Recently the Consumer Financial Protection Bureau (CFPB) released a much anticipated rule that finally gets the ball rolling on reform of the mortgage finance industry. Investors fled the market following the housing bust, reducing the flow of … [Read more...]
Diffusion Index of Foot Traffic: Improving
Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to … [Read more...]
Rental Incomes Continue to Outpace Other Sources of Income
The economic recession in 2009 was painful to most people. However, as wages and salaries, proprietors’ income, and income from assets (e.g., stocks, etc.) contracted that year, aggregate rental income rose as many homeowners turned into … [Read more...]
Falling Homeownership Rate
The homeownership rate fell again in the third quarter of 2012. The latest 65.3 percent ownership rate (seasonally adjusted figures) is the lowest since 1996, when Bill Clinton was campaigning for his re-election. But there is good news in the data … [Read more...]
Current Confidence Index Up Across All Property Types
The year 2012 ended on a high note. Based on information gathered from the December 2012 REALTORS® Confidence Index Survey, the Current Conditions Confidence Index increased for all property types. The index for single family homes rose to 56 from … [Read more...]
Working from Home in the U.S.
Trends among workers, REALTORS®, and an easier way to claim a tax deduction The American Time Use survey shows that just over 1 in 5 (21.3 percent) of employed persons who worked on an average day worked from home, and worked on average 2.88 hours … [Read more...]
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