News
- Builders Concerned About Sudden Pullback in New-Home MarketOne in five reported reducing their prices in the past month to increase sales and limit contract cancellations. But a better outlook may be on the horizon, says NAR Chief Economist Lawrence Yun. Read more »
- What Climate, Health Care Bill Doesn’t DoInflation Reduction Act leaves out tax measures that would have derailed real estate investment. Read more »
- 10 Most Affordable Lake TownsWater views for less than $300,000? A realtor.com® study identifies where buyers can snag waterfront property at an affordable price. Read more »
- Mortgage Rates Rocket Back Above 5%, But Market ‘Stabilizing’Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist. Read more »
- Double-Digit Home Price Gains in Q2 Erode Affordability Even More“Home prices have increased at a pace that far exceeds wage gains, especially for low- and middle-income workers,” says NAR Chief Economist Lawrence Yun. Read more »
- Yun: Slowing Inflation Suggests Mortgage Rates Have Topped OutNAR’s chief economist shares what now needs to happen to bring down borrowing costs and increase affordability for home buyers. Read more »
- WCR Grants Aim to Inspire More Women Real Estate LeadersWhile women make up more than 60% of the real estate profession, they do not hold nearly that same level of representation in industry leadership roles. Read more »
- Mortgage Rates Dip Below 5%; Buyers Get ‘A Second-Chance Opportunity’The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist. Read more »
- Yun: Possible Economic Downturn Likely to Be MildA contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist. Read more »
- NAR’s REACH Labs Makes First Multi-Association AllianceREALTOR® associations and an MLS band together in the Chicago area to bring more tech innovation to its members. Read more »