Tag Archives: NAR

Although Black homeowners experienced the smallest wealth gains among any other racial or ethnic group, homeowners were able to accumulate over $115,000 in wealth in the last decade, according to a new report from the National Association of Realtors.

According to a new study from Urban Institute, research revealed that among never-married households, there was a steady six-percentage-point female-male homeownership gap between 1990 and 2021.

A new report from the National Association of Realtors revealed Black homeownership rates have not kept pace with increases of other racial groups, as Black homeowners and renters are more cost-burdened than any other racial group.

Pending home sales recorded the second-lowest monthly reading in 20 years as pending transactions dropped by nearly 40% year-over-year, while contract signings also slipped from October.

First-time homebuyers looking to purchase a typical home during Q3 have begun to feel the impact of nationwide housing's growing unaffordability. A new report from the National Association of Realtors revealed single-family existing-home sales prices grew in nearly every metro analyzed, as the national median home price climbed nearly 9% from 2021.

The latest NAR Tech Survey revealed eSignature, Lockbox, and MLS apps/technology to be the three most effective technology tools for Realtors’ businesses, as nearly half of Realtors believe the metaverse will have a significant impact on real estate.

The National Association of Realtors’ latest Pending Home Sales Index showed transactions sliding by 31% year-over-year. Contract signings also pulled back in all four major U.S. regions, with inflated mortgage rates continuing to hinder homebuyers from purchasing a home.

"The housing sector continues to undergo an adjustment due to the continuous rise in interest rates" said Lawrence Yun, Chief Economist of NAR. "Expensive regions of the country are especially feeling the pinch and seeing larger declines in sales."

Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. But amidst a tight housing market, potential Hispanic homebuyers —especially first-time buyers— ...

The share of millennial home buyers increased significantly over the past year, according to the latest study from the National Association of Realtors 2022 Home Buyer and Seller Generational Trends report. The NAR report found that the combined share of ...