REALTOR® Members Archive

Market Conditions Held Steady in October

According to the latest REALTORS® Confidence Index, current conditions across property types essentially moved sideways in October–a slight decline for the single family market, and a slight increase for townhouses and condos.  Data were from the October REALTORS® Confidence Index...

Rise in Member Age: No Stop in Sight

The median age of members has been rising since data collection started in 1978. In 1978 the median age of NAR members was 42, today the median has risen to 56 years of age. In 1978 the share of...

REALTORS®: Six-Month Single Family Home Outlook “Moderate”

REALTORS’® confidence about the outlook for the next six months for single-family homes is still generally “moderate” in many states, according to the September  REALTORS® Confidence Index Survey:  http://www.realtor.org/reports/realtors-confidence-index . The graphs below show a measure of REALTORS’® confidence...

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...