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The salary you need to earn to buy a home right now in 23 of the most expensive US housing markets

In the second quarter of 2017, the US housing supply continued to lag, pushing home prices further upward, according to the National Association of Realtors (NAR). By the end of June, there were 1.96 million existing homes availableShow More Summary

Lawler: Early Read on Existing Home Sales in July

From housing economist Tom Lawler:Based on publicly-available local realtor/MLS reports from across the country released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at...Show More Summary

July housing starts take turn for the worse

June's housing starts report was heralded as "welcome news" by National Association of Realtors (NAR) Chief Economist Lawrence Yun, who said increasing residential construction was the key to lowering home prices. This month, however, housing starts have taken a turn for the worse. ...

Home builder sentiment at highest level since May: NAHB

CNBC's Diana Olick reports the latest read on housing market sentiment from the National Association of Home Builders.

NAHB: Builder Confidence increased to 68 in August

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in August, up from 64 in July. Any number above 50 indicates that more builders view sales conditions as good than poor.From NAHB: Builder...Show More Summary

Homebuilder sentiment soars in August on strong sales

U.S. homebuilders bounce back as current sales and sales expectations leap forward. National Association of Home Builders/Wells Fargo Housing Market Index now stands at 68.        

Pending Home Sales Rose in June, Better Than Forecast

By Jill Mislinski – Today the National Association of Realtors released the June data for their Pending Home Sales Index. Here is an excerpt from the latest press release...

Pending home sales rebound in June as buyers act fast

Contract signings are up again, which means pending home sales are back in action. June's Pending Home Sales Index, a monthly forward-looking indicator measured by the National Association of Realtors (NAR), grew 1.5 percent to 110.2 in June from an upwardly revised 108.6 in May after declining for three straight months...

Family Home in Georgia Inspired by the English Countryside

We love how this family home in Chattahoochee Hills, Georgia, revives rustic details and delivers sophistication throughout. Swann Wynd Bridge Residence was completed by Washington-based National Association of Home Builders and has a total area of 2,475 square feet. Show More Summary

Home Sales Data Points to the Coming Bloodbath in US Housing Market

Every month the National Association of Realtors puts out a report that it calls “Existing Home Sales.” The financial “news” media dutifully reports the story as if it is news, when it is really history. Existing Home Sales is actually a rubber stamp figure from sales data we had a month or two before. Show More Summary

US existing home sales stumble as prices hit record high

The National Association of Realtors said existing home sales dropped 1.8 percent to a seasonally adjusted annual rate of 5.52 million units last month.

Sunday Night Futures

Weekend:• Schedule for Week of July 23, 2017Monday:• At 10:00 AM ET, Existing Home Sales for June from the National Association of Realtors (NAR). The consensus is for 5.58 million SAAR, down from 5.62 million in May. Housing economist...Show More Summary

Lawler: Early Read on Existing Home Sales in June

From housing economist Tom Lawler:Based on publicly-available local realtor/MLS reports from across the country released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at...Show More Summary

Home Builder Confidence Slipped in July but Remained Elevated

The National Association of Home Builders (NAHB) and Wells Fargo reported that the Housing Market Index continued to reflect strength despite slipping once again in July to its lowest level... The post Home Builder Confidence Slipped in July but Remained Elevated appeared first on Shopfloor.

America’s surging exports of homes

Ben Cole directed me to this interesting story: The National Association of Realtors released a report Tuesday that said foreign buyers and recent immigrants spent an estimated $153 billion on American properties in the year ending March 2017. That was a 49% increase over the previous year and the highest level since record-keeping began in […]

Builder confidence dips two points to 64 as lumber prices take a toll

Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016. READ MORE www.metrointel.com

5 Things to Consider Before Buying a Home When You're Single

It's become increasingly common for people to buy a home by themselves instead of as a couple. According to the National Association of Realtors' Profile of Homebuyers and Sellers, new homeowners in 2016 were comprised of 17 percent single females and 7 percent single males. Buying a home is a big...

NAHB: Builder Confidence decreased to 64 in July

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 64 in July, down from 66 in June. Any number above 50 indicates that more builders view sales conditions as good than poor.From NAHB: Builder...Show More Summary

Americans still believe in homeownership despite affordability concerns

According to the National Association of Realtors 2017 National Housing Pulse Survey, 60 percent of respondents said affordability and the rising cost of buying or renting a home in their area is a concern. Furthermore, 44 percent categorized the issue as a "very big" or "fairly big" problem...

4 strategies for keeping your real estate pipeline full — regardless of the market conditions

The current real estate market is thriving: Sales are high, and home prices are increasing. According to the National Association of Realtors (NAR), existing-home sales were at a seasonally adjusted annual rate of 5.57 million in April 2017, a 1.6 percent increase over April...

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