Pending home sales are posting annual losses in the double-digits as home buyers continue to back away from the market due to surging mortgage rates.
Source: Realtor.org
September 2022 - NWMAR
“If you’re regularly paying your rent on time, that’s a good indication you will also pay your mortgage on time,” says the Federal Housing commissioner.
Source: Realtor.org
The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.
Source: Realtor.org
Leslie Rouda Smith, the association’s president, joins administration officials and other housing leaders to discuss a comprehensive plan to address shortages.
Source: Realtor.org
Still, homeowners are faring well, with property prices surging despite a pullback in buyer demand, says NAR’s chief economist.
Source: Realtor.org
Housing volatility is pushing more sellers to work with real estate pros rather than go it alone. Here’s how to capitalize on higher interest in your real estate services.
Source: Realtor.org
Despite an unexpected jump in new construction in September, demand for new homes is falling due to high prices and mortgage rates. Builders are lowering their asks to boost buyer traffic.
Source: Realtor.org
NAR Spire pairs real estate pros in underserved areas with experienced practitioners to help them find new business opportunities.
Source: Realtor.org
Monthly mortgage payments are 60% higher than a year ago, according to NAR. Buyers can save by shopping around for different types of loans.
Source: Realtor.org
Pending home sales in July dropped nearly 20% year over year as the housing market continues to slow. But a turnaround is in sight, says Lawrence Yun.
Source: Realtor.org
