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A Few Comments on May Existing Home Sales

Earlier: Existing Home Sales increased in May to 5.53 million SAARAs usual, housing economist Tom Lawler nailed the NAR report. I project that May existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.55 million in MayFor existing homes, inventory is still key. Show More Summary

Existing home sales rise in line with forecasts

Existing home sales rose 1.8% at a seasonally adjusted annual rate of 5.53 million, according to the National Association of Realtors. The rate was the highest since February 2007. Meanwhile, the median price of an existing home rose...Show More Summary

Realtor membership: Is now the time to make it a choice?

In the past couple of weeks, there has been much discussion about the National Association of Realtors on Inman and social media. It began with an Inman article about NAR staff and volunteer leader compensation, followed by Rob Hahn’s...Show More Summary

In the USA, NAR Backs Identity Verification Tech Trust Stamp

The US National Association of Realtors (NAR) is funding Trust Stamp a company using the Ethereum blockchain and artificial intelligence to create an identity authentication system for real estate applications. The post In the USA, NAR Backs Identity Verification Tech Trust Stamp appeared first on Property Portal Watch.

D.C. a top metro for millennial homebuyers

You hear it time and time again: Millennials aren't buying homes. But it might just depend on the city that you cover. The National Association of Realtors recently released a list of the best cities for millennials to buy a home among the nation's 100 largest metro areas, and Washington D.C was at the top of the list...

Lawler: Early Read on Existing Home Sales in May

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

Fed Hasn’t Helped The Housing For Sale Inventory (Except Make It More Expensive!)

Zillow has a great chart on the inventory of housing for sale, showing the steady decline from 2011/2012 onwards. This chart differs from the one generated by the National Association of Realtors (NAR), although they both show a similar decline from 2011/2012 onwards. Show More Summary

Does NAR scrimp or splurge on employees (compared to peers)?

Some real estate agents recently expressed outrage over the level of compensation earned by National Association of Realtors executives. But NAR is actually somewhat of a penny-pincher when it comes to shelling out on employees, at least compared to some of the other largest trade groups, according to a review of 2013 tax forms...

NAR sues Data Distribution Technologies over patent controversy

Two can play the lawsuit game, and the National Association of Realtors just dealt itself in. On June 8, NAR filed a civil complaint against Data Distribution Technologies (DDT) requesting that its patent on a "remotely updated database system" be declared invalid and unenforceable by the U.S. Show More Summary

NAR, the 1980s called — they want their excuses back

This past week, readers reacted with outrage to the article about how National Association of Realtors top employees and board members are compensated. Several people suggested that NAR’s top brass gets paid too much...

Zillow shares jump 7% following $130 million settlement over trade secrets (ZG)

A week before trial was set to begin, Zillow has reached a $130 million settlement with News Corp's Move Inc. and the National Association of Realtors. The deal brings about an end to a two-year long legal battle over trade secrets that...Show More Summary

Zillow Ends Dispute With Move Inc With $130M Settlement

    In a move which surprised the industry, Zillow has reached a $130 million settlement with Realtor.com operator Move Inc. and the National Association of Realtors (NAR) to resolve a long running legal stoush over intellectual property a week earlier than expected. Show More Summary

How much did NAR get for realtor.com last year?

Think real estate agent and broker dues help keep the lights on at realtor.com? Think again. News Corp. subsidiary Move Inc. has paid the National Association of Realtors $9 million for the right to operate realtor.com in the last five years -- nearly $2 million every year...

Where NAR spends its money: Employee compensation

The National Association of Realtors (NAR) is known as one of the most powerful trade groups in the country. It makes almost $200 million in revenue every year, most of that from member dues -- and its largest expenditure, by far, is employee compensation and salaries...

Mortgage Rates: Rising Along With Fed Optimism

Lawrence Yun, chief economist of the National Association of Realtors Mortgage rates rose for the second week, ticking up to 3.64 percent as Fed VIPs hinted they might raise short-term borrowing costs sooner rather than later. A year ago, 30-year, fixed-rate mortgages averaged 3.87 percent, according to Freddie Mac. Rates on long-term [...]

Why interest rates are going to rise

Why are leading housing economists such as Sean Becketti of Freddie Mac, Mike Fratantoni of the Mortgage Bankers Association and National Association of Realtors' Lawrence Yun still worried about rates on the long term? Although Becketti has lowered estimates to 3.9 percent by the end of this year, he still expects rates on a 30-year fixed to hit 4.5 percent in...

?Pending home sales soar, hit 10-year high

National Association of Realtors says its seasonally adjusted pending home sales index surged 5.1 percent last month

Pending US home sales hit highest level since February ’06

WASHINGTON (AP) — Americans signed more contracts to buy homes in April for the third straight month, driving pending home sales to the highest level in more than a decade. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index surged 5.1 percent last month to 116.3, the highest since […]

Here come pending home sales ...

Pending home sales data for April will be released by the National Association of Realtors at 10 a.m. ET. Economists estimate that the gauge of housing contract activity rose 0.7% month-on-month, and 0.2% year-on-year, according to Bloomberg. Earlier...Show More Summary

The Only 5 Rules You Need to Know About Investing in Real Estate

The numbers are impressive: The median existing home price for homes across the United States stood at $232,500 in April, according to the National Association of Realtors. That's up 6.3% from the same month one year earlier, and marks the 50th consecutive month in which median housing prices have...

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