Posts Tagged NAR

Pending home sales make a surprising rebound

home sold sign

Pending home sales made their first major improvement in October, beating even the most optimistic of outlooks. According to a recent press release, the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) jumped 3.5 percent compared to September, to a reading of 109.3. Originally predicted to clock in at 106.0, the latest reading exceeds the revised prediction of 105.6. This puts the PHSI at its highest level since June.

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NAR Research publishes report on home buying with children

family meeting real estate agent

Did you know that 49 percent of home buyers that have children consider a neighborhood based on the quality of the school districts? Or that 22 percent had to delay buying a home due to childcare expenses? These are just a few of the many insights gleaned from the National Association of REALTORS (NAR) Research Department’s 2017 Moving With Kids report. While the report shed light on a number of interesting home buying and selling behaviors among those with and without children, there were three key findings that appeared to be most significant. First, the report suggested that nearly half

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Are Baby Boomers to Blame for Housing Shortage?

townhouses palm trees

It’s no secret that there’s a shortage of available homes for sale in today’s real estate market. But the reasons behind the shortage are a little less obvious. Some experts believe the low inventory is a result of several factors, among which include homeowners still struggling with low equity as a result of the Great Recession. However, there are some experts that are looking at a particular generation that’s causing a clog in the inventory pipeline: Baby Boomers.

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