Browsing Posts In: Real Estate News

February 6, 2017 Posted by: Danielle Hale, Director of Housing Statistics

While local conditions vary, the REALTORS® Buyer Traffic Index and the REALTORS® Confidence Index—Current Conditions for single-family homes remained above 50 in December 2016, indicating that more respondents reported “strong” than “weak” conditions, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market […]

... Read More

Posted by: Danielle Hale, Director of Housing Statistics

While local conditions vary, the REALTORS® Buyer Traffic Index and the REALTORS® Confidence Index—Current Conditions for single-family homes remained above 50 in December 2016, indicating that more respondents reported “strong” than “weak” conditions, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market […]

... Read More

February 3, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

REALTORS® reported that sales of distressed properties continued to fall in 2016, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Distressed sales accounted for seven percent of sales (eight percent in 2015). With rising home values, improved economic conditions, and […]

... Read More

February 2, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

More first-time homebuyers avail of a low downpayment loan compared to all homebuyers, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among first-time homebuyers who obtained a mortgage and whose transactions closed in October—December 2016, 81 percent made a downpayment […]

... Read More

Posted by: Scholastica (Gay) Cororaton, Research Economist

More first-time homebuyers avail of a low downpayment loan compared to all homebuyers, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Among first-time homebuyers who obtained a mortgage and whose transactions closed in October—December 2016, 81 percent made a downpayment […]

... Read More

Posted by: Danielle Hale, Director of Housing Statistics

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Data Analyst, Hua Zhong. You probably know that home closings slow down during the holidays and the earlier part of the week. Here is the data to back up your intuition: The sales data for December 2016 is still preliminary, but […]

... Read More

February 1, 2017 Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of pending home sales data showing that December’s pending home sales made a comeback and are up 1.6 percent from last month and also up 0.3 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to close. They tend […]

... Read More

Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of pending home sales data showing that December’s pending home sales made a comeback and are up 1.6 percent from last month and also up 0.3 percent from a year ago. Pending sales are homes that have a signed contract to purchase on them but have yet to close. They tend […]

... Read More

January 31, 2017 Posted by: Ken Fears, Director, Regional Economics and Housing Finance

On January 10th, the FHA lowered its annual mortgage insurance premium (MIP) by 25 basis points. That decision was put on hold pending a review on January 21st. This alteration to the FHA’s fee structure was unique as it made many borrowers in the current pipeline eligible for the fee reduction. NAR Research surveyed a […]

... Read More

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

On January 10th, the FHA lowered its annual mortgage insurance premium (MIP) by 25 basis points. That decision was put on hold pending a review on January 21st. This alteration to the FHA’s fee structure was unique as it made many borrowers in the current pipeline eligible for the fee reduction. NAR Research surveyed a […]

... Read More