2012 began with atypically strong home sales, which carried through the entire year. As a result, inventories declined and price appreciation took off. Over the 4-quarter period ending in December, 131 markets or 88% of those monitored by NAR … [Read more...]
REALTORS® Confidence Index: REALTOR® Comments
REALTORS® frequently provide comments in their responses to the monthly REALTORS® Confidence Index survey. The January responses in general were upbeat, focused on the ongoing recovery of the residential real estate markets. However, there continue … [Read more...]
International Buyers: A Significant Part of Real Estate Sales
NAR has estimated residential sales to foreign buyers at $ 82.5Billion for the 12 months ended March 2012, approximately 8.8 percent of the total residential market by dollar volume … [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...]
Just How Big is the FHA?
The FHA has been in the headlines a lot recently. So have assertions regarding how large of a presence the institution has in the housing market. The FHA’s significance varies based on which benchmark you are measuring it next to; the total sales … [Read more...]
REALTORS®’ Commercial Markets Gain Steam in Fourth Quarter 2012
Commercial REALTOR® markets posted accelerating growth in sales and leasing activity during the fourth quarter of 2012. Based on the results of the January Commercial Real Estate Market Survey, commercial practitioners closed the year on a more … [Read more...]
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