The National Association of Realtors’ (NAR) Pending Home Sales Index for August was 88.6, which is on par with last year’s pending home sales average for the year, according to NAR’s chief economist, Lawrence Yun. Yun says the index has been moving within a narrow range for the past several months. “There are improving factors, …
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According to a recent update to the real estate market forecast from Veros Real Estate Solutions, select markets in the United States can expect 2.5 percent to 3.5 percent appreciation in home values over the next 12 months. Although only mild appreciation is expected, approximately 40 percent of all major metro areas are forecast to …
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Rising mortgage rates helped push first-time homebuyers to buy properties in November, while investors lost some of their enthusiasm for distressed properties. These are two of the major findings of the latest HousingPulse Tracking Survey released by the market research firm Campbell Surveys Monday. The company found that first-time buyers’ share of home purchases jumped …
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Home buyers today have affirmed a long-term view of home ownership, the typical seller is experiencing positive returns and the vast majority of home owners see their property as a good investment, according to the latest consumer survey of home buyers and sellers. The study was released here today at the 2010 REALTORS® Conference & …
Continue reading ‘NAR Home Buyer and Seller Survey Shows Value of Long-Term Home Ownership’ »