Author Archive

REALTOR® Comments on Housing Market Issues in Latest RCI Survey

Every month REALTORS® provide a variety of comments on the state of the market when responding to the RCI survey. In general, REALTORS® noted in the February report that uncertainty about economic conditions, rising prices, weather, the limited inventories...

REALTORS® Confidence Index Stays Flat in February 2014

Confidence about current and future real estate market conditions was essentially unchanged in February 2014 compared to January 2014, according to the REALTORS®  Confidence Index: http://www.realtor.org/reports/realtors-confidence-index. Across the Northeast, Midwest, and Southern states, the adverse wintry weather had more...

Investor Buyers Still Active

Investor buyers continue to be active in the residential market. About 20 percent of REALTORS® who responded to a monthly survey about their last sale in January 2014 reported that the sale was made to a buyer buying for...

Cash Sales at 33 Percent of Residential Sales

Approximately 33 percent of respondents reported cash sales in January [1]. About 13 percent of reported sales made by a first-time buyer were cash sales compared to about 50 to 70 percent for investors and international buyers. See the...

REALTORS® Confidence Index Indicates Modest Market Expansion in January 2014

The January REALTORS® Confidence Indexes for current conditions indicate a modest pace of expansion compared to the heated recovery in 2012 through mid-2013. The extreme winter weather was reported to have negatively affected sales, particularly on the East Coast...