued their monthly joint report on August new house sales on Thursday. Like statistics on the sales of existing homes issued earlier in the week by the National Association of Realtors (NAR), sales were off significantly...
The National Association of Realtors has backpedaled on previous housing forecasts with it U.S. Economic Outlook report for June released on Wednesday. NAR has consistently asserted that the housing bubble would not burst but rather would deflate and, when it happened, there would be a soft landing ...
According to figures released on Thursday by the Department of Housing and Urban Development and the U.S. Census Bureau, new house sales in April showed the first improvement of the year, and a substantial one at that. Last December new house sales were at a seasonally adjusted annualized rate of 1,019...
Reports on January sales of both new and existing houses were released this week. Conclusions were, to say the least, mixed. The National Association of Realtors report on the sales of existing home in January stated that those sales had hit the highest level in seven months, increasing to a seasonally...
Existing-home sales had a rough 2006 fourth quarter according to figures released Thursday by the National Association of Realtors. Total existing-home sales including single-family houses, condos, townhouses, and coops were at a seasonally adjusted annual rate of 6.24 million units during the quarter...
Accentuate the positive. Gild the lily. Lots of cliches come to mind after reading the third quarter summary of existing home sales released on Monday by the National Association of Realtors. While the statistics showed that sales of previously owned homes and condos were down 12.7 percent from the third...
Buyers have been hoping for it and sellers have been dreading it but home prices have apparently started a long-expected decline while existing home sales continued their five month slide. On the price front the change is not dramatic, at least not yet. The monthly survey conducted by the National Association...
Home buyers have waited for years but perhaps the agony is over. It is official; the National Association of Realtors® has confirmed that we are now in a buyers' market . According to the NAR June report on existing home sales issued last week there is now a 6.8 month supply of existing homes on...
The usual spate of monthly reports on new home sales, existing home sales, housing starts, and builder confidence were all released recently. Taken together they do little to clarify the state of the housing market. First out was the National Association of Home Builders/Wells Fargo Housing Market Index...