REALTOR® Members Archive

Falling Oil Prices, REALTOR® Expense

Oil prices have tumbled in the past month, and the reasons are due to supply and demand.  North Dakota is producing oil like mad, now the second biggest oil producing state after Texas, surpassing Alaska.  On the demand side,...

Properties Typically Sold Within 44 Days in June 2014

With home inventories limited relative to demand, properties were reported as selling faster for the sixth straight month, typically at 44 days (47 days in May) [1], according to the June 2014 REALTORS® Confidence Index. Short sales were on...

REALTORS® Expect Modest Price Growth in Next 12 Months, Based on June 2014 REALTOR® Survey

REALTORS® generally expect home prices to increase in all states and the District of Columbia over the next 12 months, according to the June 2014 REALTORS® Confidence Index. The median expected price increase is 3.6 percent [1]. Expected price...

Distressed Sales Still on the Downtrend: 11 Percent of Sales in June 2014

With rising home values and fewer foreclosures, the share of distressed sales to total residential sales continues to be on the downtrend, according to the June 2014 REALTORS® Confidence Index. Distressed sales accounted for 11 percent of sales in...

REALTORS® Confidence Index Survey: June 2014 Survey Highlights

The June 2014 REALTORS® Confidence Index (RCI) Report indicates that REALTORS® had a slight dip in confidence about current and future market conditions in June across all markets. Low supply of homes relative to demand, the challenging credit environment,...