Browsing Posts In: Blog

March 24, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” REALTORS® reported strong home buying demand amid tight supply in February 2017, according to the February 2017 REALTORS® Confidence Index Survey […]

... Read More

Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” REALTORS® reported strong home buying demand amid tight supply in February 2017, according to the February 2017 REALTORS® Confidence Index Survey […]

... Read More

Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this February is down 3.7 percent from last month but improved 5.4 percent from last year. February’s existing-home sales reached the 5.48 million seasonally adjusted annual rate.  The national median existing-home price for all housing types was $228,400 in February, up 7.7 […]

... Read More

Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this February is down 3.7 percent from last month but improved 5.4 percent from last year. February’s existing-home sales reached the 5.48 million seasonally adjusted annual rate.  The national median existing-home price for all housing types was $228,400 in February, up 7.7 […]

... Read More

Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this February is down 3.7 percent from last month but improved 5.4 percent from last year. February’s existing-home sales reached the 5.48 million seasonally adjusted annual rate.  The national median existing-home price for all housing types was $228,400 in February, up 7.7 […]

... Read More

March 22, 2017 Posted by: Ken Fears, Director, Regional Economics and Housing Finance

In late January, the new Trump administration froze a number of policy changes made in the waning days of the Obama Presidency. One such change, a 25 basis point increase in the mortgage insurance premium (MIP) charged by the Federal Housing Administration (FHA), was previously analyzed by NAR Research. Here we report local impacts of […]

... Read More

March 20, 2017 Posted by: Blog Contributor

Many do-it-yourself painters spend hours selecting the perfect paint colors, but give far less thought to the sheen they’ll use.  That’s short sighted, according to Debbie Zimmer, spokesperson for the Paint Quality Institute. “Paint sheen affects not only the initial appearance of a paint job, but also its long-term performance,” says Zimmer.  “So, it’s important to carefully […]

... Read More

March 17, 2017 Posted by: George Ratiu, Director, Quantitative and Commercial Research

Economic activity continued on an upward trend in the last quarter of 2016, but at a slower pace, as the first estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis documented. Preliminary figures indicated that GDP rose at an annual rate of 1.9 percent, on par with the average 1.9 percent […]

... Read More

Posted by: George Ratiu, Director, Quantitative and Commercial Research

Economic activity continued on an upward trend in the last quarter of 2016, but at a slower pace, as the first estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis documented. Preliminary figures indicated that GDP rose at an annual rate of 1.9 percent, on par with the average 1.9 percent […]

... Read More

March 15, 2017 Posted by: Nadia Evangelou, Research Economist

Existing-home sales rose 3.3 percent in January from one month prior while new home sales increased 3.7 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income […]

... Read More