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Items Tagged with 'NAR'

ARTICLES

Pending home sales drop 7.3% YOY on flat wages, short supply

Biggest drop and biggest miss of 2014 augurs ill for housing
July 28, 2014

Pending home sales dropped off in June, according to the National Association of Realtors, dropping 1.1% from May and falling 7.3% from June 2014 in the biggest decline in 2014 and the biggest miss of expectations in 2014 as well.


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Existing home sales in June down 2.3% YOY

Slight uptick from May brings pace to highest since October 2013
July 22, 2014
Existing home sales declined 2.3% in June 2014 from June 2013, reaching an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors.
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NAR: Big banks exiting FHA loans is a "bad trend"

JPMorgan Chase debates stopping FHA-backed loans
July 18, 2014
Just as the Federal Housing Administration is celebrating its 80th anniversary, big banks are debating ending their lending relationships with the administration.
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NAR: One chart shows widening affordability gap

Home prices keep trending higher
July 15, 2014
Housing affordability is taking a giant hit as home prices continue to rise, and this chart shows just how severe the decline is.
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Foreign investors go big on U.S. real estate

International buyers want American sand and sun
July 8, 2014
Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers, who snapped up $92.2 billion in U.S. real estate properties and investments between April 2013 and March 2014.
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Here’s where Realtors expect home prices to grow the most

Survey shows NAR members expect slowdown from 2013 growth
July 6, 2014
Home price appreciation is slowing markedly, and a survey of members of the National Association of Realtors shows they generally expect home prices to increase in all states and the District of Columbia over the next 12 months.
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Judge issues preliminary injunction against Zillow, Errol Samuelson

Move, NAR win first round in trade secrets lawsuit
July 2, 2014
Move and the National Association of Realtors have just won the opening battle against Zillow and Zillow exec Errol Samuelson, with a bombshell injunction that enjoins the second-most important executive at Zillow from doing the job he was hired to do.
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Top housing associations place bets on politics

June 25, 2014
As election season looms closer, top housing associations are quickly pouring money into candidates they favor.
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Effinger: The reality behind NAR’s spin on home sales

It's better to educate consumers
June 24, 2014
Following HousingWire reporter Trey Garrison’s piece “4 charts show the phony thrill of existing home sales,” Lynn Effinger argues that NAR and other trade associations involved in the industry need to spend less time spinning and more time educating consumers.
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Existing home sales surge 4.9% in May

Is this the light at the end of the tunnel?
June 23, 2014
According to newly released data from the National Association of Realtors, May’s existing home sales rose by nearly 5% over April’s numbers. May’s month-over-month gain of 4.9% was the highest monthly rise since August 2011.
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