Items Tagged with 'Lawrence Yun'


Pending home sales barely increase, driven by surge in the Northeast

There’s a silver lining for potential homebuyers
After a series of declines, pending home sales, while small, posted a slight increase, largely fueled by a surge in the Northeast. On the positive side, NAR’s chief economist, said that the silver lining from the market turmoil in recent weeks is the fact that mortgage rates have stayed low.
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Existing home sales to finish 2015 at record level

Housing starts struggle to keep up
Existing home sales are expected to finish the year at their highest level since 2006, according to the National Association of Realtors’ economic forecast. However, there are still several variables hanging in the balance that could change this.
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From HW Magazine

The new economists

How new economic models and voices are shaking up the status quo
People are listening to real estate economists today in a way that anyone who covered the industry a decade or more ago would not recognize. Smoke is one of the members of this new wave of real estate economists. In fact, Smoke is actually the newest one on the block. The upstart economists at places like Trulia and Zillow are still new, Smoke is just the latest player to join the game.
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Existing home sales tick up 1.5% in October

Second month in a row of gains brings pace to highest in 11 months
Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association of Realtors.
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