Approval vs Pre-Approval
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Economists Unhappy With Fed’s Decision to Keep Raising Rates
June 27,2023The Federal Reserve voted on Wednesday to raise its target federal funds rate by a quarter of a point, despite a growing number of economists who’ve called on the Fed to put an end to its...
9 Hot Home Design Trends This Summer
Find out what home styles—both interior and exterior—are seeing dramatic increases in online searches.Homeowners are trying to maximize their space by taking on remodeling projects geared toward...
NAR Applauds White House Task Force for Changes to Address Appraisal Bias
WASHINGTON (June 1, 2023) – National Association of Realtors® President Kenny Parcell issued the following statement today after the White House's Property Appraisal and Valuation Equity (PAVE) Task...
Inventory Constraints Contribute to a Dip in Pending Sales in March 2023
May 1, 2023 NAR released a summary of pending home sales data showing that March's pending home sales pace fell 5.2% last month and 23.2% from a year ago.Pending sales represent homes that have a...
Baby Boomers Overtake Millennials as Largest Generation of Home Buyers
Key HighlightsBaby boomers now make up 39% of home buyers – the most of any generation – an increase from 29% last year.Generation Z now makes up 4% of buyers, with 30% of Gen Z moving directly...
Pending Home Sales Improved for Second Straight Month, Up 8.1% in January
Contract signings registered the largest monthly increase since June 2020, rising month-over-month in all four U.S. regions.February 27, 2023
Nearly 9 in 10 Metro Areas Posted Home Price Gains in the Fourth Quarter of 2022
February 9,2023Single-family existing-home sales prices climbed in almost 90% of measured metro areas – 166 of 186 – in the fourth quarter. The national median single-family existing-home price...
