Housing Affordability Conditions Slightly Weaken in November
Compared to the prior month, the national monthly mortgage payment increased by 0.9% while the median family income rose modestly by 0.2%.
Compared to the prior month, the national monthly mortgage payment increased by 0.9% while the median family income rose modestly by 0.2%.
Retail sales recorded a seasonally adjusted total of $626.8 billion in December, a decrease of 1.9% from November.
Mortgage rates surged in the second week of the new year, with the 30-year fixed mortgage rate rising to 3.45% from 3.22% the previous week.
NAR Research is joining in on the currently popular 10-year challenge. Let’s do the 10-year challenge: home buyer edition. For accuracy, let’s compare 2011 to 2021.
You must add this clause to your next purchase and sale agreement to avoid uncomfortable situations that threaten your reputation. Most of the time challenges that come up in a transaction are for the most part pretty common. You learn from them and are able to predict if it might happen again in another transaction.…
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Some things that I learned and loved in 2021. Excited for the new adventures coming our way, but here are some of my favorites from 2021. But there has been much gained with lessons learned, experiences and a ideas that fall short that either need a little more development, or maybe an idea for…
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Wishing good heath, happiness and family time to all of the members of the Property Management Industry. I always have a certain level of anxiousness approaching long, or extended holiday weekends. With a career that started and survived many midwest winters, it seemed that the first storms selected Thanksgiving, Christmas or New Years for their…
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These slides were presented by NAR Vice President of Demographics & Behavioral Insights Jessica Lautz at the 2021 NAR Real Estate Forecast Summit: The Year Ahead on December 15, 2021.
These slides were presented by NAR Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit: The Year Ahead on December 15, 2021.
Amid the economic uncertainty wrought by the emergence of the omicron COVID variant, fewer leases were signed and office occupancy fell again in 2021 Q4.