The National Association of Realtors® ( NAR ) announced on Monday that it is launching a new campaign , reaching out to consumers "with the facts about homeownership and the value of real estate as a long-term investment." NAR's Public Awareness Campaign is centered around a new website, www.HousingMarketFacts...
It seems that nary a week can pass without a subprime disaster of some type. This week is no exception although there was at least a bit of variety due to bad news coming from other parts of the housing industry. Here is the rundown. On Tuesday Moody's Investors Service announced it was downgrading its...
Reports on the sales of existing homes for October were released on November 28 by the National Association of Realtors. On a slightly optimistic note, sales were up one-half percent to a seasonally adjusted annual rate of 6.24 million units compared to the upwardly revised figure of 6.21 million in...
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 National Association of Realtors, in a statement released on Tuesday, said that housing sales and prices in 2006 will remain strong but will not achieve the record levels of 2005. Sales of existing homes are expect to drop to 6.74 million this year, a decline of 4.7 percent from the record high 7...
The news on Monday was not good. It looked, in fact, like the housing boom was over and that was the thrust of a lot of the media headlines. Not that a market crash seemed likely, but it did seem as though the housing bubble had developed a tiny little leak. The National Association of Realtors released...
Two studies released in the last few days indicate that both new home construction and the sale of existing homes continue to merrily roll along. The National Association of Realtors (NAR) reported on Monday that, according to preliminary figures, existing home-sales had set yet another new record in...
Both the National Association of Realtors (NAR) and the Department of Commerce (Census Bureau) /U.S. Department of Housing and Urban Development released figures on Tuesday confirming that U.S. housing sales are continuing on a record trajectory. NAR announced that existing-home sales hit an all time...
The National Association of Realtors� (NAR) released its assessment of 2004 home sales on Tuesday. Sales reached a record high for the fourth consecutive year. The report tallied a total of 6,675,000 sales of existing homes for the year, up 9.4 percent from 2003. While December sales slipped 3.3 percent...