Author Archive

How Do Housing Market Conditions Compare in 2004 and 2018?

With interest rates rising and house price appreciation slowing down or depreciating in some metro areas, it is worth recalling the conditions that prevailed prior to the housing market’s downturn in 2005 and to compare these with current market...

In Which States Did Properties Sell Most Quickly in August 2018?

In a monthly survey of REALTORS®, respondents reported that properties were typically on the market for 29 days, just a day shorter time compared to one year ago (30 days), according to the  August 2018 REALTORS® Confidence Index Survey.[1]...

REALTORS® Expect Modest Rise in Home Prices, According to NAR August 2018 Survey

In a monthly survey of REALTORS®, respondents are asked “In the neighborhood(s) or area(s) where you make the most sales, what are your expectations for residential property prices over the next year?”  Based on the responses of approximately 3,000...

REALTORS® Reported Slower Homebuying in Many States in August 2018

Based on REALTORS® who reported about their transactions in August 2018, home buying activity slowed compared to the level of activity one year ago, according to the  August 2018 REALTORS® Confidence Index Survey.  The REALTORS® Buyer Traffic Index[1] slid...

Homes Typically Sold in 27 Days in July 2018

Amid strong demand compared to homes for sale, REALTORS® reported that properties were typically on the market for 27 days, a shorter time compared to one year ago (30 days) and about the same level during the prior month...