The US housing market is facing a number of challenges in 2023, including rising interest rates, inflation, and a potential recession. These factors could lead to a slowdown in home price growth... Read more »
For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. Well, it’s certainly been a down market. How has the broker channel... Read more »
Statement From NAR Chief Economist Lawrence Yun: Current State of Housing Market and Market Forecast
“The current problem related to the housing market is limited supply. Even before the onset of the pandemic, in 2019, there was a shortage of approximately 4-to-5 million housing units in America.... Read more »
Sheri Koones never expected to become an expert on prefabricated homes. The speech pathologist turned fashion executive—and longtime apartment dweller—had little experience with home building when she purchased a house in the... Read more »
The U.S. housing market, despite some slowdown, remains a race for eager buyers keen on sealing property deals. A blend of soaring mortgage rates, historic lows in available homes, and determined buyers... Read more »
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expects that servicing rulemaking will be issued in the coming months modeled on the lessons learned through the COVID-19 pandemic. “I do anticipate that... Read more »
Key Highlights Existing-home sales retreated 0.7% in August to a seasonally adjusted annual rate of 4.04 million. Sales dropped 15.3% from one year ago. The median existing-home sales price climbed 3.9% from... Read more »
5 Do-Gooders Who Embody the REALTOR® Spirit NAR members make a difference in their communities every day. The REALTORS® Are Good Neighbors program shares heartwarming stories on social media. By: Catherine Mesick... Read more »
The housing market is expected to continue to grow in 2024 and beyond. Zillow now forecasts that the national Home Value Index will rise by 4.9% from August 2023 through August 2024.... Read more »
Engel & Völkers is expanding its New England footprint with the addition of one new shop in the Greater Newburyport area, the company announced on Tuesday. Karen Hanson, who opened another Engel... Read more »