Real Estate

Housing affordability hit a 33-year low in June, according to NAR data. But an increase in inventory and stabilizing mortgage rates may stem the tide.

As inflation appears to have peaked, borrowing costs are starting to stabilize.

U.S. companies are looking to bring operations home from overseas, which will open new opportunities for commercial brokers, speakers at NAR’s C5 Summit say.

While prices continue to rise, existing-home sales fell in July for the sixth consecutive month and are down dramatically from a year ago, according to NAR’s latest housing report.

One in five reported reducing their prices in the past month to increase sales and limit contract cancellations. But a better outlook may be on the horizon, says NAR Chief Economist Lawrence Yun.

Inflation Reduction Act leaves out tax measures that would have derailed real estate investment.

Water views for less than $300,000? A realtor.com® study identifies where buyers can snag waterfront property at an affordable price.

Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist.

“Home prices have increased at a pace that far exceeds wage gains, especially for low- and middle-income workers,” says NAR Chief Economist Lawrence Yun.

NAR’s chief economist shares what now needs to happen to bring down borrowing costs and increase affordability for home buyers.

While women make up more than 60% of the real estate profession, they do not hold nearly that same level of representation in industry leadership roles.

The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist.

A contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist.

REALTOR® associations and an MLS band together in the Chicago area to bring more tech innovation to its members.

Record-high home prices, declining consumer confidence and fears of recession are taking their toll on aspiring homeowners.

A housing slowdown precipitated by low inventory and rising mortgage rates will open opportunities for some buyers, NAR Chief Economist Lawrence Yun predicts.

The market has mostly priced in current and future Fed actions, so mortgage rates shouldn’t rise dramatically, says NAR Chief Economist Lawrence Yun.

Passage by the House sets the stage for a Senate vote on NAR efforts to bring more real estate transactions into the digital age.

Housing affordability is becoming a bigger obstacle in the housing market. Homes were 80% more expensive in June than they were in 2019. Read more.

A report highlights housing supply issues and how a multifaceted approach could be key to improving housing equity as well.