Monthly Archive:: December 2011

2012 Economic and Housing Outlook

Released yesterday, December 29th, 2011, here is the 2012 Economic and Housing Outlook from NAR Chief Economist Lawrence Yun. The full 15 slide PowerPoint looks at economic indicators such as existing home sales, new home sales, housing starts, GDP,...

Type of Mortgage, First-Time and Repeat Buyers

While 95 percent of buyers in 2010 chose fixed rate mortgages, only 92 percent chose fixed-rate financing in 2011. Of those with an adjustable product, a fixed- then adjustable product was about twice as common. Repeat buyers were somewhat...

Jobless Claims

Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update highlights jobless claims. After a significant plunge in new jobless claims last week, this...

REALTORS® and Homeownership

A substantial majority of REALTORS® (91 percent) own their primary residence. The percentage of REALTORS® who own their home differs slightly by age. Members 39 years old and younger had a lower level of homeownership at 78 percent, compared...

Relocation Activity of REALTORS®

REALTORS’® firms provide them with additional resources, including websites and relocation departments. Nine in ten REALTORS® reported that their firms have a web presence, and 2 percent indicated that there is not currently a presence, but a site is...