Chief Economist Lawrence Yun forecasts rising home sales, prices and new-home activity through 2026, but says high mortgage rates continue to slow the market.
After three months of decline, Floridians grew more optimistic in May, with stronger confidence in making major purchases and in the future of the U.S. economy.
Small businesses should adopt multi-factor authentication on all accounts and have three copies of their data, among other practices.
Over a 14-month period starting in September, lenders are phasing in new appraisal reporting for all GSE-conforming loans.
Real estate pros are being targeted in a crypto scam where fake buyers build trust, show fake profits then steal large sums. The Secret Service and NAR urge caution.
Real estate pros say people who view homes during the week are often more serious buyers, are already prequalified to buy, and usually come with their agent.
Rather than waiting for rates to drop, buyers should be looking at all monthly costs to get a picture of what they can afford, says NAR’s deputy chief economist.
Nearly 30% of homebuyers say a recession would make them more likely to buy, citing lower rates and less competition despite economic uncertainty.
Overall, consumers see the outlook for the economy as no worse than last month, but they remained concerned about the future, a new survey found.
New NAR Consumer Guides help customers understand market conditions and explore financial programs that assist with purchasing or keeping a home.
