Key Highlights Existing-home sales faded for the ninth month in a row to a seasonally adjusted annual rate of 4.43 million. Sales fell 5.9% from September and 28.4% from one year ago. The median existing-home sales price rose to $379,100, an increase of 6.6% from the previous year. The inventory of unsold existing homes slipped…
At its November 7 meeting, the Texas Real Estate Commission proposed two changes to Section 537 of TREC rules: The proposed change to Section 537.1 includes a definition for the new term “informational items,” which is intended to better describe the type of information that a license holder can add to a contract form. This…
Eleven Takeaways From the 2022 Profile of Home Buyers and Sellers Picking up the 2022 Profile of Home Buyers and Sellers can be a daunting task. There are 142 pages of content, and many charts span the 41-year history of the data set. This post helps you wade through some of the more striking changes.…
Here is this week’s latest Podcast from NAR. Let’s get your entire home ready for the winter months! This Old House host Tom Silva tells us what we should be doing with regard to insulation, the roof, and eliminating drafts. North Carolina REALTOR® Audrey June-Forshey advises us on how to keep odors out of the…
NAR Launches Nationwide Motor Coach Tour to Mobilize Members, Strengthen Voice for US Consumers. CHICAGO (November 15, 2022) – The National Association of Realtors® announced today it would launch a nationwide motor coach tour with coordinated stops or affiliated events planned in every U.S. state over the next year. As its membership numbers approach 1.6…
Don’t miss your chance to see TREC Executive Director Chelsea Buchholtz live and in person at our GEPAR offices talking about Regulating A Changing Industry. The Ambassador Luncheon begins at 11:30 AM on Thursday, November 10, 2022. CLICK THE BUTTON BELOW TO SIGN UP Click Here To Sign Up
WASHINGTON (October 28, 2022) – Pending home sales trailed off for the fourth consecutive month in September, according to the National Association of REALTORS®. All four major regions recorded month-over-month and year-over-year declines in transactions. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator of home sales based on contract signings, slumped 10.2% to 79.5…
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Realtor safety is of utmost importance to those in the field, especially to those at NAR. Here’s how they’re helping to save lives. Click the button below for the link to the story. Safety Network Story
NAR released a summary of pending home sales data showing that August’s pending home sales pace weakened 2.0% last month and fell 24.2% from a year ago. To Learn More from NAR Click The Link Below. Click Here for More From NAR