NAR: Jan. Pending Home Sales Drop 5.7%

Buyers have problems finding a property, states NAR’s main economist. He won’t be amazed to see demand from customers decline specified current “mortgages, dwelling prices and inventory.” WASHINGTON – Pending property revenue slumped in January, continuing what is now a a few-thirty day period decline in transactions, in accordance to […]

NAR Realtor Relief Fund Telethon Raises $350K

Realtors raised just about $350K in 3 hrs in support of disaster victims. The virtual party, aspect of the “Hope Rising” marketing campaign, celebrated RRF’s 20th anniversary. CHICAGO – Realtors not too long ago lifted almost $350,000 in just a few several hours to assist disaster victims. National Association of […]

NAR: Pending Home Sales Drop 1.8% in July

Year-to-yr deal signings declined 8.5%. NAR Main Economist Lawrence Yun says the current market may well be cooling a little bit, but there is nevertheless not more than enough supply to match demand – but “inventory is gradually increasing” and potential buyers must “see far more selections in the coming […]

NAR: Vacation Home Sales Rose 16.4% in 2020

Lee County tops NAR’s listing of U.S. counties for the maximum boost in getaway household revenue, with Collier County also generating the major 10 listing. In 2020, holiday residence revenue ended up 5.5% of overall current-residence revenue in 2019, they had been 5%. Getaway home median rates had been up […]