REALTOR® Confidence Index Archive

REALTORS® Report Strong Market Outlook for Next Six Months Across All States

In the March 2015 REALTORS® Confidence Index Survey, REALTORS® reported they were increasingly more confident about the housing outlook in the next six months compared to the case in February and a year ago.[1] The seasonal uptick in market...

66 Percent of First-time Home Buyers Make a Low Down Payment

Based on information gathered from the REALTORS® Confidence Index Survey in the months of December 2014–February 2015, 66 percent of first-time homebuyers made a down payment of 0 to 6 percent. [1] Although this is a decline from the...

Home Inspection Issues: Major Reason for Contract Terminations

In the February 2015  REALTORS® Confidence Index Survey, NAR asked  REALTORS® what problems they encountered in their most recent contract that either went into settlement or was terminated in the past 3 months.    Among contracts that were terminated...

REALTORS® Reported High Credit Score Requirements Are Easing

Qualifying for a mortgage is still generally difficult, although becoming easier, according to the February 2015 REALTORS® Confidence Index Survey. About 52 percent of REALTORS® providing transaction credit score information reported FICO credit scores in the range of 620-740;...

In What States Do Properties Sell Quickly?

In a monthly REALTORS® Confidence Index Survey, NAR asks REALTORS®  “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s...