Local Market Data Archive

Research behind the Scenes at the 2019 REALTORS® Legislative Meetings & Trade Expo: Residential Economic Issues & Trends Forum

Bright and early on Thursday May 16th, NAR Chief Economist Lawrence Yun presented his economic outlook on current and forecast trends to members attending the 2019 NAR Legislative Meetings & Expo.  In his update, Yun spoke about challenges facing...

Research Behind the Scenes at the 2019 REALTORS® Legislative Meetings & Trade Expo: Metro Median Home Prices

On Tuesday May 14th, NAR Chief Economist Lawrence Yun was interviewed in the NAR staff office at the Legislative Meetings & Trade Expo by the Real Estate Today radio show while being filmed for a video on the quarterly metro median...

State and Local Tax Deduction (SALT): The Impact by State

The state and local tax (SALT) deduction allows taxpayers to deduct state and local tax payments on their federal tax returns. The new tax law, called the Tax Cuts and Jobs Act, instituted a cap on the SALT deduction....

Wealth Gains from Homeownership across Metro Areas in 2018

Homeownership has been associated with positive social outcomes[1], and is also the largest source of wealth among homeowning households. In 2016, the median net worth among homeowners was $231,400, with housing wealth making up 85 percent of wealth (average...

Planning to Buy a Home in 2019?

Mortgage rates are starting off 2019 at very good levels. In fact, mortgage rates declined, starting the new year with the 30-year fixed rate mortgage dipping to 4.5 percent last week from 5 percent a month ago, according to mortgage...