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RT @NAR_Research: August 2020 United States showings were up 20% over this time last year and represents the largest year-over-year increase in Sentrilock® showings since October 2017. http://ow.ly/1Hbk50BBbwV
Original author: NAR Media Relations
RT @NAR_Research: NAR released a summary of existing-home sales data showing that housing market activity this August rose 2.4% from July 2020. August’s sales of existing homes jumped 10.5% from August 2019. http://ow.ly/aKnD50BAyjH #NAREHS
Original author: NAR Media Relations
RT @NAR_Research: Instant Reaction: Mortgage Rates, September 24, 2020. The 30-year fixed-rate mortgage rose to average 2.90% this week from 2.87% the prior week. However, mortgage rates remain near record lows, below 3%. https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-september-24-2020
Original author: NAR Media Relations
RT @NAR_Research: NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers. http://ow.ly/vcqf50BA6nc
Original author: NAR Media Relations
"Housing demand is robust but supply is not, and this imbalance will inevitably harm affordability & hinder ownership opportunities," said NAR's Dr. Lawrence Yun. "To assure broad gains in homeownership, more new homes need to be constructed." https://www.thebalance.com/smallest-supply-of-homes-for-sale-5079037 @DicconHyatt
Original author: NAR Media Relations
RT @NAR_Research: [email protected]’s @DianaOlick reports on August’s existing home sales, what the number means for supply and how home prices are up 11.4 percent year to date now. http://ow.ly/FnVh50ByXD8 #NAREHS
Original author: NAR Media Relations
RT @NAR_Research: The REALTORS® Confidence Index (RCI) survey gathers on-the-ground information from REALTORS® based on their real estate transactions in the month. This report presents key results about August 2020 market transactions. http://ow.ly/VX9K50ByaFV
Original author: NAR Media Relations
"I was very surprised at the speed and pace of the recovery," says Gay Cororaton, the director of housing and commercial research for the National Association of Realtors®. "Right now the housing market is one of the strong legs of the economy."https://qz.com/1907342/despite-covid-19-sellers-are-winning-in-the-us-housing-market/ @ossolalex
Original author: NAR Media Relations
#NAREHS data for August 2020 will be released today at 10 a.m. ET. @NAR_Research
Original author: NAR Media Relations
RT @NAR_Research: August represents the second month of increasing nationwide foot traffic, with home showings for three of the four regions seeing increases in year-over-year activity. http://ow.ly/aEcz50BxenH
Original author: NAR Media Relations
The pandemic & working remotely were unexpected but "companies realized that workers can be just as productive working from home," said NAR's Lawrence Yun. "We may begin to see a boost in people buying retirement homes before their retirement."https://www.cnbc.com/2020/09/21/with-remote-work-options-people-opt-to-relocate-before-retirement-.html @MFOXCNBC
Original author: NAR Media Relations
RT @NAR_Research: New Unemployment Claims Decreased to Their Lowest Level Since the Beginning of the Pandemic. Tracking jobless claims by state: week ending September 12. http://ow.ly/El1G50Bx5NC
Original author: NAR Media Relations
RT @NAR_Research: At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June, according to NAR’s Housing Affordability Index. http://ow.ly/WQfU50Brhav
Original author: NAR Media Relations
RT @NAR_Research: Weekly Housing Market Monitor: What’s Happening in the Housing Market? Every week, NAR Research releases the Weekly Housing Market Monitor, tracking the state of the housing market and related industries in this unprecedented time. http://ow.ly/OAbE50BuFHE
Original author: NAR Media Relations
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Since a NAR survey showed that 53% of buyers in 2019 used an agent that was either referred to them or was someone they used in the past, that means that about half of all buyers (47%) are available to any agent willing to compete for them. https://www.housingwire.com/articles/what-conversion-rate-should-real-estate-agents-expect-when-they-purchase-leads/ @RobynAFriedman
Original author: NAR Media Relations
RT @NAR_Research: From June to July, median sales price rose by 8.5%, more than double the 4.1% increase seen in family income levels, NAR reports. But mortgage rates that have fallen to all-time lows are helping to offset some of the rising costs. http://ow.ly/6eOJ50BuPvT
Original author: NAR Media Relations
RT @NAR_Research: Weekly Housing Market Monitor: What’s Happening in the Housing Market? Every week, NAR Research releases the Weekly Housing Market Monitor, tracking the state of the housing market and related industries in this unprecedented time. http://ow.ly/tryD50BuFHD
Original author: NAR Media Relations
RT @NAR_Research: This report was conducted among NAR members about their transactions from 2016 through 2019 to gather information on the use of Section 1031 like-kind exchanges. http://ow.ly/xb3550BkR3E
Original author: NAR Media Relations
RT @NAR_Research: Instant Reaction: Mortgage Rates, September 17, 2020. Mortgage rates have stabilized near record lows but rates could fall even further this year. The 30-year fixed-rate mortgage inched up to an average of 2.87% this week from 2.86% the prior week. https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-september-17-2020
Original author: NAR Media Relations