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Pending home sales drop to lowest in a year, down in January

``House hunters signed 2.8 percent fewer contracts to buy existing homes in January compared with December, although December's read was revised slightly higher, according to the National Association of Realtors. The group's so-called pending home sales index is now just 0.4 percent higher than January 2016, and this is the lowest reading since then. Show More Summary

Would-be buyers kept at bay as pending home sales slide in January

The real estate roller coaster continues as the National Association of Realtors' Pending Home Sales Index (PHSI) slides to its lowest level in a year...

Here come pending home sales ...

The National Association of Realtors will release data on pending home sales at 10 a.m. ET. Economists forecast that pending sales rose by 1% during the month, according to Bloomberg. The series serves as a forward indicator of future...Show More Summary

Existing Home Sales Jump to their Fastest Rate in Nearly 10 Years

The National Association of Realtors (NAR) reported that existing home sales increased 3.3 percent in January, rising to its highest annual level since February 2007. There were 5.69 million existing...

US existing home sales hit 10-year high in January

WASHINGTON, Feb 22 (Reuters) - U.S. home resales surged to a 10-year high in January as buyers shrugged of higher prices and mortgage rates, a sign of growing confidence in the economy. The National Association of Realtors said on Wednesday existing home sales jumped 3.3 percent to a seasonally adjusted annual rate of 5.69 million units last month. Show More Summary

Here come existing home sales ...

The National Association of Realtors will publish details of US existing home sales during January at 10 a.m. ET. Economists forecast that sales of existing condos, coops, townhomes, and single-family houses rose 1.1% at a seasonally...Show More Summary

Why the term ‘Realtor’ matters in the real estate profession

Marc Davison wrote a piece earlier this week exploring the hypothetical rebranding of the term "Realtor" applied to National Association of Realtors (NAR) members to make the term more relevant to the public...

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

In the final quarter of 2016, home prices in the US climbed past expectations as the housing supply reached record lows, according to the National Association of Realtors (NAR). On average, 87% of the 150 housing markets tracked by NAR experienced rising home prices in 2016, up from an average of 75% in 2014. Show More Summary

Home prices reached peak levels in majority of metros in 2016

The National Association of Realtors (NAR) released its latest Metropolitan Median Area Prices and Affordability report, which boasted the best quarterly sales pace of the year and the highest sales prices since 2005 in half of the measured markets...

6 polarizing real estate practices: Where do you stand?

To try to win new business, many real estate agents cold call homesellers after they take their homes off the market. But according to Nobu Hata, director of membership engagement at the National Association of Realtors (NAR), a handful have taken things a step further: they contact the families of those homeowners as well...

How much down payment is required to buy? NAR aspiring buyer profile shows most don’t know

The National Association of Realtors (NAR) released its 2016 Aspiring Home Buyer Profile, which revealed one of the top barriers would-be homebuyers face -- misconceptions about down payments...

Are MLSs and associations held to the same rules as members?

The MLS rules and the Realtor Code of Ethics should be honored by everyone, including the MLS and National Association of Realtors (NAR)...

A response to a broker’s open letter from NAR CEO Dale Stinton

Dear Daniel, I read your "open letter" on Inman regarding some ideas you have for the National Association of Realtors to do a better job. (You offered similar thoughts back in 2013, but regrettably, I didn't see that one.)...

Pending home sales close 2016 slightly up from 2015

While the National Association of Realtors’ Existing-Home Sales Report signaled an "autumn revival" last fall, the Pending Home Sales Index (PHSI) painted a bit of a different picture, with rollercoaster indices that took a sharp turn downward in November thanks to continuing inventory problems and increasing mortgage rates...

Here come pending home sales...

The latest report on pending home sales from the National Association of Realtors (NAR) is due out at 10:00 a.m. ET. The measure of single family homes, co-ops, and condos with contracts signed is expected to rise by 1.1% for the month of December from the month before. Show More Summary

Ty Burrell (aka Phil Dunphy) lists $1.398M penthouse on Redfin

In May, The National Association of Realtors got "modern" when Modern Family character Phil Dunphy, played by actor Ty Burrell, sported a Realtor pin during an episode...

NAR existing-home sales: ‘Soft’ ending to a strong year

"The Autumn Revival" cooled off in December, but the National Association of Realtors Chief Economist Lawrence Yun said that's nothing to sneeze at after experiencing the strongest housing market seen since the Great Recession...

Existing US home fell in December as supplies at 17-year low

Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National Association of Realtors said Tuesday that … Click to Continue »

An open letter to the new CEO of NAR

Dear incoming CEO of the National Association of Realtors, I am just a lowly 30-something broker of a three-agent office, serving a small rural niche with only a decade of real estate under my belt...

RESO Standards Adoption Report

The Real Estate Standards Organization (RESO) has driven the most important data solution for real estate brokers over the past year. With support from the National Association of REALTORS®, all NAR® affiliated MLSs (think Association Owned) are required to adopt the RESO standard for MLS data. Show More Summary

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