Browsing Posts In: Real Estate News

January 31, 2017 Posted by: Nadia Evangelou, Research Economist

The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in November reached a new high and is up 5.6 percent from a year earlier.  But what does this mean for homeowners? Home prices affect the wealth of homeowners. As the price of housing increases, […]

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January 30, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

REALTORS® reported that first-time homebuyers accounted for 32 percent of residential sales in 2016 (30 percent in 2015), according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] Sustained job growth and improving incomes along with the aging of the Millennial generation […]

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

This quarter marks the 13th Survey of Mortgage Originators in which lenders shared insights about current trends in lending. This survey covered lenders’ experiences in the 4th quarter of 2016 and included questions on shortages of appraisers and the impact of rising mortgage rates. Lenders remain optimistic, but wary of rising rates with the majority […]

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

This quarter marks the 13th Survey of Mortgage Originators in which lenders shared insights about current trends in lending. This survey covered lenders’ experiences in the 4th quarter of 2016 and included questions on shortages of appraisers and the impact of rising mortgage rates. Lenders remain optimistic, but wary of rising rates with the majority […]

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January 26, 2017 Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this December fell from last month. Despite the decrease this month, 2016 was still the best year of existing-home sales in the last ten years. December’s existing-home sales reached the 5.49 million seasonally adjusted annual rate and existing-home sales are modestly up […]

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Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this December fell from last month. Despite the decrease this month, 2016 was still the best year of existing-home sales in the last ten years. December’s existing-home sales reached the 5.49 million seasonally adjusted annual rate and existing-home sales are modestly up […]

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Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?” REALTORS® reported that properties typically stayed on the market for fewer […]

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Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?” REALTORS® reported that properties typically stayed on the market for fewer […]

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January 25, 2017 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 predominate on Fridays and the end of the month. Here is the data to back up your intuition: As we start the New Year, this is a good time to take a […]

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

REALTORS® reported stronger homebuying demand in 2016 compared to 2015, according to the December 2016 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1] For the year 2016, the REALTORS® Buyer Traffic Index registered at 63 (60 in 2015), indicating that more respondents viewed buyer traffic […]

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