Author Archive

43 Percent of Properties Were on the Market for Less than a Month in July 2015

Properties that closed in July 2015 were typically on the market for at 42 days (34 days in June 2015; 48 days in July 2014), according to the July 2015 REALTORS® Confidence Index Survey Report. 11 Days on market typically increase...

REALTORS® Outlook Over The Next Six Months: Positive But More Moderate

As of July REALTORS® were by and large “strongly confident” about the outlook over the next six months although confidence eased somewhat compared to June: July 2015 REALTORS® Confidence Index Survey Report.[1] In the single-family markets, the REALTORS® Confidence...

The Commercial Real Estate Sector: Some Interesting Facts

Size of the Commercial Building Sector The Energy Information Administration’s Commercial Building Energy Consumption Survey (http://www.eia.gov/consumption/commercial/) has recently provided updated estimates of total U.S. commercial real estate space. The types of commercial building transactions frequently handled by REALTORS®–office buildings,...

61 Percent of REALTORS® Reported Higher Prices from a Year Ago in June 2015

In the June 2015 REALTORS® Confidence Index Survey Report 61 percent of REALTORS® reported rising home prices compared to only 43 percent in December 2014 (60 in May 2015; 68 in June 2014). About 16 percent of sales reported by...

REALTORS® Broadly Positive About the Six-Month Outlook

In June 2015, REALTORS® were by and large “strongly confident” about the outlook for the next six months, although confidence appears to have decreased slightly relative to May, according to the June 2015 REALTORS® Confidence Index Survey Report. [1]...