NAR

Existing-home sales and contract signings both saw modest gains in March, even as low supply and higher mortgage rates continued to affect overall affordability. Visit https://www.nar.realtor/videos/housing-minute to watch a 56-second, animated video from the National Association of Realtors® summarizing how the housing market performed in March, as well as a look at consumer optimism about [...]

The Pending Home Sales Index inched up 0.4 percent to 107.6 in March from a downwardly revised 107.2 in February. Even with last month’s increase in activity, the index declined year-over-year (3.0 percent) for the third straight month. Lawrence Yun, NAR chief economist, says that despite the strong job-creating economy, contract activity is not seeing an [...]

By Melissa Dittmann Tracey, REALTOR® Magazine From rustic to modern to even the most luxurious interiors, homeowners are sprucing up their spaces with cowhide. Cowhide rugs have seen one of the biggest jumps in Google searches on home design trends over the last decade, according to Digital Third Coast’s latest design trends study, based on [...]

Erica Christoffer By Erica Christoffer Social media is likely a key part of your marketing and brand strategy. Many real estate professionals make it the crux of their lead generation, which is why social listening is so important. There’s a common misconception that social listening and social monitoring are the same thing, according to NetBase, [...]

Communication, design, leads, rentals, blockchain, and education. Elevate your communication game by avoiding the words on this list. We could get into this kind of team building and personal development. Finally, the snooze button migrates to more areas of life. Bob Bob/flickr/2010 These prefab designs keep getting cooler. You’d never know you were inside a [...]

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on Q1 GDP: “The continuing economic expansion assures further job creations and household formations. However, the latest GDP growth rate (of 2.3%) is short of what is possible. Residential investment spending showed zero growth because single-family and condominium construction have not [...]

NAR released a summary of existing-home sales data showing that housing market activity this March increased 1.1 percent from last month but fell 1.2 percent from last year. March’s existing home sales reached 5.60 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $250,400 in March, up 5.8 percent [...]

Lee Davenport By Lee Davenport Jen Du Plessis is a top producer and in the 1 percent who have sold their methods to Salesforce. Yes, she’s that good. She has shared the stage with Tony Robbins, Les Brown, and Brian Buffini to name just a few. But don’t be fooled by her celebrity network, Du [...]

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates fell to 4.42 percent this February, down 0.2 percent compared to 4.43 percent a year ago. Housing affordability declined from a year ago in February moving the index down 2.7 percent from 164.0 to 159.6. The [...]

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic as “Stronger” (100), “Stable” (50), or “Weaker” (0) and the responses are compiled into a diffusion [...]