Based on information from the latest REALTORS® Confidence Index survey, 24 percent of respondents reported selling distressed property (foreclosed and short sales), down substantially from what had been the case a year or two ago. Cash sales … [Read more...]
Home Prices Projected to Increase By 3 Percent in Forthcoming Year
Recently released research data project rising residential prices in 2013. The October 2012 Economic Survey by the Wall Street Journal panel of economists forecasted home prices as increasing at an annual rate of 3.25 percent in the forthcoming year. … [Read more...]
New Home Sales in September
New home sales, like existing home sales, continue to trend higher. Similarly, low inventory is pushing up prices. In September, new home sales were 389,000 (annualized rate after seasonal adjustment), which is a gain of 5.7 percent … [Read more...]
Cash Sales: 28 Percent of Residential Sales
Approximately 28 percent of REALTORS® reported making cash sales in September, relatively unchanged since August (27 percent) and almost at par with the same period of last year of 30 percent, based on information from the REALTORS® Confidence … [Read more...]
2012 Member Profile: Demographics
The 2012 Member Profile contains information on member business activity in 2011, member demographics and firm affiliation and business characteristics. Some demographic highlights: The latest data shows that 60 percent of members are female, and … [Read more...]
The 2012 Relocation Reports: Maricopa County, Arizona
NAR Research has produced a total of 3,147 Relocation Reports for U.S. counties. The Relocation Report for each county presents information for that county on county‐to‐county migration flows within the United States, the average incomes of … [Read more...]
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