Approximately three to four percent of REALTORS® report a commercial rental every month. On an annual basis, this would be in the neighborhood of 175,000 rental transactions per year. In addition, approximately three percent of REALTORS® report a … [Read more...]
Are Lending Standards Loosening?
Celia Chen, an economist for Moody’s Analytics, recently reported on her projections regarding mortgage standards throughout 2013. “The housing recovery began in earnest in 2012, despite constraints placed by a still-tight mortgage lending … [Read more...]
FHFA, Case-Shiller Home Prices
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s second update discusses FHFA and Case-Shiller home prices. Home prices rose … [Read more...]
New Home Sales Positive
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses new home sales. The figures for new home sales, contracts … [Read more...]
Economy Advances 2.2 Percent in 2012
Based on early estimates, economic activity closed 2012 on a mixed note. Though gross domestic product grew at 2.2 percent for the whole year, the fourth quarter results were disappointing, showing a 0.1 percent decline. A large 22.2 percent cut in … [Read more...]
Increasing REALTOR® Optimism Reported in January
The REALTORS® Confidence Index (RCI) Report provides monthly information about expectations for overall market conditions, buyer/seller traffic, price, buyer profiles, and issues affecting real estate. REALTORS® in the January report generally … [Read more...]
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