real estate news

Builder Confidence Healthy in July

July 21st, 2018
Builder confidence is healthy, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading is 68; an above-50 reading indicates more builders have a positive outlook than a negative one. “Consumer demand...

Homeownership Rate Ticks Up

July 29th, 2018
At the height of real estate season, the homeownership rate ticked up. According to Census data, the homeownership rate has risen to 64.3 percent—a departure from the first quarter of 2018, when the homeownership rate was 64.2 percent, as well...

Affordability Challenges Keep Millennials on the Sidelines

August 7th, 2018
Affordability is fading fast—and although millennials are eager to enter the market, and succeeding, they’re bearing the brunt of the challenge, according to recent research. Sixty-three percent of millennials under 29 are challenged by the cost of homeownership, according to...

Luxury Market on Record Streak

August 14th, 2018
The luxury market is on a record streak, with double-digit growth in 19 of the largest markets in the nation, according to the July Luxury Home Index by realtor.com®. High-end homes are moving rapidly, with age of inventory at 108...

401(k) Auto-Enrollment Connected to Early Withdrawals, With Housing Implications

August 23rd, 2018
With Social Security trust fund reserves waning—predicted to be depleted by 2034, leaving Social Security unable to maintain full scheduled benefits—and the number of retirees expecting to receive benefits increasing, more and more Americans are relying on 401(k) savings to...

Register for NAR’s Free REALTOR® Safety Webinar

September 4th, 2018
NAR PULSE—Share the message of safety with your agents this month! Encourage them to register for NAR’s REALTOR® Safety Program webinar scheduled for September 12 at 1:00 p.m. CT. They will learn how to form good habits that will help...

1 Million Lockboxes Later: SentriLock Celebrates 15 Years With NAR

September 11th, 2018
NAR PULSE—SentriLock, a National Association of REALTORS® (NAR) strategic investment company and REALTOR Benefits® Program Partner, is celebrating 15 years as the official lockbox solution for NAR. As the leading electronic lockbox manufacturer and service provider, SentriLock is one of...

NAR: 6 Percent Bump in Memberships, With Diverse Entrants

July 22nd, 2018
Membership in the National Association of REALTORS® (NAR)—which, for agents and brokers, denotes higher standards than what is required by their respective states—has increased in the last year, from 1.22 million to 1.3 million, according to the 2018 NAR Member...

Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year

July 30th, 2018
With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent. From May to June, activity increased...

Register for iOi: The Intersection of Real Estate and Tech

August 7th, 2018
NAR PULSE—The iOi Summit is three conferences in one, bringing together real estate professionals, investors and innovators, to collaborate on the future of real estate tech. Register now to gain access to 50-plus leading companies, including Facebook, BombBomb, Trust Stamp, DocuSign and...
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